Economy, business & finance
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Marasu's Petit Fours, a British luxury chocolatier supplying high-end retailers and the royal family, has filed for insolvency alongside its parent company, Prestat Group.
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Austrian Finance Minister Markus Marterbauer and four other EU finance ministers are urging the European Commission to implement a temporary excess profit tax on energy companies as fuel prices surge across Europe.
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Russian President Vladimir Putin has admitted to a worsening economic situation, citing a 2.1% drop in GDP and significant losses from Ukrainian drone strikes on oil infrastructure, according to verified reports.
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Investor confidence in German equities has waned despite the DAX reaching a record high earlier this year, with analysts favoring globally diversified portfolios over domestic-focused stocks.
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German Green Party co-leader Ricarda Lang has called for expanded home office rights to ease the financial strain of soaring fuel prices on citizens.
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The Artemis 2 mission will send astronauts to the Moon to test spacecraft systems while China prepares its own lunar mission focused on extracting rare earth elements and helium-3.
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