Month: August 2024
Mpox outbreak: Here’s how Asian nations have reacted to WHO emergency declaration
The World Health Organization declared the spread of mpox a global health emergency last week. Tumeggy/science Photo Library | Science Photo Library | Getty Images Countries in Asia are closely monitoring for mpox cases after the World Health Organization recently declared an escalating outbreak in Africa as a global public health emergency. Mpox, formerly known […]
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Canada’s Couche-Tard makes preliminary bid for Japan’s Seven & i
7-Eleven logo is seen near the shop in Chicago, United States on October 18, 2022. Jakub Porzycki | Nurphoto | Getty Images Japan’s Seven & i, owner of the 7-Eleven convenience stores, said it has received a preliminary takeover offer from Canada’s Alimentation Couche-Tard, potentially the biggest purchase of a Japanese company by an overseas […]
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Beijing and Hollywood are decoupling as Chinese audiences favor domestic productions
Cosplayers pose for a photo in front of a life-size model of the new Marvel Universe movie “Deadpool & Wolverine,” authorized by Disney and seen in Shanghai, China, on July 26, 2024. Vcg | Visual China Group | Getty Images Hollywood blockbusters have dominated international box offices for decades, but in recent years, they have […]
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Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data
Customers shop for groceries at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024. Gabby Jones | Bloomberg | Getty Images Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising it, as fresh labor market data sparked a reassessment of market views on the […]
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Gold set for fresh highs ahead of Fed rate decision — analysts see prices at $3,000 by next year
An employee handles one kilogram of gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22, 2023. Chalinee Thirasupa | Bloomberg | Getty Images Gold prices have been hitting new highs and analysts expect more records, with some forecasting the metal to hit $3,000 per ounce next year, as […]
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U.S., China sign agreement to cooperate on financial stability
Key Points The U.S. and China have signed agreements for cooperating on financial stability, according to a People’s Bank of China readout Monday. The agreement was part of a meeting of the U.S.-China Financial Working Group in Shanghai Thursday and Friday. The readout described the conversation as “professional, pragmatic, candid and constructive,” according to a […]
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European markets start the new trading week in mixed territory
London’s Bishopsgate, the British capital’s financial district. Vuk Valcic | Sopa Images | Lightrocket | Getty Images LONDON — European stocks started the new trading week in mixed territory, after global markets rallied last week. The pan-European Stoxx 600 index was marginally lower in opening deals, down 0.08%, with sectors and major bourses diverging. Tech […]
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CNBC Daily Open: Wall Street’s ‘dress rehearsal’
Traders work the floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | 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, no matter where they are. Like what you […]
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DNC 2024 Live updates: Day one honors Biden’s legacy, but protests could strain party unity
Trump, Vance to spend the day campaigning in Pennsylvania Republican presidential nominee and former U.S. President Donald Trump holds a campaign rally in Harrisburg, Pennsylvania, U.S., July 31, 2024. Elizabeth Frantz | Reuters As Democrats gather in Chicago, the two Republican nominees will spend the day at separate campaign events in battleground Pennsylvania. Trump will […]
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Philippines detects first mpox case this year, yet to determine strain
An undated colorized transmission electron micrograph of mpox virus particles (pink) found within an infected cell (yellow), cultured in the laboratory, captured at the National Institute of Allergy and Infectious Diseases (NIAID) Integrated Research Facility (IRF) in Fort Detrick, Maryland. \ NIAID | Via Reuters The Philippines has detected a new case of the mpox […]
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