Category: News
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European Futures Rise Ahead of Key US Indicators: Markets Wrap
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(Bloomberg) — European stock futures rose as traders eyed U.S. inflation data this week and the Federal Reserve’s monetary policy decision. Most read from Bloomberg Futures on the Euro Stoxx 50 rose 0.2% even as most Asian stocks fell. Treasuries crept higher in Asia, while the Bloomberg dollar gauge advanced…
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Commercial real estate crash: NYC office to sell at 67% discount
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A New York City office building owned by a subsidiary of Associated Cos. is set to be sold at a deeply discounted price. Empire Capital Holdings and Namdar Realty Group have agreed to purchase the property at 321 W. 44th St. For less than $50 million, according to people familiar…
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Electricity prices up for first time in six months
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Electricity prices increased by an average of 2.8 percent, or 86 cents per unit, this month, the first increase since January, which is expected to raise the cost of living. In its latest monthly review, the Energy and Petroleum Regulatory Authority (Epra) raised the fuel energy excise (FEC) to Sh3.59…
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Britain Should Celebrate the Wealthy – Not Tax Them Out of the Country
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In many parts of the world, wealth is celebrated and admired. This is especially true in Asia, Africa, and the United States, where the spirit of the “American Dream” fosters the belief that hard work and creativity can lead to wealth. This ambition led the United States to become the…
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President Lula to Speak at FII PRIORITY Rio de Janeiro Summit at the Copacabana Palace Wednesday
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Article content RIO DE JANEIRO, June 11, 2024 (GLOBE NEWSWIRE) — FII is honored to announce that Brazilian President Luiz Inacio Lula da Silva will speak at the inaugural FII Priorities Summit in Latin America in Rio de Janeiro on June 12, marking a significant milestone. Important for the Future…
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President Lula to Speak at FII PRIORITY Rio de Janeiro Summit at the Copacabana Palace Wednesday
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Article content RIO DE JANEIRO, June 11, 2024 (GLOBE NEWSWIRE) — FII is honored to announce that Brazilian President Luiz Inacio Lula da Silva will speak at the inaugural FII Priorities Summit in Latin America in Rio de Janeiro on June 12, marking a significant milestone. Important for the Future…
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Intel suspends work on new Kiryat Gat plant – report
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Intel Corp (Nasdaq: INTC) has told a major infrastructure company in Israel to halt work on a factory expansion in Kiryat Gat. In the past few days, Intel sent messages requesting that the work be postponed, according to a report by Channel 12 News. The name of the company was…
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Here Is My Top Artificial Intelligence (AI) Stock to Buy Right Now (Hint: It’s Not Nvidia)
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Nvidia (Nasdaq: NVDA) It has had an unforgettable success on the stock market since the beginning of 2023. The shares of the company specializing in graphics cards have risen by a whopping 727% in less than 18 months thanks to the insane demand for the chips required for training and…
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U.S. natural gas pulls back after failing to hold above $3 (NYSEARCA:UNG)
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Straja/iStock via Getty Images US natural gas futures rose above $3 for the first time since November before retreating in another choppy session on Monday, failing to sustain initial strong gains on the prospect of increased demand from hot weather that could further exacerbate the problem. Reduce surplus storage in…
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Co-living trailblazer Common Living’s bankruptcy highlights uncertain future for the model
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Common Living, founded in Brooklyn in 2015, was one of the first companies to pioneer a new venture in residential property management: Instead of renting entire units, rooms would be rented to individuals. Utility, Wi-Fi and cleaning costs will be bundled with the rent, and apartments will be fully furnished.…
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Parliament seeks urgent hearing of appeal on tax waivers to Japanese staff, firms
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Parliament has written to the Court of Appeal over delays in hearing a case challenging tax breaks given to Japanese workers and companies. In a letter to the Deputy Registrar of the Court of Appeal, Parliament indicated that the six-month suspension of the ruling repealing Section 13 of the Income…
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How to Keep Your Grass Green Without Harming the Planet
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Eco-friendly lawn care is the way to care for your lawn where none of our activities harm the environment as there is a reduction in carbon footprint and greenhouse gas emissions. Eco-friendly practices are not limited to the type of plants we grow in our garden, but also include lawn…
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Extended power outage that hit Puerto Rico angers and worries many during heat advisories
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Breadcrumb links BMN Business Article writer: Associated Press Murphy Marcus Coral Posted on June 10, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – A power pole with loose cable towers above a house…
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Perion plummets on more Bing changes
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Israeli digital advertising company Perion network (Nasdaq: PERI; TASE: PERI) once again revised its forecasts downward. Two months after announcing that pricing changes made by Microsoft’s Bing search engine had detrimentally impacted the company’s revenue, Perion has now announced that Microsoft Bing is excluding a number of publishers from its…
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Perion plummets on more Bing changes
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Israeli digital advertising company Perion network (Nasdaq: PERI; TASE: PERI) once again revised its forecasts downward. Two months after announcing that pricing changes made by Microsoft’s Bing search engine had detrimentally impacted the company’s revenue, Perion has now announced that Microsoft Bing is excluding a number of publishers from its…
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Bernstein Liebhard LLP Announces that a Securities Class Action Lawsuit Has Been Filed Against Hertz Global Holdings, Inc. By Investing.com
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NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) — Bernstein Liebhard LLP: Do you own or hold stock in Hertz Global Holdings (OTC:), Inc.? (NASDAQ: HTZ)? Did you purchase your shares between April 27, 2023 and April 24, 2024 inclusive? Did you lose money investing in Hertz Global Holdings, Inc.? Do…
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Microsoft initiated at Buy, set for growth even if AI disappoints: New Street Research
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David Ramos/Getty Images News Microsoft (NASDAQ:MSFT) received a Buy rating from New Street Research as the company initiated coverage for the Magnificent Seven member, noting that even if the AI revolution fails to pan out, the company is well positioned to increase earnings in “Low teens for years to come.”…
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Richard Branson unveils succession plan to give Virgin Atlantic to his kids
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Sir Richard Branson may be past retirement age at 73, but the risk-loving businessman shows no sign of slowing down. However, it appears that the Virgin Group CEO is taking matters into his own hands in order to ensure that the crown jewel, Virgin Atlantic, remains in the family long…