Category: Global
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In global game of influence, China turns to a cheap and effective tool: fake news
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Breadcrumb links PMN BMN Business Article writer: Associated Press Didi Tang and David Klepper Posted on September 28, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – Visitors pass the Chinese Communist Party flag…
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RugbyPass scores major double win at the 2024 Global Search Awards
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At the 2024 Global Search Awards, rugby news platform, RugbyPass, was named the winner of two hotly contested and highly coveted awards – ‘Best Use of Content Marketing’ and ‘Best Use of PR’. RugbyPass, together with its partner digital agency, Another conceptwere honored in these categories for their work in…
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UN Pact of the Future will reboot a limping global climate agenda
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The just-concluded UN summit listed climate change as a key area requiring special attention. Indeed, the UN needs to reboot participatory leadership on global climate and the focus clearly lost in the wake of the energy crisis caused by the Russian invasion of Ukraine in February 2022. Specifically, the UN…
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China stimulus pushes global shares to new peak, boosts commodities By Reuters
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By Sruthi Shankar and Ankur Banerjee LONDON/SINGAPORE (Reuters) – Global stocks hit record highs on Tuesday after China unveiled stimulus measures to support its economy and equity markets, sending Asian and European shares higher and leading to a rebound in commodity prices. People’s Bank of China Governor Pan Gongsheng announced…
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China stimulus pushes global shares to new peak, boosts commodities By Reuters
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By Sruthi Shankar and Ankur Banerjee LONDON/SINGAPORE (Reuters) – Global stocks hit record highs on Tuesday after China unveiled stimulus measures to support its economy and equity markets, sending Asian and European shares higher and leading to a rebound in commodity prices. People’s Bank of China Governor Pan Gongsheng announced…
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JCB boosts profits despite global market downturn
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JCB, the British heavy machinery manufacturer based in Staffordshire, has reported a significant rise in profits despite a global slowdown in the machinery sector. The company reported a 44% increase in pre-tax profits, to £806m last year, up from £558m in 2022. Revenues also saw an impressive 14% rise, to…
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Newsquawk Week Ahead: Highlights include US PCE, Global PMIs, RBA, SNB, and Australian CPI
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Mon: Market Holiday: Japan (Autumnal Equinox); EZ, UK & US Flash PMIs (Sep), US National Activity Index (Aug) Tue: RBA Policy Announcement; German Ifo (Sep), US Consumer Confidence (Sep), Richmond Fed (Sep) Wed: Riksbank & CNB Policy Announcements; Australian CPI (Aug), US Building Permits Revision (Aug), New Home Sales (Aug),…
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REJO Solidifies Its Global Footprint with a Prominent Presence at InterTabac 2024
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This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on September 21, 2024 •…
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Global investors brace for turmoil as big Fed cut sows confusion By Reuters
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By Naomi Rovnick and Yoruk Bahceli LONDON (Reuters) – Major global investors are on alert for sharp market volatility after a big U.S. interest rate cut sparked confusion over whether the market-dominating global economy will boom or slump, clouding the outlook for stocks, bonds and currencies around the world. Global…
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UBS says gold is its “Most Preferred” in its global asset allocation
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UBS analysts reiterated their bullish outlook for gold, citing its value as a hedge against macroeconomic and geopolitical uncertainty: Maintains a price target of $2,700 per ounce by mid-2025 Briefly from the UBS report: Gold is expected to rise 23% in 2024, reaching an all-time high, due to lower US…
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Global SMEs show resilience and optimism as Alibaba.com sees near 70% rise in super September orders
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Global small and medium-sized businesses (SMBs) are increasingly optimistic about their future prospects, according to the new Global SMB Confidence Index from Alibaba.com, the leading B2B e-commerce platform. The study, conducted with SME decision-makers in France, Germany, the UK and the US, highlights a strong sense of resilience as SMEs…
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BCA Research predicts US dollar rebound amid global trade worries By Investing.com
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BCA Research provides insights into expected monetary policy actions by central banks in China and the United States. The research firm expects Chinese authorities to cut interest rates on existing mortgage loans, while the Federal Reserve is expected to begin a monetary easing cycle. According to BCA Research, a 100…
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Citi forecasts further US dollar decline amid global slowdown By Investing.com
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Citigroup has expressed a view that the US dollar is likely to weaken further in the near term, although it maintains a bullish stance on the currency for the next month or two. The brokerage stressed that this outlook is not in favour of a broad-based strengthening of the dollar…
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Citi forecasts further US dollar decline amid global slowdown By Investing.com
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Citigroup has expressed a view that the US dollar is likely to weaken further in the near term, although it maintains a bullish stance on the currency for the next month or two. The brokerage stressed that this outlook is not in favour of a broad-based strengthening of the dollar…
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Global data centers to raise CO2 emissions dramatically
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Morgan Stanley looks at the cumulative global carbon footprint through 2030, and sees this creating a huge market for decarbonization solutions as many large cloud computing companies look to achieve carbon neutrality goals. The US bank said in a note dated September 2 that the construction of global data centers…
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US regulator approves BlackRock’s $12.5 billion deal for Global Infrastructure Partners By Reuters
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(Reuters) – The U.S. Federal Energy Regulatory Commission on Friday approved BlackRock Inc.’s $12.5 billion deal to buy Global Infrastructure Partners. Under the deal announced earlier this year, BlackRock said it would pay $3 billion in cash and about 12 million BlackRock shares to acquire the asset management giant. BlackRock…
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Global Domination: Cardano (ADA) Whales Swim To Crypto’s Fastest Growing Meme Coin After Another Week of 12% Losses
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Cardano (ADA), once hailed as a potential game-changer in the blockchain space, is facing significant challenges despite its recent technical upgrades. The latest Chang-Upgrade, designed to push Cardano (ADA) toward decentralization, has been successfully implemented. However, the market reaction has been less enthusiastic, with ADA suffering another 12% drop over…
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Global Market Weekly Recap: August 26 – 30, 2024
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Major assets were all over the place this week as traders tried to balance a massive load of news and data, and based on the results, it appears they put a little more weight on individual asset catalysts over overall market sentiment drivers. Middle East tensions and Libyan supply concerns…
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Soneium integrates Transak to accelerate global onboarding
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Transak, a Web3 payments company, is partnering with Soneium to bring more mainstream users to its recently launched blockchain network. According to a press release shared with crypto.news, Transak will help Soneium integrate key users who want to leverage the Ethereum (ETH) layer 2 platform’s web3 infrastructure and services. Transak,…