Category: Year
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AMD sees next AI chip in mass production later this year By Reuters
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Written by Max A. Cherny SAN FRANCISCO (Reuters) – Advanced Micro Devices said on Thursday it plans to begin mass production of a new version of its artificial intelligence chip called the MI325X in the fourth quarter of the year, as it seeks to bolster its presence in a market…
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AI will radically change every job in the next year, Indeed CEO says
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On this episode of Fortune’s Leadership Next podcast, host Diane Brady talks to Indeed CEO Chris Hyams. The interview was conducted live in front of an audience at Deloitte’s Next Generation CEO Program. During the discussion, the conversation covered Hyams’ nontraditional route to the C-suite, which included jobs at an adolescent psychiatric hospital and…
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U.S. September ISM Manufacturing PMI Prices Index Contracted for the First Time This Year
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The September US ISM Manufacturing PMI survey came in weaker than expected, with the index remaining flat at 47.2 to reflect the same pace of industry contraction rather than improving to expectations of 47.6. This was the sixth month in a row that the index remained below 50.0, with the…
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Top Trades for the Rest of the Year
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(Bloomberg) — U.S. stocks will outperform the nation’s government and corporate bonds for the rest of this year as the Federal Reserve continues to cut interest rates, the latest Bloomberg Markets Live Plus poll showed. Most read from Bloomberg Exactly 60% of the 499 respondents said they expect US stocks…
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Unga narrows full year loss to Sh669.5m on lower costs
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Manufacturer Unga Group Plc narrowed its loss for the year ending June 2024 to Sh669.5 million from Sh959.3 million previously, on lower costs. The company attributed the lower costs to improved efficiencies in its operations and one-time gains in foreign exchange with the appreciation of the Kenyan shilling in the…
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Sell an October election year seasonal bounce in US dollar: BofA By Investing.com
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Investing.com – Bank of America said in a note on Friday that investors should consider selling the US dollar during a potential rebound next October, driven by historical seasonal patterns and current technical indicators. According to Bank of America, while there may be an initial rise in the price of…
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Sell an October election year seasonal bounce in US dollar: BofA By Investing.com
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Investing.com – Bank of America said in a note on Friday that investors should consider selling the US dollar during a potential rebound next October, driven by historical seasonal patterns and current technical indicators. According to Bank of America, while there may be an initial rise in the price of…
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Brink Donates Over $1 Million To Bitcoin Developers Last Year
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edgea non-profit organization focused on funding open-source Bitcoin development, has published its annual report showing over $1 million in donations to Bitcoin developers in 2023. It was founded in 2020 by well-known Bitcoin developers John Newberry and Mike Schmidt, with the goal of providing financial support and mentoring to promising…
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Brink Donates Over $1 Million To Bitcoin Developers Last Year
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edgea non-profit organization focused on funding open-source Bitcoin development, has published its annual report showing over $1 million in donations to Bitcoin developers in 2023. It was founded in 2020 by well-known Bitcoin developers John Newberry and Mike Schmidt, with the goal of providing financial support and mentoring to promising…
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Net external borrowing to halve to Sh167bn in next financial year
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Kenya’s net external borrowing in the next fiscal year (2025-26) is expected to more than halve to Sh166.7 billion, from Sh355.5 billion in the current year, thanks to a sharp increase in repayments of original debt that will have to be rolled over using new borrowing. Financial forecasts published by…
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New York Is Hosting the Unofficial Climate Summit of the Year
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Breadcrumb Trail Links PMN Business Climate Week NYC will be drawing in bankers and diplomats who usually show up at the United Nations’ annual climate summits. Author of the article: Bloomberg News Bloomberg Green Published Sep 22, 2024 • 9 minute read You can save this article by registering for…
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NanoXplore Reports Results for Its Q4-2024 and Full Year 2024
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Sep 18, 2024 • 9 minute…
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Capital Economics sees rough year ahead for Mexican assets By Investing.com
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Capital Economics has Expected poor performance The Mexican peso and broader financial assets are expected to decline in the coming year due to political and economic instability. The peso, which has recently fallen about 15% against the dollar since early April, is still seen as overvalued despite its sharp decline…
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Greece spends €1 billion a year on pro-child policies
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Much of Europe is experiencing a demographic crisis, and Greece is among the countries facing the brunt of it. It has one of the lowest fertility rates in the region – on par with other countries that are feeling the wrath of Same problemBut other eurozone countries face similar challenges,…
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Taiwan hopes delayed F-16s start arriving by end of this year By Reuters
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By Ben Blanchard TAIPEI (Reuters) – Taiwan’s defence ministry said on Friday it aims to deliver its first new F-16 fighter jets by the end of this year, blaming “severe fluctuations” in the international situation for delaying the island’s delivery. In 2019, the United States approved $8 billion in arms…
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Taiwan hopes delayed F-16s start arriving by end of this year By Reuters
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By Ben Blanchard TAIPEI (Reuters) – Taiwan’s defence ministry said on Friday it aims to deliver its first new F-16 fighter jets by the end of this year, blaming “severe fluctuations” in the international situation for delaying the island’s delivery. In 2019, the United States approved $8 billion in arms…
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Pay-TV subscription growth slows for the second consecutive year
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Pay-TV subscriptions in Kenya grew at a slower pace of 2.4 percent to 6.4 million in the year to March 2024, due to tough economic conditions and the spread of streaming services on improved internet connectivity, new data from the Communications Authority of Kenya shows. This marked the second straight…
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INTRODUCING REDBREAST 18 YEAR OLD By Investing.com
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This award-winning 18 Year Old is the first new permanent addition to the Redbreast family in four years and offers a unique twist on Redbreast with the addition of creamy sherry casks in the aging process. New York, September 12, 2024 /PRNewswire/ — Red Chest, Ireland Redbreast 18 Year Old,…
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Reuters Poll: BOE to cut bank rate by 25 basis points one more time this year
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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US Treasury auctions $58B of 3 year notes at a high yield of 3.440%
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High yield:3.440% WI level at auction time: 3.457% tail: -1.7 bs Average of six auctions: 0.1 basis points Show Coverage: 2.66X Merchants:10.45% Direct (local demand measure):11.3% Indirect (international demand measure):78.24% Auction Grade: A details: International buyers were in attendance and outperformed other bidders. International buyers received 78.24%. This was well…