Category: News
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Companies House introduces new penalties to boost compliance and corporate transparency
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Companies House has implemented a new sanctions regime aimed at improving compliance and transparency at the UK companies register, with a focus on cracking down on abuse and economic crime. Registered companies are urged to fulfill their legal obligations, such as submitting confirmation statements in a timely manner, to avoid…
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The Economy Is Outperforming in Swing States — It’s Good News for Harris
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Breadcrumb links BMN Business Six of the seven states expected to decide this year’s US presidential election saw growth faster than the US economy as a whole in the second quarter, adding to the latest tailwind for Vice President Kamala Harris nearly a month after voting. Article writer: Bloomberg News…
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Treasury seeks to curb pension tax benefit
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The Ministry of Finance has introduced a series of radical measures aimed at reducing the fiscal deficit to 4% next year. Among these measures is the imposition of taxes on advanced training funds, which until now have mainly been a tax-free savings program. The Ministry stated in its explanation of…
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Kyiv says Russian attacks on medical centre in Ukraine’s Sumy kill 8, injure 11 By Reuters
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KIEV (Reuters) – Russian forces bombed a medical center in Sumy in northeastern Ukraine on Saturday morning and then bombed again while evacuating the building, killing a total of eight people, Ukrainian officials said. Ukrainian prosecutors said that at the time of the attacks, there were 86 patients and 38…
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China starts to reverse its ‘uninvestible’ image: Chart of the Week
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This is the takeaway from today’s morning briefing, and what you can do subscription Received in your inbox every morning with: A cursory glance at the recent performance of China’s stock market shows a significant decoupling from the S&P 500, the German DAX, the UK’s FTSE, and even the Le…
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Getting enough sleep but still exhausted? These 7 types of rest can help
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You could say that Dr. Sondra Dalton Smith wrote the book on rest. And that’s because she did. After five years of practicing clinical internal medicine and caring for two young children, the author of the book Holy rest He was exposed to severe fatigue. At first, she thought she…
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Maryanne Ochola: The CEO who’s a sunshine, even through tough times
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Marian Ochola walks in the sunlight. Managing Director, Endeavor Kenya, is a magnetic force of energy. She knows all about pain too. The story unfolds: While losing her father; She was losing her marriage too. But she didn’t lose her smile. I stop to think about the courage it takes…
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ChatGPT inventor set to receive $10bn as OpenAI shifts from non-profit status
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Sam Altman, founder of OpenAI, which makes ChatGPT, is poised to secure more than $10bn (£7.5bn) as the company prepares to abandon its long-standing non-profit status. OpenAI is considering giving Altman a 7% stake as it raises money at a valuation of about $150 billion. The move would make Altman’s…
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In global game of influence, China turns to a cheap and effective tool: fake news
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Breadcrumb links PMN BMN Business Article writer: Associated Press Didi Tang and David Klepper Posted on September 28, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – Visitors pass the Chinese Communist Party flag…
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Despite escalation shekel and TASE defy risk factors
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A look at macroeconomic data, which indicates how investors view Israel, can be misleading. There is a series of data indicating serious concerns on the part of investors, while there is the shekel-dollar exchange rate and the Tel Aviv Stock Exchange (TASE) that convey a feeling of relative stability, even…
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TD Bank nears possible guilty plea in money laundering probe, WSJ reports By Reuters
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(Reuters) – TD Bank is close to potentially pleading guilty to criminal charges that its U.S. retail bank failed to curb money laundering linked to Chinese criminal groups and illicit sales of fentanyl, the Wall Street Journal reported on Friday. Canada’s second-largest bank is in talks with US federal prosecutors…
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Why Nvidia stock could soar over 500% by the end of the decade, former consulting exec says
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NVDA shares could reach $800 by 2030, predicts Philip Panaro, former CEO of BCG.Chelsea Jia Feng/PI Phil Panaro predicted that Nvidia could reach another 545% by the end of the decade. The former BCG CEO said the company will rise due to the AI revolution and the move to Web3.…
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Recent hurricanes have caused over $200 billion in damage
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Recent major hurricanes to hit the United States left hundreds dead and caused billions of dollars in damage. Hurricane Beryl – 2024 Hurricane Beryl was the first of the 2024 Atlantic hurricane season, according to National Oceanic and Atmospheric Administration. Exceptionally warm ocean temperatures caused it to strengthen into a…
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Unga narrows full year loss to Sh669.5m on lower costs
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Manufacturer Unga Group Plc narrowed its loss for the year ending June 2024 to Sh669.5 million from Sh959.3 million previously, on lower costs. The company attributed the lower costs to improved efficiencies in its operations and one-time gains in foreign exchange with the appreciation of the Kenyan shilling in the…
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RugbyPass scores major double win at the 2024 Global Search Awards
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At the 2024 Global Search Awards, rugby news platform, RugbyPass, was named the winner of two hotly contested and highly coveted awards – ‘Best Use of Content Marketing’ and ‘Best Use of PR’. RugbyPass, together with its partner digital agency, Another conceptwere honored in these categories for their work in…
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Israelis shunning NIS 200 bills due to abolishment fears
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With the Israeli government considering scrapping the 200-shekel banknote to fight the black economy and tax evasion, some Israelis are reportedly already taking action. Although the Bank of Israel has poured cold water on the idea, saying that “no sufficiently well-founded professional justification has been provided,” there are reports of…
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Armada Hoffler completes stock offering, board members buy in By Investing.com
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Armada Hoffler Properties, Inc. announced (NYSE:), a real estate investment trust, today announced the completion of its public offering, which included purchases by several members of its board of directors. The company on Wednesday entered into an underwriting agreement with Jefferies LLC and BofA Securities, Inc. and Barclays Capital Inc.…
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Speculation-Driven Valuation Make it a Sell
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Since Trump Media and Technology Group (DJT) debuted on the Nasdaq in March 2024, following a long and complex merger with a SPAC, its stock performance has been driven more by speculation surrounding former President Donald Trump — its largest shareholder — than by speculation surrounding the company. Business basics.…
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Forexlive Americas FX news wrap: US PCE inflation cools
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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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The future of driving sounds ordinary—and that’s a good thing
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If you’ve ever experienced the eerie silence of an electric car driving by, you know that electric cars don’t make a lot of noise — or at least, they don’t have to. They don’t have gas engines or transmissions that produce a classic car sound. However, there is an entire…