Author: Euronews

For years, the general population has believed that people with flat feet are more likely to develop future pain and musculoskeletal issues. The Cube takes a look at a study claiming that this isn’t the case after all. ADVERTISEMENTThe idea that having flat feet inevitably leads to pain or other musculoskeletal problems goes back centuries.It was revived during the second half of the 1900s, when US podiatrists popularised the notion of having ‘normal’ feet.This included the theory that not having a well-defined arch or a straight heel would make your feet abnormal and more prone to injury, because they would…

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Amazon delivered strong first-quarter earnings owing to robust growth in its cloud business, AWS. ADVERTISEMENTAmazon reported robust first-quarter earnings that surpassed market expectations as its cloud computing service, Amazon Web Services (AWS), experienced accelerated growth, buoyed by advancements in artificial intelligence (AI). The e-commerce giant’s shares rose by more than 1% in after-hours trading, despite a broad selloff on Wall Street.Overall strong quarterly earningsAmazon exceeded market expectations, reporting earnings per share of 98 pence on revenue of $143.3 billion, surpassing estimates of 83 pence and $142.5 billion, respectively. Its overall sales revenue increased by 13% from $127.4 billion in the same…

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The number of banking millionaires is on the rise, according to the European Banking Authority – but women don’t seem to be benefiting. ADVERTISEMENTOver 90% of the best paid bankers in the EU are men, according to figures published by the European Banking Authority (EBA) last Thursday (25 April).For investment firms, the figure – which counts staff who earned over €1 million in 2022 – is over 96%, highlighting the scale of the financial sector’s gender pay gap.EU regulators collect data on financiers’ high pay – driven by the concern that big bonuses can encourage risky behaviour in staff, potentially…

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Amazon is set to unveil its first-quarter earnings after the US market closes on 30 April. The e-commerce behemoth is anticipated to showcase its advancements in the AI-powered cloud business. ADVERTISEMENTThe US earnings season has revolved around AI progress among major tech companies. Microsoft, Alphabet, and Meta have all indicated that their substantial investments in AI are beginning to pay off, evident in their robust quarterly earnings. Consequently, the focal point of Amazon’s upcoming earnings report is likely to be its AI-aided business, AWS, and the rapidly expanding advertising segment.AWS may remain a stable growthAmazon’s Web Services (AWS) is seen…

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Euronews Business asks the various political groups in the European Parliament about their economic agenda for the next five years. ADVERTISEMENTImproving competitiveness (better conditions for businesses), cutting bureaucracy, protecting jobs and supporting the green transition are just a few of the key pledges from the party groups ahead of the European Parliament elections taking place 6-9 June. Turning on the economic growth engine in the continent for the next five years appears to be a complicated task. The current output is little more than zero and the outlook for the next years appears to be stark, according to the IMF which states:…

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