Category: News
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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…
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France’s political chaos signals weak government and lower global profile
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France appears to be heading toward political instability after a surprise victory by a left-wing coalition in legislative elections on Sunday, leaving no party able to claim the majority needed to govern. The New Popular Front party — which includes the Socialists and the far-left La France Insoumise — is…
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24 varsity tutors graduate from Microsoft’s AI project
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About 24 lecturers from Kenyan universities have completed an AI training programme by the Microsoft Africa Development Centre (ADC). The 12-week programme, developed and delivered in partnership with Microsoft Leap trainers, benefitted lecturers from Zec University, Kabarak University, Multimedia University, Jomo Kenyatta University of Agriculture and Technology, St. Paul’s University,…
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Avon UK appoints Dragons’ Den star Sara Davies as chief inspiration officer
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Avon UK has announced the appointment of Sarah Davies MBE, renowned entrepreneur and Dragons’ Den investor, as its new Head of Inspiration. This appointment aims to strengthen efforts to help more women launch and grow their own businesses. Addressing Barriers to Women’s Entrepreneurship Recent research by Avon reveals that nearly…
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Groundbreaking Ceremony for EVER @ Heritage Valley with Mayor Amarjeet Sohi
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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: Posted on July 07, 2024 •…
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Israel’s forex reserves fell in June
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The Bank of Israel reported that Israel’s foreign exchange reserves amounted to approximately $210.278 billion at the end of June 2024, a decrease of $232 million from their level at the end of May. The Bank of Israel reported that Israel’s foreign exchange reserves at the end of June 2024…
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US commits to bolstering financial connectivity in Pacific By Reuters
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BRISBANE (Reuters) – The United States is committed to promoting “financial connectivity, investment and integration,” a senior U.S. Treasury official told a Pacific banking meeting in Brisbane on Monday, where financial institutions and government officials are meeting to try to improve banking facilities in the region. The Pacific region is…
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Paramount’s board approves bid by David Ellison’s Skydance Media in sweeping Hollywood deal
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Paramount Pictures is the oldest film studio in Hollywood. (Brian Van Der Brug / Los Angeles Times) Technology billionaire David Ellison’s months-long quest to win control of Paramount Global approached the finish line on Sunday, in a deal that marks a new chapter for the long-suffering media company that is…
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SA Asks: What’s a good alternative stock to Nvidia? (NASDAQ:NVDA)
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David Baker/Getty Images News Nvidia (NASDAQ: NVDAIntel shares are up 154% this year, driven largely by insatiable demand for its graphics processing unit (GPU) chips amid the rise of artificial intelligence technology. But Nvidia isn’t necessarily the only way to take advantage of the chip. It is this food frenzy…
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French left-wing coalition poised for shock victory in legislative election
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The French left-wing coalition that quickly came together to defeat the rising far right in Legislative elections Turkey’s Justice and Development Party (AKP) won the most seats in parliament but fell short of a majority, opinion polls projected on Sunday, a stunning result that threatens to plunge the country into…
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Michael Waweru, the unlikely tax czar who secured Kibaki’s plans
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Michael Waweru, who died yesterday, was known for his unwavering commitment to his duties. As a tax collector, he was a man of principles who carried out his duties with utmost sincerity. Tax evaders, who were once friends of the Commissioner General of the Kenya Revenue Authority, have found a…
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Strategies to navigate potential labour tax changes
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Throughout the general election campaign, Labour officials insisted there were “no plans” to raise taxes beyond the pledges made in their election manifesto. However, given the fragile state of the country’s finances, the wealthy and their advisers are expecting future tax increases now that the party has taken control of…
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‘Meltdown’: A week later, WestJet continues to feel the fallout from mechanics strike
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Breadcrumbs Path Links PMN Business Article author: Canadian Press Christopher Reynolds Posted on July 07, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. WestJet is still feeling the effects of a machinists’ strike a…
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Cabinet approves budget cut, coalition funds left untouched
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The Israeli cabinet today approved a 1% budget cut for all government ministries except the Defense Ministry for the 2024 budget, including NIS 525 million originally earmarked to raise high school teachers’ salaries. The 1% budget cut is intended to finance the continued evacuation of residents in the north and…
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Argentina’s Milei to speak at right-wing Bolsonaro rally in Brazil By Reuters
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Written by Anderson Coelho BALANEIO CAMBORIU, Brazil (Reuters) – Argentine President Javier Milei is set to address a right-wing event in Brazil on Sunday after meeting conservative politicians in the country, potentially straining relations between the neighbors. On Saturday, Milei arrived at the Balneario Camboriu beach resort in southern Brazil,…
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SK On is said to declare ‘emergency’ as EV sales disappoint (NYSE:F)
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Just excellent South Korean electric vehicle battery maker SK ON said it is in a crisis as its customers face weak electric vehicle sales in Europe and the United States, the Financial Times reported on Sunday. CEO Lee Suk Hee The company plans to cut costs as part of “emergency…
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How overbooked flights can let you travel for free and net you thousands
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This could be a scene from an auction house: A Delta flight from Boston to Rome in September was so fully booked that a flight attendant begged passengers, offering them thousands of dollars and a hotel room, to give up their seats in exchange for a voucher and a later…
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Jeff Bezos to divest $5bn of Amazon shares after stock reaches record high
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Amazon.com Inc. founder and CEO Jeff Bezos is set to sell about $5 billion worth of shares in the e-commerce giant, according to a regulatory filing disclosed after market hours on Tuesday. The announcement comes after Amazon stock hit an all-time high of $200.43 during the trading session. The proposed…
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Revolut CEO to sell part of stake in $500 million share sale, Sky News reports By Reuters
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(Reuters) – Nikolai Storonsky, chief executive of British fintech firm Revolut, will sell part of his multibillion-dollar stake in the company as part of a $500 million share sale, Sky News reported on Sunday. The Financial Times reported last month that the digital finance app is working with bankers to…
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Vehicle supply building. Prices are going down. Is it time to buy a new car?
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Breadcrumbs Path Links PMN Retail & Marketing PMN Business BMW cars Article author: Canadian Press Ritika Dubey Posted on July 07, 2024 • Read for 4 minutes You can save this article by registering for free here. Or log in if you have an account. For the first time in…