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Apple reaches record $3 trillion market valuation

Apple has become the first company to reach a market valuation of over $3 trillion. The company's share price has soared during the pandemic, thanks to increased demand for its products and services. Apple was the also the first firm to reach a $1 trillion valuation in 2018, and it now leads an elite club of companies with market capitalisations of over a trillion dollars. Our Business Editor Stephen Carroll looks at what the milestone means for the technology giant.

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Eurozone inflation hits record 8.9% despite better-than-expected growth

Inflation in the European countries using the euro currency shot up to another record in July, pushed by higher energy prices fueled by Russia's war in Ukraine, but the economy still managed better-than-expected, if meager, growth in the second quarter.

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European Central Bank hikes interest rates in race to tame runaway inflation

The European Central Bank raised interest rates by more than expected on Thursday as concerns about runaway inflation trumped growth considerations, even while the euro zone economy reels from the impact of Russia's war in Ukraine.

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Pandemic, slow recovery set back gender parity ‘by a generation’

The pandemic and a weak economic recovery have pushed back progress on closing the gender gap around the world. Saadia Zahidi, Managing Director of the World Economic Forum, says that issues including family care policies, an increasingly digital economy, and ongoing struggles in certain industries have all been setbacks for women. The WEF Global Gender Gap Report 2022 now projects it will take 132 years to reach gender parity.

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