Category: News
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Draganfly Announces Closing of US$2.0 Million Registered Direct Offering
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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 21, 2024 •…
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Ackerstein to build 30-floor tower in Herzliya
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The Herzliya Local Planning and Building Committee has approved a plan put forward by the Ackerstein Group (TASE: ACKR) that would see the Ackerstein House demolished and replaced with a 30-story mixed-use tower containing apartments, offices and commercial space. Beit Ackerstein is located at the northern entrance to the Herzliya…
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Citi added new section on reorganization in quarterly report following US SEC query By Reuters
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(Reuters) – Citigroup Inc added a new section on its multi-year reorganization to its quarterly report to the U.S. Securities and Exchange Commission in August following inquiries from the markets regulator. In its letter to Citi, sent in June and unsealed on Wednesday, the SEC asked the bank to review…
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Forexlive Americas FX news wrap: Non-farm payrolls revisions cut 818,000 jobs
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Markets: Gold falls $2 to $2511 The yield on the 10-year US Treasury note fell 2 basis points to 3.79%. West Texas Intermediate crude fell $1.26 to $71.92. S&P 500 rises 0.4% Sterling advances, dollar lags The weaker dollar was the main theme again, this time with some support as…
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Stocks Up as September Fed Cut Seen as ‘Done Deal’: Markets Wrap
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(Bloomberg) — Stocks rose and bond yields fell as the Federal Reserve’s latest minutes and a big downward revision to U.S. payrolls bolstered bets that officials will cut interest rates in September. Most Read from Bloomberg The S&P 500 is nearing record highs. Treasuries are higher across the curve, driven…
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How investors lost out on 15% of total fund returns over the past 10 years
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“Buy and hold” and “don’t time the market” may be some of the most famous pieces of advice in the investing world, but this common wisdom falls on deaf ears. Want proof? In 2020, panicked investors pulled out half a trillion dollars as the pandemic sent markets into a tailspin,…
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Google Cloud partners with Prudential on AI insurance products
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Google Cloud, the cloud computing arm of Alphabet Inc., has partnered with British insurer Prudential Plc to develop AI-powered insurance products and applications to improve the experience for customers, agents and employees. Google Cloud will support Prudential’s new AI lab with end-to-end solutions, which will see around 15,000 Prudential employees…
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British holidaymakers to face €7 EU visa waiver by next summer
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British tourists planning trips to Europe will soon have to budget for a €7 visa waiver as the EU prepares to introduce the European Travel Information and Authorisation System (ETIAS) by the middle of next year. The EU confirmed that the scheme, which applies to more than 60 countries outside…
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Fall in exports worries Israeli manufacturers
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The Manufacturers Association of Israel expressed concern over figures released earlier this week by the Central Bureau of Statistics, which showed negative per capita growth of 0.4% in the second quarter, while GDP grew by 1.2% year-on-year. Business output fell 1.9% in the second quarter compared to the first quarter…
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Israeli strikes kill dozens in Gaza after Blinken ends visit with truce deal still elusive By Reuters
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Written by Nidal Al-Maghribi and James Mackenzie CAIRO/JERUSALEM (Reuters) – Israeli air strikes across the Gaza Strip killed at least 50 Palestinians in the past 24 hours, Palestinian health authorities said on Wednesday, as the military said its forces continued to target militants and seize weapons and ammunition. As the…
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Meme stocks are surging again, which may be good news for the risk rally: Morning Brief
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This is what I took away from today’s morning briefing, which you can subscription To be delivered to your inbox every morning with: Stock markets are back on the rise after tumbling in early August. In the two weeks following the S&P 500’s August 5 decline, it added $3.7 trillion…
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Tencent-backed ‘Black Myth: Wukong’ makes game history, taking Chinese media by storm
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hapapapa Chinese made game Black Legend: Wukong The game was played on Wednesday by 2.2 million concurrent players on the online gaming platform. steamOne day after its release. The game, developed by Game Science – a Tencent (OTCPK:TCEHY) (OTCPK:TCTZF)-backed startup – is A single-player game based on a legendary Monkey…
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Australia approves project connecting Singapore to Australian solar farm via undersea cable
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Singapore is a small island nation that lacks natural resources and relies on imports for almost everything, including water and energy. About 2,600 miles away is Australia, rich in natural resources and open spaces. Now, a billionaire tech founder wants to use some of Australia’s unused land to give Singapore…
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Banks step up the battle for rich churches’ billions
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Commercial banks are increasingly targeting churches and other religious organisations with financial products in a bid to earn billions of shillings generated through tithes, donations, offerings and investments in sectors such as education, real estate, health and hospitality. A number of banks have moved to enlist religious leaders to lead…
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OpenAI and Condé Nast partner to feature content from Vogue, The New Yorker, and GQ in AI-powered search
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OpenAI, the company behind the popular chatbot ChatGPT, has announced a major partnership with global magazine giant Condé Nast. This multi-year agreement will see content from popular publications like Vogue, The New Yorker, and GQ featured within OpenAI’s platforms, including its newly launched AI-powered search engine, SearchGPT. The deal is…
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BoI governor to PM: Get going on the budget
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Bank of Israel Governor Amir Yaron sent an extraordinary letter to Prime Minister Benjamin Netanyahu, calling on him to make progress in drafting the 2025 state budget. This comes after the budget was not approved by the government as scheduled on August 15, and reports that the government is considering…
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Michelle Obama tells Trump presidency just may be a ‘Black job’ By Reuters
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Written by Stephanie Kelly CHICAGO (Reuters) – Michelle Obama took aim at Republican presidential candidate Donald Trump on Tuesday at the Democratic National Convention, criticizing his character and the racist attacks she and her husband Barack have faced in the past. “His narrow, limited view of the world made him…
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Walmart Is Seeking Up to $3.74 Billion in Sale of JD.com Stake
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(Bloomberg) — Walmart Inc. is seeking to raise as much as $3.74 billion by selling its stake in Chinese e-commerce company JD.com, ending an eight-year partnership in a retail powerhouse now struggling with an economic slowdown and intense competition. Most Read from Bloomberg The U.S. retailer is offering 144.5 million…
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Federal judge derails FTC’s sweeping ban on non-compete agreements
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A federal court in Texas has blocked a new rule from the Federal Trade Commission that states: It would have made it easier. Employees may leave their jobs and work for a competing company. In a ruling issued Tuesday, U.S. District Judge Ada Brown granted a motion for summary judgment…