Category: News
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Lack of jobs severest among 20-24 age group
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The unemployment rate for those between the ages of 20 and 24 rose to 15.6 percent in 2022 from 14.6 percent in 2021, indicating worsening unemployment among young people in a country suffering from a hiring freeze in companies. Data from the Kenya National Bureau of Statistics (KNBS) indicates that…
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Lack of jobs severest among 20-24 age group
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The unemployment rate for those between the ages of 20 and 24 rose to 15.6 percent in 2022 from 14.6 percent in 2021, indicating worsening unemployment among young people in a country suffering from a hiring freeze in companies. Data from the Kenya National Bureau of Statistics (KNBS) indicates that…
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What SMEs should look for to get a fair deal from public sector framework providers
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I was very interested to see Labour’s pledge to support the cause of small and medium-sized enterprises in Britain. As the frontrunner in the election, at least according to opinion polls, it could signal new opportunities for economic growth. On public sector contracts, there will be a guaranteed shortlist for…
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Advantest’s VOICE 2024 Draws Record Attendance in San Diego
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on June 27, 2024 • 4 minutes…
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Advantest’s VOICE 2024 Draws Record Attendance in San Diego
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on June 27, 2024 • 4 minutes…
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Perion lays off 6% of workforce
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Israeli digital advertising company Perion network (Nasdaq: PERI; TASE: PERI) is implementing a simplification plan that will include an estimated 35 layoffs – 6% of the company’s workforce. At the end of 2023, Berion had 561 employees, including 235 in Israel, and today the company has 650 employees. Sources close…
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Modi’s govt calls on Indian state to look into Reuters report on Foxconn hiring By Reuters
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Written by Praveen Paramasivam, Munsif Vengattil and Aditya Kalra BENGALURU (Reuters) – Indian Prime Minister Narendra Modi’s government said on Wednesday it had asked Tamil Nadu state to submit a “detailed report” after a Reuters story revealed that Apple supplier Foxconn had refused to hire married women for iPhone assembly…
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Micron’s Selloff Highlights Risk of Sky-High AI Expectations
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(Bloomberg) — Micron Technology Inc.’s sell-off sent… Yet the results are a fresh reminder to global investors about the risks inherent in bets on AI chip makers. Most read from Bloomberg Days after leading artificial intelligence chip maker Nvidia Corp fell nearly half a trillion dollars, Micron shares fell about…
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Carlyle, KKR win auction for Discover Financial’s $10B student loan portfolio – FT
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JHVEPhoto/iStock Editorial via Getty Images Private equity firm Carlyle (CG) and KKR (KKR) won an auction for Discover Financial’s (NYSE: DFS) $10 Billion Student Loan Book. The private equity firm’s joint bid beat out a competing bid from Sixth Street, BlackRock (BLK) and Canada. Pension Plan Investment Board, with the…
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Your Apple Watch or Fitbit may be a breeding ground for E. coli and staph bacteria. Here’s how to clean your fitness tracker
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Your fitness tracker probably has a dirty little secret, and it’s not about the number of steps you take. Several TikTok users took to the platform to share that they had developed rashes as a result of wearing their smartwatches. Some discovered they had a connection Dermatitiswhich can be uncomfortable…
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PS contradicts Safaricom, Airtel on Internet outage
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An internet outage that hit Kenya on Tuesday at the height of anti-finance bill protests across the country may have been “sabotage”, a senior government official has claimed, adding to the mystery around the incident. Radio and Communications PS Edward Kisianjani said saboteurs may have exploited the demonstrations to discredit…
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Strong networks are key to success for business owners
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There are many great reasons to start a business – research from American Express reveals that many entrepreneurs start their own business to have the freedom to run their business (51%), enjoy a better work-life balance (42%) and feel happier and more fulfilled (38% ). To ensure long-term business sustainability,…
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PyroGenesis Provides Update Regarding Receipt of $4.1 Million Payment
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article author: Posted on June 26, 2024 • 6 minute…
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Palo Alto Networks in talks to lease entire Alon 1 tower
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Cybersecurity giant Palo Alto Networks (Nasdaq: PANW) is expanding and will occupy half of Alon Tower 1 on Yigal Allon Street in Tel Aviv. The company currently occupies 13 floors in Alon Tower 1, one of two identical towers, and recently leased six more floors and is now in talks…
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Why Amazon Stock Popped on Wednesday
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shares Amazon (Nasdaq: AMZN) It rose on Tuesday, adding up to 4.5%. As of 2:10 PM ET, the stock was up 4.1%. There were a couple of stimuli that were sent E-Commerce Titan top. One was a bullish outlook from a Wall Street analyst. The other was a windfall on…
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Arcadium Lithium surges as RBC starts as a buy, driven by strong production growth
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Omedia/E+ via Getty Images arcadium lithium (New York Stock Exchange: Altm) +12.7% In trading on Wednesday, RBC Capital rated the stock a new outperform with a $4 price target, saying the company offers investors “the most vertically integrated and diversified exposure to lithium and chemicals across our coverage.” The RBC…
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Protests at Citigroup HQ over Israel and climate change reach fever pitch
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Citigroup Inc. urged employees not to get drawn into brawls with protesters targeting the bank’s New York headquarters, a sign that a prolonged activist campaign is beginning to affect employees and executives alike. Climate activists have sought to close the entrance to the bank’s main office since early June Video…
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Tax Policies: the good, the bad and the ugly…
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Conservative tax policies do not have the best interests of the country in mind, and Labor’s policies are appalling with no awareness of the social consequences Mr Hunt criticized the inheritance tax as “strongly anti-Tory”, but despite hopes that the Conservative manifesto would abolish the tax, it did not happen.…
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Israel’s Defense Ministry spending NIS 30b on local procurement
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Since the start of the war in October, the Israeli Ministry of Defense has spent NIS 30 billion, including value-added tax, on domestic purchases, according to information from the Defense Ministry’s Production and Procurement Department, seen by Globes. More than half of this amount was spent on defense equipment, ammunition…