Category: News
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Timora real estate fund appoints Sagi Cohen CFO
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Temura Real Estate Fund has appointed Saji Cohen CPA as the fund’s new CFO. Cohen, 42, has more than 15 years of experience in the income-generating real estate market in Israel and Poland, where he previously served as CFO of Giron Development and Construction, whose bonds are traded on the…
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Texas Pacific Land executives buy shares worth over $11k By Investing.com
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In a recent move, executives at Texas Pacific Land Corp (NYSE:), a company known for trading oil royalties, have purchased additional shares in the company. The transactions, which occurred on October 3, 2024, involved the acquisition of shares of the Company at prices ranging from $935.00 to $935.33 per share.…
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Rivian Shares Drop After EV Maker Slashes Production Target
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(Bloomberg) — Shares of Rivian Automotive Inc. fell. After the automaker reduced its annual production target, citing a worsening supply crisis at its only assembly plant in the United States. Most read from Bloomberg The company now expects production to decline by up to 18% this year, due to ongoing…
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Motor Industry calls for VAT cut on electric cars and charging points to boost EV market
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The car industry is calling on the UK government to cut VAT on new electric cars and public charging points in a bid to counter the slowdown in the electric car market. The Society of Motor Manufacturers and Traders (SMMT) has written an open letter to the Chancellor, urging a…
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Health Canada Approves Label Expansion for Telix’s Illuccix® to Include Patient Selection for PSMA-Targeted Therapy
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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 04, 2024 • 6 minute…
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Augmented Intelligence raises $10m, signs Google Cloud deal
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Ohad Al-Helou and Uri Cohen didn’t do things by the book. They founded their startup Augmented Intelligence (AUI) seven years ago and have remained hidden until now even though they have raised several tens of millions of dollars from private investors for an AI platform targeting the shopping sector. Augmented…
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European shares rise as energy stocks shine on wider Middle East conflict By Reuters
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Written by Pranav Kashyap (Reuters) – European stocks rose on Friday, supported by energy shares in the region, after prices rose on concerns about a deeper conflict in the Middle East. The European index rose 0.2%. However, the index is on track to record its worst week since September 2,…
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European Stocks Trade Steady Before US Jobs Data: Markets Wrap
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(Bloomberg) — European stocks and U.S. futures were volatile ahead of key U.S. jobs data that will help determine the course of interest rates. Oil prices fell after escalating tensions in the Middle East led to the largest single-day jump in almost a year. Most read from Bloomberg There was…
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Europe’s ski resorts face ‘existential crisis’ from climate crisis
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Europe’s leading ski resorts face an “existential crisis” over the coming decades, as climate change threatens to permanently remove the snow covering their popular slopes. The World Meteorological Organization (WMO) says global warming has caused the “zero level” at which snow settles to rise by about 250 meters in the…
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M-Kopa reveals Sh5.2bn cost of tracing defaulters
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Solar equipment provider M-Kopa has revealed a Sh5.22 billion cost to track down defaulters, reflecting the challenge of maintaining a pay-as-you-go model that mostly targets the poor in rural areas. In a tax dispute, M-Kopa has unveiled the invoice required to track down and coerce 47,625 customers it considers to…
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Bank of England may cut rates more aggressively as inflation eases, warns Andrew Bailey
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Andrew Bailey, Governor of the Bank of England, has indicated that the bank may take a more aggressive stance on cutting interest rates if inflation continues to decline. However, he warned that escalating tensions in the Middle East could lead to a sharp rise in oil prices, which would complicate…
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ForexLive Asia-Pacific FX news wrap: Awaiting the US nonfarm payroll jobs report
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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…
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Seven & I Approaching Buyers for Retail, Supermarkets Units
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Breadcrumb links BMN Business Seven & i Holdings Co. has approached potential buyers for its Ito-Yokado stores and its supermarkets, as it seeks to restructure in the face of a takeover approach from Canada’s Alimentation Couche-Tard Inc, people familiar with the matter said. Article writer: Bloomberg News Koh Yoshida and…
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IDF confirms ground operation underway in Lebanon
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The operation is said to be limited and focused on dismantling Hezbollah’s offensive infrastructure along the border. The Israeli army spokesman’s unit confirmed that Israeli ground forces began limited and focused operations against Hezbollah targets in southern Lebanon near the border with Israel. The Israeli army statement said that the…
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JPMorgan acquires stake in Australia’s cash-strapped Star Entertainment By Reuters
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(Reuters) – U.S. bank JPMorgan Chase & Co. (NYSE:) has become a major shareholder in Star Entertainment, as shares of the beleaguered Australian casino operator have fallen sharply in the past few years amid liquidity issues, a stock exchange report showed. JPMorgan has become a shareholder with voting power of…
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Nvidia stock jumps after CEO Jensen Huang says ‘demand for Blackwell is insane’
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Justin Sullivan/Getty Nvidia shares rose as much as 5% on Thursday after CEO Jensen Huang cited strong demand for its Blackwell GPU. Huang confirmed that Blackwell’s chips are in full production despite previous delays in the redesign. Nvidia aims to improve GPU performance annually, which impacts customer revenue and costs.…
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Citi among banks banks omitting data about race from home loans—depriving researchers of both positive and negative trends
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The 5000 financial institutions that I grew up A home loan in the United States is required by law to collect information about race. The policy is designed to help detect potential discrimination against borrowers, and has generated large amounts of data that researchers, academics and lenders themselves use to…
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Given full attention, mining sector will transform Kenya’s economy
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Principal Secretary for Mining (PS) Elijah Mwangi interviewed by Daily chores Last week revealed what has been achieved in the mining sector. This was a timely effort because it dispelled the image of a department operating in managed secrecy. However, the Socialist Party has not spoken about the full results…