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02 Feb, 2023
Latest News:
Robert Tonyan, Christian Watson among Packers placed on PUP list
Researchers discover gene that promotes muscle strength during exercise
Investors gauge U.S. stocks rebound: ‘suckers’ rally’ or market bottom?

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Category: Business

Investors gauge U.S. stocks rebound: ‘suckers’ rally’ or market bottom?

August 7, 2022August 1, 2022 dilabadnet

As investors await another jumbo-sized rate increase from the Federal Reserve, they are taking the temperature of a weeks-long U.S. stock market rally that followed a vicious first-half selloff. Even after Tuesday’s sharp fall, the S&P 500 remained up 7% Read more

Business

Toyota plans $1.8 bln Indonesia investment to build electric vehicles

August 6, 2022August 1, 2022 dilabadnet

Japanese carmaker Toyota Motor Corp (7203.T) plans to invest 27.1 trillion rupiah ($1.80 billion) in Indonesia in the next five years to produce electric vehicles (EVs), Indonesia’s economics ministry said on Wednesday. The Southeast Asian country aims to become a Read more

Business

Italy’s antitrust probes Samsung over alleged unfair commercial practices

August 5, 2022August 1, 2022 dilabadnet

Italy’s antitrust authority said on Wednesday it had opened an investigation against Samsung in Italy and two other companies over alleged misleading and aggressive commercial practices. The regulator said it was looking into the deals offered by the companies to Read more

Business

S.Korean inflation expectations hit 2-decade high

August 4, 2022August 1, 2022 dilabadnet

South Koreans’ inflation expectations hit their highest in at least 20 years this month and consumer confidence fell to a two-year low, a survey showed on Tuesday, as a central bank board member pointed to risks to economic growth. In Read more

Business

Inditex founder Ortega buys 5% in Enagas’s renewable, hydrogen unit

August 3, 2022August 1, 2022 dilabadnet

Fashion retailer Zara founder Amancio Ortega bought a 5% stake in Spanish gas grid operator Enagas’s (ENAG.MC) renewable and hydrogen unit Enagas Renovable, Enagas said on Wednesday. Ortega’s family office Pontegadea, which had already taken a 5% stake in Enagas, Read more

Business

Gartner forecasts chip sales growth to slow down in 2022, fall next year

August 2, 2022August 1, 2022 dilabadnet

IT research firm Gartner said on Wednesday it expects global semiconductor sales growth to slow down in 2022 and fall 2.5% next year, hurt by weak sales of mobile phones and personal computers. Rising inflation, and higher energy and fuel Read more

Business

Ukraine aims for $15-20 billion IMF loan by year-end, central bank governor says

August 1, 2022August 1, 2022 dilabadnet

Ukraine aims to strike a deal for a $15-$20 billion programme with the International Monetary Fund before year-end to help shore up its war-torn economy, the country’s central bank governor Kyrylo Shevchenko told Reuters. Battered by Russia’s invasion launched on Read more

Business

Recent Posts

  • Robert Tonyan, Christian Watson among Packers placed on PUP list
  • Researchers discover gene that promotes muscle strength during exercise
  • Investors gauge U.S. stocks rebound: ‘suckers’ rally’ or market bottom?
  • The OnePlus 10T won’t have a mute switch — here’s why
  • Woman lay dead in flat for over 2 years but landlord cut off gas and kept taking rent

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