Category: News
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Schools need to act now to avoid huge tax liabilities in the future
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A leading VAT expert has called on private schools to review the accounting treatment of pre-paid school fees to avoid huge tax charges later. This comes after news that Labour is planning to introduce measures to combat disruption over proposed VAT legislation for private schools. This would see the party…
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French Far Right Holds Strong Lead Ahead of Vote: What to Watch
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Breadcrumb trail links PMN Business President Emmanuel Macron’s decision three weeks ago to call early elections has upended any semblance of political stability in France and opened the door to the possibility of the formation of the first far-right government in the modern republic. Article writer: Bloomberg News William Horrobin…
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Regulator signals nod for expansion of Leviathan production
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The Petroleum Commissioner at the Ministry of Energy and Infrastructure has indicated to the partners in the Leviathan offshore natural gas field that they will be allowed to significantly expand production, from 12 billion cubic meters to 21 billion cubic meters. This is not yet an export permit, but rather…
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China’s June factory activity contracts again, services slows By Reuters
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By Joe Cash and Ellen Chang BEIJING (Reuters) – China’s manufacturing sector activity fell for the second straight month in June while services activity fell to a five-month low, an official survey showed on Sunday, keeping calls for more stimulus alive as the economy struggles to return to normal. Its…
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Is Bank of America Stock a Buy?
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Since late October of last year, American bank (NYSE: PAC) The index was on a tear, surging 58% after the Federal Reserve signaled a pause in its rate hikes. The stock has rallied significantly as investors price in the pause and potential rate cuts later this year and next, which…
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Supreme Court rulings paring federal regulatory power will impact energy policy
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Pillow The U.S. Supreme Court issued two momentous decisions this week that upend decades of government regulatory frameworks, with profound consequences for environmental and energy policy. First, the Supreme Court ignored the 1984 precedent in the Chevron case v. the Natural Resources Defense Council, which gave federal agencies too much…
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The $4.7 billion ruling against the NFL could shift power between the league and teams
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The NFL has rarely been a loser on the field, but a crushing defeat in an antitrust lawsuit could change the way the world’s richest sports league generates billions of dollars in revenue each year. A Los Angeles jury on Thursday sided with fans who claimed the league conspired with…
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Gary Lineker Scores Big with Podcasts as Football and Elections create a Hattrick of Earnings
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Despite England’s poor start to Euro 2024, the tournament has proven to be a lucrative one for former captain, Gary Lineker. Analysis by media specialists has revealed that the BBC pundit has earned more than £125,000 from his podcast, The Rest Is Football, since England’s opening match against Serbia. The…
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Israeli care intelligence co Sensi.AI raises $31m
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Israeli Sponsorship Intelligence Company Sensi.AI Today, we announced the completion of a $31 million Series B funding round co-led by Zeev Ventures and Insight Partners, with existing investors Entrée Capital, Flint Capital, Jibe Ventures, and Secret Chord Ventures. This latest round brings the company’s total funding to over $53 million.…
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Key Indicators and What Else to Look For By U.Today
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U.Today’s recent price movements have been wild swings, marked by a slight recovery after a decline over the past two weeks. According to market analytics platform Santiment, Bitcoin’s recovery has been short-lived, but there are promising signs that a more significant recovery may be on the horizon. Key indicators Santiment’s…
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1 Ridiculously Cheap Stock to Buy Hand Over Fist Right Now That Was Just Added to the S&P 500
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Once a quarter, Standard & Poor’s 500 The index is subject to rebalancing. Basically, this is a list of requirements that companies must meet in order to be… Qualify and maintain their status as a member of the S&P 500 IndexQuarterly rebalancing ensures that new companies enter the index while…
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Microsoft informs Texas agencies they were exposed in Russia-linked hack (NASDAQ:MSFT)
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lcva2 Microsoft (NASDAQ:MSFTMore than a dozen Texas government agencies and public universities have reported that their emails have been accessed by the Russian state-sponsored hacking group Midnight Blizzard, Bloomberg News reported Friday, citing a person familiar with the matter. Subject. Bloomberg said, according to the source, that the agencies that…
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Nvidia stock buybacks could come from $270 billion ‘cash gusher’
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AI chip leader Nvidia will face an embarrassment of riches in the coming years, and shareholders will be rewarded, a technology analyst has predicted. Ben Raitzes, Managing Director and Head of Technology Research at Melius Research, He told CNBC on Wednesday Jensen Huang’s Nvidia has mastered the “full stack” approach…
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Harrison Muiru: ‘The one question I ask myself as a man in my 40s’
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There’s a phrase I love about Star Trek The movie is about Captain Kirk and the Kobayashi Maru. It goes like this: It’s a test designed to draw conclusions about someone’s character by giving them a losing scenario and how you, as the captain of a spaceship, would handle a…
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Labour Appeals to Tata Steel to Postpone Port Talbot Closure Amid Strike Threat
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Labour politicians are calling on Tata Steel to refrain from making irreversible decisions before next week’s general election. The Indian company recently announced that it plans to accelerate the closure of blast furnaces at its Port Talbot plant due to an impending industrial strike. Tata Steel, Britain’s largest steelmaker, has…
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Fed’s Daly: The PCE data is ‘good news’ but the Fed is not done yet
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High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage also creates additional risk and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and risk tolerance. You may lose some…
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High Court Magnifies Biden’s Misery by Kneecapping Policy Agenda
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Breadcrumbs Path Links PMN Business The U.S. Supreme Court’s sweeping decision to curtail the power of the executive branch, coming hours after President Joe Biden’s poor debate performance, makes it harder for his administration to achieve its biggest political ambitions ahead of the November election. Article author: Bloomberg News Courtney…
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Leumi mortgage chief: Major interest from foreign residents
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“The moment after the security threat is removed, we will see a surge in security,” Uri Yonessi, head of the mortgage department at Bank Leumi, told Globes news editor Bar Lavi, during the “Northern Talk” conference held by Globes and Bank Leumi in Acre. The North is supported by large…
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Peter Schiff Has Some Bad News for Bitcoin ETF Investors By U.Today
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U.Today – Investor and financial commentator Peter Schiff, known for his critical stance, once again expressed a critical opinion on Bitcoin, highlighting its poor performance in the second quarter compared to gold. According to Schiff, Bitcoin’s value fell by more than 15% as it approached the end of the second…