Category: News
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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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China’s briefing on stimulus gets lukewarm investor reception
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SINGAPORE (Reuters) – China said on Saturday it would significantly increase government debt issuance to provide support to low-income people, support the property market and replenish state banks’ capital as part of its efforts to revive faltering economic growth. Finance Minister Lan Fuan told a news conference that there would…
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Percentage of women running Fortune 500 companies holds at 10.4%
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Good morning, Broadsheet readers! Hala Tomasdottir He’ll become Iceland’s next president, Outdoor Voices will have a new owner, and 10% of this year’s Fortune 500 companies are run by women — again. Have a thoughtful Tuesday! -It’s still 10%. 2024 edition of Fortune 500 —luckOur groundbreaking ranking of the largest…
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Percentage of women running Fortune 500 companies holds at 10.4%
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Good morning, Broadsheet readers! Hala Tomasdottir He’ll become Iceland’s next president, Outdoor Voices will have a new owner, and 10% of this year’s Fortune 500 companies are run by women — again. Have a thoughtful Tuesday! -It’s still 10%. 2024 edition of Fortune 500 —luckOur groundbreaking ranking of the largest…
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Researchers push for more acreage under sugar beet
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Researchers seek to increase production of sugar beets, a type of root vegetable, to supplement Kenya’s high demand for sugar and sweeteners. In Kenya, demand for sugar exceeds supply, forcing the country to import, yet researchers say sweeteners can be extracted from sugar beets, similar to countries like the UK,…
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Why Is Generative AI No Longer a Luxury but a Necessity for Modern Businesses?
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Artificial intelligence (AI) is commonly mentioned these days, as it is rapidly moving from a cutting-edge luxury to an indispensable necessity. Among the various branches of AI, generative AI has emerged as a game-changer, revolutionizing how companies operate, innovate and compete. However, not every company knows how to implement it…
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TikTok was aware of risks kids and teens face on its platform, legal document alleges
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Breadcrumb links PMN BMN Business Article writer: Associated Press Hallelujah Hadero Posted on October 11, 2024 • Last updated 6 minutes ago • 5 minute read You can save this article by registering for free here. Or log in if you have an account. FILE – The icon of the…
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TikTok was aware of risks kids and teens face on its platform, legal document alleges
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Breadcrumb links PMN BMN Business Article writer: Associated Press Hallelujah Hadero Posted on October 11, 2024 • Last updated 6 minutes ago • 5 minute read You can save this article by registering for free here. Or log in if you have an account. FILE – The icon of the…
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Israel’s fiscal deficit widens for 18th consecutive month
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Israel’s fiscal deficit has risen again for the 18th consecutive month, after reaching zero in March 2023. The deficit in the 12 months to the end of September this year reached 8.5% of GDP, or NIS 165.8 billion, the accountant said. General of the Ministry of Finance, Yali Rotenberg. I…
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Forexlive Americas FX news wrap: Canadian jobs beat but CAD down for eighth day
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Markets: Gold rose $26 to $2,655 The yield on US 10-year bonds fell by one basis point to 4.08%. West Texas Intermediate crude fell 30 cents to $75.56 The New Zealand dollar advances, and the Japanese yen lags The S&P 500 rose 0.7%, reaching a new record high Friday has…
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Trump ratchets up rhetoric, calls for death penalty for migrants who kill Americans By Reuters
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Written by Ted Hesson, Nathan Frandino, and Christina Cook AURORA, Colorado (Reuters) – Donald Trump portrayed immigrants as dangerous criminals during a rally in Aurora, Colorado, on Friday and called for the death penalty for immigrants who kill American citizens, as he steps up the anti-immigration rhetoric that has fueled…
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Trump ratchets up rhetoric, calls for death penalty for migrants who kill Americans By Reuters
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Written by Ted Hesson, Nathan Frandino, and Christina Cook AURORA, Colorado (Reuters) – Donald Trump portrayed immigrants as dangerous criminals during a rally in Aurora, Colorado, on Friday and called for the death penalty for immigrants who kill American citizens, as he steps up the anti-immigration rhetoric that has fueled…
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Five Reasons to be Bullish on SoFi Technologies (SOFI) Stock on the Dip
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SoFi Technologies (SOFI) has positioned itself as one of the most exciting fintech companies, offering a wide range of services and products that many traditional banks struggle to match. While the stock is down about 10% this year, I believe this decline is largely due to short-term investors being preoccupied…
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Raphael Tuju suffers blow as Supreme Court paves the way for hotel auction
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Former Cabinet Minister Raphael Tuju has been dealt a blow after the High Court paved the way for a regional lender to auction off its prime Karen properties, over a Sh4.5 billion debt arising from a failed loan deal. A five-judge panel of the High Court recused themselves from the…
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Monese acquired by Pockit as HSBC writes off its investment
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FinTech Monese has been bailed out by Cardiff-based digital banking provider Pockit after HSBC became the latest investor to write off its investment in the struggling London company. The takeover comes after Monese failed to raise new funds and pre-tax losses of £30.5m in 2022, despite revenues rising to £27.7m.…
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Greenridge Exploration Enters into Binding Arrangement Agreement to Acquire ALX Resources Corp.
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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 Oct 11, 2024 • 12 minute…
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Oracle shelves plans to build data center in Israel
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The American technology giant Oracle (NYSE: ORCL) was one of the first companies to rent a powerful underground data center in Israel to provide its clients – banks, health funds and defense forces, with artificial intelligence processing, data management and information storage services. Even before Microsoft, Amazon and Google built…
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Oracle shelves plans to build data center in Israel
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The American technology giant Oracle (NYSE: ORCL) was one of the first companies to rent a powerful underground data center in Israel to provide its clients – banks, health funds and defense forces, with artificial intelligence processing, data management and information storage services. Even before Microsoft, Amazon and Google built…
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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,…