World
Short seller Andrew Left surrenders on securities fraud charges in L.A., due in court
Andrew Left, founder and CEO of Citron Research Adam Jeffery | CNBC The activist short seller Andrew Left surrendered in Los Angeles on Monday to face federal criminal securities fraud charges, a spokesman for the U.S. Attorney’s Office there said. Left, 54, is scheduled to appear before Magistrate Judge Rozella Oliver in U.S. District Court […]
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U.S. crude oil falls nearly 2% as traders unfazed by Israel-Hezbollah escalation
Smoke billows following an Israeli airstrike in the southern Lebanese border village of Chihine on July 28, 2024. Kawnat Haju | Afp | Getty Images U.S crude oil futures fell nearly 2% on Monday as traders appeared unfazed by the risk of a widening war between Israel and the Iran-backed militia Hezbollah. A rocket fired […]
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Apple releases first preview of its long-awaited iPhone AI
Apple Intelligence introduced during Apple’s WWDC 2024 in Cupertino, California, on June 10, 2024. Source: Apple Inc. Apple on Monday released the first version of Apple Intelligence, its suite of artificial intelligence features that will improve Siri, automatically generate emails and images and sort notifications. The new software called Apple Intelligence was released in the […]
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Stocks making the biggest moves midday: Walt Disney, Dexcom, McDonald’s, On Semiconductor and more
Check out the companies making headlines in midday trading: McDonald’s — McDonald’s shares jumped more than 4% even after the fast-food giant posted quarterly earnings and revenue that fell short of Wall Street’s estimates. The company also reported a decline in same-store sales. Revvity — The life sciences company advanced 6% after posting a second-quarter […]
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French telecoms network hit by vandalism within days of arson attacks against national railways
SNCF employees repair the scene of a suspected attack on the Eastern high speed railway network in Vandieres, north eastern France on July 26, 2024, as France’s high-speed rail network was hit by an attack disrupting the transport system, hours before the opening ceremony of the Paris 2024 Olympic Games. Jean-christophe Verhaegen | Afp | […]
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SoftBank-backed Ola Electric aims to raise $734 million in India’s biggest IPO this year
The new Ola electric scooters displayed during its launch at the Ola headquarters in Bangalore on August 15, 2021. (Photo by Manjunath Kiran / AFP) (Photo by MANJUNATH KIRAN/AFP via Getty Images) Manjunath Kiran | Afp | Getty Images Indian e-scooter maker Ola Electric said on Monday it aimed to raise $734 million in this […]
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Swiss pharma giant Roche to accelerate Wegovy rival drugs after positive trial data
Sopa Images | Lightrocket | Getty Images Swiss pharmaceutical giant Roche said Monday it is accelerating the development of its Wegovy rival weight loss drugs following promising early stage trial data. The company’s two obesity drug candidates are progressing to the next phase of trials and could come to market within the next few years, […]
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Two dead, up to 100 injured after Russian train and truck collide
A view shows derailed carriages of a passenger train after a collision with a truck in the Volgograd Region, Russia July 29, 2024. Head Of Kotelnikovsky Municipal | Via Reuters MOSCOW – At least two people were killed and up to 100 people injured on Monday when a passenger train carrying 800 people collided with […]
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European markets start the new trading week higher as earnings season continues
LONDON — European markets were higher Monday as investors digest U.S. inflation data and look ahead to another busy week of earnings and central bank meetings. The Stoxx 600 index was up 0.21% by 9:50 a.m. London time, with most sectors and major bourses across the region trading in the green. Oil and gas stocks […]
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Heineken shares fall 7% after first-half profit miss
In this photo illustration, bottles of Heineken beer are displayed on July 31, 2023 in San Anselmo, California. Justin Sullivan | Getty Images Heineken shares opened nearly 7% lower on Monday, after the brewing giant’s first-half profit growth came in weaker than analysts had expected. The company’s stock was trading down 6.7% at 9:30 a.m. […]
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