Category: News
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Venezuelans Head to Polls in Test of Commitment to Democracy
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Breadcrumbs Path Links PMN Business For the first time in more than a decade, Venezuelans feel hopeful about a chance at democracy. Article author: Bloomberg News Andreina Itriago Acosta and Patricia Laya Published on July 28, 2024 • Read for 5 minutes You can save this article by registering for…
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Explainer-Is the Hezbollah-Israel conflict about to spiral? By Reuters
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(Reuters) – A deadly missile strike on the occupied Golan Heights has added to fears that Israel and the Iranian-backed Lebanese group Hezbollah could slide into all-out war – something both have previously indicated they want to avoid but also said they are prepared for. Israel said on Sunday it…
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This 11.5%-Yielding Dividend Stock Takes Another Small Step Toward a Stronger Future
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Medical Property Fund (NYSE: MPW) The real estate investment company expanded dramatically when interest rates were low. The real estate investment company took on a large amount of debt to build one of the largest hospital real estate portfolios in the world. This rapid growth allowed the real estate investment…
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This 11.5%-Yielding Dividend Stock Takes Another Small Step Toward a Stronger Future
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Medical Property Fund (NYSE: MPW) The real estate investment company expanded dramatically when interest rates were low. The real estate investment company took on a large amount of debt to build one of the largest hospital real estate portfolios in the world. This rapid growth allowed the real estate investment…
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Fed rate hikes finally squeeze these parts of the economy
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In the year since the Federal Reserve raised interest rates to their highest levels in more than two decades, the central bank has succeeded in easing the pressure on the overheating U.S. economy. But the rise in borrowing costs has also had some unexpected effects. High-income households reap the benefits…
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Which are the best car tyres? Fat tackies or pizza cutters
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All tires of a given diameter come in a variety of sizes, from “fat tires” to “pizza tires.” Wider tires are the dominant choice in terms of design, but beyond that, what are the actual advantages and disadvantages? What factors should determine the choice? –DRG The technical details of different…
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Airbus Clinches 90-Aircraft Deal with flynas at Farnborough Airshow
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On day four of the Farnborough International Airshow, Airbus announced a landmark deal with flynas, Saudi Arabia’s leading low-cost carrier, for 75 A320neo Family aircraft and 15 A330-900s. The deal, which includes 90 aircraft, is the largest in terms of numbers this week. The new aircraft will join flynas’ all-Airbus…
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Scholz Is Failing to Engineer a Liftoff for the German Economy
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Breadcrumbs Path Links PMN Business Germany’s inability to generate real growth is casting a shadow over the economy’s long-term prospects – and over the political hopes of Chancellor Olaf Scholz’s three ruling parties. Article author: Bloomberg News Marilyn Martin Published on July 28, 2024 • Read for 4 minutes You…
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Regulatory risk thought factor in Wiz deal cancellation
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But what prompted cloud security company Waze to pull out of negotiations to acquire the company for $23 billion by Alphabet, Google’s parent company? Presumably, there was no binding agreement between the two parties, and the talks were at a fairly early stage, otherwise Alphabet, as a public company, would…
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How El Chapo’s son helped U.S. arrest fabled narco chief “El Mayo” By Reuters
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Written by Drazen Georgic (Reuters) – As a helicopter flew toward the U.S.-Mexico border on Thursday to cross illegally, U.S. agents rushed to meet it at a small municipal airport near El Paso, Texas, and arrested two men who were part of a Mexican drug lord’s family. The son of…
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Where Will QuantumScape Stock Be in 1 Year?
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Quantum Scape (NYSE: QS) Amazon reported its second-quarter earnings on July 24. Once again, the solid-state battery developer didn’t generate any meaningful revenue because it hadn’t yet commercialized any of its products. Its net loss widened year-over-year to $123 million, or $0.25 per share, missing analysts’ expectations for a two-year…
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Yellen says $3T needed annually to ensure shift to low-carbon global economy (NASDAQ:ICLN)
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GetYourPic/iStock via Getty Images US Treasury Secretary Janet Yellen said on Saturday that the global transition to a low-carbon economy will It requires $3 trillion in new capital every year. By 2050, which is far beyond current funding. Speaking in Brazil after a meeting with G20 finance ministers to discuss…
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Janet Yellen says lowering carbon emissions is ‘greatest economic opportunity’
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U.S. Treasury Secretary Janet Yellen traveled to the mouth of the Amazon River on Saturday, where she made the case that combating climate change would boost economic growth in the region and around the world. The needed shift to reduce carbon emissions is “the greatest economic opportunity of the 21st…
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Angela Kinyua’s love, loss and bold living
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Angela Kinyua enters, her smile like a delicate sword, first to disarm and then to release. She welcomes you, and she welcomes you back. But to carry a certain warmth, she must have felt a certain coldness – and Angela, Montgomery Group’s managing director for East Africa, She stared directly…
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ForexLive European FX news wrap: A bit of respite ahead of the US PCE report
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headlines: Markets: Australian Dollar Advances, Yen Lags During the Day European stocks rise; S&P 500 futures up 0.7% The yield on the 10-year US Treasury note fell 1.9 basis points to 4.236%. Gold rises 0.4% to $2,373.24 West Texas Intermediate crude fell 0.3% to $76.85. Bitcoin price rises 3.0% to…
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Labour Chancellor Rachel Reeves to Unveil £19bn Financial Shortfall and Outline Tax Increase Plans
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Chancellor Rachel Reeves is set to unveil a £19bn deficit in the public finances, paving the way for an expected tax rise in the autumn. The announcement comes as it assesses fiscal challenges inherited from the previous conservative administration. An early audit has revealed “excess pressures” of around £19bn in…
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Fed Is About to Nod at a Rate Cut as Job Growth Moderates
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Breadcrumbs Path Links PMN Business Federal Reserve officials appear poised to cut borrowing costs within months, a move that Chair Jerome Powell may signal next week as risks to the strong but moderate labor market mount. Article author: Bloomberg News Red Pickert Published on July 27, 2024 • Read for…
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Israeli cybersecurity co Dazz raises $50m
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Israeli Unified Security Repair Company It passed Greylock today announced the closing of a $50 million funding round co-led by Cyberstarts, Insight Partners, and Index Ventures. This latest round brings the company’s total raised to $110 million. No valuation was disclosed, with TechCrunch reporting that the funds were raised at…
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Olympics-Athletics-Briton Christie says Lyles’ brash comments could backfire By Reuters
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By Lori Ewing PARIS (Reuters) – Great British runner Linford Christie believes Noah Lyles would be better off letting his races speak for themselves, saying the American’s brash comments are fuelling rivalry between his rivals. Confident Lyles is not shy about achieving his goal of four gold medals at the…
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CrowdStrike vs. Palo Alto Networks
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Organizations around the world rely on cybersecurity to protect against hackers. The extent of that reliance became clear on July 19 when the cybersecurity firm updated its software Crowd Strike (NASDAQ: CRWD) The app contained a bug, causing widespread disruptions to many businesses, including airlines, hospitals and banks. The unexpected…