Category: News
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Israel Canada to buy Brown Hotels chain
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Israel Canada Real Estate (TASE: ISCN), controlled by Barak Rosen and Asi Tachmer, announced the signing of two non-binding memoranda of understanding to acquire Brown Hotels’ operations in Israel and Greece. At the same time, talks are underway to merge Israel Canada’s hotel operations into the stock market DNA Group,…
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Boeing’s space and defense chief exits in new CEO’s first executive move By Reuters
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By Joe Brock, David Shepardson, and Tim Heffer Boeing Co said Friday the head of its embattled space and defense unit will leave the company immediately, in the first management shakeup under new CEO Kelly Ortberg. Ortberg, who took over in August, said Ted Colbert will step down and Steve…
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This $80 Billion Market Could Be the Next Big Growth Driver for Nvidia Stock
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Graphics processing units (GPUs) have been created. Nvidia‘s (NASDAQ: NVDA) Intel has been in the bread and butter business for a very long time. Initially, the company made its name by producing graphics processing units (GPUs) for use in gaming and content creation PCs, before eventually gaining fame with its…
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Intel stock jumps on Qualcomm’s takeover approach
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Intel shares rose after the Wall Street Journal reported that Qualcomm Inc. had approached the company about acquiring it, a potential record deal for the chipmaker. The discussions took place in recent days, the newspaper reported, citing people familiar with the situation. However, a deal is not certain, according to…
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Hostels developer Acorn pays Sh2.6bn bond balance early
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Acorn Holdings, a student housing developer, on Friday announced that it will repay the remaining balance of its Sh5.7 billion corporate bond a month ahead of schedule. The five-year medium-term notes, issued in November 2019, were due to mature on November 8, 2024, but the remaining balance of Sh2.69 billion…
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Impact on Village, Accountability Issues, and Environmental Concerns
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The picturesque village of Bramley in Surrey has become a sad example of a modern disease afflicting Britain: the disappearance of accountability. A mysterious foul odor that started in a pub basement has escalated into a full-blown environmental and bureaucratic disaster, with petrol seeping into the ground and the local…
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Forexlive Americas FX news wrap 20 Sep: The week comes to s close with the USD mostly up.
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Today’s economic data focused on Canada where retail sales rose by a stronger-than-expected 0.9% but prices were lower than forecast. In the US, two days after the Federal Open Market Committee cut interest rates by 50 basis points, Waller, a more hawkish member, spoke on CNBC. His comments were seen…
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Snowflake Hacker Still Active, Finding New Victims, Expert Says
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Breadcrumbs Path Links PMN Business Internet investigators are tracking down alleged scammers in connection with a series of hacks. Article author: Bloomberg News Margie Murphy and Charles Gorrivan Published on September 20, 2024 • Read for 2 minutes You can save this article by registering for free here. Or log…
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Building starts in Israel slump to 4-year low
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In the second quarter of 2024, there were 12,900 construction activities in Israel, the Central Bureau of Statistics reports, down 13.6% from the second quarter of 2023. This is the lowest number since the second quarter of 2020, when there were 11,538 construction activities. In the first quarter of 2024,…
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Atlantic Coastal extends merger deadline to October 19 By Investing.com
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Atlantic Coastal Acquisition Corp. II (NASDAQ:ACAB), a special purpose acquisition company, announced Friday that its shareholders have approved an extension of the deadline to complete the business combination from September 19, 2024 to October 19, 2024. This extension provides the company additional time to complete the merger or similar business…
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A millennial FIRE couple shares how moving abroad and living on a $50k income helped them quadruple their net worth to $700k in 6 years
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A millennial couple shares how they grew their net worth from $100K to over $700K in the past six years.Brian Davis A millennial couple has increased their net worth to over $700,000, up from $150,000 in 2018. Living abroad and spending only a portion of their $50,000 income helped them…
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Swing state OKs ballot-counting rule that Trump favors
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The Georgia Board of Elections voted Friday to approve a new rule that requires poll workers to count ballots by hand. The board voted 3-2 to approve the rule, going against the advice of the state attorney general’s office, the secretary of state’s office and the county election officials association.…
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Savers stockpile Sh1.9 trillion in fixed deposit accounts on high rates
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Savers piled a record Sh1.97 trillion into fixed deposit accounts in the year to June 2024, driven by prevailing high interest rates, new data has shown. Cash held in fixed accounts at commercial banks rose by a record Sh224 billion between June last year and June 2024 to Sh1.97 trillion…
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Savers stockpile Sh1.9 trillion in fixed deposit accounts on high rates
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Savers piled a record Sh1.97 trillion into fixed deposit accounts in the year to June 2024, driven by prevailing high interest rates, new data has shown. Cash held in fixed accounts at commercial banks rose by a record Sh224 billion between June last year and June 2024 to Sh1.97 trillion…
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staff could be offered fixed hours after three months
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Companies could soon be required to offer regular contracts to workers under zero-hours agreements after just three months, under proposed reforms being discussed by the Labour government. Deputy Prime Minister Angela Rayner and Business Secretary Jonathan Reynolds told business leaders and unions at a special meeting that new legislation could…
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Netanyahu orders discussion on canceling NIS 200 bill
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Prime Minister Benjamin Netanyahu has instructed the finance minister, the governor of the Bank of Israel, the heads of the Israel Tax Authority and the Arab Community Crime Bureau to hold a discussion on abolishing the 200-shekel bill. The move is expected to help combat black capital and, according to…
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S&P 500, Dow futures back away from records as Fed cheer fizzles
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U.S. stocks were poised to pull back from record highs on Friday as the euphoria over interest rate cuts faded, with FedEx (FDX) earnings providing a reality check. S&P 500 futures (ES=F) fell about 0.3% after the benchmark index closed at an all-time high. Dow Jones Industrial Average futures (YM=F)…
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Reducing smartphone use by 1 hour a day could increase work satisfaction, new study says
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Even if you love your job, you may sometimes feel dissatisfied and/or unmotivated at work. But there is a simple solution, suggests a new study conducted in Germany. According to researchers at Harvard University, reducing screen time by just one hour a day may boost not only your motivation in…
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Analo Kanga: Saxophonist on a mission to keep Millenials, Gen Zs glued to Afro-jazz
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Kenyan saxophonist, artist and lawyer Analu Kanga seeks to reimagine African jazz in a format acceptable to a fan base that includes millennials and Gen Z. “Afrobeat, amapiano, it all comes from Fela Kuti, it comes from Hugh Masekela, it comes from Miriam Makeba,” says Analo. “The only reason I…