Category: sector
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Cash flow crisis drags down private sector activity
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Kenya’s private sector activity deteriorated marginally in September due to persistent cash flow challenges affecting production and demand for goods and services, results of a monthly survey showed on Thursday. The Kenya Stanbic Purchasing Managers’ Index (PMI), which measures the performance of key private sector indicators such as production, new…
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Address policy hurdles agricultural sector SMEs face to spur job creation
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Agriculture is the key to Africa’s economic recovery. The African Development Bank expects the sector to generate $1 trillion in profits by 2030. Therefore, there is a need for bold agricultural reforms that strengthen smallholder farmers and direct investments towards this sector. Study of the 2022 Alliance for a Green…
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Mixed market signals: Technology sector shows resilience amid financial sector dips
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Stock Heat Map By FinViz.com Tue, 01 Oct 2024 13:46:04 GMT The US stock market today offers a mix of cautious optimism and sector-specific setbacks, as evidenced by the latest heatmap data. Let’s dive into the details: ? Technology sector: steady growth with major milestones The technology sector is showing…
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New Crypto Regulations in Japan Ease Rule For Blockchain Gaming Sector
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Japan Financial Services Agency (FSA). Announce It plans to reform the country’s regulatory framework on cryptocurrency gaming. The move, according to the report, appears to be aimed at helping companies better manage their digital currency assets and “stimulate” growth in the blockchain gaming sector. With this reform, the FSA is…
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What are the key investor debates surrounding the luxury sector? By Investing.com
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The luxury goods sector is currently facing a series of major discussions among investors, which are influenced by sector performance, consumer behavior, and macroeconomic factors. According to analysts at Morgan Stanley, several key themes emerged that defined investor discussions, centering around demand trends, pricing strategies, regional market dynamics, and operational…
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Fox could shake up the sports betting sector with the activation of its FanDuel stake
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Wild Pixel A new player could be joining the sports betting industry in the near future, and that is Fox Corporation.NASDAQ: FOX) Chief Executive Lachlan Murdoch said the media giant is moving forward with plans to exercise its option to retain an 18.6% stake in sports betting. FanDuel Leader. In…
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Proof of Workforce and Careers In Government Partner to Integrate Bitcoin into Public Sector Jobs
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the Proof of establishment of the workforce (POWF) and Government job opportunities CIG has launched a strategic partnership aimed at integrating Bitcoin into public sector hiring practices, according to a press release sent to Bitcoin Magazine. The collaboration seeks to enhance financial security, attract talent, and foster innovation within the…
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Proof of Workforce and Careers In Government Partner to Integrate Bitcoin into Public Sector Jobs
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the Proof of establishment of the workforce (POWF) and Government job opportunities CIG has launched a strategic partnership aimed at integrating Bitcoin into public sector hiring practices, according to a press release sent to Bitcoin Magazine. The collaboration seeks to enhance financial security, attract talent, and foster innovation within the…
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Renault CEO says sector could face billions in fines as EV sales slow By Reuters
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PARIS (Reuters) – Europe’s car industry could face fines of up to 15 billion euros ($17.4 billion) over carbon emissions as demand for electric vehicles slows. Renault “The EPA’s chief executive, Luca de Meo, said on Saturday: Carmakers face tougher EU CO2 emissions targets in 2025 with the cap on…
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UK government launches AI training for civil servants to enhance public sector efficiency
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The UK government has launched nine new AI training courses for civil servants, aiming to boost digital skills and improve efficiency in the public sector. These courses, led by the Cabinet Office and Government Skills, aim to prepare civil servants for the increasing impact of AI on government operations. The…
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Dallas Fed services sector outlook index -7.7 vs -0.1 prior
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Dallas Fed Services Sector Expectations Index Previous was -0.1 Revenue Index +8.7 vs. +7.7 previously Employment +0.6 vs. -0.2 previously Company forecast -3.1 vs. +1.0 previously 6-month index +12.4 vs. +20.5 previously Comments in the report: Facilities I feel like a recession is going to hit the US. Storage and…
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U.K.’s PMIs Showed Solid Private Sector Expansion In August
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S&P Global’s August Purchasing Managers’ Index (PMI) reports reflected strong expansions in UK private sector activity, with manufacturing jumping to a 26-month high and services rising to a four-month high. The composite index measuring the manufacturing and services sectors was also in the spotlight as it reached its highest levels…
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Daily stock market review: mixed trends and sector performances highlight cautious investor sentiment
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Stock Heat Map from FinViz.com Friday, August 16, 2024 13:46:07 GMT Daily Stock Market Review: Mixed Trends, Sector Performance Highlight Cautious Investor Sentiment The US stock market today shows a diverse panorama, displaying a mix of trends and sentiment across different sectors. The heat map provides a clear glimpse into…
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Hard hats or party hats? Walmart earnings could shake up the retail sector (NYSE:WMT)
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Marvin Samuel Tolentino Pineda Walmart (New York:WMT) is heading into its earnings report on August 15 with high expectations after a 29% year-to-date surge. Consensus estimates from analysts are calling for Walmart (WMT) to report revenue of $167.3 billion, earnings per share of $0.65, and comparable sales growth in the…
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What ails Kenya’s mining sector
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Kenya’s mining sector has historically been a low-profile sector, known primarily to those working in the industry. However, recent civil unrest and growing calls from Generation Z for better governance have thrust the sector into the spotlight, exposing the vast mineral wealth beneath our feet. This new interest is not…
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Kenya’s private sector activity in sharpest fall in 39 months on GenZ protests
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Kenya’s private sector activity fell by the most in more than three years in July as deadly social unrest disrupted businesses. Business conditions such as output, new orders and employment in July deteriorated at the fastest rate from June since April 2021 when the world was grappling with the shocks…
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Reeves scraps winter fuel payments for 10M pensioners to fund public sector pay rise
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Rachel Reeves will scrap winter fuel payments for 10 million pensioners to help fund huge public sector pay rises. The Chancellor has announced plans to save £5.5bn this year, addressing a £22bn deficit in the public finances left by the previous government. Most of the savings will be used to…
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US stocks mostly higher; tech sector gains ahead of Powell’s testimony By Investing.com
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U.S. stocks rose slightly on Tuesday as growing expectations of a September interest rate cut kept the technology sector strong ahead of testimony from Federal Reserve Chairman Jerome Powell. The Nasdaq Composite Index was down 40 points, or 0.1%, at 09:35 ET (13:35 GMT), while the Dow Jones Industrial Average…
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US stocks mostly higher; tech sector gains ahead of Powell’s testimony By Investing.com
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U.S. stocks rose slightly on Tuesday as growing expectations of a September interest rate cut kept the technology sector strong ahead of testimony from Federal Reserve Chairman Jerome Powell. The Nasdaq Composite Index was down 40 points, or 0.1%, at 09:35 ET (13:35 GMT), while the Dow Jones Industrial Average…
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Big real estate stocks kick off H2 with loss as state of the sector weighs on sentiment
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ArLawKa AungTun/iStock via Getty Images Large real estate stocks started the second half of 2024 with a marginal weekly loss despite optimism surrounding interest rate cuts, as the state of the sector weighed on sentiment. S&P 500 Index Advanced 1.95% From last week, with Labor market data supports the case…