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European markets finish in positive territory following ECB rate cut

Admin - October 17, 2024

European stocks extended their gains as the European Central Bank (ECB) delivered a second-consecutive rate cut, and the technology sector stabilised after two days...

Bussiness

European Central Bank cuts rates, Lagarde flags downside risks to inflation outlook

Admin - October 17, 2024

12 September 2024, Hesse, Frankfurt/Main: Christine Lagarde, President of the European Central Bank (ECB), speaks at the press conference after the Governing Council meeting...

Bussiness

Crude oil prices fall more than 4% as looming surplus overshadows Iran-Israel tensions

Admin - October 15, 2024

Crude oil futures fell more than 4% on Tuesday, as a looming global oil surplus next year overshadowed the risk of a supply disruption...

Bussiness

Google signs deal with nuclear company as data center power demand surges

Admin - October 14, 2024

People take photos in front of a giant Google logo at Google's Bay View campus in Mountain View, California on Aug 13, 2024 where...

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China’s CSI 300 closes nearly 2% higher after choppy trading as investors digest stimulus plan

Admin - October 14, 2024

"China's growth recovery and north Asia's earnings rebound in 2024 remain our key investment themes and overweight areas," Goldman Sachs' strategists, led by Timothy...

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Boeing to cut 17,000 jobs as losses deepen during factory strike

Admin - October 11, 2024

Boeing 737 MAX airliners are pictured at the company's factory in Renton, Washington, on Sept. 12, 2024.Stephen Brashear | APBoeing will cut 10% of...

Bussiness

Tesla shares drop 5.5% in premarket after Cybercab robotaxi reveal fails to impress

Admin - October 11, 2024

Tesla unveils its "Cybercab" on October 10, 2024 in Burbank, California.Shares of electric vehicle maker Tesla tumbled Friday after the company's long-awaited robotaxi event...

Bussiness

CNBC Daily Open: Is higher-than-expected CPI just a ‘janky’ data point?

Admin - October 11, 2024

Customers shop for eggs at a Sprouts grocery store on April 12, 2023 in San Rafael, California. Justin Sullivan | Getty Images News | Getty...

Bussiness

UK economy grows 0.2% in August, in line with expectations

Admin - October 11, 2024

Alexander Spatari | Moment | Getty ImagesLONDON — The U.K. economy grew 0.2% in August on a month-on-month basis, flash figures published by the...

Bussiness

European markets higher; UK economy returns to growth in August; Sainsbury’s down 6%

Admin - October 11, 2024

Europe stocks follow Wall Street higherS&P 500 opens little changedThe S&P 500 opened little changed Friday, but headed for a fifth consecutive winning week....

Bussiness

Inflation rate at 2.4% in September, topping expectations; jobless claims highest since August 2023

Admin - October 10, 2024

The pace of price increases over the past year was higher than forecast in September while jobless claims posted an unexpected jump following Hurricane...

Bussiness