Category: News
-
Israel’s forex reserves again hit new record
•
Israel’s foreign exchange reserves at the end of September 2024 reached a record level of $220.377 billion, an increase of $2.992 billion from their level at the end of August, which was itself a new record high, the Bank of Israel reported. The level of reserves in relation to GDP…
-
Occidental Petroleum Corporatio (OXY) Stock Forecasts
•
summary Small investors seem to like what they see and have proven this by relying more heavily on call options versus put options. The CBOE’s five-day equity-only call/call (P/C) ratio fell to 0.51 at the end of September, the lowest reading since July 2023 when it fell to 0.48. That…
-
Gen X employees most overlooked in the workplace
•
Many employers say they have no preference, but a generation seems to be getting lost in the shuffle. While bosses think about new Gen Z employees and retiring boomers, Generation X is being overlooked, hurting their morale. Even though they make up a third of the U.S. workforce — more…
-
Fresh produce exporters hit as airlines withdraw freight services
•
Horticulturists and fresh produce exporters in Kenya are facing losses at the start of the peak season, after several international airlines withdrew their cargo services at the main Jomo Kenyatta International Airport, citing lower returns compared to other routes. The dire situation facing farmers and exporters has been exacerbated by…
-
American Express pledges £100,000 in grants to support small businesses through champion small initiative
•
American Express has announced a £100,000 pledge to support small businesses across the UK through the Champion Small initiative, a key part of the company’s Shop Small campaign this fall. Ten independent businesses will each receive a £10,000 grant, which can be used for various growth-related activities such as purchasing…
-
Siloam Hospitals Group and Philips sign AI capability MoU to support Indonesia’s healthcare transformation strategy
•
This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Published on October 7, 2024 • 3 minutes…
-
Average monthly wage in Israel up 5.3% in August
•
In August 2024, the average monthly wage in Israel reached NIS 13,138, an increase of 5.3% from August 2023, according to Central Bureau of Statistics reports. In August 2024, the average monthly wage in Israel reached NIS 13,138, an increase of 5.3% from August 2023, according to Central Bureau of…
-
UMC Reports Sales for September 2024 By Investing.com
•
TAIPEI, Taiwan–( BUSINESS WIRE )– United Microelectronics (NYSE: UMC, TWSE: 2303) (UMC) today announced unaudited net sales for September 2024. September 2024 revenue a period 2024 2023 Change year/year year/year (%) September 18,942,714 19,052,938 -110,224 -0.58% January-September. 171,916,474 167,574,722 4,341,752 2.59% () All figures are in thousands of New Taiwan…
-
ForexLive Asia-Pacific FX news wrap: USD/JPY above 149, then verbal intervention and drop
•
High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…
-
Asian shares climb after blockbuster US jobs report
•
Asian stocks rose on Monday after a surprise rally Strong US jobs report This led to increased optimism about the economy, which led to higher prices on Wall Street. US futures fell and oil prices also fell. Japan’s Nikkei 225 index rose 1.9% to 39,354.63 after the yen fell against…
-
Earnings season preview: S&P 500’s $8 trillion rally to be tested
•
Traders face a series of risks after the stock market’s hot start to the year, from economic concerns, to uncertainty about interest rates, to anxiety about the election. But perhaps the most important variable in whether stocks can continue to highlight returns this week: corporate earnings. The S&P 500 rose…
-
Treasury boss declines US envoy job amid Adani deals
•
Americans know him as the Deputy Chief of Mission at the Kenyan Embassy in Washington, DC. But Kenyans know him as the Director-General of Public-Private Partnerships (PPP) at the Treasury and the main explainer of the controversial deal in which Indian billionaire Gautam Adani wants to manage and develop the…
-
Santander calls for government focus on leadership, digital, and sustainability skills to future-proof UK economy
•
Santander Bank in the UK has urged the government to prioritize leadership, digital and sustainability skills in its new National Skills Plan to address the UK’s productivity crisis and prepare the workforce of the future. In a newly published report entitled Tomorrow’s Skills, Santander highlights three key societal shifts –…
-
Florida Menaced by Rapidly Strengthening Hurricane Milton
•
Breadcrumb links BMN Business Hurricane Milton threatens to become stronger, possibly reaching Category 4, and could trigger the largest evacuations in seven years as it targets Florida’s Gulf Coast and Tampa. Article writer: Bloomberg News Brian K. Sullivan and Natalia Knyazevich Published on October 6, 2024 • 5 minute read…
-
100,000 customers switch electricity supplier
•
Just over three months since the Ministry of Energy and Infrastructure’s electricity market reform took effect, the threshold of 100,000 customers in Israel changing their electricity supplier has already been crossed, which was the target of the end of 2024. 42,000 households and businesses have applied to change suppliers While…
-
ECB will probably cut rates in Oct on risk of too low inflation: Villeroy By Reuters
•
FRANKFURT (Reuters) – The European Central Bank will likely cut interest rates on October 17 as economic growth weakens and that raises the risk that inflation will fall below its 2% target, French central bank President Francois Villeroy de Galhau told an Italian newspaper. The European Central Bank has cut…
-
JPMorgan’s strategy chief on why investors should dial back risk amid market distortions
•
David Kelly, chief global strategist at JPMorgan Asset ManagementJP Morgan Asset Management Indices rose due to strong economic data and a significant interest rate cut from the Federal Reserve. However, as markets look for a soft landing, potential shocks pose a greater risk to investors, says David Kelly. He says…
-
Housing market outlook: Mortgage rates to stay around 6%
•
Mortgage rates may remain stuck in a narrow range around current levels and will not decline sharply any time soon. Before the Fed cut interest rates, mortgage interest rates had dropped dramatically near what some considered the “magic number” of 6% which would revive a sluggish housing market characterized by…
-
Weekend news – Flights from all Iran’s airports cancelled
•
High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates more risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some or…