Month: July 2024
Swiss stock exchange says trading halted due to data problems
Four Chinese companies raised about $1.5 billion in July by issuing shares on the Six Swiss Exchange via a new China stock connect program. Bloomberg | Bloomberg | Getty Images Switzerland’s stock exchange SIX said trading had been halted on Wednesday morning across all products until further notice due to issues with disseminating data. SIX […]
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Trump to speak at Black journalists convention, as Harris erases his lead in polls
U.S. President Donald Trump speaks on Day 4 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 18, 2024. Jeenah Moon | Reuters Donald Trump is set to field reporters’ questions at the National Association of Black Journalists Annual Convention in Chicago on Wednesday, as he re-tools his presidential […]
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Washington, D.C., attorney general sues StubHub, alleging deceptive pricing
The StubHub logo is seen at its headquarters in San Francisco. Andrej Sokolow | Picture Alliance | Getty Images Washington, D.C., Attorney General Brian Schwalb sued the online ticket exchange platform StubHub on Wednesday, alleging deceptive and unfair pricing. The lawsuit claims StubHub uses deceptive advertising of low ticket prices to lure consumers who pay […]
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CNBC Daily Open: BOJ ups rate to 0.25%; U.S. stocks fall; Starbucks’ same-store sales decline
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, no matter where they are. Like what you see? You can subscribe here. Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, […]
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HSBC reports narrow first-half profit decline, beats expectations
Aaron P | Bauer-Griffin | GC Images | Getty Images Europe’s largest lender HSBC posted a narrow decline in pretax profit in the first half of the year, but beat expectations on the back of a high-interest rate environment. The bank posted pretax profit in the six months to June of $21.56 billion, down from […]
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The price of a dream: Why becoming an Olympic athlete is so expensive
The Atlanta Olympic Games were a low point for British sport. Great Britain returned from the 1996 Summer Games with just one gold medal in hand — and 15 overall. “There was an immediate overhaul,” said Ben Bloom, a sports journalist who has covered the Olympics for more than a decade. UK Sport, a government […]
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Bank of Japan raises benchmark interest rate, outlines roadmap for trimming bond buying program
The Bank of Japan headquarters (top C) is seen in Tokyo on December 19, 2023. Kazuhiro Nogi | Afp | Getty Images Japan’s central bank has raised its benchmark interest rate to “around 0.25%” from it previous range of 0% to 0.1% and outlined its plan to taper its bond buying program. But the Bank […]
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Iran says Hamas leader Ismail Haniyeh was assassinated in Tehran
Hamas Political Bureau Chairman Ismail Haniyeh attending an exclusive interview with Anadolu in Istanbul, Turkiye on April 20, 2024. Anadolu | Anadolu | Getty Images Hamas leader Ismail Haniyeh was assassinated in Tehran, Iran’s paramilitary Revolutionary Guard said early Wednesday, and Hamas blamed Israel for the attack. Israel has vowed to kill Haniyeh and other […]
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Japan’s new currency diplomat keeps intervention on table to stabilize yen
An employee counts Japanese yen notes in Tokyo, Japan. Tomohiro Ohsumi | Getty Images Japan will retain its basic approach on the yen with intervention remaining an option to tackle excessively volatile moves in the exchange rate, the country’s new top currency diplomat Atsushi Mimura told Reuters. “Japan will act under internationally agreed commitments that exchange rates should be determined by markets, but that […]
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Here’s how much athletes at the Paris Olympics earn for winning medals
Olympic and Paralympic medals are shown during the unveiling of the Paris 2024 Olympic and Paralympic Games Medals on February 1, 2024 in Paris, France. Pascal Le Segretain | Getty Images Sport | Getty Images The Paris 2024 Olympics is well underway, with dozens of medals already handed out. Aside from a medal, a stuffed […]
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