Category: News
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Lufthansa sees earnings slump in third quarter as costs rise By Reuters
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By Ilona Wiesenbach, Joanna Plosinska, and Rachel Moore BERLIN/LONDON (Reuters) – Lufthansa warned on Wednesday of a drop in third-quarter profit as the German airline group faces higher wage costs and pressure on ticket prices, pointing to tougher market conditions in the aviation sector. Airfare prices in Europe and Asia…
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2 Key Indicators Are Flashing That Could Point to a Major Stock Market Move
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For thousands of years, humans have tried to interpret signs in an attempt to know what the future holds. Star gazing, palm reading, tarot cards, and tea leaves are just some of the methods used. Such efforts are considered superstitious by many investors today. However, some investors believe that certain…
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Flight refunds: Pete Buttigieg urges airline CEOs to comply with new law
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City Rat/iStock via Getty Images Transportation Secretary Pete Buttigieg reminded the CEOs of the 10 largest U.S. airlines that they are required to provide refunds for canceled or delayed flights under a law passed in May, rejecting an industry request for more refunds. Time to comply. “As we emerge from…
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Here are the top 5 European destinations for Americans heading abroad this summer, but rising costs are putting travel out of reach for many
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More Americans are traveling abroad. More than ever in recorded historyNearly 49 million Americans visited a foreign country last year, with the number of annual travelers increasing by 10 million since 2022 and surpassing pre-COVID-19 levels. This is good news, given that increased restrictions on international travel have caused the…
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Mentoring and coaching: The transformative power these skills in leadership development
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Leaders drive the agenda of an organization. For any organization to perform at its best, it needs well-equipped leaders. Well-trained and qualified leaders are the ones who bring prosperity. When leadership is defined as influence, it means that the leader has the competencies to achieve his vision, mission, and core…
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Mentoring and coaching: The transformative power these skills in leadership development
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Leaders drive the agenda of an organization. For any organization to perform at its best, it needs well-equipped leaders. Well-trained and qualified leaders are the ones who bring prosperity. When leadership is defined as influence, it means that the leader has the competencies to achieve his vision, mission, and core…
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Labour boosts clean energy funding with record £1.5bn auction
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The Labour government is set to significantly increase funding for clean energy projects, announcing a record £1.5bn for the summer subsidy auction – a 50% increase on previous figures. The push is aimed at revitalising the UK’s clean energy sector after the previous administration failed to secure any new offshore…
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Rubicon Organics Announces Debt Settlement Agreement
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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 July 30, 2024 •…
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China official protests Japan’s negative remarks at meeting with US, Chinese foreign ministry says By Reuters
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BEIJING (Reuters) – A Chinese Foreign Ministry official has expressed diplomatic dissatisfaction to Japan over negative comments made by the Japanese side during a recent meeting with the United States, China’s foreign ministry said in a statement on Wednesday. Liu Jinsong, director-general of Asian affairs at China’s Foreign Ministry, has…
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The market is flashing signs of a dangerous debt bubble with losses that could be ‘contagious,’ economist says
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Getty Images; Alyssa Powell/PA The market faces the risk of a harmful debt bubble, which could spread losses across the financial sector. Economist Dambisa Moyo warns against stocks being overvalued due to AI hype. Moyo highlights the risk of highly leveraged non-performing assets, similar to the 2008 crisis. The stock…
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The market is flashing signs of a dangerous debt bubble with losses that could be ‘contagious,’ economist says
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Getty Images; Alyssa Powell/PA The market faces the risk of a harmful debt bubble, which could spread losses across the financial sector. Economist Dambisa Moyo warns against stocks being overvalued due to AI hype. Moyo highlights the risk of highly leveraged non-performing assets, similar to the 2008 crisis. The stock…
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Pennsylvania casinos sue to declare slot machine taxes unconstitutional—unless electronic games pay up
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The owners of 12 Pennsylvania casinos have asked the state’s highest court to declare a tax on slot machine revenue unconstitutional because the state does not widely impose it on electronic gaming terminals that pay for cash, known as skill games, and which can be found in many bars and…
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The right investment basket – Business Daily
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As a general rule, people prefer to manage their finances on their own. Everyone does it in their own way, regardless of the compelling reasons behind each investment. In general, creating an ideal “investment basket” that suits your personal needs is of utmost importance, hence the importance of seeking investment…
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Labour government presses ahead with non-dom tax reforms
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Non-residents hoping for changes or delays to the new Labour government’s reforms will be disappointed by the UK Treasury’s policy paper released yesterday, according to leading audit, tax and business advisory firm Blick Rothenberg. “Non-residents calling for changes or a delay to the Conservative government’s original proposals will be disappointed,…
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Arch Biopartners Closes Non-Brokered Private Placement
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Article Content TORONTO, July 30, 2024 (GLOBE NEWSWIRE) — Arch Biopartners Limited (“Arch” or the “Company”) (TSE: ARCH and OTCQB: ACHFF) today announced that it has closed the unconsented private placement disclosed in a press release dated July 29, 2024 (the “Offering”). Pursuant to the Offering, Arch issued 400,000 common…
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Arch Biopartners Closes Non-Brokered Private Placement
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Article Content TORONTO, July 30, 2024 (GLOBE NEWSWIRE) — Arch Biopartners Limited (“Arch” or the “Company”) (TSE: ARCH and OTCQB: ACHFF) today announced that it has closed the unconsented private placement disclosed in a press release dated July 29, 2024 (the “Offering”). Pursuant to the Offering, Arch issued 400,000 common…
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Israel targets top Hezbollah commander in Beirut strike
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“The IDF carried out a targeted attack in Beirut against the commander responsible for killing children in Majdal Shams,” the IDF spokesman said. The Israel Defense Forces (IDF) confirmed responsibility for the attack on Beirut on Saturday evening in response to the killing of 12 Druze children in the Golan…
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OpenAI starts roll-out of advanced voice mode to some ChatGPT Plus users By Reuters
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Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some or all of your investment amount, and may not be suitable for all investors. Cryptocurrency prices are highly volatile and may be affected by external factors such as financial, regulatory or political events.…
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Tech Stocks Sink as War Jitters Fuel Rush to Bonds: Markets Wrap
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(Bloomberg) — Stock markets were hammered by a broad selloff in the world’s biggest technology companies ahead of key central bank decisions. Bonds and gold rose as traders rushed to safe havens amid geopolitical risks. Oil remained lower. Most Read from Bloomberg The Israeli military struck Beirut, targeting a Hezbollah…