Category: News
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Bank of England cuts rates to 4.75% as inflation cools and economic pressures ease
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The Bank of England cut interest rates by 25 basis points to 4.75%, its second cut this year as inflationary pressures begin to ease and economic data point to a slowdown in wage growth. The nine-member Monetary Policy Committee voted in favor of the cut, following a steady trend in…
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Shekel gains against dollar, bucking global trend
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As soon as it became clear yesterday that Donald Trump had won the US presidential election, the US dollar began to rise in the foreign exchange market, which is always the quickest of financial markets to respond. The DXY index, which measures the strength of the US dollar, rose 1.5%…
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What’s Going On With Ford Motor Stock Today? (CORRECTED)
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Editor’s Note: This story has been updated to correct the name of a Bernstein analyst who covers Ford. Ford Motor Company (NYSE:F) stock is Trading lower on Thursday. Bernstein analyst Daniel Roeska downgraded Ford Motor Company from outperform to market perform, With an expected price of $11. In an unrelated…
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I went to Harris’s concession speech—here’s what I heard from Black women
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Howard University, a historically black college in Washington, D.C., is referred to as the “Mecca.” Since 1867, it has been a gathering place for blacks in the United States and from around the world. Its alumni include former US Supreme Court Justice Thurgood Marshall and Vice President Kamala Harris. This…
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Trump unlikely to significantly alter ongoing global energy shift
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Donald Trump has firmly returned to the presidency of the United States, with the possibility of obtaining a majority in the Senate or House of Representatives. This would enable him to reverse any aspect of Biden’s inflation-reduction law that might be unpopular with the fossil fuel lobbyists who supported his…
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Berry Bros & Rudd families warn inheritance tax changes threaten legacy of historic wine business
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The Berry and Rudd families, owners of prestigious London wine merchant Berry Bros & Rudd, have raised concerns about recent inheritance tax reforms which could threaten the future of their 376-year-old business. The Labor government’s proposed 50% cut in commercial property relief – which allows family-owned businesses to pass on…
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PenderFund Receives Industry Recognition for Strong Long-Term, Risk-Adjusted Returns with 2024 LSEG Lipper Fund Award
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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: Published on November 7, 2024 • 3 minutes…
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PenderFund Receives Industry Recognition for Strong Long-Term, Risk-Adjusted Returns with 2024 LSEG Lipper Fund Award
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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: Published on November 7, 2024 • 3 minutes…
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Israel’s forex reserves fell sharply in October
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The Bank of Israel reported that Israel’s foreign exchange reserves at the end of October 2024 fell to $216.074 billion, a decrease of $4.303 billion from their level at the end of September. Israel’s foreign exchange reserves at the end of October 2024 fell to $216.074 billion, a decrease of…
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2 Healthcare Dividend Stocks That Are Screaming Buys in November
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There is a lot of money flowing through the healthcare industry in the United States. According to the Centers for Medicare & Medicaid Services, America’s total health expenditures reached $4.1 trillion in 2022, and that number has likely increased since then. People have always needed and will always need care,…
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Avid Bioservices to be acquired for $1.1B in cash by GHO, Ampersand (NASDAQ:CDMO)
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Maxim Labkowski AVID Vital Services (Nasdaq: CDMO) to be acquired through funds managed by GHO Capital Partners and Ampersand Capital Partners through a cash deal valuing the company at approximately $1.1 billion. Under the deal, GHO and Ampersand will acquire all of Avid’s (CDMO) outstanding shares for $12.50 per share…
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Avid Bioservices to be acquired for $1.1B in cash by GHO, Ampersand (NASDAQ:CDMO)
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Maxim Labkowski AVID Vital Services (Nasdaq: CDMO) to be acquired through funds managed by GHO Capital Partners and Ampersand Capital Partners through a cash deal valuing the company at approximately $1.1 billion. Under the deal, GHO and Ampersand will acquire all of Avid’s (CDMO) outstanding shares for $12.50 per share…
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Employees are struggling with mental health post election: HR resources
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The results are in, and Trump won. In doing so, he pleased more than half of American voters. But others? Not much. A large number of people are struggling to process the election results this week. Because many people spend a third of their lives at work, they will bring…
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Africa’s Just Energy Transition: Investing in Africa’s clean energy future is critical for people and planet
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As Africa’s population heads toward 2.5 billion people by 2050, the 54-nation region faces an epic challenge in achieving shared economic growth, energy stability and decarbonization to address the disproportionate global inequality and climate change burdens it faces. Finding intersectional solutions is not only critical to the future well-being of…
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M&S warns of possible price hikes as national insurance hike impacts costs
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Marks & Spencer has warned it cannot rule out a price hike after absorbing an extra £120 million in costs resulting from Chancellor Rachel Reeves’ National Insurance changes and upcoming pay rises. Chief executive Stuart Machin said the retailer would “do everything we can” to avoid passing these costs on…
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Fraser Institute News Release: 7-in-10 provinces had combined government debt burdens that exceeded the size of their entire economies in 2022, curbing economic growth
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Article content VANCOUVER, British Columbia, Nov. 07, 2024 (GLOBE NEWSWIRE) — Combined federal and provincial government debt in seven provinces exceeds the value of all goods and services produced in those provinces through 2022, dampening economic growth and living standards, according to a report. A new study published by the…
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Fraser Institute News Release: 7-in-10 provinces had combined government debt burdens that exceeded the size of their entire economies in 2022, curbing economic growth
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Article content VANCOUVER, British Columbia, Nov. 07, 2024 (GLOBE NEWSWIRE) — Combined federal and provincial government debt in seven provinces exceeds the value of all goods and services produced in those provinces through 2022, dampening economic growth and living standards, according to a report. A new study published by the…
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Israel signs $5.2b Boeing deal for F-15 fighter jets
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Yesterday, the Israeli Ministry of Defense signed a huge deal worth $5.2 billion with Boeing to purchase 25 advanced F-15 fighter jets. The deal will be financed by US aid to Israel and includes an option to purchase 25 additional fighter aircraft. Director General of the Ministry of Defense, General…
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Stocks Rise as Traders Mull Trump Victory, Fed: Markets Wrap
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(Bloomberg) — Asian stocks rose along with European and U.S. stock futures, as investors brace for a second Donald Trump presidency and an expected interest rate cut from the Federal Reserve. Most read from Bloomberg Chinese stocks were among the best performing stocks in Asia thanks to optimism that Beijing…
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YouTube dominated Election Day as viewers guzzled 84 million hours of presidential news
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As people around the world watched the results of the US presidential election, millions committed themselves to live streaming and digital platforms. Stream Charts, a database of live streaming statistics and analysis, I mentioned Total live streaming data reached 84 million hours watched, with the lion’s share – 80.6% –…