Category: News
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China’s Plenum Promises Cues for Commodity Bulls and Bears
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Breadcrumbs Path Links PMN Business Chinese commodities markets entered the second half of the year on a downward trend, raising expectations that next week’s major policy meeting in Beijing will show how the government plans to deal with problems related to excess capacity and slumping demand. Article author: Bloomberg News…
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Israel’s fiscal deficit widens further
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The fiscal deficit reached 7.6% of GDP over the past 12 months, according to Finance Ministry Accountant General Yali Rothenberg. According to the Finance Ministry’s General Accountant Yali Rotenberg, Israel’s fiscal deficit widened further in June, reaching 7.6% of GDP over the past 12 months, or NIS 146 billion, up…
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Copa Holdings Announces Second Quarter Financial Results Release Schedule By Investing.com
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Panama City, July 8, 2024 /PR Newswire/ — Cuba Holding, a Saudi joint stock company (NYSE: NYSE:) announces the following events: Q2 2024 Earnings Release date: August 7, 2024 time: After the US market closes This version will be available on our website: https://copa.gcs-web.com/Financial-Information/Quarterly-Results Earnings Conference Call and Webcast date:…
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Why Intel Stock Surged Today
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Intel Corporation (NASDAQ: INTC) Stocks rose in trading on Monday. Semiconductor CompanyAramex shares ended the session up 6.2%, according to data from S&P Global Market Intelligence. Intel shares rose today on positive coverage from an analyst. The chip giant’s stock price also got a boost from excitement surrounding upcoming processors…
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Like EM central banks, DM banks will need to keep rates higher for longer – BlackRock
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Vertigo 3D Some emerging market central banks have paused interest rate cuts due to inflation concerns, and policymakers in developed markets may also find themselves forced to stick with higher interest rates for longer, the BlackRock Investment Institute said. Brazil, Mexico and Poland are among the Emerging markets are the…
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Interest rates be damned: 3 reasons JPMorgan’s commercial banking clients are optimistic about the U.S. economy
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Federal Reserve interest rates, which influence global lending rates, are higher than they have been in 23 years. But that’s not stopping JPMorgan Chase clients from feeling optimistic. In a survey of more than 100 founders and senior business leaders at companies generating up to $2 billion each, more than…
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Court halts Kenya Power’s Sh285m emergency towers purchase tender
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The High Court has ordered Kenya Power and Lighting Company (KPLC) to stop the award of a Sh285 million contract for the procurement of Emergency Restoration Towers (ERTs) and galvanized steel structures for use in premium customer service schemes and various primary and secondary substations. Emergency response systems are structures…
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Impending tax hike looms for Americans in the UK following general elections
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Americans living and working in the UK may face increased tax rates due to the results of the UK general election and the US presidential election in November. “For the Americans, this is the warm-up period before the main event of the US elections in November,” said Alex Street, a…
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Why a Spinach Salad is the Ultimate Superfood Meal this Summer
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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 8, 2024 •…
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BoI Governor: Geopolitical uncertainty has increased
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Bank of Israel Governor Prof. Amir Yaron held a press conference after the Monetary Committee announced this afternoon that it would leave the interest rate unchanged at 4.5%. Yaron said: “Since October 7, we have been in the midst of a protracted war. Geopolitical uncertainty has increased and the risk…
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TSMC Hits $1 Trillion in Market Value on Relentless AI Rally
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(Bloomberg) — Taiwan Semiconductor Manufacturing Co. briefly surpassed $1 trillion in market value after Morgan Stanley joined the list of brokers raising price targets on the chipmaker ahead of its earnings. Most Read from Bloomberg TSMC ADRs jumped 4.8%, touching the milestone after the opening bell in New York on…
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Wolfe downgrades State Street to Underperform on constrained EPS growth
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The brokerage, which set a $73 price target for the asset management firm, said it sees significant upside risks to the stock. Consensus EPS estimates for 2026. Wolf added that the consensus currently points to a significant increase in earnings per share, with earnings per share in 2025 and 2026…
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Sir Keir Starmer’s ‘no work after 6 p.m. on Fridays’ stance praised by leadership experts
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The newly elected leader recently revealed that for years he has been “protecting” that time to spend with his family, including his 16-year-old son and 13-year-old daughter — and has no intention of giving up the habit because, in his eyes, he is a better politician because of it. “I…
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How employers can meet needs of Gen Z workers
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The emergence of Generation Z into the workforce represents a pivotal moment for organizations around the world. Generation Z, like all generations before it, has a unique perspective. They are digital natives who have grown up in an era of rapid technological development and have a strong sense of social…
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Pinterest strengthens UK sales team with key senior hires
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Pinterest is strengthening its UK sales team with two new hires this summer. Caroline Orange-Northy has been appointed retail sales director, while Noreen Mohammed will take on the role of consumer packaged goods sales director. Caroline Orange Northey joins Pinterest from Amazon Ads, where she spent nine years as part…
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Calibre Receives Environmental Approval for Development and Operation of the Volcan Gold Deposit located in the Libertad Mine Complex
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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 8, 2024 •…
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How many people are leaving Israel? No-one really knows
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How many Israelis left Israel last year? A Globes survey of all the bodies that monitor the numbers (the Israel Tax Authority, the Population and Immigration Authority, the National Insurance Institute, and the Central Bureau of Statistics) revealed that none of them really know the answer. What’s more, even when…
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Gilead Sciences stock upgraded by Raymond James on strong growth outlook for new drugs By Investing.com
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On Monday, Raymond James changed its stance on Gilead Sciences Inc. (NASDAQ:GIL) stock, upgrading it from “market perform” to “outperform.” The firm also set a $93.00 price target for the biopharmaceutical company. This update is bolstered by promising data from the PURPOSE-1 study of lenacapavir, a long-acting HIV pre-exposure prophylaxis…
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Stocks Slip With Euro on French Fiscal Concerns: Markets Wrap
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(Bloomberg) — European stocks and the euro fell after the unexpected result of France’s snap election stoked concerns about the country’s deteriorating financial conditions. Most Read from Bloomberg France’s CAC 40 underperformed the pan-European STOXX 600 after a surprise win by a left-wing coalition in French legislative elections. European bonds…
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Paramount Global special committee approves Skydance deal – reports
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mixmotive/iStock Editing via Getty Images Paramount Global Special CommitteeNASDAQ:LThe Board of Directors has approved a deal with Skydance Media. Media reports, including Bloomberg, the Wall Street Journal and the New York Times, said the special committee approved the sale to Skydance on Sunday. Under the deal, Skydance will buy National…