Month: June 2024
Celtics win 18th NBA championship with 106-88 Game 5 victory over Dallas Mavericks
Jayson Tatum #0 of the Boston Celtics rebounds the ball against the Dallas Mavericks during Game 5 of the 2024 NBA Finals on June 17, 2024 at the TD Garden in Boston. Jesse D. Garrabrant | National Basketball Association | Getty Images The Boston Celtics again stand alone among NBA champions. Jayson Tatum had 31 […]
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Hong Kong stock markets will continue trading during typhoons, starting Sept. 23
HONG KONG, CHINA – OCTOBER 13: A taxi crosses an empty intersection in the Central business district during a No. 8 Storm signal raised for Typhoon Kompasu, the 18th typhoon of this year, on October 13, 2021 in Hong Kong, China. China News Service | China News Service | Getty Images Hong Kong’s financial markets […]
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Asia-Pacific markets rebound as Wall Street rallies overnight; Australia rate decision on tap
A pedestrian and jogger pass the Reserve Bank of Australia (RBA) building, during a partial lockdown imposed due to the coronavirus, in Sydney, Australia, on Monday, May 18, 2020. David Gray | Bloomberg | Getty Images Asia-Pacific markets rebounded on Tuesday as Wall Street surged overnight, with investors awaiting the Reserve Bank of Australia’s interest […]
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Chinese official slams EU probe into EV subsidies as ‘selective’
Employees assemble new energy vehicles at an intelligent factory of electric vehicle company Leapmotor on April 8, 2024 in Jinhua, Zhejiang Province of China. Vcg | Visual China Group | Getty Images BEIJING — Europe’s probe into Chinese electric cars was overly selective to the point that the results are not credible, a Chinese official […]
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Putin vows trade and security tie-ups with North Korea beyond the West’s reach
Russian President Vladimir Putin attends a plenary session of the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 7, 2024. Anton Vaganov | Reuters Vladimir Putin promised to build trade and security systems with North Korea that are not controlled by the West and pledged his unwavering support in a letter published […]
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Judge tosses Exxon Mobil lawsuit against activist shareholder Arjuna over climate proposal
A federal judge in Texas on Monday dismissed a controversial lawsuit by Exxon Mobil against activist shareholder Arjuna Capital over a climate proposal, ruling that the investor’s promise that it would not submit a similar resolution in the future had rendered the case moot. “Arjuna has eliminated any case or controversy between the Parties here, […]
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‘Robust growth opportunity’: Citi loves this global stock as it pivots to AI data centers
Industrial property firm Goodman Group is converting its traditional warehouses into data centers to meet the surging demand for artificial intelligence infrastructure. Citi believes this trend will likely drive “double-digit medium-term earnings growth” and has added the Australian stock to its “Pan-Asia Focus list.” Data centers are large buildings that house critical computing infrastructure and […]
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Stock futures are little changed as investors await May retail sales data: Live updates
Traders walk the floor during morning trading at the New York Stock Exchange on May 14, 2024. Spencer Platt | Getty Images Stock futures are near flat Monday night after a winning day on Wall Street as investors gear up for May retail sales data. Dow Jones Industrial Average futures rose 28 points, or 0.1%. […]
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Activist Starboard sues Autodesk in bid to mount proxy fight
Autodesk president and CEO Andrew Anagnost. Autodesk Starboard Value sued software maker Autodesk on Monday to delay the company’s annual meeting and reopen the board nominating window and allow the activist to mount a proxy fight. Activists can typically only begin a proxy fight, involving the nomination of a slate of directors to replace the existing board, if […]
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FDA approves Merck vaccine designed to protect adults from bacteria that can cause pneumonia, serious infections
Zoom In IconArrows pointing outwards Merck’s new pneumococcal vaccine. Courtesy: Merck The Food and Drug Administration on Monday approved Merck‘s new vaccine designed to protect adults from a bacteria known as pneumococcus that can cause serious illnesses and a lung infection called pneumonia, the drugmaker said. Merck’s shot, called Capvaxive, specifically protects against 21 strains […]
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