Saturday, May 25, 2024

World’s Biggest Corporates Zero Progress To Global Warming in 5 Years

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"Without a fundamental change in the global economy's functioning, it is not clear how we can achieve a significant shift." This report adds to...

Eurozone falls into recession as new data shows two quarters of falling data

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The eurozone, consisting of 20 countries that use the euro as their currency, experienced a mild recession at the beginning of the year due...

More slumps in China Economy to Stall US Stocks

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Chinese economic activity has hit a soft spot in recent weeks and Hong Kong’s equity markets have flirted with bear territory as a result. That’s...

Erdogan vows to keep cutting rates to fight inflation if re-elected

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Turkey’s President Recep Tayyip Erdogan has promised to continue with his unorthodox policy of cutting interest rates to reduce sky-high inflation if he is...

How Asian Markets offer the next ‘golden opportunity’ after China

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Apple launched an online store in Vietnam this week, in another nod to the growing importance of emerging markets for the iPhone maker. The opening...

Stocks surge Friday after strong jobs report

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Stocks jumped Friday, snapping a four-day losing streak as investors cheered a strong jobs report that suggested that the labor market remains strong overall...

Economists Divided on Global Economic Recovery, Expect Rebound in Asia

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The continuing uncertainty of the global economic outlook is reflected in the striking spread of responses to the latest Chief Economists Outlook, released today....

300 million jobs could be affected by latest wave of Arificial Intelligence, says Goldman...

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As many as 300 million full-time jobs around the world could be automated in some way by the newest wave of artificial intelligence that...

Adidas in U Turn on Black Lives Matter Logo

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Adidas is backpedaling fast over its latest attempt to protect its iconic three-stripe mark. The German sportswear company said Wednesday it was dropping its opposition...

Silicon Bank Bought By HSBC for £1 In Emergency Deal

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HSBC on Monday averted a crisis in Britain’s tech sector by rescuing Silicon Valley Bank’s UK arm, a fire sale sealed after all-night talks...

Cathie Wood’s flagship Ark fund tops $300mn despite big losses

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Cathie Wood’s Ark Investment Management has earned more than $300mn in fees on its flagship exchange traded fund since its inception nine years ago,...

Investors warn Japan’s foreign bond buying spree is risky

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Japanese investors have piled into foreign debt this year — but analysts have warned that the revival in demand from one of the cornerstones...

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