Category: News
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S&P 500, Nasdaq post sharpest weekly losses since April amid tech rout
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U.S. stocks fell on Friday as more details emerged about a global IT outage and major averages failed to recover from a selloff that saw the Dow Jones snap a winning streak. The S&P 500 (^GSPC) fell 0.7%, while the tech-heavy Nasdaq Composite (^IXIC) fell 0.8%. Both the Nasdaq and…
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Forexlive Americas FX news wrap: Something of a ‘sell everything’ day
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Markets: US Dollar Advances, NZD Lags West Texas Intermediate crude oil fell $2.53 to $80.29 a barrel. US 10-year Treasury yields rise 5.3 basis points to 4.24% Gold falls $46 to $2,399 S&P 500 down 0.7% There’s nowhere to hide today as stocks, bonds, commodities and precious metals all plunge.…
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Stock Market News Today: Markets post worst week since mid-April (SP500)
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Wall Street on Friday posted its worst week since mid-April, as the exodus from technology stocks continued over the past few days, sparked by Thursday’s consumer inflation report. The technology-heavy Nasdaq Composite Index (Compound: Indian) I recorded the first three days A losing streak since June 24, Decrease by 0.81%…
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J.D. Vance’s Venmo shows ties to group behind Project 2025
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In recent years, public government officials’ Venmo accounts have brought a string of embarrassing news stories to a member of Congress, a Supreme Court justice, and even the current president of the United States. But despite these cautionary tales, Republican vice presidential candidate J.D. Vance has become the latest politician…
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Safaricom records highest ever data traffic for streaming Euro finals
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Safaricom reported record data traffic on Sunday, at the height of the finals of two major continental tournaments in Europe and America – with many Kenyans opting to live stream matches on mobile phones and tablets. The telecom company’s disclosures indicate that data traffic flowing through its network during the…
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HMRC gains only £14.4m in extra tax from insolvencies since regaining preferential creditor status
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HMRC has collected an extra £14.4m in tax from insolvency cases over the two tax years to 2023 since regaining its “preferential creditor” status. The preferential status known as “coronavirus preference” was reinstated for HMRC in December 2020, giving it priority in recovering tax owed from insolvent businesses ahead of…
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MediWound raises $25m, acquisition still possible
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Israeli biopharmaceutical company Midwind MDWD (Nasdaq: MDWD), a developer of products for the treatment of burns and wounds, announced that it has raised $25 million in a private placement led by Swedish company Mölnlycke Health Care, a global leader in wound care. Over the past few weeks, MediWound’s stock price…
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NANO Nuclear Energy Signs Memorandum of Understanding with Everstar AI to Leverage its Suite of New AI Tools to Modernize the Nuclear Regulatory & Licensing Process
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Everstar’s AI-powered services have the potential to save significant time and resources by transforming the way licensing and regulatory processes are handled. NEW YORK, N.Y., July 19, 2024 (GLOBE NEWSWIRE) — Nano Nuclear Energy, Inc. (Nasdaq: NNE) (Nano Nuclear Energy), announced today that it has Everstar Nuclear Energy, a vertically…
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Dow slips in wake of global outage
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U.S. stocks fell on Friday as concerns about a global IT outage eased, with Wall Street looking to recover from a selloff that saw the Dow Jones Industrial Average snap a winning streak and technology stocks continue to slide. The Dow Jones Industrial Average (^DJI) fell 0.2%, after the blue-chip…
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Agenus stock cut at Baird on FDA feedback (NASDAQ:AGEN)
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George Clerc After falling nearly 60% in the previous session, Agenus shares (NASDAQ: Agen) Decreased by ~5% Shares of Baird fell Friday after the company downgraded its rating, citing FDA reactions to its colorectal cancer treatment combination BOT/BAL that led to selling. After meeting with Food and Drug Administration, Agnusan…
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Cloudstrike—massive IT outage is not cyberattack
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A major internet outage affecting Microsoft has disrupted flights, banks, media outlets and businesses around the world, with problems lasting hours after the tech company said it was gradually working to fix an issue affecting access to Microsoft 365 apps and services. Airlines and airports in the United States, Europe,…
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Home loans defaults hit record Sh40bn on interest rates rise
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The value of non-performing mortgage loans in Kenya reached a record high of Sh40 billion in December 2023 on the back of high interest rates and tough economic conditions faced by borrowers. The value of non-performing loans (NPLs) by mortgage lenders rose by eight per cent or Sh3 billion last…
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Guido Ampollini, founder and CEO GA Agency
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Have you thought about using global languages to boost your customers’ search engine? In 2010, Guido worked in Expedia’s search marketing department in London, covering the EMEA market. What he learned there was the importance of having a different strategy for each country with native language specialists. So, over the…
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BlackRock® Canada Announces July Cash Distributions for the iShares® ETFs
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هذا القسم هو محتوى الشراكة المقدم تم توفير المحتوى الموجود في هذا القسم من قبل GlobeNewswire لأغراض توزيع البيانات الصحفية نيابة عن عملائها. لم تقم Postmedia بمراجعة المحتوى. بواسطة جلوب نيوزواير روابط مسار الفتات الخبز جلوب نيوزواير مؤلف المقال : نُشرت في 19 يوليو 2024 • آخر تحديث منذ 8…
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Centerbridge and Gallatin sell control of Phoenix
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Phoenix Holdings, Israel’s largest insurance and finance company (TASE: PHOE), informed the Tel Aviv Stock Exchange (TASE) that its controlling shareholders Centerbridge Partners and Gallatin Point (31.45%) are selling most of their stake. Centerbridge and Gallatin are selling 21.5% of Phoenix for NIS 2 billion to other investors at NIS…
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Centerbridge and Gallatin sell control of Phoenix
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Phoenix Holdings, Israel’s largest insurance and finance company (TASE: PHOE), informed the Tel Aviv Stock Exchange (TASE) that its controlling shareholders Centerbridge Partners and Gallatin Point (31.45%) are selling most of their stake. Centerbridge and Gallatin are selling 21.5% of Phoenix for NIS 2 billion to other investors at NIS…
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Major U.S. carriers including American, UAL ground flights citing comms issue By Reuters
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Microsoft said early Friday that an outage of its cloud services in the central United States had been resolved after it led to the grounding and cancellation of several flights. Low-cost carriers Frontier Airlines, a unit of Frontier Holdings, Allegiant and Sun Country, have reported disruptions that have affected operations.…
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Chinese Investors Dump Record Amount of US Stocks and Bonds
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(Bloomberg) — Chinese investors sold a record amount of U.S. stocks and bonds in May as diplomatic tensions between the world’s two largest economies rose. Most Read from Bloomberg According to the latest data released by the U.S. Treasury Department on Thursday, funds in the Asian country sold $42.6 billion…
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Euronet misses top-line and bottom-line estimates; reaffirms FY24 EPS growth outlook
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Press release from Euronet (NASDAQ: EFT): Non-GAAP EPS for the second quarter was $2.25. Error by $0.04. Revenue of $986.2 million (+5.0% year-over-year) Fails by $23.8 million. Adjusted EBITDA was $178.2 million, an increase of 7% compared to $165.8 million (up 10% on a constant currency basis). Cash and Euronet…
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Russian duo confess to cyber heist that forced $500 million in ransom payments
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Two Russian nationals have pleaded guilty to their roles in ransomware attacks in the United States, Asia, Europe and Africa on behalf of the notorious hacking gang known as LockBit. Ruslan Magomedovich Astamirov And Mikhail Vasiliev They admitted to helping spread the ransomware variant, which first appeared in 2020. It…