Category: News
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Iran’s president and foreign minister found dead at site where helicopter crashed
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Iranian President Ebrahim Raisi was killed in a helicopter crash in a mountainous region of the country. The semi-official Mehr News Agency reported that rescuers on Monday found the helicopter carrying the president and other officials, including Foreign Minister Hossein Amir Abdullahian, who also died. The plane crashed on Sunday…
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Safaricom condition throws M-Pesa split push into a spin
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Safaricom has revealed that it will only consider separating its mobile money platform M-Pesa from the rest of its telecommunications business if the move adds value to its investors and customers, signaling a difficult path ahead for the Central Bank of Kenya (CBK) which has been lobbying for the deal.…
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German companies are to increase their investment in the UK
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German companies plan to invest more in people and production in the UK, but more efforts are needed to improve trade after Brexit, says leading business and tax consultancy Blake Rottenberg. Niels Schmidt-Soltau, partner at the firm, said: “A recent survey by the German-British Chamber of Commerce showed that most…
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Sour Patch Kids Oreos? Peeps Pepsi? What’s behind the weird flavors popping up on store shelves
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Breadcrumb links BMN Business Article writer: Associated Press Dee Ann Durbin Posted on May 20, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content Van Leeuwen Ice Cream usually attracts customers with gourmet classics…
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Sour Patch Kids Oreos? Peeps Pepsi? What’s behind the weird flavors popping up on store shelves
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Breadcrumb links BMN Business Article writer: Associated Press Dee Ann Durbin Posted on May 20, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content Van Leeuwen Ice Cream usually attracts customers with gourmet classics…
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ForexLive Asia-Pacific FX news wrap: Gold hit a record high, silver and copper surged also
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Speakers at the Fed on Monday included Bostic, Barr, Waller and Jefferson Iranian official media confirmed that there were no survivors from the helicopter crash The Saudi Crown Prince postpones his visit to Japan ICYMI – China’s benchmark lending rates remained steady: 1-year loan coverage ratio at 3.45% and 5-year…
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Israel’s National Insurance faces an empty purse by 2036
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“In 2036, the fund will be empty, and without additional financing or the return of the funds taken to the state treasury, the National Insurance Corporation will not be able to meet its full obligations,” the Israel National Insurance Corporation’s latest actuarial report states. The date on which the National…
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FPT Software Collaborates with JAL Information Technology to Develop Strategic Aviation IT System By Investing.com
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TOKYO–( BUSINESS WIRE )–FPT Software has signed a Memorandum of Understanding with JAL Information Technology (JIT), a subsidiary of JAL Infotech – a provider of aviation technology solutions and services. For Japan Airlines. This partnership will see the two sides cooperate in developing information technology systems for the aviation and…
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Asian Stocks Rise After US Gains, China Support: Markets Wrap
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(Bloomberg) — Asian stocks were mostly higher in early trading after U.S. stocks hit a new record high amid resilient corporate earnings and as China took steps to shore up its real estate market. Most read from Bloomberg Stocks rose in Australia and Japan, and Hong Kong futures pointed to…
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Asian Stocks Rise After US Gains, China Support: Markets Wrap
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(Bloomberg) — Asian stocks were mostly higher in early trading after U.S. stocks hit a new record high amid resilient corporate earnings and as China took steps to shore up its real estate market. Most read from Bloomberg Stocks rose in Australia and Japan, and Hong Kong futures pointed to…
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SA Roundtable: Are Eli Lilly and Novo Nordisk overvalued? (NYSE:LLY)
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jetcityimage Eli Lilly shares (New York Stock Exchange: LLY) and Novo Nordisk (NVO) in recent months, driven by growing demand for the companies’ weight-loss/diabetes drugs tirzepatide, also known as Mounjaro and Zepbound, and semaglutide, known as Ozempic and Wegovy. more Over the past 12 months, Lilly shares are up 76%…
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SA Roundtable: Are Eli Lilly and Novo Nordisk overvalued? (NYSE:LLY)
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jetcityimage Eli Lilly shares (New York Stock Exchange: LLY) and Novo Nordisk (NVO) in recent months, driven by growing demand for the companies’ weight-loss/diabetes drugs tirzepatide, also known as Mounjaro and Zepbound, and semaglutide, known as Ozempic and Wegovy. more Over the past 12 months, Lilly shares are up 76%…
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The ship that destroyed Baltimore’s Francis Scott Key Bridge will be escorted by up to 5 tugboats as it’s moved to a nearby dock
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18 hours of preparations begin Sunday to refloat the ship that destroyed Baltimore’s Francis Scott Key Bridge and move it to a nearby dock, as officials continue clearing a debris channel that has blocked the city’s harbor for nearly two months. The plan calls for Daly to move under the…
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Inflation ‘Turns UK into Nation of Savers,’ Reports Resolution Foundation
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Inflation has dramatically reshaped the UK economy, steering households towards the highest savings rate in three decades and cutting spending by £50bn, according to the Decision Foundation. In a recent report, the Center for Economic Research highlighted that household consumption contracted more than the decline in real income during the…
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Inflation ‘Turns UK into Nation of Savers,’ Reports Resolution Foundation
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Inflation has dramatically reshaped the UK economy, steering households towards the highest savings rate in three decades and cutting spending by £50bn, according to the Decision Foundation. In a recent report, the Center for Economic Research highlighted that household consumption contracted more than the decline in real income during the…
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Auto theft crisis deepens as insurance claims top $1.5 billion
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Article content Canada’s auto theft crisis is worsening, with insurance claims costs exceeding $1.5 billion for the first time. New data from the Insurance Bureau of Canada (IBC) shows insurance providers handled 49,679 claims related to stolen vehicles in 2023, with costs exceeding $1.54 billion for the year. Overall, the…
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Analytics co Glassbox sold at 57% loss to TASE investors
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Another company from the 2020-2021 technology flotation wave reached the end of the road on the stock exchange with a painful loss for investors. The company in question this time is Glass box (TASE:GLBX), which provides browsing data analytics for websites and smartphone applications. The company stated that it will…
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Robbins Geller Rudman & Dowd LLP Announces that Inari Medical, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit By Investing.com
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SAN DIEGO, May 19, 2024 (GLOBE NEWSWIRE) — Robbins Geller Rudman & Dodd LLP Announces that purchasers of shares of Inari Medical, Inc. (NASDAQ: NARI) common stock between February 24, 2022 and February 28, 2024, including both dates (the Class Period), they have until May 13, 2024 to seek appointment…
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Robbins Geller Rudman & Dowd LLP Announces that Inari Medical, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit By Investing.com
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SAN DIEGO, May 19, 2024 (GLOBE NEWSWIRE) — Robbins Geller Rudman & Dodd LLP Announces that purchasers of shares of Inari Medical, Inc. (NASDAQ: NARI) common stock between February 24, 2022 and February 28, 2024, including both dates (the Class Period), they have until May 13, 2024 to seek appointment…
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Here’s 1 Artificial Intelligence (AI) Stock to Buy in May and Hold Forever
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One of the biggest metrics of the AI revolution is… Microsoft (NASDAQ:MSFT). The Windows developer has launched the AI craze after a major investment in… OpenAI In January 2023. OpenAI is the maker of ChatGPT, a popular large language model (LLM) capable of writing articles, producing code, and even generating…