Category: News
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Asia stocks stutter, euro gains after first round vote in France
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Written by Ankur Banerjee SINGAPORE (Reuters) – Asian stocks fell on Monday as traders weighed the outlook for U.S. interest rates, while the euro rose after the far right won a smaller share of the vote in the first round of a snap election in France than some polls had…
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Alnylam, Lilly, AstraZeneca among best performing pharmas, biotechs in Q2
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Al-Naylam Pharmaceuticals CompanyNasdaq: ALLNEY) The best-performing large-cap company ($30+ billion) was in the pharmaceutical or biotechnology space in the second quarter, Yield ~58.5% In the period. The biotech company’s strong performance was helped significantly in late June when it announced strong pivotal trial results for vutrisiran, a treatment for ATTR…
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Boeing agrees to buy Spirit AeroSystems for $4.7 billion
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Boeing agreed on Sunday to buy Spirit AeroSystems Holdings Inc. for $37.25 a share in an all-stock deal that values the company at $4.7 billion, according to people familiar with the deal. The U.S. planemaker also plans to assume about $3.5 billion of Spirit’s debt as part of the deal,…
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Kenyan online gambling market sees growth with integration of cryptocurrency
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The online gambling market in Kenya is undergoing a major transformation with the integration of cryptocurrencies. This trend opens up new opportunities for both players and operators. Understanding the dynamics behind this shift is crucial to staying ahead of the industry. The rise of cryptocurrency in the online gambling industry…
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MOTORS Acquires Cazoo Brand, Set to Launch Innovative Digital Marketplace
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Used car search platform MOTORS has acquired the Cazoo brand, announcing plans to transform it into a mobile-focused digital marketplace. This strategic move aims to leverage MOTORS’ extensive 15 years of experience to provide a new and innovative car buying experience. In the coming weeks, MOTORS will unveil the all-new…
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Euro Rises as Le Pen’s Party Set for Smaller Victory Than Feared
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Breadcrumb links PMN Business The euro rose as traders digested signs that Marine Le Pen’s far-right party was poised to win the first round of France’s legislative elections by a narrower margin than some opinion polls had suggested. Article author: Bloomberg News Alice Gledhill and Allen Oyamada Posted on June…
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Euro Rises as Le Pen’s Party Set for Smaller Victory Than Feared
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Breadcrumb links PMN Business The euro rose as traders digested signs that Marine Le Pen’s far-right party was poised to win the first round of France’s legislative elections by a narrower margin than some opinion polls had suggested. Article author: Bloomberg News Alice Gledhill and Allen Oyamada Posted on June…
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Shikun & Binui CEO quits, moves to buy control
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In a dramatic development in the Israeli infrastructure and real estate company Shikon and Benoy (TASE: SKBN) CEO Tamer Cohen resigned after being forced to do so by controlling shareholder Nati Sedoff. The company’s board is now meeting to discuss the matter. Cohen plans to form a consortium of investors…
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Trump puts murdered women and girls center stage in anti-immigration drive By Reuters
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By Ted Hesson and Alexandra Ulmer WASHINGTON (Reuters) – Minutes before he took the stage for the first presidential debate on Thursday, Donald Trump received a phone call from the mother of 12-year-old Joselyn Nungaray, who was killed in Houston this month, allegedly by two Venezuelan men who had illegally…
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Is Chipotle a No-Brainer Buy Right After Its 50-for-1 Stock Split? The Answer Might Surprise You.
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The time has finally come. On June 16, shares rose Chipotle Mexican Grill (NYSE: CMG) Closely watched and historically 50 to 1 stock splitThe former four-figure stock price is currently around $65. Management felt this was the right proposal, given the good performance of the restaurant company’s stock. They are…
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France’s elections see strong voter turnout amid uncertain outlook (NYSEARCA:EWQ)
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Sylvain Lefebvre/Getty Images News Large numbers of voters in France went to the polls in the first round of legislative elections called unexpectedly by President Emmanuel Macron this month, the New York Times reported on Sunday. Macron’s move is seen as a political gamble. This may herald the formation of…
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Heavily indebted countries can look just fine until suddenly they don’t, BIS warns
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The Bank for International Settlements has warned that heavily indebted countries are at risk of a sudden loss of confidence, although this risk is hardly recognised in bond markets. The Basel-based institution said in its report: Annual Economic Report On Sunday, the World Bank Group released a report stressing that…
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3 million Kenyans have three days to file tax returns
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About three million Kenyans have not filed their tax returns four days before the June 30 deadline, exposing them to penalties from the Kenya Revenue Authority. KRA data shows that about six million people filed their returns by June 26 against nine million active taxpayers in its database. The number…
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Simply Asset Finance Secures £120m Loan Facility from Bank of America to Boost UK Business Lending
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Simply Asset Finance has announced a major milestone, securing a £120 million loan facility from Bank of America. This new facility, initially set at £60 million with potential to expand to £120 million, will significantly enhance Simply Asset Finance’s ability to finance businesses across the UK. The agreement strengthens Bank…
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What a billion-dollar portfolio manager thinks about fixed income
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Breadcrumb trail links Investor Sandy Liang: In the years since the pandemic, being a bond manager has not been fun, at least for traditional managers. Posted on June 30, 2024 • Last updated 26 minutes ago • 4 minutes read You can save this article by registering for free here.…
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Slice pensions affair takes toll on savers
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NIS 4.3 billion – it is difficult to think about, especially when it comes to the pensions and savings of 105,000 people accumulated over many years. Their access to funds has now been completely blocked, and for thousands of them it is not at all clear whether they will ever…
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France votes in election that could hand power to far right By Reuters
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Written by Mimosa Spencer PARIS (Reuters) – French voters went to the polls on Sunday in the first round of a snap parliamentary election that could produce the country’s first far-right government since World War Two and mark a major change at the heart of the European Union. President Emmanuel…
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Why Nvidia stock is now in treacherous waters: Morning Brief
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This is the summary of today’s morning brief, which you can subscription To be delivered to your inbox every morning with: The weight of high expectations is often a heavy burden to carry. In life, if you are a top performer at work, you are expected to perform at your…
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Finding Your Best Sleep: Lessons learned from guided Headspace course
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I still don’t know how the “Enchanted Moonlight Library” sleep broadcast episode ends. I think that’s the point. The Sleep Podcast is exactly what it sounds like: a podcast aimed at helping you sleep. Or maybe I heard “The End” and never knew it; Head spacea mental health app that…
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Kisspeptin-10 Peptide: An exploration of its potential
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Kisspeptins, a family of compounds encoded by the KISS1 gene, have received considerable attention in the scientific community because of their intriguing potential in many physiological processes. Among these, kisspeptin-10a decapeptide derived from the cleavage of the primary kisspeptin precursor, has emerged as a particularly notable molecule. This article explores…