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AI giants are offering billions in bonds, competing with European governments for investor capital
France, Germany and Italy face a volatile bond market as war inflation bites. With US tech giants now issuing billions in AI bonds, they are competing with cash-strapped European governments.
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Asian Cup postponed due to ‘exceptional circumstances’ in host country Saudi Arabia
The Asian Cup has become the latest sporting event to be affected by the ongoing conflict in the Middle East. Organizers cite “exceptional circumstances” in Saudi Arabia, which has seen several Houthi attacks of late.
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Zelenskyy arrives in Berlin seeking more air defense and energy support for Ukraine
Ukrainian President Volodymyr Zelenskyy has arrived in Berlin for talks with German Chancellor Friedrich Merz. Kyiv is seeking more air defense missiles and help keeping its energy system running through winter.
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Rubio urges Venezuela to release remaining political prisoners
The US secretary of state also discusses laying the groundwork for ‘free, fair, and credible elections’.
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Yum Brands earnings beat estimates, but cyclospora outbreak weighs on Taco Bell
Taco Bell’s same-store sales declined as a Cyclospora outbreak tied to lettuce served at its restaurants weighed on traffic.
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Versant earnings beat expectations as digital platforms drive growth
Versant posted third-quarter earnings that beat Wall Street expectations and reaffirmed its full-year guidance.
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Pfizer hikes full-year outlook, taps company veteran as new CFO
Pfizer announced that Cecile Guegan, who has held various leadership roles at the company over the last 20 years, stepped in as CFO this month.
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Apple’s John Ternus faces early test as global memory crisis hurts profits
In John Ternus’ first earnings report as CEO, Apple issued a gross margin forecast that disappointed Wall Street.
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Apple is falling on its latest earnings report. Why most analysts still like the stock
Apple is trading lower following its fiscal fourth quarter earnings report, but analysts say that there are several reasons to still be bullish on the stock.
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Indian tourist killed after helicopters collide near Everest base camp
The two aircraft crashed just metres from the ground after trying to land at the same spot.
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