Category: News
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Trump pushes to reopen talks on USMCA early, reports WSJ
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Article content The free trade agreement is scheduled to undergo legal review in 2026, but the president is using the threat of tariffs on goods coming from Canada and Mexico to pressure the two countries to start early, people familiar with the matter told the newspaper. Article content Trump is…
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Israeli AI mental healthcare co Eleos raises $60m
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Israeli mental health care company AI Elios health Today it announced the completion of a $60 million Series C funding round led by Greenfield Partners, with participation from existing investors F-Prime Capital, Eight Roads, Menlo Ventures, and ION, and new investors including the Michael & Susan Dell Foundation, Union Tech…
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Palmer Square Arriving in Europe With 3 CLO ETFs
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Europe United States in general US credit-focused asset manager Palmer Square Capital Management will enter European ETFs with three strategies that capture collateralized loan obligations (CLOs). Mission Woods, Kansas-based, said it will look to target European institutional investors with three ETFs in “early 2025,” starting with the introduction of the…
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Trump presidency could divert $33 billion in Chinese investment to UK, claims VC firm
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British venture capital firm Fuel Ventures expects a new wave of Chinese investment to head to the UK – potentially as much as $33 billion – if Donald Trump’s second presidency leads to a sharp decline in Chinese financing of the United States. The company’s forecast comes in the wake…
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Axsome Therapeutics to Report Fourth Quarter and Full Year 2024 Financial Results on February 18
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Article content NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) — Axsome Therapeutics, Inc. announced… (NASDAQ: AXSM), a biopharmaceutical company leading a new era in the treatment of central nervous system (CNS) disorders, today announced that it will report its fourth-quarter and full-year 2024 financial results on Tuesday, February 18, 2025,…
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BoI governor Yaron sees interest rate falling in second half
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Bank of Israel Governor Amir Yaron said in an interview with CNBC at the World Economic Forum in Davos yesterday that inflation in Israel “is still higher than our target, which is between 1% and 3%.” “We expect inflation to rise in the first half of the year, partly because…
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Analysis-Volkswagen seeks new era in Germany with old methods
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Written by Victoria Waldersee and Christina Amann BERLIN (Reuters) – For all its talk of radical change, Volkswagen’s cost-cutting deal in Germany relies heavily on the automaker’s tradition of cooperation between managers and workers, according to details revealed by company sources. That has left some investors and analysts wondering whether…
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Bryan Robson secures partial victory in IR35 dispute with HMRC
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Former England national football team captain Bryan Robson has succeeded in most of his appeal against HMRC over alleged IR35 breaches relating to his work as Manchester United’s global ambassador between 2015/16 and 2020/21. The first-tier tax court upheld Robson’s challenge in four of the six disputed tax years, although…
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SK Hynix’s 30% Gain This Year Under Pressure From Trump Trades
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Breadcrumb links BMN Business South Korea’s SK Hynix shares’ 30% rise this year faces threats, as political issues and valuations push local investors toward companies with a local business focus. Article writer: Bloomberg News Charlotte Yang and Yukyung Lee Posted on January 22, 2025 • 3 minute read You can…
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SK Hynix’s 30% Gain This Year Under Pressure From Trump Trades
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Breadcrumb links BMN Business South Korea’s SK Hynix shares’ 30% rise this year faces threats, as political issues and valuations push local investors toward companies with a local business focus. Article writer: Bloomberg News Charlotte Yang and Yukyung Lee Posted on January 22, 2025 • 3 minute read You can…
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Aaron Frenkel sells 2% Leumi stake
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Israeli businessman Aaron Frenkel sold about 31 million shares in the company Bank Leumi (level: room) (about 2% of the bank’s shares) in a distribution on the market with an estimated value of 1.4 billion shekels. The deal was executed through JP Morgan Bank in Israel. The deal comes about…
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Microsoft relaxes data center grip on OpenAI amid $500 billion joint venture
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Written by Stephen Nellis and Crystal Ho (Reuters) – Microsoft (MSFT) said on Tuesday it had changed some key terms of a deal with OpenAI after the ChatGPT creator announced a joint venture with Oracle (ORCL) and Japan’s SoftBank Group to build up to $500 billion of new artificial intelligence…
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UK jobless rate edges higher as Reeves’s tax rise stalls hiring
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Unemployment rates rose in the UK while the number of job vacancies fell to their lowest level in more than three years, suggesting employers have pulled back on hiring after Chancellor Rachel Reeves’ October budget raised National Insurance contributions. New figures from the Office for National Statistics (ONS) show the…
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Bitget Partners with Kaia Foundation to Foster Mini-Dapp Ecosystem on LINE Messenger
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on January 21, 2025 • 4 minutes…
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IDF chief Halevi resigns over October 7 failures
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The IDF Chief of Staff, Lieutenant-General Herzl Halevy, admitted responsibility for the failure and will step down from his position on March 6. IDF Chief of Staff Lt. Gen. Herzl Halevy today informed Defense Minister Yisrael Katz that he will step down effective March 6. He told Katz: “In recognition…
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SoftBank Joins OpenAI and Oracle in AI Pact Unveiled by Trump
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(Bloomberg) — SoftBank Group Corp., OpenAI and Oracle Corp. are forming a $100 billion joint venture to finance artificial intelligence infrastructure, an effort unveiled with President Donald Trump aimed at accelerating the development of the emerging technology. Most read from Bloomberg “We are starting to have tremendous investments coming into…
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Treasury intervenes in car finance row as billions in compensation hang in the balance
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The Treasury is seeking to intervene in a major High Court case that could drag Britain’s car finance industry into a costly mis-selling crisis on a par with the notorious PPI scandal. Ministers want the court to consider the wider impact on investor confidence in the UK regulatory system and,…
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Wesdome Gold Mines Provides Eagle River Exploration Update; 2024 Program Delivers High-Grade Extensions and New Targets
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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 Jan 21, 2025 • 39 minute…
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300,000 Israeli households have switched electricity suppliers
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Nearly 300,000 households have switched their electricity accounts away from the Israel Electricity Corporation (IEC) as of Monday, January 13, following the electricity reform, which was launched six months ago, Noga Electricity Systems Management, which manages the electricity structure, reported. Electricity in Israel. This number is three times higher than…
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Dow gains 500 points, stocks close near records as Trump holds off on tariffs
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The US dollar (DX=F, DX-Y.NYB) has seen volatility since Donald Trump’s inauguration, retreating from its highest levels in nearly two years as the president failed to enact broad tariffs on his first day in office. The move surprised investors because the emergency order would have allowed for immediate tariff increases…