Category: News
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Booming Turkish TV drama industry captures hearts and minds worldwide and boosts tourism
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Breadcrumbs Path Links BMW PMN Business Article author: Associated Press Robert Badendick Published on July 12, 2024 • Read for 5 minutes You can save this article by registering for free here. Or log in if you have an account. Article Content ISTANBUL (AP) — Under Turkey’s blazing sun, tourists…
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Mortgage taking in Israel fell in June
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Mortgage takings last month fell slightly compared to May, but were 18% higher than in June 2023, the Bank of Israel reported. Mortgage loans granted in Israel in June 2024 fell slightly compared to May, despite estimates from senior banking officials who expected another increase in June, supporting the trend…
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“LEQEMBI” Lecanemab) Approved for the Treatment of Alzheimer’s Disease in Israel By Investing.com
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TOKYO and CAMBRIDGE, Mass., July 12, 2024 – (JCN NewsWire) – Eisai Co., Ltd. (OTC:) and Biogen Co., Ltd. (NASDAQ:) today announced the approval of the beta-amyloid (Aβ)-degrading monoclonal antibody “LEQEMBI” (generic name: lecanemab) in Israel as a treatment for Alzheimer’s disease (AD). Treatment with LEQEMBI should be initiated in…
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Stock splits can be rocket fuel for a company’s shares. Here’s who could be next.
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iStock; Rebecca Zisser / P MicroStrategy announced a 10-for-1 stock split, with its shares hitting $1,340. Record high prices for stocks popular with investors have led to a boom in stock splits this year. A group of companies with stock prices above $500 could be candidates for a split, a…
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Crude oil edges higher as U.S. inflation reading bolsters rate cut hopes (NYSEARCA:USO)
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SlavkoSereda/iStock via Getty Images Crude oil futures rose for a second straight session on Thursday, as a weaker-than-expected reading on U.S. inflation was seen increasing the chances of a September interest rate cut by the Federal Reserve. The US government announced that the consumer price index fell. The U.S. inflation…
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Why court declined to temporarily suspend the housing levy
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The Supreme Court declined to temporarily suspend parts of the Affordable Housing Act, including the collection of the housing tax, saying the public interest favored allowing the law to run until the petitions were decided. A three-judge panel said laws enacted by parliament have a presumption of constitutionality and the…
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Heathrow forced into bigger cut of passenger landing fees
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Heathrow Airport has been forced to cut the landing fees it charges airlines after the competition regulator intervened. The Civil Aviation Authority has announced that the maximum landing fee will be set at around £23.73 per passenger next year and £23.71 in 2026, about 6% lower than initially expected. In…
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Chinese Carmakers Try to Win Over British Racing Fans
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Breadcrumbs Path Links PMN Business Every summer, more than 200,000 car enthusiasts make the pilgrimage to Britain’s Goodwood Festival of Speed near the south coast to watch fast cars roar through clouds of smoke. Article author: Bloomberg News Jimmy Nemo Published on July 11, 2024 • Read for 3 minutes…
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Israeli unmanned sub seen deployed against Iran
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Israel is investing in developing underwater weapons to counter Iran, such as the ZM (Military ZoneAccording to the report, some of the systems are operational, others are undergoing testing, and among the most prominent elements is the BlueWhale unmanned submarine from Israel Aerospace Industries (IAI). The ship was developed by…
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Sintx Technologies halts at-the-market stock offering By Investing.com
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Sintx Technologies, Inc. (NASDAQ: ), a surgical and medical instrument company, announced the termination of its offering of common stock effective March 22, 2024. The company previously entered into a stock distribution agreement with Maxim Group LLC in February 2021, which was amended in January and October 2023, allowing for…
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Stock Rotation Hits Megacaps on Bets Fed Will Cut: Markets Wrap
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(Bloomberg) — Wall Street traders betting the Federal Reserve will be able to cut rates soon sent bond yields tumbling — while driving a big rotation out of the tech megacaps that have powered the bull market in stocks. Most Read from Bloomberg Further signs that inflation is slowing down…
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Marathon Oil reaches $241M settlement over North Dakota environmental violations
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sharply_done/E+ via Getty Images The Biden administration said on Thursday that it $241.5 million settlement reached With Marathon Oil (New York:MRO) regarding alleged air quality violations at the company’s operations on the Fort Berthold Indian Reservation in North Dakota. US Environmental Protection Agency and Department of Justice He said the…
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Texas chip brand hit with lawsuit after the death of a child in Massachusetts
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A lawsuit was filed Thursday in the case of a Massachusetts teen who died after participating in the spicy tortilla chip challenge on social media. Harris Woolopah, a 10th grader from Worcester, died on September 1, 2023, after eating Paki chips as part of the manufacturer’s “One Chip Challenge”. A…
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Tesla delays robotaxi launch to October from August, Bloomberg News reports By Reuters
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Tesla Inc. has delayed the launch of a robotaxi by about two months until October after the design team was asked to redesign some elements of the vehicle, Bloomberg News reported on Thursday, citing people familiar with the decision. Shares of Tesla (NASDAQ:TSLA), which is betting on self-driving vehicles over…
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President Ruto fires entire Cabinet
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President William Ruto has sacked all cabinet ministers and Attorney General Justin Muturi in response to youth-led anti-government protests. Only Prime Minister Musalia Mudavadi, who is also the Minister of Foreign Affairs, escaped punishment. “After careful consideration and listening to what the people of Kenya have said and after a…
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Millions of people not working is ‘unacceptable’ says Labour
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The new Labour government is taking a tough stance on rising unemployment in the UK. Liz Kendall, the Work and Pensions Secretary, has described current unemployment levels as “unacceptable” and proposed several measures to address the issue. These measures include the introduction of a national jobs and careers service aimed…
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“Globes” ranks WhatsApp as Israel’s top 2024 brand
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Global brand WhatsApp has been named the best brand of 2024 in Globes’ annual brand index, beating out major brands like Google, Netflix, Coca-Cola and Bamba. The brand has always been more than just a messaging app, owned by Meta. It’s a social network used by 98% of Israelis, according…
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Oil steadies as investors weigh mixed demand signals By Reuters
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By Robert Harvey and Arunima Kumar LONDON (Reuters) – Oil prices steadied on Thursday, with benchmark crude holding above $85 a barrel as investors weighed a bleak demand growth outlook from the International Energy Agency and signs of growing U.S. consumption. Brent crude futures were up 1 cent, or 0.01…