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Alibris to sell over 1 million used books on Temu platform
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Alibris to sell over 1 million used books on Temu platform

Alibris has signed an agreement with Temu to bring over 1 million used books to the Chinese e-commerce platform. Sales will operate under the Local Seller program, with books sourced, stored and shipped locally in the USA. This is Alibris's second major deal with an Asian brand; the company previously partnered with Shein. Temu faces accusations of violating data privacy, intellectual property rights and using forced labor.

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Kaufland tests scales that recognize products in 23 stores
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Kaufland tests scales that recognize products in 23 stores

Kaufland is introducing smart scales that automatically recognize fruits and vegetables and suggest the correct option on screen to customers. The innovation is meant to eliminate the need to weigh products before approaching checkout. The system is already being tested in 23 locations across the chain.

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Fed expected rate cuts: now braces for renewed inflation fight
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Fed expected rate cuts: now braces for renewed inflation fight

The U.S. Federal Reserve planned interest rate cuts this year, but latest inflation data derailed those plans. October inflation came in at 0.4% monthly and exceeded expectations. The Fed is now preparing for another round of fighting rising prices instead of easing monetary policy.

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Mercedes freezes German investments and considers closing two factories
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Mercedes freezes German investments and considers closing two factories

Mercedes-Benz has halted new investments at its German plants and is reviewing their profitability. If negotiations with the works council and union IG Metall do not yield agreement on savings measures, two facilities could be closed — a vehicle assembly plant and a powertrain production facility; specific locations have not yet been identified. The company emphasizes that labor costs in Germany are as much as five times higher than in Eastern European factories. Management is considering measures including extended working hours without raises and elimination of vacation and holiday bonuses.

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Poland's GDP grew 3.5 percent: slowdown driven by fuel prices
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Poland's GDP grew 3.5 percent: slowdown driven by fuel prices

Preliminary data from the Central Statistical Office show that Poland's economic growth rate slowed to 3.5 percent in the last quarter. The main causes are an unfavorable statistical base effect and weaker consumption, which was negatively affected by high fuel prices.

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IMF head for Europe: European economy must transform faster
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IMF head for Europe: European economy must transform faster

Mateusz Szczurek, IMF Director for Europe, warns that Europe faces a dangerous combination of slow growth, rising public debt and higher debt servicing costs. Climbing sovereign bond yields are increasingly straining government budgets, limiting capacity to invest in the future. Szczurek calls for faster structural transformation of the European economy.

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US budget deficit hits record 404 billion dollars in October
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US budget deficit hits record 404 billion dollars in October

The new US fiscal year opened with a record budget gap: October's deficit reached 404 billion dollars, 42 percent higher than a year earlier. Revenue from tariffs and taxes fell while spending on the military, aid to farmers and interest on public debt rose sharply. This is the largest October deficit in US history.

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E-books and JPK for small firms: Finance Ministry refuses delay
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E-books and JPK for small firms: Finance Ministry refuses delay

The Ministry of Finance confirmed that entrepreneurs using the tax scale or linear PIT must keep electronic books and send them to the tax office in JPK format. The ministry abandoned its planned exception for VAT-exempt firms — no deadline extension will be granted.

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How to check the legal status of a second-hand apartment before buying
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How to check the legal status of a second-hand apartment before buying

Before buying a second-hand apartment, check the land and mortgage register — freely available on the Justice Ministry website. Section II reveals owners (consent of all co-owners and spouses is important), section III shows third-party rights and bailiff enforcement actions, and section IV shows mortgages. An entry in the register means a complex, unresolved application to change a record, which creates additional risk. The register does not show persons registered at the address or arrears to the housing association.

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JD.com acquires Ceconomy: MediaMarkt and Saturn now Chinese-owned
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JD.com acquires Ceconomy: MediaMarkt and Saturn now Chinese-owned

Chinese group JD.com officially completed on Thursday, 12 November, its acquisition of German Ceconomy — owner of MediaMarkt and Saturn retail chains — for 2.5 billion euro. It is one of Europe's largest electronics retail networks. JD.com announces changes and aims for the position of the continent's largest electronics retailer.

