Category: News
-
Lufthansa Group to resume Israel flights on February 1
•
After suspending its flights to Israel last summer, the Lufthansa Group announced that it will resume its flights to Tel Aviv on February 1. The world’s largest airline includes Swiss Air, Austrian Airlines, Brussels Airlines, Eurowings and Lufthansa itself. Lufthansa joins several major airlines that have announced their return to…
-
US Bond ‘Death Spiral’ Risk Brushed Aside by Foreign Funds
•
(Bloomberg) — Whether you’re talking to Europe’s biggest CFO, Australia’s giant pension funds, or a cash-rich insurance company in Japan, there’s a resounding message you’ll hear when it comes to U.S. Treasuries: They’re still hard to come by. Defeated. Most read from Bloomberg Four months after new Vice President J.D.…
-
Dyson ditches £100m Bristol hub, consolidating all R&D in Wiltshire
•
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…
-
K92 Mining Announces Management Changes to Strengthen Leadership Team
•
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Jan 16, 2025 • 9 minute…
-
Nvidia deepens commitment to Israel
•
Nvidia’s announcement yesterday that it is building one of Israel’s largest data centers at Mevo Carmel near Haifa with an investment of more than $500 million, which will also include its new laboratories, is the latest example of the American chip company’s deep commitment to the country. The facility will…
-
Wall Street Has Best CPI Day Since at Least 2023: Markets Wrap
•
(Bloomberg) — Wall Street breathed a sigh of relief after a sudden slowdown in inflation sent stocks higher and bond yields lower, boosting bets that the Federal Reserve is on track to continue cutting interest rates this year. Most read from Bloomberg Stocks erased their losses for 2025, with the…
-
Seed capital fund opens for third year to boost the UK’s colouration industry
•
A nationwide seed funding program for innovators in the color and dyeing sector has been launched for the third year in a row, offering up to £25,000 of equity investment per project. The initiative, organized by The Dyers, invites entrepreneurs working in fields ranging from color chemistry and food technology…
-
Unexpectedly low December CPI reading cuts 2024 inflation
•
The Israeli CPI fell 0.3% in December, more than expected with analysts expecting a 0.1% decline, after the CPI rose 0.5% in October. In the twelve months of 2024, the inflation rate fell to 3.2%, from 3.4% at the end of November, according to figures released by the Central Statistics…
-
Can These Artificial Intelligence (AI) Stocks Maintain Their Meteoric Growth Trajectory?
•
The broader US stock market has enjoyed a remarkable run since the emergence of artificial intelligence as a game-changer in early 2023. Standard & Poor’s 500 It has risen by more than 50% over the past two years. However, some AI stocks made these gains look like child’s play. Since…
-
Stormy skies dampen festive cheer for Mitchells & Butlers
•
Mitchells & Butlers (M&B), the FTSE 250 pub and restaurant operator behind chains including All Bar One, Harvester and Toby Carvery, reported strong like-for-like sales growth over Christmas, offset by a weaker performance in early 2025 due to poor… weather. . The company enjoyed a 10.4 per cent year-on-year increase…
-
Treasuries ‘Death Spiral’ Risk Is Brushed Aside by Foreign Funds
•
Breadcrumb links BMN Business Whether you’re talking to Europe’s biggest CFO, Australia’s giant pension funds, or a cash-rich insurance company in Japan, there’s a resounding message you’ll hear when it comes to US Treasuries: they’re still hard to beat. Article writer: Bloomberg News Ruth Carson and Alice Gledhill Posted on…
-
Jared Kushner becomes biggest shareholder in Phoenix
•
Updated 19.00 The Financial Market, Insurance and Savings Authority has approved the sale of shares in Phoenix Financial Ltd (TASE:PHOE) to the convergence fund of Jared Kushner, son-in-law of US President-elect Donald Trump. The approval was issued on the last day before the expiration of the option to exercise 4.95%…
-
Dow jumps 700 points, Nasdaq soars 2.5% after cool CPI reading
•
US stocks rose on Wednesday as high hopes for bank earnings paid off and an important update on consumer inflation showed that headline prices rose less than expected in December. The S&P 500 (^GSPC) rose more than 1.8%, while the Dow Jones Industrial Average (^DJI) rose more than 1.6%, or…
-
Reeves leaves door open for March emergency budget
•
Chancellor Rachel Reeves has refused to rule out the possibility of setting a full budget in March, sparking speculation about possible tax rises or spending cuts. When Reeves was pressed in Parliament, she instead reiterated her commitment to borrowing rules set out in October, which include balancing day-to-day spending with…
-
Currency Exchange International to Report its 2024 Fourth Quarter and Fiscal Year End Results on January 22, 2025, and Host Earnings Conference Call on January 23, 2025 at 8:30 AM EST
•
Article content TORONTO, January 15, 2025 (GLOBE NEWSWIRE) — currencyexchangeinternational,a company(the“a company”)(TSX: CXI;Otcp: Cairn)will announce its financial results for the fourth quarter and the end of the fiscal year 2024 (ending October 31, 2024) after the market close on Wednesday, January 22, 2025. After the release, Currency Exchange International Corp.…
-
Israel and Hamas reach hostage-ceasefire agreement
•
A senior Israeli source familiar with the details of the negotiations confirmed that Israel and Hamas had reached a ceasefire agreement for the hostages. A senior Israeli source familiar with the details of the negotiations confirmed that Israel and Hamas had reached a ceasefire agreement for the hostages. The source…
-
Core CPI rises less than forecast as inflation pressures ease slightly in December
•
new Data A report released by the Bureau of Labor Statistics on Wednesday showed that the main measure of inflation fell for the first time since July. On a “core” basis, which excludes the more volatile costs of food and gas, the CPI for December rose 0.2% from the previous…
-
West coast main line faces decade-long closures in multi-billion-pound overhaul
•
Britain’s busiest railway line, the West Coast Main Line, is set to undergo a once-in-a-generation upgrade, causing major disruption for up to a decade. Network Rail plans to replace more than 150 miles of aging overhead wire – originally installed in the 1970s – alongside extensive refurbishments of signals and…
-
Israel’s bullish markets see hostage deal as just the start
•
In recent days, the financial markets in Israel have behaved as if they know something that we do not know. As rumors of a ceasefire grow, the shekel grows stronger, and stock market gains point to hopes far beyond an end to the fighting in Gaza. Market sources are optimistic…
-
What’s a Realistic Retirement Budget? I’m 48 With $430k Saved, Making $95,000 Annually
•
SmartAsset and Yahoo Finance LLC may earn commission or revenue through links in the content below. When it comes to estimating your retirement income, a common rule of thumb is that you’ll typically need about 80% of your work income to maintain the same standard of living. This comes from…