Category: News
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HSBC slashes costs by 8% in $1.5bn drive as it scales back net-zero pledges
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HSBC has revealed plans to reduce employment costs by 8 % in a batch to save $ 1.5 billion, as thousands of UK employees are expected to bear the loss of losses. The bank’s CEO, George Ilidri, announced that although there are a large number of HSBC employees at less…
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Trump Proposes New Ship Fees to Challenge China’s Maritime Might
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Bread path links PMN Business The Trump administration suggests fees for using Chinese commercial ships that it may help in the face of marine domination in the country. The author of the article: Bloomberg News Jenny Leonard and Jennifer A. Poured It was published on February 21, 2025 • 3…
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Why Shares of Tesla Are Sinking Today
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shares Timing (Nasdaq: tsla) 4 % are traded less than 1:56 pm East time, along with the broader market Electric car A maker had to remember hundreds of thousands of vehicles. the Dow Jon’s industrial average He had scored nearly 700 points, while Nasdak More than 1.6 % decreased. The…
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Mira Murati, OpenAI’s former CTO, launches new ai start-up with ex-ChatGPT colleagues
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Mira Moratti, who was once responsible for technology in Openai during the development of Chatgpt, revealed a new laboratory – Machines Laboratory – with an initial team of about 30 researchers and engineers. It is worth noting that the group includes many former Openai colleagues and appointments from DAFERT.AI and…
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American Tungsten Announces Upsize of Non-Brokered LIFE Offering of Shares
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This section The partnership content provided The content in this section is provided by Globenewswire for the purposes of distributing press data on behalf of its customers. Postmedia did not review the content. by Globenewswire Bread path links Globenewswire The author of the article: It was published on February 21,…
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Fed’s QT pause, Treasury’s debt plans may offer fleeting relief to US bonds
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By boldness of the beard NEW YORK (Reuters) – A possible slowdown in the public budget withdrawal of the public budget of the public budget and the Scott Bessens Ministry of Treasury against the long -term debt in the short term in the short term to the bond market tensions…
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Inflation fears push consumer confidence to 11-month low
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Confidence has slipped in the event of the economy to its lowest level since last spring, according to the British Federation of retail (BRC). The latest monthly survey of the Commercial Authority -which was conducted between 2000 adults in the United Kingdom -shows the consumer confidence in a net balance…
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DOGE Restores 9/11 Survivor Program Cuts, Hiring Back Workers
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Bread path links PMN Business The Trump administration has gone into a health program for respondents and survivors from the events of September 11, restoring research grants and uncomfortable workers’ jobs. The author of the article: It was published on February 21, 2025 • 4 minutes read You can save…
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The Dow plunges 750 points as bad economic news piles up fast
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Photo: Getty Images On Friday, American stocks fell on bad economic news. Consumer confidence has weakened to the lowest level since November 2023, even when the long -term inflation expectations have risen to the highest level since 1995. I contracted before More than expected. With the end of the day,…
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Jobs axed at second-fastest pace since global financial crisis, PMI survey shows
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British companies have reduced jobs last month at an unprecedented rate outside the epidemic since 2009, as many companies have been looking to go to the impact of higher employment taxes and the high national living fee scheduled in April. New flash data from the UK’s S & P Global…
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Walmart stock gets pummeled — here’s what Wall Street is chatting about in the aftermath
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Walmart (WMT) investors were arrested asleep upon switching. The stocks recorded the worst day in more than the year on Thursday, when they made 6.23 %, as retail stores surprised investors with weak expectations 2025. The shares did not change relatively in the pre -market trade on Friday. The session…
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As Amazon MGM secures creative control of 007, Cavill supporters flood Jeff Bezos’s call to pick next Bond
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In a move that sent ripples via Hollywood, Amazon MGM, in partnership with James Bond producers for a long time, formed Michael G. Wilson and Barbara Broccoli, a joint project to supervise the famous franchise rights. Although all three parties will remain the participating owners of intellectual property in Bond,…
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Canada can’t win a trade war: John Manley
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Article content As US President Donald Trump continues to threaten all kinds of definitions – against Canadian and steel exports and possibly export of medicines, semiconductors, or perhaps all goods – there is a major discussion on how Canada responds and should respond. Article content In this episode to work,…
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Reduction in cash holdings after NIS 200 bill abolishment talk
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Since September 2024, there has been a significant decrease in the number of NIS 200 bills that the public has been set up for the number of NIS 100 bills, according to the banks of the Bank of Israel. In September, “Globes” revealed an initiative by a group of economists…
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The Dow slumps pre-market as United Health Group stock plunges more than 11% on DOJ investigation reports
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Another difficult day in trading with the United Health Group (UN) on Friday, where reports that the Ministry of Justice (Doj) is investigating the Medicare Advantage insurance that sent shares more than 11 % in pre -market trading. Civil fraud investigation, The Wall Street Journal reported for the first timeIt…
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Government’s January surplus disappoints at £15.4bn, piling pressure on Chancellor
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The government published a smaller surplus than expected at a value of 15.4 billion pounds in January, which is less than the expectations of economists of 21 billion pounds and 19 billion pounds by the budget responsibility office (OBR). January data is usually enhanced by self -evaluation tax payments; However,…
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Ilya Sutskever’s SSI raising money at $30b valuation – report
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Safe Superintelligence (SSI), starting the artificial intelligence that Openai founder and former chief scientist Elijah Sutsv, holds talks to raise more than a billion dollars in the company’s evaluation of more than $ 30 billion “request not to identify discussion of private information.” This is six times the assessment of…
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Exclusive-Abrdn to launch China asset management venture with Citic unit, sources say
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Written by Selena Lee Hong Kong (Reuters) – ABRDN said in advanced talks with Citic Bank to launch a joint asset management project in China, as two people are aware of this issue, as the British company is looking to enhance its presence in the second largest economy in the…
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Global jobs slump at two-decade low, warns Hays boss, as hiring freeze persists
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The global recruitment market is steeped in its longest shrinkage in more than 20 years, according to Hays CEO, the largest employment group listed in Britain. He said: “I have been in this work 27 years ago and I have never seen a global contraction like him,” noting that “continuous…