Category: News
-
Nasdaq falls 1%, S&P drops as markets await Powell’s rate signals at Jackson Hole
•
Major U.S. stock indexes fell on Thursday, with losses deepening ahead of Federal Reserve Chairman Jerome Powell’s speech on monetary policy at the central bank’s Jackson Hole Economic Symposium. Nasdaq Composite Index (Compound: Indian) -1.2%Standard & Poor’s 500 Index (SP500)) He was -0.7%and the Dow Jones Industrial Average (DJI) -0.6%with…
-
Could Ozempic increase suicidal thoughts?
•
Medications such as Ozempic and wegovy — also known as glucagon-like peptide-1 (GLP-1) or semaglutide medications — have been linked to increased suicidal thoughts, he says. A new study published in JAMA Open Network On August 20th. “The detected signal of suicidal thoughts associated with semaglutide deserves urgent clarification,” the…
-
Tax from business profits, asset transfers suppressed despite higher rates
•
Kenya Revenue Authority collections from profits, asset transfers and other business activities have remained in single digits for two consecutive years amid a raft of new and higher taxes. The Kenya Revenue Authority collected Sh488.10 billion from corporate profits from operations and capital gains from transfers of property and shares…
-
Two in five UK workers continue checking emails on holiday, with top earners working up to three days
•
For many UK workers, holidays are no longer a time for complete relaxation, with many finding it difficult to disconnect from work. New data from NatWest Premier highlights that two in five Britons continue to check their emails while on holiday, with the trend particularly pronounced among higher earners. The…
-
Konica Minolta to Unveil New Web-fed Digital Embellishment Solution at Labelexpo
•
This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on August 22, 2024 •…
-
Court issues stay-of-proceedings for Landa’s diamond co
•
The District Court today issued an order to halt the proceedings of Benny Lando’s lab-grown diamond product for 14 days. LucixJudge Irit Weinberg Notowitz has appointed attorney Shai Bar-Nir to submit a report on the company’s status within ten days. “It appears that there is a need to appoint an…
-
Lululemon stock remains attractive despite Stifel’s cautious shares target update By Investing.com
•
On Thursday, Stifel, a financial services company, revised its price target for lululemon athletica (NASDAQ:) shares, lowering the previous target price of $416 to $370. Despite the price target cut, the company continues to recommend a Buy rating on the stock. This revision reflects a cautious stance on the company’s…
-
TD Bank swings to quarterly loss on $2.6 billion provision tied to US probe
•
(Reuters) – TD Bank Inc posted a quarterly loss on Thursday after Canada’s second-largest bank set aside C$3.57 billion ($2.63 billion) for fines related to U.S. regulatory probes into its anti-money laundering program. The U.S. regulatory investigations into the bank have been a major drag on TD shares over the…
-
RFK Jr. reportedly planning to drop out of presidential race, endorse Trump
•
Brandon Bell/Getty Images News Robert F. Kennedy Jr. is likely to end his independent presidential campaign and endorse Republican nominee Donald Trump, according to two sources familiar with the plans. NBC News. Kennedy’s plans are expected to become clearer by the end of the week, with one of the announcements…
-
Russian users get locked out of Telegram and WhatsApp as Moscow intensifies internet censorship
•
Russia’s communications watchdog Roskomnadzor said messaging services Telegram and WhatsApp suffered a brief major outage in Russia on Wednesday, attributing it to a cyberattack. Users from both platforms reported a spike in server connection issues starting around 2 p.m. Moscow time (1100 GMT), according to monitoring sites. Russia’s communications watchdog…
-
Maasai Mara seeks to recover Sh215m from ex-VC Walingo
•
Maasai Mara University has filed a lawsuit seeking to recover Sh215 million from its former vice chancellor, Mary Walengo, whom it accuses of obtaining the money through corruption. In a suit filed at the High Court in Narok, the university alleges that between June 2017 and September 2019, Professor Walengo…
-
Female business owners offered £18,000 business boost with Virgin StartUp and Fiverr
•
Businesses looking to scale their business have been given the chance to win £18,000 in business support as part of a competition that will see them pitch their business to a live audience in front of a panel of experienced female investors, including Holly Branson. Women’s Institutions Competition It is…
-
Bitget Adds Support for PayPal (PYUSD) Stablecoin on Solana Blockchain
•
Article Content VICTORIA, Seychelles, August 22, 2024 (GLOBE NEWSWIRE) — PetgettLeading cryptocurrency exchange and Web3 company adds trading support for PayPalBYUD A stablecoin on the Solana blockchain, increasing the availability of cross-chain tokens. This allows for seamless transactions of PYUSD on both the Solana and Ethereum networks, making it easier…
-
Even when it calms down foreign airlines won’t return
•
Fifteen foreign airlines have suspended flights to Israel over the past month, leaving passengers almost entirely dependent on Israeli carriers. El Al Israel Airlines Ltd. (level:Ilal), Israel (TASE: ISRG), and every dayBut Israelis were surprised to discover that the prices charged by Israeli airlines had increased compared to the corresponding…
-
Indian Bank Officer Arrested for Alleged Involvement in Money Laundering Scheme
•
Chandigarh, August 22, 2024: A disturbing case has surfaced in the banking sector, as an officer from Indian Bank’s Sector 17B branch in Chandigarh has been arrested for his alleged involvement in a money laundering scheme. The officer, Mr. Avinash Kumar, who was responsible for promoting the opening of savings…
-
US urges Japan to name disaster relief hub task force members By Reuters
•
By Tim Kelly TOKYO (Reuters) – The United States called on Japan on Wednesday to name its representatives to a joint task force that will determine the location and resources of a humanitarian aid and disaster relief center they have agreed to establish in Japan. In letters seen by Reuters…
-
Wolfspeed forecasts weak first-quarter revenue on manufacturing issues
•
(Reuters) – Wolfspeed Corp on Wednesday forecast lower-than-expected first-quarter revenue, anticipating manufacturing issues that could impact its production capacity amid slowing sales of electric vehicles. However, shares of the chipmaker rose about 6% in extended trading, as CEO Greg Lowe said the company continues to see strong growth from its…
-
Crude oil futures settle at lowest since January; gasoline hits new 52-week low
•
SlavkoSereda/iStock via Getty Images Crude oil futures fell for a fourth straight session on Wednesday, as a downward revision to U.S. jobs data outweighed a rally driven by a larger-than-expected drawdown in U.S. crude inventories. The United States added 818,000 fewer jobs than previously reported. From April 2023 to March…
-
Former executive risks 40 years in prison after allegedly doling out cash bribes at hotels, airports, and in a parking lot
•
Former Vitol oil trader Javier Aguilar faces up to 40 years in prison and will forfeit more than $7.1 million in two U.S. bribery cases after pleading guilty in federal court. Aguilar, 50, had already been convicted in Brooklyn, New York, in February of orchestrating a complex scheme to bribe…
-
Entrepreneurs turn to pawnbrokers as banks tighten business lending
•
As traditional banks tighten lending standards, a growing number of UK entrepreneurs are turning to pawnshops for vital funding. H&T, Britain’s largest mortgage lender, has reported a rise in the number of small business owners, including shopkeepers and builders, pledging personal jewellery and watches for loans. Chris Gillespie, chief executive…