Month: June 2024
Nvidia rally overnight lifts chip-related shares in Asia on AI optimism
A brand of Taiwan Semiconductor Production Business (TSMC) is seen in the course of the TSMC international RnD Centre opening ceremony in Hsinchu on July 28, 2023. (Image by Amber Wang / AFP) Amber Wang | Afp | Getty Photos Asia’s semiconductor and involved stocks rose on Wednesday following chipmaker Nvidia grew to become the […]
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Israel warns Lebanon of prospect of ‘all-out war’ as U.S. seeks to de-escalate hostilities
TOPSHOT – Smoke billows from the internet site of an Israeli airstrike on Zibqin in southern Lebanon on June 12, 2024. Kawnat Haju | Afp | Getty Photographs Israel’s army authorized an offensive in opposition to Lebanon right after a spike in cross-border fire, as chat of “all-out war” stoked considerations about the Gaza conflict […]
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Swiss regulator policies out UBS antitrust action about Credit history Suisse deal
A brand of Swiss banking large UBS in Zurich, on March 23, 2023. Fabrice Coffrini | Afp | Getty Illustrations or photos Switzerland’s fiscal regulator ruled on Wednesday that the UBS takeover of Credit history Suisse did not create any opposition problems, inspite of recommendations from the country’s antitrust watchdog that it merited more scrutiny. […]
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North Korea rolls out the red carpet for Putin as West fears nuclear implications
Russia’s President Vladimir Putin is greeted by North Korea’s leader Kim Jong Un during a welcoming ceremony at an airport in Pyongyang, North Korea June 19, 2024. Gavriil Grigorov | Via Reuters Russian President Vladimir Putin was met with a grand reception in Pyongyang, North Korea on Wednesday amid concerns from Western officials about the […]
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The UAE is set to be the No. 1 ‘wealth magnet’ in the world, new report shows
The UAE expects to see a internet inflow of 6,700 millionaires from all-around the environment by the close of 2024, in accordance to new investigation. Buena Vista Pictures | Stone | Getty Pictures The United Arab Emirates is set to be the world’s major prosperity magnet for the third yr in a row. That’s according […]
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UK inflation falls to Bank of England’s 2% target ahead of elections
Shoppers on the high street in the Kingston district of London, U.K. Bloomberg | Bloomberg | Getty Images U.K. inflation fell to the Bank of England’s target of 2.0% in May, the Office for National Statistics said Wednesday, in the last print of the key economic measure ahead of national elections in July. The headline […]
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‘Inadvertent geoengineering’: Researchers say low-sulfur transport rules made weather alter worse
Countries at the conference of the United Nations’ International Maritime Organization in London signed a offer for transport emissions to arrive at net zero “by or about” 2050. Ucg | Universal Images Team | Getty Images A sweeping regulatory transform in 2020 to slash air pollution from the world’s ships could have performed a part […]
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Klarna rival Zilch raises $125 million with aim to triple sales and accelerate path to IPO
Zilch CEO Phil Belamant. Zilch LONDON — British fintech firm Zilch said Wednesday it’s raised $125 million in debt financing from German banking giant Deutsche Bank in a deal that will help the company triple sales in the next couple of years and move closer toward an initial public offering. The company, which offers shoppers […]
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Luxury sneaker maker Golden Goose postpones IPO citing political turmoil in Europe
A normal view of Golden Goose Celebrity “Paint Your Adore” sneakers. Icon Sportswire | Icon Sportswire | Getty Photos Italian sportswear manufacturer Golden Goose postponed its Milan IPO on the grounds that the European Parliament elections and the contact for a snap election in France have led to “substantial deterioration” in industry problems. Golden Goose, […]
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Inside Europe’s tech hubs: Does London have what it takes to remain No. 1?
The U.K. is the No. 1 country in Europe for tech by many accounts. In 2023, British startups raised $21.3 billion, their third-highest total on record, according to a report from Dealroom and HSBC Innovation Banking. It’s the No. 1 location in Europe for funding — with France coming in second, raising $9.2 billion last […]
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