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Allegro and InPost sign strategic agreement worth 8 billion zloty through 2031
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Allegro and InPost sign strategic agreement worth 8 billion zloty through 2031

Allegro and InPost have signed a multi-year strategic agreement valued at 8 billion zloty, valid through the end of 2031. The contract resolves previous disputes between the companies and sets the framework for cooperation in Polish e-commerce. Both firms secure operational stability for the coming years.

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IKEA opens store in Białystok: dozens-of-meters-long queues
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IKEA opens store in Białystok: dozens-of-meters-long queues

On Thursday, November 12, the first IKEA in the Podlaskie region opened in Białystok. Residents had waited years for the opening — dozens-of-meters-long queues formed at the store's checkouts. It is one of only two such stores in Poland.

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Jensen Huang steps down as NVIDIA CEO after 33 years, stock falls
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Jensen Huang steps down as NVIDIA CEO after 33 years, stock falls

Jensen Huang has resigned as NVIDIA's chief executive officer after 33 years leading the company. The CEO role has been temporarily assumed by chief financial officer Colette Kress, who will serve until a new leader is chosen. News of Huang's departure led to a marked decline in the company's stock price.

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Allegro hits 5-year high as shares surge 5% on Q3 results
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Allegro hits 5-year high as shares surge 5% on Q3 results

Allegro beat market expectations with Q3 results, with shares on the Warsaw Stock Exchange rising about 5% to their highest level in five years. The group's adjusted EBITDA came in at 1.13 billion zlotys versus analysts' forecast of 1.08 billion zlotys. The strong market reaction confirms a continued rally in Poland's largest e-commerce platform.

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Dollar hits 19-month high on expectations of Fed rate increases
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Dollar hits 19-month high on expectations of Fed rate increases

The US dollar reached its highest level in 19 months, driven by growing market expectations for further interest rate increases by the Federal Reserve. The Japanese yen has also drawn attention, with its exchange rate approaching the psychological threshold of 160 yen per dollar, raising the risk of intervention by Japanese authorities. Markets are pricing in a shift in Fed policy that may set a new direction for global currency markets.

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Paraguay returns deposits to clients of failed Ueno Bank
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Paraguay returns deposits to clients of failed Ueno Bank

Paraguay's Central Bank said it has partially returned deposits to all eligible clients of Ueno Bank, which collapsed last week. The crisis sparked mass protests and led to the impeachment and arrest of former president Santiago Peña, accused of directing state funds to the bank. The case has shaken the country's political and financial landscape.

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Falling oil prices no longer ease US Treasury bond yields
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Falling oil prices no longer ease US Treasury bond yields

The relationship between oil prices and US Treasury bond yields has stopped working as before. Analysts say this signals that inflation concerns extend beyond the energy shock alone and have broader sources. The bond market remains under pressure despite cheaper oil.

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Moody's cuts France's 2026 growth forecast to 0.2 percent
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Moody's cuts France's 2026 growth forecast to 0.2 percent

Rating agency Moody's revised its forecast for French economic growth in 2026 to just 0.2 percent—below government and Bank of France estimates. France faces high public debt, political gridlock, and rising debt-service costs. The downgrade heightens concerns about one of the eurozone's largest economies.

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Micron and other AI stocks rise on CoreWeave results
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Micron and other AI stocks rise on CoreWeave results

CoreWeave reassured investors by demonstrating improved AI infrastructure economics and pledging discipline on future leverage. This sparked a broad rally in chip and artificial intelligence stocks, including Micron. The market had feared excessive leverage among companies building data centers for AI.

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Orlen terminates LNG supply contract with QatarEnergy
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Orlen terminates LNG supply contract with QatarEnergy

Orlen terminated one of its two long-term LNG supply agreements with QatarEnergy on November 10. The company cited persistent force majeure that resulted in failure to deliver the commodity. Orlen says its LNG demand is fully covered from other sources.

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