Category: News
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Italy, Abu Dhabi, and Cyprus Court Britain’s Wealthy Amid Non-Dom Tax Changes
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Several countries, including Italy, Abu Dhabi and Cyprus, are actively seeking to attract wealthy individuals from the UK following the government’s decision to abolish non-resident tax status. Events are being held across London to encourage the estimated 67,000 non-UK residents – UK residents whose permanent home is outside the country…
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Italy, Abu Dhabi, and Cyprus Court Britain’s Wealthy Amid Non-Dom Tax Changes
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Several countries, including Italy, Abu Dhabi and Cyprus, are actively seeking to attract wealthy individuals from the UK following the government’s decision to abolish non-resident tax status. Events are being held across London to encourage the estimated 67,000 non-UK residents – UK residents whose permanent home is outside the country…
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Italy, Abu Dhabi, and Cyprus Court Britain’s Wealthy Amid Non-Dom Tax Changes
•
Several countries, including Italy, Abu Dhabi and Cyprus, are actively seeking to attract wealthy individuals from the UK following the government’s decision to abolish non-resident tax status. Events are being held across London to encourage the estimated 67,000 non-UK residents – UK residents whose permanent home is outside the country…
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Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b
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A week after Globes reported on Bank Leumi’s restrictions on deals related to contractor loans to homebuyers, the bank’s third-quarter financial statements released this morning contain clues as to the reasons for the decision. The bank’s mortgage portfolio was 10% larger at the end of September this year than it…
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Bank Leumi posts 30% rise in Q3 profit to NIS 2.3b
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A week after Globes reported on Bank Leumi’s restrictions on deals related to contractor loans to homebuyers, the bank’s third-quarter financial statements released this morning contain clues as to the reasons for the decision. The bank’s mortgage portfolio was 10% larger at the end of September this year than it…
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Advance Plans to Borrow Against $1.2 Billion Reddit Stake
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(Bloomberg) — A Reddit Inc. shareholder is seeking… to establish credit facilities using an ownership stake in the company, according to a person familiar with the matter. Most read from Bloomberg Advance Magazine Publishers Inc., the arm of the Newhouse family’s publishing empire that owns Conde Nast, is offering 7.8…
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Sam Altman has an idea to get AI to ‘love humanity,’ use it to poll billions of people about their value systems
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He is confident that this trait can be integrated into AI systems, but he is not sure. “I think so,” Altman said when asked that question during an interview with Harvard Business School Senior Associate Dean Deborah Spar. The issue of AI uprising was once limited to Isaac Asimov’s science…
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Sam Altman has an idea to get AI to ‘love humanity,’ use it to poll billions of people about their value systems
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He is confident that this trait can be integrated into AI systems, but he is not sure. “I think so,” Altman said when asked that question during an interview with Harvard Business School Senior Associate Dean Deborah Spar. The issue of AI uprising was once limited to Isaac Asimov’s science…
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John Lewis CEO criticises Rachel Reeves over ‘two-handed’ tax increase
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Nish Kankiwala, chief executive of the John Lewis Partnership, has accused Chancellor Rachel Reeves of carrying out a “two-handed” tax grab on retailers, as she joined a growing backlash against the latest budget. Kankiwala said John Lewis faces increased recruitment costs and higher turnover after the Budget, which could hamper…
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Unemployment in Israel falls to new low
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The unemployment rate in Israel fell to 2.5% in October, according to the Central Bureau of Statistics, compared to 2.7% in September. Unemployment, as defined in the broadest sense including the unemployed, employees placed on unpaid leave and those mobilized for reserve duty in the military, also fell to 3.4%…
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Dow, S&P 500 jump after Nvidia earnings, while Alphabet tumbles
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US stocks whipsawed Thursday as investors digested Nvidia’s (NVDA) earnings and a tumble from Alphabet (GOOG, GOOGL) amid a Department of Justice move to break up its empire. The Dow Jones Industrial Average (^DJI) led the way higher, gaining over 450 points, or about 1.1%. The S&P 500 (^GSPC) gained…
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Is your corporate board ready for AI?
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Florian Rotar, chief AI officer at Avanade, warns that there is a growing disparity between organizations with boards well-versed in generative AI and those that need to catch up. “I’m a little concerned that we’re going to see this difference in construction, and some people are going to get left…
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Is your corporate board ready for AI?
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Florian Rotar, chief AI officer at Avanade, warns that there is a growing disparity between organizations with boards well-versed in generative AI and those that need to catch up. “I’m a little concerned that we’re going to see this difference in construction, and some people are going to get left…
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Virtue Drinks Secures £2 Million Investment from BrewDog Co-Founder and England Footballer
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Virtue Drinks, the UK’s fastest growing clean energy drinks brand, has announced the successful closing of a £2 million investment round. This latest financing brings the company’s total investment to more than £5 million. Notable investors in this round include James Watt, co-founder of BrewDog – the largest craft beer…
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Virtue Drinks Secures £2 Million Investment from BrewDog Co-Founder and England Footballer
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Virtue Drinks, the UK’s fastest growing clean energy drinks brand, has announced the successful closing of a £2 million investment round. This latest financing brings the company’s total investment to more than £5 million. Notable investors in this round include James Watt, co-founder of BrewDog – the largest craft beer…
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WestBond reports Financial Results for the Quarter ended September 30, 2024
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Article content DELTA, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce that the company continues to increase its quarterly dividend. Net profit for the quarter ended September 30, 2024 increased 465% to $71,060 compared to a profit of $12,566 for the…
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WestBond reports Financial Results for the Quarter ended September 30, 2024
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Article content DELTA, British Columbia, Nov. 21, 2024 (GLOBE NEWSWIRE) — WestBond Enterprises Corporation (TSX-V: WBE) is pleased to announce that the company continues to increase its quarterly dividend. Net profit for the quarter ended September 30, 2024 increased 465% to $71,060 compared to a profit of $12,566 for the…
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Elbit Systems orders backlog grows to record $22b
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Defense company Elbit Systems (TASE: ESLT, Nasdaq: ESLT) announced another record order backlog at the end of the third quarter: $22.1 billion, representing growth of $1 billion during the quarter. Quarterly revenues increased by 14.3% compared to the corresponding quarter in 2023, reaching $1.7 billion. In the first nine months…
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Elbit Systems orders backlog grows to record $22b
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Defense company Elbit Systems (TASE: ESLT, Nasdaq: ESLT) announced another record order backlog at the end of the third quarter: $22.1 billion, representing growth of $1 billion during the quarter. Quarterly revenues increased by 14.3% compared to the corresponding quarter in 2023, reaching $1.7 billion. In the first nine months…
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Dow, S&P 500 jump while Nvidia, Alphabet tumble
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US stocks whipsawed Thursday as investors digested Nvidia’s (NVDA) earnings and a more than 6% tumble from Alphabet (GOOG, GOOGL) amid a Department of Justice move to break up its empire. The Dow Jones Industrial Average (^DJI) gained more than 500 points, or 1.2% while the S&P 500 (^GSPC) gained…