Month: July 2024
Oil major BP raises dividend as second-quarter profit beats expectations
A general view of the BP logo and petrol station forecourt sign on January 22, 2024 in Southend, United Kingdom. John Keeble | Getty Images News | Getty Images British oil giant BP on Tuesday reported stronger-than-expected net profit for the second quarter and raised its dividend despite previously warning of significantly lower refining margins. The oil […]
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Dubai set to welcome even more millionaires as wealthy individuals abandon the UK
Aerial view of cityscape and skyscraper at sunset in Dubai Marina. Lu Shaoji | Moment | Getty Images The United Arab Emirates is on track to be the world’s top wealth magnet for the third year running, according to the Henley Private Wealth Migration Report. At the same time, the U.K. – already the source […]
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Self-driving tech company WeRide accelerates global expansion as transportation industry adopts AI
BEIJING, CHINA – JULY 11: People take photos of WeRide Robobus, a fully-driverless shuttle capable of SAE Level 4 autonomous driving, at Beijing High-level Autonomous Driving Demonstration Area on July 11, 2024 in Beijing, China. (Photo by Jia Tianyong/China News Service/VCG via Getty Images) China News Service | China News Service | Getty Images Self-driving […]
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IndiGo CEO discusses airline’s decision to allow women to choose not to sit next to men on flights
Pieter Elbers, CEO of IndiGo, weighs in on the company’s business outlook and initiatives. Source
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China’s manufacturing activity seen extending decline in July
Workers at a factory making lithium battery products for domestic and international markets in Nantong, Jiangsu province, China. Future Publishing | Future Publishing | Getty Images The world’s second-largest economy grew much slower than expected in the second quarter, with the consumer sector a particular cause for concern. Retail sales growth sank to an 18-month low […]
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Indonesian president tries out palace in proposed new capital
Indonesia’s future Presidential Palace in the future capital city of Nusantara, in Penajam Paser Utara, East Kalimantan, on July 11, 2024. The new city is scheduled to begin operating as the country’s new political centre on Aug. 17, 2024 during Indonesia’s 79th Independence Day. Yasuyoshi Chiba | Afp | Getty Images Indonesian President Joko Widodo spent his […]
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CNBC Daily Open: U.S. stocks little changed ahead of Big Tech earnings, McDonald’s misses estimates
Traders work on the floor of the New York Stock Exchange (NYSE) on Oct. 30, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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Trump wavers on Harris debate, says he could ‘make a case’ for skipping
Republican presidential nominee Donald Trump said Monday that while he “probably” will debate Vice President Kamala Harris, he “could also make a case” for avoiding a face-to-face confrontation with his likely Democratic opponent. Trump, in a Fox News interview that aired Monday evening, did not initially say whether he would commit to a debate with […]
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Asia-Pacific markets slide as the Bank of Japan begins two-day meeting
A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images Asia-Pacific markets fell across the region on Tuesday as the Bank of Japan kicks off its two-day monetary policy meeting. When the meeting concludes Wednesday, the BOJ is expected to […]
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These 4 companies — including one backed by Warren Buffett — can leverage AI with their exclusive data, says fund manager
Companies with exclusive access to unique data will be well-positioned to capitalize on the next leg of AI advancements, according to Tema ETF’s Chief Investment Officer Yuri Khodjamirian. AI models, such as OpenAI’s ChatGPT or Anthropic’s Claude, are built by running complex algorithms on large amounts of data. The high quality of data is a […]
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