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...The developments come six months after Nick Ephgrave became director of the agency....
...Microsoft shares — which have risen 7.6 per cent this year to make it the world’s most valuable company by market capitalisation — were up 4.4 per cent in after-hours trading....
...If not, power vacuums lead to looting and criminality, as occurred after US military interventions in Panama and Iraq....
...Hengameh was not the only Iranian exuding relief after Israel’s muted response on Friday to Tehran’s assault on the Jewish state....
...US government bonds remained under pressure on Thursday after fresh data showed the world’s biggest economy slowed in the first quarter of 2024, but inflationary pressures persisted....
...The yen fell through ¥156 against the dollar after the Bank of Japan maintained its interest rates near zero despite rising pressure on the central bank to prop up the currency....
...Shortly after Biden signed the legislation on Wednesday, TikTok put out a statement saying it would file a legal challenge against what it described as an “unconstitutional law”....
...General Motors raised its guidance range for the year after reporting strong first-quarter revenue thanks to stable pricing and demand despite high interest rates....
...Shares of Los Angeles-based social media platform Snap jumped more than 30 per cent after its earnings beat analysts’ expectations as increasing demand for its advertising services boosted sales....
...Shares of Los Angeles-based social media platform Snap jumped more than 30 per cent after its earnings beat analysts’ expectations as increasing demand for its advertising services boosted sales.The company...
...Stamp is stepping down after less than two years in the role and almost seven years at the company....
...While the global luxury market has been slowing for the past year after a multiyear pandemic boom, other groups have fared better in the transition....
...But Khan said investors returning to Nigeria are those already familiar with the market, and there has not been a rush like that seen in Egypt after it secured a $55bn bailout and Gulf investment package...
...European stocks opened lower, weighed down by steep declines for technology groups after first-quarter results from Meta disappointed investors and rekindled fears that Mark Zuckerberg would not control...
Expect more deals after Prysmian’s acquisition of Encore Wire
...Shares in UK online beauty and nutrition group THG fell 4 per cent on Wednesday after it reported an operating loss of £185mn in 2023, down from a loss of £495mn a year earlier....
...The purchase comes after the company posted its 2023 results, in which pre-tax profit more than halved due to higher interest rates hitting the value of its properties....
...Ukrainian President Volodymyr Zelenskyy thanked the US Senate shortly after it approved a bill to deliver $61bn of aid to Ukraine late on Tuesday, following months of delay that saw Russian forces make gains...
...Futures contracts tracking Wall Street’s S&P 500 were down 1.1 per cent in the minutes after the data release, while those tracking the technology-heavy Nasdaq 100 were down 1.4 per cent, compounding losses...
...The improved guidance comes after first-quarter sales of Merck’s popular Keytruda cancer drug jumped 20 per cent year on year to $6.9bn, ahead of analysts’ expectations....
...Shares of a Chinese bubble tea company dropped as much as 38 per cent on their first day of trading after listing on Hong Kong’s stock exchange....
...Plus, international investors have rushed into Egypt’s debt after the most populous Arab nation secured a $55bn bailout....
...Italian energy major Eni has beefed up its share buyback for 2024 by 45 per cent after first-quarter profits came in slightly ahead of forecasts....
...Vodafone Idea was formed in 2018 as a joint venture between the UK telecoms company’s Indian unit and the Mumbai-based conglomerate Aditya Birla Group, after the disruptive entrance of Jio, the operator...
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