Category: News
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Fuel prices drop by Sh1 in Epra May review
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Pump prices have fallen by Sh1 per liter in the latest review which will be in effect until the 14th of next month. The Energy and Petroleum Regulatory Authority (Epra) said on Tuesday evening that a liter of diesel fell to Sh179.18 from Sh180.38 while a liter of super petrol…
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Marston’s Optimistic for Euros Summer as Profits Surge
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Pub chain Marston’s has recorded a strong performance in the first half of its financial year on the back of food and drink sales, as it looks ahead to bumper summer months packed with sport, including the Euro Championship. Marston’s, which operates 1,395 pubs across the UK, this morning announced…
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NAT) “ 1Q 2024 Earnings Report By Investing.com
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Tuesday, May 14, 2024 Dear shareholders and investors, Please note that the 2024 Q1 earnings report is scheduled to be released on Wednesday, May 29, 2024 before the opening of the New York Stock Exchange. sincerely, Herbjörn HanssonFounder, Chairman and CEO Nordic American Tankers Ltd. www.nat.bm Cautionary statement regarding forward-looking…
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US producer prices increase more than expected in April
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WASHINGTON (Reuters) – U.S. producer prices rose more than expected in April amid strong gains in the costs of services and goods, suggesting inflation remained high early in the second quarter. The Labor Department’s Bureau of Labor Statistics said Tuesday that the producer price index for final demand rose 0.5%…
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Tilray stock gains on debt-for-equity deal (NASDAQ:TLRY)
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Torsten Asmus/iStock via Getty Images Canadian cannabis player Tilray Brands (Nasdaq:TLRYIt announced on Tuesday that it will issue up to 13.1 million shares of the company’s stock as part of a debt-for-equity swap deal it entered into with an unrelated party. Shares will be issued in exchange for The convertible…
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Gen Z really do have it worse: Those in their early 20s are earning less and have more debt than millennials did at their age
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Gen Z has been relentlessly ridiculed for spending money they don’t have on avocado toast, designer bags, and luxury vacations — and then complaining they’ll never be able to save enough for a house deposit. But in fact, research suggests that the younger generation of workers is actually worse off…
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Budget boss loses fight to gain access to county accounts
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The budget comptroller lost his attempt to monitor counties’ bank accounts in real time, derailing efforts to tame irregularities that have cast a shadow over how devolved units pay contractors and other bills. The matter, which pits the Office of the Comptroller of Budget against the Treasury, the Central Bank…
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The Untapped Potential of Scaling Internationally for UK SMEs
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As a business owner and advocate for global expansion, I have noticed a stark contradiction within the UK economic landscape. Although there are 5.5 million SMEs across the country, less than 10% of them engage in international trade. This is a huge missed opportunity; Exporting offers a range of benefits…
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Tel Aviv looks to the skies
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Over the past decade, the number of high-rise buildings in Tel Aviv has increased by 50%, and this number will now double over the next decade. Tel Aviv’s skyline, which has changed much in recent years, will change even more dramatically, as high-rise towers overlook the proudly preserved smaller buildings…
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Wall Street digs deep into Enphase Energy By Investing.com
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In the rapidly evolving clean technology landscape, Enphase Energy, Inc. (NASDAQ:) is the subject of intense debate among Wall Street analysts. Known for its innovative approach to the global energy technology sector, Enphase has expanded its portfolio to include not only leading micro-inverter systems for solar PV devices but also…
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From a melt-up to a sell-off, the next 2 weeks will determine the stock market’s direction for the summer
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Getty Images/Brian R. Smith The next two weeks’ data will likely determine the direction of the stock market this summer, according to UBS. The upcoming release of April’s CPI report and Nvidia’s earnings report next week are critical, the bank said. “Inflation data and NVIDIA’s above-expected earnings could set the…
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New U.S. rules aim to boost renewables, meet surging electricity demand (NYSEARCA:XLU)
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Gargolas/iStock via Getty Images Federal Energy Regulatory Commission Two new rules were approved Monday’s move is expected to make it easier to expand construction of large power lines and bring more renewable energy to American homes and businesses. One rule will require companies that produce and transmit electricity to weigh…
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Dragon fruit farmers reap prosperity
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After 13 years toiling on a dragon fruit farm, Musa Muguna embarked on his own journey to grow this exotic fruit on a larger scale, delving into a market eager for its unique benefits. It was like abandoning the only bird at hand to explore the wilderness for another. “It…
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Alternative investment platform TheCarCrowd target global expansion after £1M deal
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Innovative automotive investment platform TheCarCrowd has just completed its two-tranche seed round, securing a total investment of over £1m. The investment from a group of experienced angels – as well as recurring investment from Notion Capital – indicates confidence in TheCarCrowd’s ambitious global strategy, its growing list of partners, and…
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Aberdeen International Inc. – Early Warning Press Release
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Article content TORONTO, May 13, 2024 (GLOBE NEWSWIRE) — Aberdeen International Company (“Aberdeen” Or the (the “Company”) (TSX: AAB) announces that it has sold 5,217,000 common shares of AmmPower Corp. (“AmmPower“) (Special search engine: AMMP) during the period from 20 March 2024 to 13 May 2024, resulting in a decrease…
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Alleged irregularities put publicity-shy dynasties in spotlight
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2024 was supposed to be a special year for the Goldberg family. Exactly fifty years ago, in 1974, Shimon Goldberg founded FMR, which became the dominant company in providing trading systems to financial institutions in Israel, including operations and back-office services, the technological backbone of institutions’ financial activities. A year…
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Axon president Joshua Isner sells over $13.6 million in company stock By Investing.com
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Axon Enterprise, Inc. (NASDAQ:) President Joshua Eisner has sold a significant portion of his holdings in the company, according to a recent filing with the Securities and Exchange Commission. The transactions, which occurred on May 9, 2024, included the sale of the Company’s common stock valued at more than $13.6…
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Forexlive Americas FX news wrap 13 May: Oh No Roaring Kitty returns and dominates chatter
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As the New York session came to a close to start the new trading week, the markets were highlighted by the first tweets in 3 years from meme king Roaring Kitty. His tweets sent Gamestop shares soaring 74.40% to $30.45 (from $17.46 at Friday’s close). AMC shares also rose sharply…
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GameStop stock soars over 70% as ‘Roaring Kitty’ revival reignites meme-stock bonanza
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GameStop (GME) stock rose as much as 110% on Monday before paring gains, stalling on volatility several times after “Roaring Kitty,” the one seen as the start of the meme stock craze during the pandemic. to publish Online for the first time since 2021. The stock topped $30 a share…