Archive For The “Latest News” Category

Analysis: KKR's Telecom Italia approach may call time on Italy discount

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LONDON, Nov 30 (Reuters) – A $12 billion takeover proposal for Telecom Italia by private equity giant KKR has highlighted an ‘Italian discount’, which a surge in investor interest and a European fund aimed at supporting its struggling economy could help narrow. At a 36% discount to world stocks, based on 12-month forward earnings, Italian…

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Stock market fragility

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This is an audio transcript of the FT News Briefing podcast episode: Stock market fragility Marc FilippinoGood morning from the Financial Times. Today is Wednesday, December 1st, and this is your FT News Briefing. [MUSIC PLAYING] Marc FilippinoThe new Omicron variant and a more hawkish sounding Fed chair spooked investors yesterday, and the world’s biggest…

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Trump SPAC financier to list hydrogen firm in $1.1b deal

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The company’s technology has been validated through independent assessments by “third-party engineering firms and other experts,” it said, without identifying them or further elaboration. Jorge Arevalo, a former real estate investor and hotelier, founded the company about a decade ago. Mr Arevalo says a realisation of the power required to support those property developments, and…

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UNCTAD forecasts slower maritime growth trade through to 2026

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“The Covid-19 pandemic’s impact on maritime trade volumes in 2020 was less severe than initially expected but its knock-on effects will be far-reaching and could transform maritime transport, “ said UNCTAD in the Review of Maritime Transport 2021.  The report shows that maritime trade contracted by 3.8% in 2020, reflecting an initial shock, but it…

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First trip to Marble City Market yields incredibly tasty results | Grub Scout

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I’d been hearing so much buzz about the opening of Marble City Market, I regretted that it took The Grub Spouse and me as long it did to make our inaugural visit to the Depot Avenue food-and-beverage venue. We stopped in last week for a pre-Thanksgiving lunch and sampled three of the market’s many vendors….

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Trump warns Boris Johnson is making 'big mistake' by backing wind farms

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Donald Trump has warned Boris Johnson he is making a “big mistake” by backing “ridiculous” wind farms to drive the UK’s push to a net zero carbon economy. The former US president said he still liked the British Prime Minister but claimed that he was wrong to support renewable wind energy. The UK has become…

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NZD/USD Forex Technical Analysis – Minor Trend, Momentum Shift to Up on Trade Through .6856

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The New Zealand Dollar posted a volatile outside move, but managed to settle nearly flat on Tuesday. The price action suggests investor indecision and impending volatility. It also indicates investors may be at a loss at how to play the potential onset of a new wave of omicron coronavirus variant infections since they don’t have…

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US needs to step up economic engagement with Asia, Singapore says

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[unable to retrieve full-text content]Deputy PM Heng Swee Keat said Washington must come up with an ‘equally substantial alternative’ to the CPTPP trade pact Trump ditched in 2017.

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Top Marijuana Stocks on the Nasdaq for December 2021

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This article was originally published on this site The marijuana industry consists of companies directly related to the research, development, and distribution of cannabis products, as well as companies that indirectly support these operations. Traditional stock market indices such as the Nasdaq continue to include more companies from the marijuana industry, as a growing number…

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Investors Unfazed as Microsoft CEO Nadella Sells Shares

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This article was originally published on this site ‘Tis the season for selling company stock. After Tesla, Inc. (TSLA) CEO Elon Musk set off a kerfuffle by selling 10% of his holdings in the electric car company, Microsoft Corporation (MSFT) CEO Satya Nadella followed suit last week. According to an SEC filing, Nadella sold 838,584…

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