Category: News
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US Financial 15 Split Corp. Preferred Dividend Declared
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Article content TORONTO, Oct. 18, 2024 (GLOBE NEWSWIRE) — US Financial 15 Split Corp. (“US Financial 15”) declares a monthly dividend of $0.05883 per preferred share, or 10.00% per annum based on the net asset value at the end of the previous month. Distributions are payable on November 8, 2024…
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Shekel gains strongly after Sinwar’s demise
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The shekel rose strongly this morning after the Israeli army confirmed last night that it had killed Hamas leader Yahya Sinwar. In interbank transactions, the shekel-dollar price decreased by 1.40%, reaching 3.71 shekels/dollar, and the shekel-euro price decreased by 1.77%, reaching 4.023 shekels/euro. The main question in the wake of…
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CVS to replace CEO Karen Lynch with long-time exec David Joyner
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CVS Health (CVS) on Friday named company veteran David Joyner as its new CEO, succeeding Karen Lynch, who resigned as head of the struggling healthcare giant after an agreement with the board. The company’s shares fell 11% to $57 in pre-market trading. Joyner, who is CVS Caremark’s chief pharmacy benefits…
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Learning to love nuclear power
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It’s been an encouraging week for nuclear energy fans. Amazon announced investments in three “Innovative nuclear energy projects“, along with Citadel’s Ken Griffin, which should deliver five gigawatts of carbon-free power over the next 15 years. Google announced a partnership with Kairos Power, which it described as ” The first…
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Red tape risks turning city into ‘graveyard’, warns Bank of England official
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Sam Woods, chief executive of the Bank of England’s Prudential Regulation Authority, warned that excessive regulation could turn the City of London into a “graveyard” by stifling innovation and risk-taking. Speaking at the city’s annual banquet at the Mansion House, Woods warned that although financial regulation is essential for stability,…
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Histadrut signals flexibility on austerity measures
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Finance Minister Bezalel Smotrich and Histadrut (General Confederation of Labor in Israel) head Arnon Bar-David met last week in an attempt to advance negotiations on austerity measures in 2025 that will affect workers. During the meeting, Smotrich tried to convince Bar-David of the seriousness of his intention to commit to…
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China’s GDP, Buyback Plans Fuel Asia Stock Gains: Markets Wrap
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(Bloomberg) — Asian stocks rose as investors digested better-than-expected Chinese economic data and details of an additional share buyback program from the Chinese central bank. Most read from Bloomberg Stocks in China and Hong Kong extended gains after the People’s Bank of China said it had established a re-lending mechanism…
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This billionaire says the market is very convinced Trump will be victorious next month
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Duquesne Family Office Founder and hedge fund manager Stanley Druckenmiller He said that if you put a gun to his head, his guess is that former President Donald Trump would defeat Vice President Kamala Harris in the election next month. “Thank God there’s no (gun) on my head, so it…
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This billionaire says the market is very convinced Trump will be victorious next month
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Duquesne Family Office Founder and hedge fund manager Stanley Druckenmiller He said that if you put a gun to his head, his guess is that former President Donald Trump would defeat Vice President Kamala Harris in the election next month. “Thank God there’s no (gun) on my head, so it…
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Senate upholds Deputy President Rigathi Gachagua impeachment
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Vice President Rigathi Gachagwa was impeached two years after he was sworn in. At least 53 out of 66 senators voted on Thursday night to uphold the charges brought against him by the National Assembly last week. About 282 members of Parliament supported the impeachment motion presented by Kibbutzi MP…
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Senate upholds Deputy President Rigathi Gachagua impeachment
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Vice President Rigathi Gachagwa was impeached two years after he was sworn in. At least 53 out of 66 senators voted on Thursday night to uphold the charges brought against him by the National Assembly last week. About 282 members of Parliament supported the impeachment motion presented by Kibbutzi MP…
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HMRC imposes £13.7 million in penalties following National Minimum Wage enforcement action
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HMRC has strengthened its enforcement of compliance with the National Minimum Wage (NMW), resulting in £13.7 million in fines being imposed on employers during the 2022/23 tax year. This enforcement push follows the Government’s increased focus on NMW breaches, supported by a doubling of HMRC’s enforcement budget to £27.8 million…
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Cyera buys Israeli cybersecurity co Trail Security
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Israeli cybersecurity company white Today it announced that it is acquiring an Israeli company Security traila startup in a similar field of database protection. Both are subsidiaries of Jelly Ranan’s Cyberstarts. Trail Security, which operated outside the media spotlight, was founded by graduates of the IDF Intelligence Unit’s Talpiot program.…
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Netflix earnings, subscriber growth top estimates as investors eye potential price hikes
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Netflix ( NFLX ) stock rose as much as 5% in after-hours trading on Thursday, as the streaming giant beat third-quarter EPS, revenue and projected sales estimates for the current quarter that came in ahead of Wall Street expectations. Revenue surpassed Bloomberg’s consensus estimate of $9.78 billion to reach $9.83…
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Teen smoking hits 25-year low, CDC reports
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Teen smoking hit an all-time low in the United States this year, part of a significant decline in youth tobacco use overall. The government stated Thursday. There was a 20% decrease in the estimated number of middle and high school students who recently used at least one tobacco product, including…
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Senate votes on whether to uphold or reject DP Gachagua impeachment
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to update: The Senate has ended debate on the motion to impeach Vice President Rigate Gachagwa. Senators will vote on each of the 11 charges against the hospitalized Vice President. If the Senate upholds the impeachment, at least two-thirds of the 67-member House of Representatives, or 45 senators, must vote…
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Tesco and Shell to power stores and EV stations with output from UK’s largest solar farm, originally meant for homes
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Tesco and Shell have struck a deal to buy the entire output from Cliff Hill Solar Farm, the UK’s largest solar project, which was initially planned to power 100,000 homes. The agreement stipulates that 65% of the farm’s electricity will go to Tesco’s supermarkets, while Shell will manage the remaining…