Category: News
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Housing crisis leaves 21 hopeful tenants battling for each rental property
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The UK rental market is facing a severe crisis, with an average of 21 potential tenants competing for every available property, while the number of homes available to rent continues to shrink. According to Zoopla, a leading property search platform, the availability of homes for rent is now 24% lower…
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Court rules against Coca-Cola Israel in huge tax dispute
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The Central Bottling Company (Coca-Cola Israel), which exclusively markets Coca-Cola products in Israel, has been dealt a severe blow and will be forced to pay hundreds of millions of shekels to the Israeli Tax Authority. The Tel Aviv District Court rejected the company’s appeals against the tax assessment issued by…
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Nuvalent Highlights Presentation of Clinical Data at ESMO 2024 for Parallel Lead Programs for ROS1 and ALK-positive NSCLC and Accelerated Development Timelines
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Updated Phase 1 dose-escalation data from ARROS-1 and ALKOVE-1 clinical trials continue to support potential best-in-class profiles for zidesamtinib and NVL-655 Rapid enrollment in Phase 2 portions of the ARROS-1 and ALKOVE-1 clinical trials; Pivotal data from both ROS1 and ALK programs now anticipated in 2025 Initiation of ALKAZAR Phase…
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Where Will Palantir Be in 10 Years?
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Big Data Software Stock Palantir (NYSE: PLTR) Apple is at a pivotal moment today. Revenue is accelerating, profitability has turned positive — a rare occurrence for software stocks — and the AI revolution appears to be revitalizing demand for its platforms. Palantir was founded in 2003 and began helping the…
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U.S. gasoline prices poised to drop below $3/gallon ahead of election, analysts say
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SlavkoSereda/iStock via Getty Images Crude oil futures ended a volatile week with modest gains, as the disruption of U.S. offshore production due to Hurricane Francine offset longer-term concerns about the demand outlook highlighted by OPEC, the U.S. Energy Information Administration and the Paris-based International Energy Agency, which all cut their…
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Once vibrant, now desolate: Drought ravages Greece’s lakes, leaving a lifeless landscape
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Lake Koronia, one of Greece’s largest lakes, is shrinking after a long drought and a summer of record temperatures, leaving behind cracked ground, dead fish and a persistent stench. Where fishermen once hauled trout and tench into their boats, young people now enjoy riding motorcycles through the dust. Locals say…
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Help! Bank loan, parents, siblings and girlfriend are draining my salary
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My name is Clarence. I am in my early 30s and the father of a two-year-old boy. I grew up on a half-acre farm. I am the eldest and only child in a family of six, with two unemployed, low-income parents. I earn Sh79,000 after statutory deductions. I have taken…
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72% of UK firms face skills gaps, turn to AI and upskilling amid £275m productivity loss
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The UK skills gap continues to widen, with 72% of businesses reporting shortages in critical areas such as AI, data analytics and cybersecurity – up from 69% in 2023, according to DocuSign’s 2024 Digital Maturity Report. As a result, companies are increasingly turning to “quiet hiring,” upskilling their existing employees…
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Eco Oro Announces Change in Management Team and Board
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Article Content VANCOUVER, British Columbia, September 13, 2024 (GLOBE NEWSWIRE) — Eco Oro Metals Company (CSE:EOM) (the “a companyAramex today announced that Paul Robertson has resigned as Chief Executive Officer. Eric Tsung, the company’s current Chief Financial Officer, will assume the role of Chief Executive Officer, effective immediately. Eric will…
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Melisron buys Aviv Development stake for NIS 625m
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This is the third real estate exit for Doron Aviv and his sister Dafna Harlev after selling Osif to Arkady Gaydamak in 2007, and 50% of Aviv Development to Melisron in 2022 for NIS 845 million. Leora Ofer’s Melisron (TASE: MLSR) has acquired the entire stake in Aviv Development, owned…
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International Seaways executive sells $49,750 in stock By Investing.com
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According to the latest filings with the U.S. Securities and Exchange Commission, Solon Derek Gee, senior vice president of International Seaways, Inc. (NYSE: ), recently sold shares of the company’s stock. The deal, which took place on September 12, involved the sale of 1,000 shares at $49.7503 per share, for…
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Delaware bankruptcy court says Yellow owes pensions, stock drops 90%
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Yellow shares fell 90% Friday afternoon following a Delaware court ruling on its pension obligations. (Photo: Jim Allen/FreightWaves) A Delaware bankruptcy court offered some clarity late Friday on the $6.5 billion in liability claims against Yellow Corp., but the total amount the incomplete bankrupt company will pay remains undetermined. The…
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S&P soars to best week of 2024 as Wall Street gears up for anticipated interest rate cuts
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S&P 500 (SP500) Friday Up 4.02% The index ended the week at 5,626.02 points, posting gains in all five sessions. SPDR S&P 500 ETF Trust (New York: Spy) Up 4.01% For this week. Bulls returned to Wall Street this week, helping The index rose from its previous levels. Worst week…
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Neflitx wants to add ‘Hot Ones’ to live programming
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Netflix Inc. is looking to stream live versions of the popular YouTube talk show HotThat would add to a lineup that will soon include NFL and wrestling matches, people familiar with the matter said. The company is in talks with BuzzFeed Inc., the owner of the show that features celebrities…
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Forexlive Americas FX news wrap 13 Sep: The stocks close with 5-day streaks.FOMC next week
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The Nasdaq and S&P ended the week with five straight days of gains. As the day and week draw to a close, the Japanese Yen ended the day as the strongest of the major currencies and the New Zealand Dollar was the weakest. The US Dollar ended the day with…
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Brookside payouts to North Rift farmers rise to Sh918m
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Dairy farmers in the North Rift region contracted by Brookside Dairy have made a profit of Sh918 million from selling raw milk to the processor, as production has increased due to improved farming practices by smallholder farmers in the region. This represents a 27 percent increase over 2022 earnings, with…
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OpenAI unveils new AI model with human-like reasoning capabilities
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OpenAI has launched its latest AI model, the o1 series, which the company claims has human-like thinking capabilities. In a recent blog post, the creator of ChatGPT explained that the new model spends more time thinking before responding to queries, enabling it to tackle complex tasks and solve tougher problems…
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Trump crypto guru is self-described ‘dirtbag of the internet’
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Breadcrumb Trail Links Finance Cryptocurrency Chase Herro once called Bitcoin a ‘scam against the dollar’ Author of the article: Bloomberg News Zeke Faux and Muyao Shen Published Sep 13, 2024 • 8 minute read You can save this article by registering for free here. Or sign-in if you have an account.…
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White House officials signal delay in U.S. Steel takeover decision, Washington Post reports By Reuters
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(Reuters) – White House officials have signaled a delay in making a decision on Japan’s Nippon Steel Corp.’s acquisition of U.S. Steel, the Washington Post reported on Friday. The Committee on Foreign Investment in the United States, Nippon and U.S. Steel declined to comment. The White House did not immediately…