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...Copper prices have rallied more than 20 per cent since the middle of February to the highest level in about two years at almost $10,000 per tonne because of shortages of copper ore from mines....
...The policymaker’s comments suggest he does not need much more evidence of falling inflation he begins voting for interest rate cuts, even as some MPC members have suggested they are not ready to do the same...
...Toyota has forecast a 20 per cent decline in annual profit as the world’s largest carmaker plans to invest ¥1.7tn ($11bn) in electric vehicle and artificial intelligence technology to compete against its...
...It forecast UK inflation would be 2.8 per cent in 2024 and 2.4 per cent in 2025, adding it expected the BoE to be in a position to lower interest rates in the third quarter of this year....
...Let’s say, based entirely on vibes, that Reed gets a further 20 percentage points on top of this, taking his discount to 50 per cent....
...Does Germany bear some of the blame for Brexit?...
...But not everyone appreciates grey the way his target market does....
...The Foreign Intelligence Surveillance Act, or Fisa, a controversial piece of legislation that allows for warrantless surveillance, passed the House 273-147 on Friday after almost 20 Republicans blocked its...
...“Since then there have been more than 2,000 studies of potential medical applications,” says Hancock....
...The bird was listed as ‘lost’ by the American Bird Conservancy and had gone more than 20 years without being seen....
...Defending deposit bases does not come cheap. During the first quarter, Wells paid a rate of 2.34 per cent on its interest-bearing deposits, nearly twice what it paid a year ago....
...The options market suggests a roughly 20 per cent chance the Fed lowers borrowing costs by as much as 2 percentage points — or eight cuts — in the next 12 months, according to Durham....
...Siemens Healthineers, a peer, is on a 33 per cent premium, at 20 times. Philips will not close that discount overnight, of course....
...Hedge funds have historically been known for a “two and 20” fee model, where investors pay 2 per cent in management fees every year and 20 per cent on any performance gains....
...Lilly, the world’s biggest drugmaker by valuation, said fourth-quarter revenues from its new products category grew by $2.19bn to $2.49bn, driven by sales of diabetes drug Mounjaro and anti-obesity medication...
...Companies that violate the new EU law face fines of 10 or 20 per cent of their global revenue. For Apple, that would be $77bn....
...The party has been gripped by a racism row this month accompanied by speculation that Sunak could face a leadership challenge if his party does badly in local elections on May 2....
...Arm also revised up its full-year revenue guidance from a range of $2.96bn to $3.1bn to a range of $3.15bn to $3.2bn....
...Does Buffett matter?...
...Signal relies on donations and Meta does not give profit figures for WhatsApp. Telegram is not yet profitable....
...Read his interview with the Financial Times. 2. China’s trade returned to growth in dollar terms in April after declines in the previous month, government data released today showed....
...Pubs have been redistributed in recent decades in a way that does not fit the legend. Many have closed in rural areas, outer suburbs and towns but there are more of them in Hackney than 20 years ago....
...One told me he typically does 20 to 30 deliveries a day. “There is no money to be made in China. You can make money in foreign countries and Hong Kong....
...The settlement does not specify from whose cut the 4 bps decrease in interchange fees will come....
...But the Supreme Court judges disagreed unanimously, stating in their judgment: “The exception to immunity . . . does not apply because the silver was not, at the time when the cause of action arose, in use...
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