Category: News
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Why Israel’s stock market is ignoring economic forecasts
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Measures of the Israeli economy present a picture that seems at odds with the uncertainty created by the security events. Tel Aviv Stock Exchange indices are rising despite weak economic growth expectations for Israel, the shekel is steadily strengthening, and demand for Israeli debt is high, despite downgrades by credit…
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Dow, S&P 500, Nasdaq futures float higher as CPI inflation meets expectations
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U.S. stock futures rose on Wednesday as investors digested another month of sticky inflation data that met economists’ expectations and likely signaled a rate cut from the Federal Reserve next week. Dow Jones Industrial Average futures (YM=F) rose about 0.1% while S&P 500 futures (ES=F) rose about 0.3%. Futures on…
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Brits brave storms to back small businesses, spending £634m on Small Business Saturday
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Strong consumer solidarity prevailed on Saturday for small businesses despite stormy conditions sweeping the UK. According to new research from American Express, more than 10 million Britons shopped at independent retailers on December 7, braving the influence of Storm Darragh to pump an estimated £634 million into small businesses both…
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Azimut Reports Drilling Results from the Pilipas Property, James Bay Region, Quebec
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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 December 11, 2024 • 6 minute…
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StepStone partner: Israeli economy resilient and robust
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Darren Friedman, partner at alternative investment firm StepStone, focuses his portfolio on the technology, healthcare and infrastructure sectors in the United States. However, he expresses concerns about Europe, saying: “It is striking that countries like Greece, Italy and Spain now look like the bright spots on the continent. Friedman, a…
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Priced for perfection into CPI
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A look at the day ahead in European and global markets from Tom Westbrook Markets are heading towards the release of US inflation numbers, anticipating that they will not stand in the way of an interest rate cut next week. None of the economists polled by Reuters see the core…
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Priced for perfection into CPI
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A look at the day ahead in European and global markets from Tom Westbrook Markets are heading towards the release of US inflation numbers, anticipating that they will not stand in the way of an interest rate cut next week. None of the economists polled by Reuters see the core…
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Energy bills likely to inch higher from April as gas costs climb again
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Energy bills for most British households are expected to rise again this spring, as rising wholesale gas prices and escalating grid charges put renewed financial pressure on millions of households. Forecasts from Cornwall Insight, the energy consultancy, suggest Ofgem’s maximum rate could rise by around 1 per cent to £1,762…
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Habib Bank Zurich plc Partners with nCino to Power an Enhanced Digital Experience for its Buy-to-Let Lending Business
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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 December 11, 2024 • 3 minutes…
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Mortgage arrears jump – Globes
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Did the end of banks’ mortgage payment freeze programs, which began with the outbreak of war, lead to a jump in the number of delinquent mortgage loans? Bank of Israel figures indicate that in October, the volume of delinquent mortgage loans rose by NIS 250 million to reach a new…
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Why These 5 Stocks Are On Investors’ Radars Today
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Gamestop, US Steel, Walgreens, Rigetti Computing, and Tesla: Why these 5 stocks are on investors’ radar today Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The stock market witnessed a decline on Monday Standard & Poor’s 500 and Nasdaq Composite Indices…
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Thames Water risks running dry by spring 2025 without £3bn cash lifeline
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Thames Water, Britain’s largest water supplier, has warned it will exhaust its cash reserves by March 2025 if it fails to get urgent court approval for a £3 billion financial rescue package. Without the deal, the debt-laden company may be forced into temporary nationalisation, adding further pressure on the UK’s…
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Japan Union Head Calls for Government to Accelerate Wage Efforts
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Breadcrumb links BMN Business The head of the Japan Metalworkers Union urged the government to accelerate efforts to raise wages, while expressing concern about early tightening steps by the central bank. Article writer: Bloomberg News Erika Yokoyama and Akemi Terukina Posted on December 10, 2024 • 3 minutes read You…
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Japan Union Head Calls for Government to Accelerate Wage Efforts
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Breadcrumb links BMN Business The head of the Japan Metalworkers Union urged the government to accelerate efforts to raise wages, while expressing concern about early tightening steps by the central bank. Article writer: Bloomberg News Erika Yokoyama and Akemi Terukina Posted on December 10, 2024 • 3 minutes read You…
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SAP Israel head: If theres value, deals happen despite war
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Speaking at the Globes Israel Business Conference, Orna Kleinman, Managing Director of SAP Labs Israel and Senior Vice President of Technology and Innovation at the SAP Cloud Platform Foundation, commented on the challenges the war has posed to international high-tech companies in Israel. She said: “60% of advanced technology in…
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SAP Israel head: If theres value, deals happen despite war
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Speaking at the Globes Israel Business Conference, Orna Kleinman, Managing Director of SAP Labs Israel and Senior Vice President of Technology and Innovation at the SAP Cloud Platform Foundation, commented on the challenges the war has posed to international high-tech companies in Israel. She said: “60% of advanced technology in…
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GameStop reports third-quarter profit on spending cuts
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Written by Zaheer Kachwala (Reuters) – GameStop reported third-quarter earnings on Tuesday as the video game retailer ramped up cost-saving efforts, including closing stores and selling higher-margin merchandise. CEO Ryan Cohen told investors in June that the company would operate with a “smaller network and greater value-added elements” as part…
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Myenergi calls for local businesses to celebrate what makes Grimsby great
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With Grimsby making headlines earlier this week as Britain’s “unemployment” capital, Stallingborough-based renewable energy technology manufacturer Mineergy called on local businesses to stand up to criticism, support the area and celebrate the thriving community that makes the city great. . While the hype may paint a bleak picture, co-founder Jordan…
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Myenergi calls for local businesses to celebrate what makes Grimsby great
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With Grimsby making headlines earlier this week as Britain’s “unemployment” capital, Stallingborough-based renewable energy technology manufacturer Mineergy called on local businesses to stand up to criticism, support the area and celebrate the thriving community that makes the city great. . While the hype may paint a bleak picture, co-founder Jordan…