Tag: business news
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World oil demand set for first annual decline since 2020, IEA says
Renewed escalation in the U.S.-Iran war could complicate matters and further cloud the outlook, the IEA warned Friday.
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EasyJet weighs $7.7 billion rival takeover offer from Apollo amid Castlelake interest
A bidding war has broken out for budget carrier easyJet after Apollo and Castlelake have both submitted takeover offers.
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India ramps up missile sales in Indo-Pacific as China’s assertiveness turns neighbors wary
India has signed a third pact for the supply of missiles in the Indo-Pacific region as countries in the region grow wary of China’s growing assertion.
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SK Hynix is set to make its Wall Street debut. Will that narrow the chipmaker’s ‘Korea discount’?
As global chip giant SK Hynix makes its Nasdaq debut Friday, the listing serves as a major test of whether the company can shed its long standing “Korea Discount.”
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U.S. to continue ‘technical talks’ with Iran after Trump said ceasefire was ‘over’
The ceasefire signed last month came under serious strain in recent days as the U.S. and Iranian forces exchanged attacks for consecutive days this week.
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OpenAI exec Fidji Simo says she will step down and transition to part-time advisor
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu Fidji Simo, OpenAI’s product and business chief, said she’s stepping down from her role at the company to focus on recovery after
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New Fed task force members share Chairman Kevin Warsh’s embrace of AI
The three members of a task force advising the Fed on artificial intelligence are strong proponents of the technology.
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Gold just had its worst quarter since 2013. What that means for the metal’s role as portfolio hedge
Gold futures tumbled more than 13% in the second quarter – its worst since 2013. That isn’t necessarily your cue to dump the metal from your portfolio, though.
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A huge trade just happened on the Nasdaq 100. Bulls are taking notice
Tech bulls may not have to wait much longer for fresh highs, if the single-biggest trade in the Invesco QQQ Trust ETF on Thursday is any indication.
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Kevin Warsh names members of his Federal Reserve task forces, including Marc Andreessen, Doug McMillon
Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution’s operations.
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