Month: October 2023
Asia fintech MoneyHero slides on initially day of buying and selling after merger with Peter Thiel-backed SPAC
Bymuratdeniz | E+ | Getty Photographs Asian fintech organization MoneyHero on Friday fell on its very first day of trading on the Nasdaq, following the completion of its merger with specific objective acquisition corporation Bridgetown Holdings. Bridgetown Holdings Limited is backed by Thiel Capital – PayPal co-founder Peter Thiel’s enterprise capital firm – and Pacific Century Group, […]
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Novo Nordisk hikes outlook on soaring demand for Wegovy, Ozempic
An Ozempic (semaglutide) injection pen is seen on a kitchen table in Riga, Latvia on 06 August, 2023. Jaap Arriens | Nurphoto | Getty Images Novo Nordisk on Friday raised its outlook for its full-year sales and operating profit due to soaring demand for its blockbuster weight loss drug Wegovy and diabetes treatment Ozempic. The […]
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UnitedHealth is back and lifting other health-care stocks with it, Jim Cramer says
Traders work at the post where UnitedHealth Group is traded on the floor of the New York Stock Exchange. Brendan McDermid | Reuters UnitedHealth Group‘s (UNH) quality quarterly results Friday are a good sign for the broader health-care landscape, CNBC’s Jim Cramer said. The managed-care giant earned an adjusted $6.56 per share on revenues of […]
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Stablecoin Tether promotes tech main to CEO, taking more than from mysterious crypto leader
A picture taken in London exhibits gold-plated memento cryptocurrency tether, bitcoin and ethereum coins arranged beside a monitor displaying a trading chart, May 8, 2022. Justin Tallis | Afp | Getty Photos Paolo Ardoino, the main technological innovation officer for Tether, has been promoted to CEO of the stablecoin firm, in a shock shift. Ardoino […]
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JPMorgan Chase CEO Jamie Dimon warns this is ‘the most perilous time’ for the entire world in decades
Jamie Dimon, Chairman of the Board and Chief Government Officer of JPMorgan Chase & Co., gestures as he speaks in the course of an interview with Reuters in Miami, Florida, U.S., February 8, 2023. Marco Bello | Reuters Past the navy conflicts, Dimon cited the burgeoning nationwide personal debt and “the biggest peacetime fiscal deficits […]
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Meta claims it really is stepping up misinformation enforcement all through Israel-Hamas war
Meta Platforms CEO Mark Zuckerberg comes at federal courtroom in San Jose, California, Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Photos Meta is growing its enforcement of its procedures from violent posts and misinformation amid the Israel-Hamas war as charged visuals and posts balloon on social media. Meta and other social media […]
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Microsoft closes acquisition of Activision Blizzard following lengthy regulatory critique
Satya Nadella, CEO of Microsoft Corp., during the company’s Ignite Highlight party in Seoul, Nov. 15, 2022. SeongJoon Cho | Bloomberg | Getty Photographs Microsoft has closed its acquisition of video clip video game publisher Activision Blizzard, according to a regulatory submitting by the firm on Friday. It’s Microsoft’s biggest offer in its 48-12 months […]
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How Israel’s tech group is responding to the Israel-Hamas war
Israeli soldiers on a tank are observed in the vicinity of the Israel-Gaza border. Ilia Yefimovich | Photograph Alliance | Getty Photos On Saturday, Dvir Ben-Aroya woke up expecting to go on his normal early morning operate. As a substitute, he was met with blaring alarms and missiles traveling about Tel Aviv. Ben-Aroya, co-founder of […]
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Oil price ranges increase practically 4% following U.S. tightens sanctions on Russian crude profits
Oil selling prices on Friday rose approximately 4% after the U.S. tightened sanctions from Russian crude exports, exacerbating source concerns in an already tightly well balanced electricity industry. Worldwide benchmark Brent crude futures with December expiry traded 3.7% better at $89.18 for every barrel at all around 7 a.m. ET, although front-thirty day period November […]
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Canon, regarded for its cameras, launches ASML challenge with equipment to make the most innovative chips
Canon, the Japanese company effectively known for its cameras and printers, is ramping up initiatives in the semiconductor producing gear area. Brian Ach | Getty Illustrations or photos Canon, the Japanese agency very best identified for its printers and cameras, released a important instrument on Friday it states can assistance manufacture the most advanced semiconductors […]
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