Wednesday, November 6, 2024

Donald Trump Returns to the White House: Markets React with Dollar Strength, Bitcoin Surge, and Gold Decline

After an exciting election night in the USA, the world woke up to a new political order. All signs indicate that Donald Trump is returning to the White House, and the Republicans may gain the majority in both houses of Congress. Financial markets are...

WIG20 and Global Indices React to Trump’s Likely Victory: Gains Amid Market Uncertainty

The contract is gaining over 1% at 09:00. The WIG20 contract initially limited gains, but is responding minute by minute to the situation on global indices and a slight withdrawal of the dollar....

Trump’s Victory and Republicans Cause a Decrease in Commodity Prices

Trump and Republicans' victory triggers commodity price fall due to tariff and economic growth concerns. Global financial markets in some cases aggressively responded to the U.S. election results, which increasingly point to a...

Bitcoin Price Hits New All-Time High

Bitcoin has achieved a new record high today, exceeding $75,000 and consequently surpassing the previous record of $73,738 from March this year. This remarkable achievement reflects the growing confidence in digital assets amid economic and...

Convenience Stores Lead Growth in Q3: Footfall Up by 9.5%, Supermarkets and Discount Stores Decline

The analysis of over 1.5 million consumers' behavior in the third quarter of the year showed that footfall in convenience stores markedly increased, by up to 9.5% year on year. In hypermarkets, there...

Salaries for artificial intelligence specialists have risen by up to 16.6% since the beginning of the year

The median salaries for IT specialists working in the field of artificial intelligence (AI) are rising each quarter, now reaching up to 30 thousand PLN net (+ VAT) for a B2B contract and...

Global Luxury Real Estate Market Cools

The increase in luxury housing prices continues to be moderate, according to the Knight Frank Prime Global Cities Index, which covers 44 of the world's most expensive cities. In the third quarter of 2024, the annual increase in prices slowed to 2.9% from 3.4% in the first quarter of the year. This is significantly below the 10-year high of 10.3% recorded in the fourth quarter of 2021. Growth Slowdown In the third quarter of 2024, the best residential property prices grew at a rate of 2.9% annually. This represents the lowest year-on-year increase of the year, and a significant drop from the 10-year average of 4.6%. Interest Rate Cuts are Key to...

Housing Loan Demand Drops by 16.5% YoY in October 2024, but Month-to-Month Applications Rise

The value of inquiries for housing loans fell by 16.5% year-on-year in October 2024, according to the BIK Housing Loan Demand Index. The Index's...

NIS2 Directive: A Cybersecurity Revolution for Polish Companies and Institutions

The implementation of the EU NIS2 directive on cybersecurity, the rollout of which in...

Livesport Acquires BeSoccer: Expanding Global Reach in Live Sports Technology

Livesport, the firm behind Flashscore, acquired 100% of shares in BeSoccer, the world's most popular app for tracking football match results. The acquisition enriches Livesport's portfolio and extends its base of 100 million...

Bio Planet Reports 9% Sales Growth in October and Eyes Expansion to the Middle East

Bio Planet closed another month with excellent sales results. Poland's largest supplier of organic food reported sales of 25.4 million złoty in October, representing a growth rate of 9% compared to sales in...

Trump’s Likely Victory Strengthens the Dollar: Zloty Under Pressure Amid Market Reactions

We do not have confirmation yet, but all signs point not only to Donald Trump winning the presidential election,...

Electric Car Fires: Understanding Risks and Improving Firefighting Techniques

The topic of fire safety for electric cars returns with the growing popularity of zero-emission drives. Many myths have grown around it, which may...

SME Ombudsman appeals to the Prime Minister for changes in health contribution rules for entrepreneurs

The Ombudsman for Small and Medium Enterprises, Agnieszka Majewska, has submitted to Prime Minister Donald Tusk comments regarding the draft amendment to the Act...

AME will start clinical trials of Diabetomatum. Proprietary technology will be used in the study of heart failure with Cardio Breath device

Polish start-up Advanced Medical Equipment (AME), the brains behind the development of the Diabetomat, a revolutionary device for non-invasive blood sugar level testing, has...

PG Silesia from Bumech Group launches mining on new wall

PG Silesia (PGS), part of the Bumech Group, begins the extraction of wall 163 on layer 315 approximately 840 meters underground, after a year...

Signify reports results for the third quarter of 2024.

Signify reports results for the third quarter of 2024: €1.5 billion in sales; operating profitability at 10.5% and free cash flow amounting to €119...

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