Wednesday, November 20, 2024

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Wall Street hits all-time highs after Federal Reserve’s interest rate cut

Wall Street scaled all-time highs on Thursday as global markets welcomed the US Federal Reserve’s first interest rate cut in four years.The benchmark S&P...

ISG firms set to go into administration

Six ISG companies have applied to go into administration, court documents have revealed. The notices were filed at around 4 30pm this afternoon and are...

Thames Water admits it could run out of cash by December

A source close to the company confirmed on Thursday evening that Thames...

Jim Ratcliffe forced to halt production of Ineos Grenadier

A spokesman said: “Our production at Hambach has encountered a critical component...

‘Opportunities lie overseas,’ says boss as Next beats forecasts

Strong international expansion has helped to drive a 3.9 per cent rise in pre-tax profits at Next, the fashion and homeware retailer.The FTSE 100...

Enjoy the torrid Fed rally, but the world is not out of the woods yet

Mike Wilson, Morgan Stanley’s equity chief, says part of the stock market...

The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.

In making its first interest rate cut in more than four years, the Federal Reserve went big — a decision that took some economists...

Elon Musk’s X and Starlink face nearly $1 million in daily fines for alleged ban evasion in Brazil

Elon Musk, left, and Brazil Supreme Court Justice Alexandre de Moraes.Reuters (L) | Getty Images (R)Elon Musk's X faces steep daily fines in Brazil...

Next and the beautiful arithmetic of long-termism | Nils Pratley

Here is an absurdly mean-minded way to view Next’s advance towards annual profits of £1bn this financial year: since the retailer achieved almost half...

Boeing strike: ‘My $28-an-hour pay isn’t enough to get by’

BBCHe says Boeing is “putting me in essential poverty even though I’m working 40, 50, 60 hours per week”.Cisneros has worked at Boeing for...

Thames Water trying to stay afloat by rewriting loan deals, says source

Thames Water is trying to buy time to avoid running out of funds by rewriting loan agreements with its lenders as its future hangs...

Brazil top judge accuses X of ‘willful’ circumvention of court-ordered block

In the latest round of the dispute between Elon Musk and Brazil’s top court, a senior judge has accused X of a “willful, illegal...

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