News
Intesa Sanpaolo Raises Net-Income Outlook After Strong Fourth Quarter
Italian lender Intesa Sanpaolo raises net-income outlook for 2024-25, fueled by strong Q4 results and higher interest rates.
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Oil Futures Tick Higher Amidst Potential Supply Threats
Oil futures have seen a slight increase as traders monitor potential threats to oil supplies arising from conflicts in the Middle East. Find out the latest figures for oil prices and investment recommendations in this article.
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Bond Yields Dip as Rate-Cut Expectations Ease
Bond yields on US Treasury securities decreased as rate-cut expectations eased following positive economic data and comments from Federal Reserve officials.
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BAT Malaysia seeks to revive sales with Vuse vape brand
BAT Malaysia plans to reverse declining sales by promoting its Vuse vape brand, aiming to become the dominant player in Malaysia's vaping market. Facing challenges from unregulated vapor products and black market tobacco, BAT Malaysia hopes to solidify its market position through vaping expansion.
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King Charles's Cancer Diagnosis: A Common Concern for Older Adults
Buckingham Palace announces King Charles's cancer diagnosis, highlighting the common concern of cancer in older adults. Age is a significant risk factor for cancer diagnoses. Regular health check-ups and early detection are crucial for individuals in this age group.
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First National Bank of Pennsylvania to Pay $13.5 Million Settlement for Lending Discrimination
First National Bank of Pennsylvania will pay $13.5 million to settle allegations of lending discrimination against predominantly Black and Hispanic neighborhoods in North Carolina. The settlement includes investment in credit opportunities for communities of color and improvements to the bank's fair lending program.
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Wrap Technologies Reduces Labor Force and Expands Manufacturing Capacity
Wrap Technologies reduces labor force by 30%, resulting in $2.4 million in annual savings. Company focuses on enhancing manufacturing capacity and sales team to drive growth. Strategic cost-saving measures implemented alongside investments to leverage industry trends. Reinvestment strategy aimed at attracting top-tier talent and maintaining competitive edge.
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Canadian Services Economy Continues Downturn, but Pace of Contraction Slows
The Canadian services economy remains in a downturn, but the pace of contraction has slowed. Challenges include weak market demand and high interest rates.
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Meta Platforms Share Decline Following Record-Breaking Gain
Meta Platforms experienced a slight decline in share prices after a record-breaking gain, overshadowed by Facebook's 20th birthday celebration. Categories: Technology, Social Media. Tags: Meta Platforms, Facebook, shares, market value, earnings. Keywords: Meta Platforms, Facebook, shares, market value, earnings, technology, social media.
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Elanco Animal Health to Sell Aqua Business for $1.3 Billion
Elanco Animal Health Inc. will sell its aqua business to Merck Animal Health for $1.3 billion, allowing the company to focus on larger markets and reduce debt.
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