News

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24 Oct 2024 18:55

Intriguing Options on the Horizon: Allianz Evaluates Strategies for Its AllianzGI Division

Daily News

Allianz SE is evaluating strategic options for its Allianz Global Investors (AllianzGI) unit, including a merger or partial sale. According to sources familiar wi...

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24 Oct 2024 18:54

Intriguing Prospects: IMF Identifies Room for Rate Cuts in Asia Amid U.S. Policy Easing

Daily News

A senior official from the International Monetary Fund (IMF) stated that most Asian central banks have the capacity to lower interest rates. This move has become ...

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24 Oct 2024 18:52

Headline: G20 Backs Plan to Boost Climate Fund Efficiency

Daily News

The G20, representing the world's largest economies, has approved a series of recommendations aimed at enhancing the effectiveness of climate financing, particula...

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24 Oct 2024 18:52

G20 Finance Leaders Express Optimism, Reject Protectionism

Daily News

Following the conclusion of meetings held alongside the annual gatherings of the International Monetary Fund (IMF) and the World Bank in Washington, G20 finance m...

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24 Oct 2024 18:48

"IMF Warns of Global Low Growth Risks and Escalating Debt Concerns"

Daily News

International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned on Thursday that the global economy risks entering a prolonged period of low growt...

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24 Oct 2024 18:46

Carrier Global Revises Revenue Forecast Amid Weakening Demand

Daily News

Carrier Global Corporation (NYSE:CARR), a key player in the heating, ventilation, and air conditioning (HVAC) sector, has lowered its annual revenue forecast due ...

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24 Oct 2024 18:43

Headline: Ingram Micro Debuts on NYSE, Soaring to a $6 Billion Valuation

Daily News

Ingram Micro Inc. experienced a 15% surge in its shares today as it returned to the New York Stock Exchange (NYSE), reaching a valuation of $6 billion. This highl...

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24 Oct 2024 18:42

"Exxon Mobil and Qatar Energy Secure Extension for Texas LNG Project"

Daily News

Federal regulators granted Exxon Mobil (NYSE:XOM) and Qatar Energy a three-year extension on Thursday to complete the construction of the Golden Pass LNG facility...

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24 Oct 2024 18:36

Eyeing the Abyss: Lilium's Subsidiaries Teeter on the Edge of Bankruptcy as Stock Value Plummets

Daily News

German air taxi developer Lilium announced today that its two subsidiaries, Lilium GmbH and Lilium eAircraft GmbH, will file for bankruptcy. This decision comes a...

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24 Oct 2024 18:34

Exploring Competition in the U.S. Airline Industry

Daily News

The U.S. Department of Justice's Antitrust Division and the Department of Transportation announced on Thursday that the Biden administration has launched a compre...

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24 Oct 2024 18:33

Headline: "Santander to Establish a Fully-Operational Digital Bank in the U.S. by 2025"

Daily News

Spanish banking giant Santander, traded on the Bolsa de Madrid under the code BME:SAN, is preparing to expand its operations in the United States by establishing ...

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24 Oct 2024 18:10

Headline: Putin Places Confidence in BRICS Payment Systems Despite Trade Challenges

Daily News

Russian President Vladimir Putin addressed the challenges faced by BRICS countries in cross-border payments during a press conference following the BRICS summit h...

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24 Oct 2024 18:10

Headline: "D.E. Shaw Rallies Behind Mantle Ridge's Campaign to Revamp Air Products' Board"

Daily News

In a significant development, the hedge fund D.E. Shaw has decided to support Mantle Ridge's campaign for changes at Air Products and Chemicals, Inc. (NYSE: APD) ...

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24 Oct 2024 18:08

News Headline: UnitedHealth Data Breach Affects 100 Million Individuals in the US, Marking the Nation's Largest Breach

Daily News

According to information from the U.S. Department of Health's website, a hacking incident involving UnitedHealth Group's Change Healthcare unit affected the perso...

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24 Oct 2024 17:25

Headline: Insufficient Commitments: Stellantis' Acquisition by Tofaş Under Scrutiny

Daily News

The Competition Authority deemed the commitments made regarding the acquisition of Stellantis by Tofaş as insufficient. The statement noted: "In the transaction c...

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24 Oct 2024 15:53

Headline: IMF Warns China's Growth Could Plunge Below 4%

Daily News

International Monetary Fund (IMF) Managing Director Kristalina Georgieva expressed concerns today about China's economic growth during a press conference. Georgie...

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24 Oct 2024 15:48

Headline: Kongsberg Reports Robust Q3 Growth and Record-Breaking Order Volume

Daily News

In the recent third-quarter earnings call, the global technology group Kongsberg announced a significant year-on-year revenue increase of 19%, reaching NOK 11.92 ...

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24 Oct 2024 15:48

Headline: Atos Unveils Q3 Results Amidst Strategic Restructuring Efforts

Daily News

Atos SE (ATO.PA), a global leader in digital transformation, has announced its financial results for the third quarter of 2024. Under the leadership of newly appo...

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24 Oct 2024 15:47

Headline: Ipsos Reports Growth Amidst Challenging Q3, Sets Sights on Future Acquisitions

Daily News

In its third-quarter earnings presentation, global market research company Ipsos reported modest year-on-year growth, despite experiencing a notable slowdown due ...

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24 Oct 2024 15:46

Headline: Stora Enso Reports Growth Amid Market Challenges

Daily News

Stora Enso (STERV.HE), a leading provider in renewable packaging, biomaterials, wooden construction, and paper solutions, announced continued profit improvement w...

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24 Oct 2024 15:45

Ameriprise Financial Q3 2024 Earnings Call: Robust Growth Reported

Daily News

Ameriprise Financial (AMP) reported robust financial performance in its Q3 2024 earnings call. Assets under management and administration (AUMA) significantly inc...

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