Category: News
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Top 6 considerations when trading Forex
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Foreign exchange trading, or Forex, can be a highly profitable endeavor, but it also comes with significant risks. As the world’s largest financial market, Forex trading involves buying and selling currencies in pairs, such as EUR/USD or GBP/JPY, and profiting from fluctuations in exchange rates. Success in forex trading requires…
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Britons Curb Spending Despite Drop in Grocery Inflation, Reports Kantar
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Britons have cut back on their supermarket shopping and traditional summer purchases due to recent bad weather, despite a further decline in grocery price inflation, according to a report by Kantar. In the four weeks to June 9, supermarket prices were 2.1% higher than a year ago, down from the…
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Nikkiso Clean Energy & Industrial Gases Group to Deliver around Two Dozen Liquid-Based Hydrogen Stations in South Korea
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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 19, 2024 • 2 min…
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Israelis shun France, Turkey for vacations in Greece, Balkans
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Every summer, airlines increase the frequency of their flights to popular holiday destinations for Israelis. This year, since the war and Iranian missile attack, international airlines have cut or stopped flights to and from Israel entirely, and it is not clear when they will return to their regular schedules. However,…
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EV startup Fisker’s U.S. units file for bankruptcy By Reuters
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(Reuters) – Electric vehicle startup Fisker, which filed for Chapter 11 protection earlier this week, said its U.S. units also filed for bankruptcy in a Delaware court on Wednesday. Fisker Inc (OTC:) and its other US subsidiaries said they have entered Chapter 11, adding that discussions about selling assets are…
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Is SoFi Technologies a Millionaire-Maker Stock?
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Sophie techniques (Nasdaq: SOFI) is a fintech startup aiming to change the way Americans manage their finances. It is leading efforts towards a seamless digital banking experience and has attracted millions of customers. But after SoFi stock soared in 2023, it’s falling this year. Is he in the deal zone…
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Austrian heiress Marlene Engelhorn just wrote away her $27 million fortune
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When Marilyn Engelhorn reached her multi-million dollar fortune, she wasn’t sure what to do about it. Her fortune, which she inherited from the founder of German chemical company BASF Friedrich Engelhorn, also conflicted with some of the causes she led, such as Such as TaxMeNowa group aimed at combating wealth…
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Winners and losers in President Ruto tax trade-off plan
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MPs have proposed an increase in fuel, import and railway development duties as well as an increase in tariffs on gambling to compensate for the abandonment of a range of controversial taxes on bread and cars in this year’s Finance Bill. The National Assembly Finance and Planning Committee’s proposal will…
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Biffa Sues Scottish Ministers for £200m Over Failed Bottle Deposit Scheme
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Biffa Waste Services Ltd has launched legal action to recover nearly £200 million from Scottish ministers, citing significant losses from investment in the government’s aborted bottle recycling scheme. The company’s legal team brought suit in the Court of Session, Scotland’s highest civil court, seeking to recover a £150m loss incurred…
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Europe’s Gas Traders Are Watching These Five Drivers This Summer
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Breadcrumb links BMN Business Summer used to be a slow season for the gas market in Europe, but for the third year in a row, it has become tense. Article writer: Bloomberg News Anna Shiraevskaya Posted on June 19, 2024 • 3 minutes read You can save this article by…
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Rapyd to lay off 30 and replace them overseas
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Israeli digital payments company quickly The company is laying off 30 employees, representing about 4% of its 790-employee workforce. Most of those fired are programmers, according to a source familiar with the details. Those who are fired will be replaced by teams in Eastern Europe, South Africa and elsewhere where…
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1 Wall Street Analyst Thinks Nvidia Stock Is Going to $160. Is It a Buy Around $130?
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One of the big debates among Wall Streeters lately has been about how far that limit should be Nvidia (Nasdaq: NVDA) Inventory can be run. A new report from an analyst leads the charge on how far the stock has risen. Susquehanna Senior Semiconductor Analyst Chris Rowland only He raised…
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Crude oil climbs to highest since April on rising geopolitical risks (NYSEARCA:USO)
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Slavko Sereda/iStock via Getty Images Crude oil futures posted back-to-back gains to settle at a seven-week high on Tuesday, with geopolitics returning to influence markets with renewed ship attacks in the Red Sea and Ukrainian drone attacks on Russian ships. Oil and energy infrastructure. Prices rose after a Ukrainian drone…
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Boeing CEO Dave Calhoun denies culture of retaliation against whistleblowers at Senate hearing
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Embattled Boeing CEO Dave Calhoun spent two hours Tuesday trying to convince largely skeptical senators that the embattled planemaker has been committed to safety since two deadly crashes six years ago. Democratic and Republican lawmakers alike grilled Calhoun at a Senate Permanent Subcommittee on Investigations hearing about a series of…
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KRA pursues directors, traders in Sh67m tax evasion scheme
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Twenty suspects, including directors of five companies, face various tax fraud charges, including a missing tax evasion scheme. The Kenya Revenue Authority (KRA) said its investigations revealed that 15 individuals and five companies committed various tax evasion offenses with a total tax implication of Sh66.7 million. In a missing merchant…
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Earn outs explained
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Earnings are a purchase price adjustment mechanism commonly used when buying and selling a business where the buyer wants to make a portion of the purchase price contingent on the company’s performance after completion over a period of 1 to 3 years. . This can be any type of performance…
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NioBay Applauds Phosphorous Critical Minerals Classification
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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 18, 2024 • Last updated…