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...On Thursday, its shares rose 10 per cent to 37 cents, reversing a wobble following the fundraising news....
...Full-year earnings rose from $8.33 to $11.56 a share, just below analysts’ expectations of $11.62. Annual net income rose 37 per cent to $8.5bn....
...Climate change has hurt recent harvests for agricultural goods, with droughts and heatwaves lowering yields....
...Earnings for S&P companies, in contrast, rose by about 4 per cent, although a large portion of the gain was driven by the so-called Magnificent Seven tech stocks....
...Susan Booysen, a political analyst and emeritus professor at Wits University, said Zuma’s MK party had the potential to hurt the ANC at the polls....
...The deal, which will mark a two-thirds expansion of Citadel’s London office space, comes after Griffin has expressed concern about how hybrid or working-from-home practices can hurt a company’s culture....
...Total full-year revenue for 2023 rose 10 per cent to about $25.5bn, roughly matching analysts’ forecasts. Read more here...
...The employment rate fell 0.5 percentage points to 74.5 per cent over the three months to February, while the share of working-age adults who were neither in work or job-seeking rose to 22.2 per cent....
...The benchmark 10-year bond yield rose 0.09 percentage points to 6.35 per cent, the highest level since December, reflecting a fall in prices....
...Sales of its EVs rose 55 per cent between 2022 and 2023 in the US, it said on Tuesday....
...The record profits are another sign of the relative resilience of the Russian economy despite US and European efforts to hurt it via trade restrictions and other punitive measures....
...UK rents rose by a record 9 per cent last month despite stagnant house prices, as higher borrowing costs squeezed both landlords and tenants....
...A combination of weaker demand and cutting down sales channels hurt the business....
...Last year China’s legislative body proposed jailing individuals for up to 15 days if they said things or wore clothes in public that “hurt the feelings of Chinese people”....
...The surge in demand for gilts came as interest rates rose far above the relatively low levels seen since the financial crisis....
...Operating income at its theme park business rose 8 per cent to $3.1bn. But its movie business was hurt by weak cinematic releases including The Marvels and Wish....
...The key point is that an end to China’s leveraging up is enough to badly hurt demand....
...Shares in Citigroup rose 1 per cent in New York. Citi’s quarterly results were the worst since the end of 2009, when it was still emerging from the financial crisis....
...In contrast, discretionary spending was weak as cost of living pressures continued to hurt household finances....
...“hurt the economy a lot”....
...Following the report, Hungary’s currency fell in value and its debt prices rose....
...If you include this group in the so-called Russell 1000 index that is often used for mutual funds, it rose by 23 per cent in 2023....
...Before being appointed to head the commission by President Joe Biden, Khan rose to prominence with a 2017 academic paper calling for the break-up of Amazon....
...One possible explanation is globalisation, which can hurt workers because they have a harder time relocating than owners....
...The more dependent Korean IT companies become on Chinese suppliers, the more this kind of retaliation will hurt.”...
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