Category: Concerns
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Consumer confidence dips ahead of Labour’s first Budget as concerns over tax rises grow
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UK consumer confidence fell in October, as pessimism about the upcoming Budget outweighed optimism caused by lower inflation, according to the latest GfK Consumer Confidence Index. The index fell by one point to -21, recording its lowest reading since March, and highlighting the challenges the Labor government faces in boosting…
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Shekel weakens sharply on Iran escalation concerns
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Perico: There is no change in our assessment, as the possibility of the shekel’s value rising is still limited, and the dollar may once again test the level of 3.8 shekels to the dollar. The shekel is weakening sharply today against the US dollar and the euro. This afternoon, the…
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Capital Gains Tax concerns loom over UK tech sector ahead of Autumn Budget
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The UK tech industry is on edge as speculation grows about potential changes to capital gains tax (CGT) in the upcoming Autumn Budget. Leading audit and advisory firm Blick Rothenberg has expressed concerns that such changes could have a detrimental impact on the fintech ecosystem, a key driver of the…
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eBay to ban private e-bike sales over fire safety concerns
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eBay is set to ban the sale of e-bikes and their batteries by individuals in the UK from October 31, citing growing concerns about battery fires. As of this date, only “qualified business sellers” will be allowed to list these items, though the company has not yet clarified the exact…
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GM seeks to ease investor concerns as EV growth slows By Reuters
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Written by Nora Eckert DETROIT (Reuters) – General Motors (NYSE:) will seek to allay shareholder concerns on Tuesday that declining demand for electric vehicles and an expected peak in demand for gasoline-powered trucks will create a tough road ahead for the automaker. CEO Mary Barra and her executive team will…
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Uber, Lyft drivers use Teslas as makeshift robotaxis, raising safety concerns By Reuters
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Written by Akash Sriram and Abhiroob Roy (Reuters) – A Tesla (NASDAQ:) self-driving car carrying a passenger from Uber (NYSE:) collided with an SUV at an intersection on the outskirts of Las Vegas in April, an accident that raised new concerns that there is a growing instability from the companies.…
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Surge in voluntary liquidations sparks abuse of process concerns
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The sharp increase in creditor voluntary liquidations has raised concerns about the potential for abuse of the process, which allows companies to get rid of their debts with minimal scrutiny. CVLs, where a company’s shareholders agree to wind up a business due to insolvency, have reached record levels, making them…
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Ripple Co-Founder Transfers 20 Million XRP, Sparking Selloff Fears And Wallet Hack Concerns
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XRP wallet Another notable transaction from one of the largest XRP holders, likely Chris Larsen, appears to be in preparation for a sell. The transaction, which occurred within the last 48 hours, led to a series of subsequent transfers over the past 24 hours, which were eventually linked to cryptocurrency…
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Ripple Co-Founder Transfers 20 Million XRP, Sparking Selloff Fears And Wallet Hack Concerns
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XRP wallet Another notable transaction from one of the largest XRP holders, likely Chris Larsen, appears to be in preparation for a sell. The transaction, which occurred within the last 48 hours, led to a series of subsequent transfers over the past 24 hours, which were eventually linked to cryptocurrency…
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Impact on Village, Accountability Issues, and Environmental Concerns
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The picturesque village of Bramley in Surrey has become a sad example of a modern disease afflicting Britain: the disappearance of accountability. A mysterious foul odor that started in a pub basement has escalated into a full-blown environmental and bureaucratic disaster, with petrol seeping into the ground and the local…
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Nvidia sell-off, growth concerns hit markets By Reuters
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By Tom Wilson LONDON (Reuters) – Stocks fell globally on Wednesday, dragged down by a record sell-off in U.S. chipmaker Nvidia Corp (NASDAQ:NVIDIA) and as expectations of fading global growth hit riskier assets, sending oil prices to multi-month lows and supporting bonds. European stocks fell 1%, with major markets in…
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Nvidia sell-off, growth concerns hit markets By Reuters
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By Tom Wilson LONDON (Reuters) – Stocks fell globally on Wednesday, dragged down by a record sell-off in U.S. chipmaker Nvidia Corp (NASDAQ:NVIDIA) and as expectations of fading global growth hit riskier assets, sending oil prices to multi-month lows and supporting bonds. European stocks fell 1%, with major markets in…
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Crude oil turns higher on supply concerns from Libya, Iraq (NYSEARCA:USO)
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SlavkoSereda/iStock via Getty Images Crude oil futures rose on Thursday, rebounding from two days of declines, as supply disruptions in Libya and plans to cut production in Iraq raised concerns about tightening global supplies. More than half of Libya’s oil production is out of service, Exports have been halted at…
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job security concerns keep 71% of professionals from moving roles, finds new research
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A large majority of UK professionals are increasingly reluctant to change jobs, with 71% saying they are hesitant because of concerns about job security, according to a recent survey by global recruitment firm Robert Walters. This trend, which the company calls “the great staycation,” suggests that many workers are prioritizing…
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Ethereum Foundation Calms Bearish Concerns, Explain Reason For $94 Million “Selloff”
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A member of the Ethereum Foundation recently addressed investor concerns following the nonprofit’s massive ETH transfer on Friday. This development is particularly significant as the transaction has sparked bearish talk in the crypto community, particularly due to EF’s association with the Ethereum network. $94 Million ETH Transfer Is Not a…
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Ethereum Foundation Calms Bearish Concerns, Explain Reason For $94 Million “Selloff”
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A member of the Ethereum Foundation recently addressed investor concerns following the nonprofit’s massive ETH transfer on Friday. This development is particularly significant as the transaction has sparked bearish talk in the crypto community, particularly due to EF’s association with the Ethereum network. $94 Million ETH Transfer Is Not a…
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BOJ Governor Ueda says concerns over US economy slowdown behind recent market rout
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Harland & Wolff bailout sparks concerns over future of Royal Navy warships
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The future of Harland & Wolff’s historic shipyard is in jeopardy after a $25 million emergency bailout, raising concerns that Royal Navy ships could soon be built overseas. The Belfast-based company, best known for building the Titanic, has scrapped plans to restart ferry services between Cornwall and the Isles of…