Category: Ditches
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Dyson ditches £100m Bristol hub, consolidating all R&D in Wiltshire
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Dyson has postponed plans for a £100m technology and research center in Bristol, choosing instead to consolidate its south-west operations into its main campus in Malmesbury in Wiltshire. The move will see 180 staff – previously assigned to Bristol’s George Square 1 – move to the company’s main site, which…
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JPMorgan ditches China buy recommendation due to ‘Tariff War 2.0’
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JPMorgan Chase & Co. dropped its buy recommendation on Chinese stocks, citing heightened volatility around the upcoming U.S. election as well as growth headwinds and tepid political support. China’s rating was downgraded to neutral from “overweight” in the bank’s emerging market allocation, strategists led by Pedro Martins wrote in a…
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Pierre Andurand ditches oil in favor of copper and cocoa
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Pierre Andurand Famed oil trader Pierre Andurand is out of the oil market, at least for now. His main fund lost about 50% last year on bad bets on crude oil, and he is nervous about the sector and now has a “mixed” outlook. “We will re-engage in oil markets…
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McDonald’s Ditches AI Drive-Thru Voice Technology. What Could This Mean for SoundHound AI Stock?
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McDonald’s (NYSE: MCD) She recently announced that she would be stepping down Artificial Intelligence (AI)-Voice dialing technology supported by Universal business machines (NYSE: IBM). Instead, the fast food giant will look to replace the technology with an alternative solution by the end of the year. Let’s take a closer look…