Category: News
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One-third of homes for sale now chain-free as tax fears loom ahead of budget
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A third of homes currently for sale in the UK are chain-free, as landlords and second homeowners rush to sell amid speculation about potential rises in capital gains tax in the next Budget. According to Zoopla, a real estate search site, the number of agreed-upon home sales is up 25%…
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Northvolt’s Funding Travails Hit Battery Projects from Germany to Canada
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Breadcrumb links BMN Business Northvolt AB’s difficulties are causing headaches far beyond its home base in Sweden, where taxpayer-backed electric vehicle battery projects face delays stretching from Germany to Canada. Article writer: Bloomberg News Mathieu Dionne, William Wilkes, and Petra Sorge Published on October 05, 2024 • 4 minutes read…
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Why The Bitcoin Bounce Off $66,000 Is Not Entirely Bad News
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Bitcoin price action in the past two weeks has reiterated its volatile nature despite the constant influx of institutional money. In the last days of September, the cryptocurrency rose from $53,500 to a high of $66,000. Only to withdraw to $61,000 In the first few days of October, demonstrating its…
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IVC-LeumiTech: Despite war startup raising up 32%
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Despite the war, investments in Israeli startups in the first nine months of 2024 reached $7.22 billion, up 32% from the first nine months of 2023, IVC-LeumiTech reported in its quarterly survey. There is a certain upward bias in the data due to IVC’s identification of Safe Superintelligence (SSI) as…
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Donald Trump tries to blunt Democrats’ momentum in North Carolina By Reuters
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Written by Gram Slattery and Alexandra Ulmer FAYETTEVILLE, North Carolina (Reuters) – Donald Trump campaigned in North Carolina on Friday for the fourth time in a month as the Republican presidential nominee tried to rally support in a state he carried easily a few months ago but is now among…
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There’s a simple reason one of Wall Street’s most bullish strategists expects a 40% rise in the S&P 500 by 2030
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Getty Images; Jenny Zhang Rodriguez/PI Ed Yardeni predicts that the S&P 500 will reach 8,000 by 2030. Yardeni’s prediction is based on a simple analysis of historical growth rates. His bullish forecast is supported by a “Roaring 2020” scenario in which productivity grows. There’s a simple reason why one of…
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Ed Yardeni sees Fed pausing rate cuts for 2024 after jobs report
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The Fed’s 2024 easing campaign may already be over Strong business report Friday highlights the stubborn resilience of the world’s largest economy, according to Wall Street veteran Ed Yardeni. Further policy easing would risk sparking inflation as oil prices rebound and China seeks to stimulate its economy, according to the…
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Rising interest rates fuel Sh27.1bn bond sell-off by foreigners
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Foreign investors cut their holdings of treasury bonds by 84.6 percent to Sh4.9 billion in the quarter ending June 2024 from Sh32 billion in the same period last year in search of higher returns from shorter-term papers. At the same time, foreigners increased their holdings of treasury bills according to…
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Rising interest rates fuel Sh27.1bn bond sell-off by foreigners
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Foreign investors cut their holdings of treasury bonds by 84.6 percent to Sh4.9 billion in the quarter ending June 2024 from Sh32 billion in the same period last year in search of higher returns from shorter-term papers. At the same time, foreigners increased their holdings of treasury bills according to…
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Pink Floyd sells catalogue to Sony Music for $400M after years of legal battles
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After years of contentious negotiations and infighting, Pink Floyd sold the rights to its entire music catalog, name and likeness to Sony Music for $400 million. The landmark deal, finalized this week, gives Sony rights to the band’s merchandise and media, while songwriting copyrights will remain with the band members.…
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Trillion Energy Initiates Velocity String Program
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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 4, 2024 • 3 minutes…
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Hims & Hers Health Set to Join S&P SmallCap 600 By Investing.com
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New York, October 4, 2024 /PRNewswire/ — Hims & Hers Health, Inc. (NYSE:HIMS) will be replaced VICTOR GROUP LIMITED (NYSE:) effective before the opening of trading Wednesday 9 October. GT group acquires Vector set The deal is expected to be closed soon, pending final terms. Below is a summary of…
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Medicare Mess Sends Humana Shares on Worst Fall Since Financial Crisis
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(Bloomberg) — Humana Inc. investors haven’t had a hard time. Nothing this bad since the global financial crisis 15 years ago. Most read from Bloomberg The health insurer’s stock price fell 22% on Tuesday and Wednesday alone, which last happened in February 2009. It continued to decline, with shares suffering…
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Forexlive Americas FX news wrap 4Oct:US jobs report is strong. USD, yields and stocks rise
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The US September jobs report beat expectations today, with non-farm payrolls rising by 254,000 compared to expectations of 140,000. The unemployment rate decreased slightly to 4.1%, approaching 4.0%, and the participation rate stabilized at 62.7%. Private sector payrolls rose by 223,000, while average hourly earnings rose 0.4% month-over-month and 4.0%…
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GM halts production at major plants due to Hurricane Helene
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General Motors was forced to temporarily halt vehicle production at two major U.S. plants as suppliers faced delays due to Hurricane Helen. General Motors confirmed in a statement luck Two plants, one in Michigan and one in Texas, have canceled shifts on Thursday and Friday. The company did not have…
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Kenya Airways eyes over Sh200m savings from new building, diesel plant
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Kenya Airways (KQ) is looking to save more than Sh209 million from its newly launched thermal diesel and newly acquired Msferi building that is set to house its operations team, helping its efforts return to profitability after years of losses. The national airline has launched a thermal diesel production facility…
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A guide to the new legal duty on employers to prevent workplace sexual harassment
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A new duty on employers to take reasonable steps to prevent sexual harassment is imminent. What should businesses do to prepare? From 26 October 2024, employers will have a new duty to take reasonable steps to prevent sexual harassment of their workers. This new protective duty is contained in the…
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What an oil war in the Middle East could look like
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Breadcrumb Trail Links Energy Oil & Gas Financial Times Israel is considering attacks on Iranian energy sites, for which Iran might then retaliate, affecting global supplies Author of the article: Financial Times Myles McCormick in Houston, Jamie Smyth in New York and Tom Wilson, Shotaro Tani and Steven Bernard in…