Category: News
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Olink gains after receiving German approval for sale to Thermo Fisher
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JHVEPhoto/iStock Editorial via Getty Images olink(Nasdaq: OLK) rose 2.8% After obtaining German antitrust approval for its planned sale to Thermo Fisher (New York Stock Exchange: TMO). The German Federal Cartel Office approved the deal on Monday, according to A to publish On the website of the German Antimonopoly Authority. The…
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5 items from this grocery store aisle will help boost your brain health
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Dr. Uma Naidu is a nutritional psychologist, professional chef, and book author This is your brain on food, Dedicated to discussing the crucial relationship between brain health and mental health. “Food can have a powerful impact on our brain health,” she says in a newly released class. Master class About…
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Kenyans relocate to the US at the fastest rate in 10 years
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The number of Kenyans moving to the United States grew at the fastest pace in a decade in 2022, signaling growing opportunities for skilled and semi-skilled labor in the world’s largest economy. Data from the Migration Policy Institute (MPI), an American liberal think tank, indicates that Kenyan immigrants to the…
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Metro Vancouver Properties Corp. provides update with respect to a share consolidation and going private transaction
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Jun 17, 2024 • 9 minute…
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Israel upgrading plutonium in Dimona nuclear reactor – report
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Israel is modernizing its nuclear arsenal, according to the Stockholm International Peace Research Institute (SIPRI). Israel is developing plutonium for its reactor at the nuclear research facility in Dimona, according to the institute’s annual report. Stockholm International Peace Research Institute (SIPRI) on nuclear weapons. The researchers point out in their…
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CSLM Acquisition extends deadline for business combination By Investing.com
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CSLM Acquisition Corp. announced (NASDAQ:CSLM), a special purpose acquisition company, announced the deposit of $70,000 into its trust account. The strategic move, announced Monday, extends the company’s deadline to finalize the business combination until July 18, 2024. The company, also known as a blank check company, has the option to…
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GameStop stock tanks 15% during shareholder meeting as few details on strategy emerge
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GameStop (GME) stock fell as much as 15% during the struggling video game retailer’s annual shareholder meeting on Monday as the company provided few details about its strategy moving forward. Chairman and CEO Ryan Cohen spoke briefly during the upcoming meeting, emphasizing the company’s focus on achieving profitability. “In terms…
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FTC sues Adobe over subscription plans practices
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Update: The story has been updated with comments from Adobe The Federal Trade Commission said Monday that it has filed a lawsuit against Adobe (Nasdaq: Literary) and two of its executives regarding the software maker’s subscription plan practices. Photoshop maker stock It fell 3% to $510.62. The US antitrust watchdog…
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Senator blasts ‘gross financial mismanagement’ at hospital chain that filed for bankruptcy
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A group of Democratic members of Congress, led by Sen. Edward Markey of Massachusetts, is seeking reassurances that workers at hospitals owned by Steward Health Care will have access to protected health care and retirement benefits. Steward said last month he plans to do so Selling all its hospitals After…
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Senator blasts ‘gross financial mismanagement’ at hospital chain that filed for bankruptcy
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A group of Democratic members of Congress, led by Sen. Edward Markey of Massachusetts, is seeking reassurances that workers at hospitals owned by Steward Health Care will have access to protected health care and retirement benefits. Steward said last month he plans to do so Selling all its hospitals After…
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Blow as AfDB exits Nairobi waste power plant project on delays
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The African Development Bank (AfDB) has exited a multi-billion shilling renewable energy project in Nairobi’s Kibera slum due to repeated delays in the procurement of services to kick-start the project. The continental lender had in January 2018 awarded Asticom Kenya Limited a grant of $995,000 (Sh128.8 million at current exchange…
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Summer Job Cuts as Minimum Wage Increase Bites
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The recent increase in the minimum wage is putting significant pressure on employers, leading to a sharp decline in employment in the summer. New figures suggest employers are cutting back on seasonal hiring amid broader concerns about labor shortages in vital sectors of the economy. Data released by the Recruitment…
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Summer Job Cuts as Minimum Wage Increase Bites
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The recent increase in the minimum wage is putting significant pressure on employers, leading to a sharp decline in employment in the summer. New figures suggest employers are cutting back on seasonal hiring amid broader concerns about labor shortages in vital sectors of the economy. Data released by the Recruitment…
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Housing starts in Canada hit highest level in seven months
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Article content Housing starts in Canada jumped to their highest level in seven months, as the country’s two largest provinces ramped up construction of apartments, townhomes and condominiums. Builders began work on 264,506 units annually in May, it said Data released on Monday By Canada Mortgage and Housing Corporation. That…
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Israeli defense cos signed export orders worth record $13b in 2023
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Israeli defense companies signed new export orders worth a record $13.073 billion in 2023, the Defense Ministry’s Directorate for International Defense Cooperation (SIBAT) said. This is the third year in a row that the record has been broken with new orders worth $12.5 billion in 2022, and $11.3 billion in…
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Putin to visit Kim in North Korea on June 18-19 By Reuters
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Written by Jay Faulconbridge and Josh Smith MOSCOW/SEOUL (Reuters) – Russian President Vladimir Putin will visit North Korea on Tuesday and Wednesday, the Kremlin said, a rare visit that highlights Moscow’s growing partnership with the isolated, nuclear-armed state. North Korean leader Kim Jong Un extended an invitation to Putin during…
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Futures pull back as investors await data, Fed comments
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(Reuters) – U.S. stock index futures were mixed in quiet trading on Monday as investors awaited new economic data and comments from Federal Reserve officials for more clarity on monetary policy. S&P 500 futures fell slightly after hitting several record highs the previous week, while the tech-heavy Nasdaq rose as…
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Commodity Roundup: Oil ticks lower as China’s factory output disappoints, gold down
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Energy markets fell on Monday at the start of a holiday-shortened week, following the biggest weekly gain for crude oil in nearly two months, as traders assessed the demand situation and factory production data in China, while the escalating crisis in the Red Sea was on the verge of collapse.…
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Danone, like Swiss competitor Nestle, is doubling down on foods for an aging population
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Danone, the French yoghurt maker in transition, is stepping up investment in nutritious drinks for cancer patients and the elderly, betting that an aging population will boost long-term growth. The medical nutrition unit will be a big part of the next phase of Danone’s recovery efforts, after CEO Antoine de…