Category: Growth
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Hong Kong policy address seen pivoting from security to economic growth By Reuters
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Written by James Pomfret HONG KONG (Reuters) – Hong Kong is expected to announce measures to boost the city’s economy in its annual policy speech on Wednesday, including cutting tariffs on alcohol, as it seeks to revive the financial hub that has struggled to recover since the pandemic. Hong Kong’s…
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Solana Price Holds Above $145 – Why Investors Are Bullish About SOL’s Growth
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The cryptocurrency market has been quiet for most of last week, with many large-cap assets including Bitcoin (BTC) and Ethereum (ETH) struggling to make any mark. Solana was also among the top cryptocurrencies that failed to impress over the past seven-day period.However, the cryptocurrency market received a jolt on Friday,…
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Factbox-China unveils fiscal stimulus measures to revive growth By Reuters
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BEIJING (Reuters) – China’s Finance Ministry on Saturday unveiled a fiscal stimulus package aimed at reviving the faltering economy and achieving the growth target set by the government, but did not reveal the size of the new measures. The ministry said in a press conference that it would “significantly” increase…
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Penns Woods stock hits 52-week high at $24.76 amid growth By Investing.com
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In a significant rise, Penns Woods Bancorp, Inc. stock reached… (PWOD) hit a 52-week high of $24.76. This peak reflects a significant uptrend for the regional banking holding company, which has seen its shares rise a staggering 17.22% over the past year. Investors have shown increased confidence in Penns Woods,…
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UK economy returns to 0.2% growth in August after months of stagnation
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The UK economy returned to growth in August, expanding by 0.2% after two months of recession, according to official figures from the Office for National Statistics (ONS). This growth was in line with economists’ expectations, after 0% growth recorded in June and July. The economy also grew by 0.2% over…
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Bitcoin Set For Explosive Growth As BTC Enters Early Stages Of Mega Bull
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Despite the recent volatility in the cryptocurrency market in general, Bitcointhe major digital asset is showing signs of an imminent significant rally, possibly to a new peak, indicating a potential positive shift in price action to the upside. A massive Bitcoin race is beginning to unfold Bitcoin is said to…
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BoI leaves rate unchanged, again cuts growth forecast
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The Monetary Committee of the Bank of Israel announced that it kept the interest rate unchanged at 4.5%. This is the sixth time in a row that the Bank of Israel has left the interest rate unchanged, after reducing it from 4.75% in January. The Bank of Israel expects the…
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PepsiCo outlines growth strategies amid market challenges By Investing.com
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In the Q3 2024 earnings call, PepsiCo (ticker: NASDAQ:) executives discussed the company’s performance and future strategies. Despite facing consumer behavior changes and geopolitical concerns, PepsiCo is optimistic about long-term growth, particularly in the Frito-Lay segment and international markets. The company is focusing on enhancing core products, investing in promotional…
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The Bitcoin Report: Parabolic Growth Predicted for Q4 2024
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As we enter the fourth quarter, a period historically known for Bitcoin’s strong performance, the latest release of… Bitcoin report From Bitcoin Magazine Pro provides key insights into Bitcoin’s evolving market dynamics. Through a combination of quantitative on-chain data, technical analysis, and macroeconomic perspectives, this report provides a comprehensive look…
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The Bitcoin Report: Parabolic Growth Predicted for Q4 2024
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As we enter the fourth quarter, a period historically known for Bitcoin’s strong performance, the latest release of… Bitcoin report From Bitcoin Magazine Pro provides key insights into Bitcoin’s evolving market dynamics. Through a combination of quantitative on-chain data, technical analysis, and macroeconomic perspectives, this report provides a comprehensive look…
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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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Analysis-Dollar bears eye shifts in global yields, growth to play further weakness By Reuters
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Written by Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders gauging how to play with further declines in the U.S. dollar are looking to the relative strength of economies around the world, as interest rate shifts from global central banks rattle currency markets. The index fell 4.8% against a basket…
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U.S. ADP Non-Farm Employment Surpassed Estimates But Pay Growth Slowed
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The US Nonfarm Payrolls Change report came in slightly better than expected with 143K in employment gains versus 126K for September. This was also higher than the net job gain of 103,000 jobs in the previous month. This was the first better-than-expected reading in the past five months, as the…
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U.S. ADP Non-Farm Employment Surpassed Estimates But Pay Growth Slowed
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The US Nonfarm Payrolls Change report came in slightly better than expected with 143K in employment gains versus 126K for September. This was also higher than the net job gain of 103,000 jobs in the previous month. This was the first better-than-expected reading in the past five months, as the…
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Clorox stock upgraded by Jefferies as topline growth improves By Investing.com
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On Tuesday, Jefferies upgraded Clorox (NYSE:) stock to buy from hold, setting a new price target of $187, up from the previous price of $174. The company highlighted the positive outlook for the company’s future performance, anticipating a return to historical levels of growth and profitability. Clorox, known for its…
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Revised 2023 UK economic growth figures show significant improvement, but challenges remain
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The UK economy expanded at a much faster rate than originally expected in 2023, according to revised data from the Office for National Statistics (ONS). Updated figures show the economy grew by 0.3% last year, three times the previously reported growth of 0.1%. This upward adjustment comes after collecting more…
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European stocks fall after UK growth revision; mixed Asian markets in focus By Investing.com
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Investing.com – European stock markets fell on Monday, the last day of September, as investors digested a series of domestic economic releases as well as the mixed performance of major Asian indices. At 03:05 ET (07:05 GMT), Germany’s stock index fell 0.3%, France’s index fell 0.5%, and the UK’s index…
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Saba Capital Management buys BlackRock innovation & growth shares worth $892k By Investing.com
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Saba Capital Management, LP, a major shareholder in BlackRock (NYSE:) Innovation & Growth Term Trust (NYSE:BIGZ), recently increased its stake in the company by purchasing shares for an approximate value of $892,781. The transaction occurred on September 23, 2024, and involved the acquisition of 118,879 shares at a price of…