Category: News
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Asda co-owner Mohsin Issa steps back as Lord Rose takes temporary charge
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Asda co-owner Mohsen Issa is stepping down from his role in the day-to-day running of the UK’s third-largest supermarket, despite the fact that a permanent chief executive has yet to be appointed. The move allows Issa to focus on his role as CEO of EG Group, which operates petrol stations…
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NanoXplore Reports Results for Its Q4-2024 and Full Year 2024
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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 Sep 18, 2024 • 9 minute…
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Forexlive Americas FX news wrap 18 Sep: Fed starts rate cuts with a 50 bp cut
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The Fed started its easing cycle by cutting interest rates by 50 basis points. The Fed has “reset” its monetary policy stance away from a period when inflation was high and employment was low. Now the baseline is that inflation is stable, and employment is not that low. The Fed…
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Nine dead, hundreds injured in second round of explosions in Lebanon
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Nine people were killed and more than 300 others injured after Hezbollah’s wireless communication devices exploded this evening, the Lebanese Health Ministry said. Nine people were killed and more than 300 injured after Hezbollah radios exploded on Tuesday evening, Lebanon’s health ministry said. The explosions come on the heels of…
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Venezuela’s Gonzalez says he was forced to sign letter accepting court ruling of Maduro victory By Reuters
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CARACAS (Reuters) – Venezuelan opposition leader Edmundo Gonzalez, who ran against President Nicolas Maduro in July’s election, said on Wednesday he was forced to sign a letter accepting a ruling from the country’s highest court that recognized Maduro’s victory. “Either I sign or I face the consequences,” he said in…
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Stocks Fluctuate With Fed Decision Coming Shortly: Markets Wrap
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(Bloomberg) — Stock markets fell amid uncertainty over how aggressively the Federal Reserve will cut interest rates after keeping them at a two-decade high for more than a year. Most Read from Bloomberg The S&P 500 was little changed after briefly surpassing an all-time closing high earlier this week. Treasury…
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Your body ages most rapidly between 44 and 60. How to combat it
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Aging is not a slow or linear process, according to new research from researchers at Stanford University. In fact, aging, especially slowing metabolism and wrinkling of the skin, may occur in what scientists describe as “Age-related waves“In contrast to the steady rise. The study published in Nature’s aging A scientific…
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JPMorgan CEO Jamie Dimon to visit Kenya in four-nation tour in growth push
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JPMorgan Chase Chief Executive Jamie Dimon plans to travel to Africa in mid-October as the largest U.S. lender seeks to expand on the continent, his first trip there in seven years, four people familiar with the matter told Reuters. Two sources said Dimon is expected to visit Kenya, Nigeria, South…
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‘Significant action’ needed to stabilise UK finances, warns OECD
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The OECD has warned that “significant action” is needed to stabilise the UK’s public finances, and urged Chancellor Rachel Reeves to reform fiscal policy. The OECD recommends abolishing stamp duty, reducing the triple pension lock and modernising the council tax system. The report highlights the growing financial pressures from healthcare,…
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Tara Risser Joins Cologix As Chief Business Officer
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Article Content Respected data center industry leader joins to accelerate growth and expansion DENVER, Sept. 18, 2024 (GLOBE NEWSWIRE) — CologixCologix, the leading data center and networking company in North America, today announced the appointment of Tara Reeser as Chief Business Officer. Reeser brings 25 years of experience in the…
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ILA chief: We must increase land supply to halt price rises
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Director General of the Israel Land Authority Yanki Quint spoke today about the land sale in Kibbutz Ha’On at the Globes conference on Kibbutz Momentum, held in cooperation with Israel Discount Bank. Quint explained to Globes editor Bar Lavi that Kibbutz Ha’On is being dismantled, turned into a community settlement…
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Nvidia gets a new bull on Wall Street as William Blair starts at buy By Investing.com
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NVIDIA (NVDA) made a fresh surge on Wall Street as William Blair initiated coverage of the stock with an Outperform rating, citing the company’s leadership in parallel computing and its dominant position in the artificial intelligence industry. According to the company, “Nvidia (NASDAQ:) has a long and rich history of…
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ForexLive European FX news wrap: Sterling up after UK CPI, markets mixed awaiting Fed
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Headlines: Markets: NZD advances, USD lags during the day European stocks lower; S&P 500 futures up 0.1% US 10-year Treasury yields rise 2.8 basis points to 3.677% Gold rises 0.4% to $2,578.75 West Texas Intermediate crude fell 0.9% to $69.22. Bitcoin down 0.7% to $59,913 It’s all about the countdown…
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Energy Transfer’s Co-CEO and Executive Chairman Just Added to Their Stakes in the Company. Should You Invest in It Too?
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Insiders have purchased units of energy transfer (NYSE: ET) Apple recently bought another 3 million units from the marketing giant, while the company’s co-CEO Thomas Long bought an additional 20,000 units. Warren now owns about 301.5 million units, while Long now has about 1.1 million units, according to data from…
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Introducing the first Fortune LGBTQ+ Leaders list
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Representation matters. Today’s companies should reflect our shared identity and values. Fortune’s inaugural LGBTQ+ list shows how far we’ve come—and how much work we still have to do. For the first time in history, luck The world’s top CEOs, chairpersons and co-founders ranked by revenue It also happens to be…
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Banks switch to upgraded system for large payments
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Banks and microfinance banks have begun testing the updated system for sending high-value financial transactions to speed up transfers while tightening screening for fraud. Banks on Monday began testing the updated system that incorporates ISO 20022 — a global standard for exchanging electronic messages between financial institutions using standardized messaging…
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UK Retailers Enjoy 40% Boost in Summer Sales as Price Cuts Drive Demand
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According to data from e-commerce marketing platform Omnisend, retailers across the UK saw a 40% increase in product sales during the summer of 2024. This rise came after a busy sales season in June, July and August, with 237,000 additional sales recorded compared to the same period in 2023. Total…
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Longshoremen at key US ports threatening to strike over automation and pay
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Tom Kreischer Published on September 18, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content In an attempt to thwart the automation of…
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Kahlon to be indicted subject to hearing on Unetcredit affair
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The State Prosecutor’s Office has informed former Finance Minister Moshe Kahlon, who served as chairman of the board of directors of the non-banking credit company UnitCredit, and controlling shareholders and other executives Tzachi Ezer, Shai Pinso and Shlomo Itzhak, that it is considering bringing them to trial on a number…
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Central European floods leave trail of devastation; new areas to evacuate By Reuters
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Written by Kuba Steziecki, Janis Laizan and Radovan Stoklasa WROCLAW, Poland/OSTRAVA, Czech Republic (Reuters) – Volunteers and emergency workers raced to secure river banks in Poland’s historic city of Wroclaw on Tuesday as nearby municipalities advised residents to evacuate their homes and authorities across central Europe counted the cost of…