Category: News
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Artisan AI closes a $7.3M seed round to build AI employees for enterprise
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Artisan AI, a startup that builds AI employees and software for large enterprises, has raised $7.3 million in a round led by Oliver Young, an early investor in Airbnb, Rippling, Revolut, and several other unicorns. Other investors include Sequoia Scout, Y Combinator, Soma Capital, BOND Capital, Anu Hariharan, Paul Daversa,…
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Israel’s GDP jumps but still below pre-war level
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According to the Central Bureau of Statistics’ preliminary estimate, Israel’s GDP rose by an annual rate of 14.1% in the first quarter of 2024, or by 3.3% in the same quarter. This comes after a decline of 21.7% year-on-year in the last quarter of 2023, in which the Iron Sword…
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Initial jobless claims dip to 222,000 last week, but still above estimates By Investing.com
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Investing.com – The number of Americans filing for unemployment benefits for the first time was higher than expected last week, although the number was down from the previous period. In the United States it fell to 222,000 in the week ending May 11, down from an upwardly revised total of…
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Istanbul Pushes Ahead With IPO Plan for $10 Billion Gas Grid
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Breadcrumb links PMN works Istanbul authorities are reviving a plan to privatize the city’s gas network in what could be one of Turkey’s largest initial public offerings ever. Article writer: Bloomberg News Erkan Ersoy Posted on May 16, 2024 • 2 min read You can save this article by registering…
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Carasso to build 3 towers on Tel Aviv head office site
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Earlier this week, the Tel Aviv Local Planning and Building Committee approved a plan for the Reval Street area promoted by the Karasu Group, the company said this morning. The area between Reval, Yagia Kabaim and Yad Harutzim streets is 14 dunams (3.5 acres). Karasu plans to build three towers…
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Okeanis Eco Tankers Corp. “ Key Information relating to Q1 2024 dividend By Investing.com
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Athens, Greece, May 16, 2024 (GLOBE NEWSWIRE) — Okeanis Eco Tankers Corp. announced… (OET or the Company) (NYSE: ECO/OSE: OET), announced today that the Company’s board of directors (the Board of Directors) declared a dividend on its common stock, which is classified as a return of capital for accounting purposes…
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The stock market has peaked and will trade flat for the rest of 2024, Goldman equity chief says
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A stock trader at work at the New York Stock Exchange on February 24, 2020.Johannes Eisele/Getty Images The S&P 500 could trade flat for the rest of the year, says David Kostin, chief U.S. equity strategist at Goldman Sachs. He told Bloomberg TV that the index has already reached Goldman’s…
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Oil turns higher as U.S. inflation cools, crude stocks drop more than expected
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Slavko Sereda/iStock via Getty Images Crude oil futures reversed course to close higher on Wednesday, as US government data showed a slight decline in inflation and a larger-than-expected decline in crude oil inventories. The Consumer Price Index rose 0.3% last month after rising 0.4% in March and February, while the…
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5 ways to change your relationship with sugar
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If pressed to define their relationship with sugar, many people would say, “It’s complicated.” A 2018 study found this 70% of adults in the United States They worry about the amount of sugar they consume, suggesting that many of us experience a toxic inner monologue when presented with cakes, cookies…
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Chinese firm PANG buys four new television frequencies
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Chinese-owned Pan Africa Network Group (PANG) has purchased four new television broadcast frequencies from the Communications Authority of Kenya (CA), expanding its television network coverage in the country. Chinese company StarTimes China Africa Digital TV Media Ltd holds a 93.75 percent stake in PANG, while Excel Magic holds a 6.25…
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DiagnaMed Announces LIFE Offering of up to $650,000
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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 May 15, 2024 • 5 minute…
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April CPI higher than expected
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Israel’s consumer price index rose 0.8% in April, higher than economists’ expectations of 0.6%. In the 12 months to the end of April, inflation rose to 2.8% from 2.7% at the end of March, according to figures released by the Central Bureau of Statistics today. Transportation prices rose 3.4% in…
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Forexlive Americas FX news wrap 15 May: Green grass ahead as CPI/spending is tame
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US CPI, retail sales and New York manufacturing data combined with the CPI falling 0.3%, retail sales showed no gains during the month and New York manufacturing had a weaker day. All of this gave the green light to risky assets as yields fell, stocks rose and the US dollar…
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Floor & Decor EVP sells shares worth over $124k By Investing.com
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Floor & Decor Holdings, Inc. announced (NYSE:FND) announced a recent transaction by one of its senior executives, according to a new filing with the Securities and Exchange Commission. Stephen Alan Denny, executive vice president of store operations for the company, participated in the stock sale on May 13, 2024. Denny…
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Renaissance Technologies bought GameStop, AMC shares, filing says
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NEW YORK (Reuters) – Hedge fund Renaissance Technologies added a new long position in GameStop and significantly increased its position in AMC Entertainment during the first quarter, putting it in a position to profit from the meme stock mania sweeping the U.S. stock market this week. Renaissance added 1,004,958 shares…
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Swiss running shoe brand On, backed by Roger Federer, sprints ahead with $560m quarterly sales
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Swiss-based, New York-listed running shoe company On is on an upward trend. Its distinctive nozzle shoes have become a favorite of runners around the world, even though it has been around for fewer years than some of its peers. The timing couldn’t be better as more people did I turned…
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Lawyers challenges nomination of former MCA as regional court judge
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The Law Society of Kenya (LSK) has challenged the nomination of Zablon Moroka Mukwa as a judge at the East African Court of Justice (EACJ) arguing that the former chamber representative is not qualified for the position. Mr Mukwa, who served as Member of the County Assembly (MCA) for the…
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Brexit Border IT Outages Delay Import of Perishable Items to UK by Up to 20 Hours
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Trucks carrying perishable goods such as meat, cheese and fresh cut flowers from the European Union are facing delays of up to 20 hours at the UK’s busiest Brexit border posts due to a failure in government IT systems. These delays have led to significant disruptions, reducing the shelf life…