Category: News
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Investors react to BOJ decision to keep policy unchanged, trim bonds in future By Reuters
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(Reuters) – The Bank of Japan left interest rates unchanged on Friday but said it would reduce future bond purchases to allow long-term interest rates to move more freely. At the end of the two-day policy meeting, the central bank said it would continue buying government bonds at the current…
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Broadcom is the next stock that could enter the trillion-dollar club, according to Bank of America
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Reuters Bank of America said Broadcom could be the next stock to reach a $1 trillion market cap. The chip maker’s stock is rising after its quarterly profits exceeded estimates. Bank of America said strong sales, debt paydowns and profitable acquisitions should maintain the company’s momentum. Chip maker Broadcom It…
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OPEC rips ‘unrealistic’ and ‘dangerous’ peak oil demand prediction (NYSEARCA:USO)
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Slavko Sereda/iStock via Getty Images Crude oil futures rose on Thursday, finding support in data that pointed to a slowing pace of inflation in the United States, with the May Producer Price Index coming in lower than expected a day after a weak May CPI reading. OPEC President and Secretary…
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Donald Trump aims to entice CEOs with lucrative tax cuts while Biden wants to win them over by vowing to maintain stability
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Former President Donald Trump told an influential group of CEOs that he wants to lower the corporate tax rate he cut while in office, while President Joe Biden’s chief of staff separately told them that the Democratic incumbent’s focus on global alliances would help their businesses. both of them Trump,…
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Adjusting non-taxable benefits a win-win for employees, employers
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The Finance Bill 2024 continues to generate controversy due to its potential impact on the financial well-being of Kenyans. Many have expressed concerns about the imminent burden it imposes on citizens through increased taxes. However, amid this apprehension, the bill offers a ray of relief and hope. One laudable proposal…
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Typhur Sync Quad Smart Wireless Meat Thermometer Review
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Accurate meat thermometers are vital to getting perfectly cooked meals. Today, we’re reviewing the Typhur Sync Quad Smart Wireless Meat Thermometer, A 4-Wireless meat thermometer It promises to elevate your cooking with its advanced features and user-friendly design. This review aims to provide a comprehensive evaluation of the Typhur Sync…
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Crexendo’s chief revenue officer buys $6,200 in company stock By Investing.com
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Growing up ,Inc. (NASDAQ:) Chief Revenue Officer John Brenton recently invested in the company’s stock, purchasing shares worth a total of $6,200. The deal took place on June 11, 2024, signaling a vote of confidence in the telco’s future prospects. According to the most recent filings, Brenton acquired 2,000 shares…
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CFTC’s Christy Goldsmith Romero to be nominated as FDIC chair
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Crebloquin President Joe Biden will nominate Christie Goldsmith Romero to serve as Chairman and Member of the White House Federal Deposit Insurance Corporation. He said Thursday. If confirmed by the Senate, she will succeed Martin Gruenberg, who will step down after leadership Federal Deposit Insurance Corporation (FDIC). About 10 years…
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Instant noodles banned in Denmark for being too spicy
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The Danish Food Regulatory Authority has recalled a brand of instant noodles, declaring the chewy, umami-filled strands to be a health risk, despite no quality control issues. They were so hot. The Danish Veterinary and Food Administration (DVFA) has taken the decision to recall three varieties of popular instant noodle…
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Inside President Ruto’s second Sh3.9 trillion budget – Highlights
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Treasury Cabinet Secretary Njuguna Ndung’u is tabling his second Budget in Parliament, in a tradition marked in East African Community member states. According to the EAC Treaty, Finance ministers of the partner states read their budgets simultaneously in the afternoon of the second Thursday of June. In the Sh3.92 billion…
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Tory Welfare Reforms Cost Working-Age Families Thousands, Pensioners Benefit – Report
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Radical changes to the UK’s social care system implemented by the Conservatives over the past decade have disproportionately benefited pensioners and people on disability benefits, while working-age families face significant financial losses, according to a recent report from the Decision Foundation. The report highlights that the Conservative Party’s 14-year sweep…
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Globex Receives Another $3,000,000 | Financial Post
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Article content Rouyn-Noranda, Quebec, June 13, 2024 (GLOBE NEWSWIRE) — GLOBEX MINING ENTERPRISES INC. (GMX – Toronto Stock Exchange, G1MN – Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz, LS Exchange, TTMzero, Düsseldorf, Quotrix Düsseldorf Stock Exchangespecificand GLBXF – International OTCQX in the US) Globex is pleased to inform shareholders…
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IAI deploys port protection system in Asian country
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Israeli aviation regulations It has completed the deployment of the ELI 3320 Port Guard system to protect critical coastal and marine infrastructure at an Asian port, sources close to the deal told Globes. Port Guard tracks what is happening around the port in all weather conditions and provides local authorities…
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IAC Inc. announces senior finance officer’s departure By Investing.com
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NEW YORK – IAC Corporation (NASDAQ:IAC), a leading computer programming and data processing services company, has announced a major change to its executive team. Eric Bradbury, the Company’s Senior Vice President and Controller, as well as its Chief Accounting Officer, has announced his resignation, effective August 9, 2024, to pursue…
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IAC Inc. announces senior finance officer’s departure By Investing.com
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NEW YORK – IAC Corporation (NASDAQ:IAC), a leading computer programming and data processing services company, has announced a major change to its executive team. Eric Bradbury, the Company’s Senior Vice President and Controller, as well as its Chief Accounting Officer, has announced his resignation, effective August 9, 2024, to pursue…
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Gold Fields cuts production guidance after severe winter weather in Chile (NYSE:GFI)
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Moussa81/iStock via Getty Images gold fields (New York Stock Exchange: GFI) -8.4% Pre-market Thursday after Cut production guidance for the full year Due to worse than expected winter weather in Chile, limiting the intensification of the new Salares Norte project. Gold Fields (GFI) said it now expects production This year…
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CEO Agenda: The secrets of success with Jesper Brodin, CEO of IKEA
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The CEO Agenda offers unique insights into how leaders think, lead, and what keeps them busy in an ever-changing world. We look into the lives, minds and agendas of CEOs at the world’s most famous companies. Jesper Brodin is the CEO of Sweden’s most famous furniture company. Since he took…
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Treasury fears trouble with IMF, debt risks
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The Treasury has intensified its pressure on Parliament to adopt punitive tax measures contained in the draft finance bill, saying it will help narrow Kenya’s budget deficit and reduce the desire to borrow. Principal Treasurer Chris Kipto said the higher taxes and new taxes proposed in the bill were needed…
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Revolut Secures 10-Year Lease in Canary Wharf, Enhancing its Commitment to London
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Leading fintech company Revolut has signed a 10-year lease for office space in the heart of Canary Wharf, marking a major boost to the prestigious financial district. The company will occupy the top four floors of the newly refurbished 30 South Colonnade building, now rebranded as YY London. Subject to…