News

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24 Oct 2024 19:23

Headline: Dominion Energy Acquires Offshore Wind Lease Rights for a Staggering $160 Million

Daily News

Avangrid, a subsidiary of the Iberdrola Group, has completed the sale of the Kitty Hawk North offshore wind site lease rights to Dominion Energy. The $160 million...

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24 Oct 2024 19:23

Headline: "U.S. Highlights AI Risks from China, Points to Coercion Potential"

Daily News

The US government has voiced its concerns regarding China's use of artificial intelligence technology. White House National Security Advisor Jake Sullivan highlig...

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24 Oct 2024 19:17

Headline: "Biden Administration Champions AI Adoption with a Focus on Bolstering Security in Federal Agencies"

Daily News

The White House today issued a directive aimed at expanding the use of artificial intelligence (AI) across federal agencies to bolster national security. The Bide...

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24 Oct 2024 19:16

Wells Fargo Anticipates Up to $3 Billion Loss in Commercial Real Estate Loans

Daily News

Wells Fargo & Co's CEO Charlie Scharf announced on Thursday that the bank could face losses ranging between $2 billion and $3 billion in its commercial real estat...

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24 Oct 2024 19:12

Enterprise Products Shelves New Pipeline Plans in Permian Amid Market Shifts

Daily News

In a statement today, Jim Teague, co-CEO of leading U.S. energy pipeline operator Enterprise Products, announced that the company does not plan to construct a new...

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24 Oct 2024 19:04

Japan Urges G20 to Stay Vigilant Against Currency Market Volatility

Daily News

Japanese Finance Minister Katsunobu Kato expressed concerns about the increasing volatility in the foreign exchange market to the Group of Twenty (G20) finance le...

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24 Oct 2024 19:02

Headline: "Honeywell Falls Short of Sales Targets Amid Supply Chain Challenges"

Daily News

Honeywell International Inc. (NASDAQ:HON) today reported lower-than-expected annual sales projections as it continues to face challenges related to supply chain d...

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24 Oct 2024 19:02

Headline: "Harley-Davidson Lowers Revenue Forecast Amid Declining Demand"

Daily News

Harley-Davidson Inc. has revised its full-year revenue projections downward due to persistent inflation and high borrowing costs weakening demand for its motorcyc...

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24 Oct 2024 18:58

Headline: IMF Approves $8 Billion Loan Tailored to Egypt's Needs

Daily News

The International Monetary Fund (IMF) recently confirmed that Egypt's $8 billion loan program remains appropriate for the country's needs. This statement followed...

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24 Oct 2024 18:55

Intriguing Options on the Horizon: Allianz Evaluates Strategies for Its AllianzGI Division

Daily News

Allianz SE is evaluating strategic options for its Allianz Global Investors (AllianzGI) unit, including a merger or partial sale. According to sources familiar wi...

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24 Oct 2024 18:54

Intriguing Prospects: IMF Identifies Room for Rate Cuts in Asia Amid U.S. Policy Easing

Daily News

A senior official from the International Monetary Fund (IMF) stated that most Asian central banks have the capacity to lower interest rates. This move has become ...

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24 Oct 2024 18:52

Headline: G20 Backs Plan to Boost Climate Fund Efficiency

Daily News

The G20, representing the world's largest economies, has approved a series of recommendations aimed at enhancing the effectiveness of climate financing, particula...

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24 Oct 2024 18:52

G20 Finance Leaders Express Optimism, Reject Protectionism

Daily News

Following the conclusion of meetings held alongside the annual gatherings of the International Monetary Fund (IMF) and the World Bank in Washington, G20 finance m...

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24 Oct 2024 18:48

"IMF Warns of Global Low Growth Risks and Escalating Debt Concerns"

Daily News

International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned on Thursday that the global economy risks entering a prolonged period of low growt...

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24 Oct 2024 18:46

Carrier Global Revises Revenue Forecast Amid Weakening Demand

Daily News

Carrier Global Corporation (NYSE:CARR), a key player in the heating, ventilation, and air conditioning (HVAC) sector, has lowered its annual revenue forecast due ...

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24 Oct 2024 18:43

Headline: Ingram Micro Debuts on NYSE, Soaring to a $6 Billion Valuation

Daily News

Ingram Micro Inc. experienced a 15% surge in its shares today as it returned to the New York Stock Exchange (NYSE), reaching a valuation of $6 billion. This highl...

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24 Oct 2024 18:42

"Exxon Mobil and Qatar Energy Secure Extension for Texas LNG Project"

Daily News

Federal regulators granted Exxon Mobil (NYSE:XOM) and Qatar Energy a three-year extension on Thursday to complete the construction of the Golden Pass LNG facility...

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24 Oct 2024 18:36

Eyeing the Abyss: Lilium's Subsidiaries Teeter on the Edge of Bankruptcy as Stock Value Plummets

Daily News

German air taxi developer Lilium announced today that its two subsidiaries, Lilium GmbH and Lilium eAircraft GmbH, will file for bankruptcy. This decision comes a...

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24 Oct 2024 18:34

Exploring Competition in the U.S. Airline Industry

Daily News

The U.S. Department of Justice's Antitrust Division and the Department of Transportation announced on Thursday that the Biden administration has launched a compre...

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24 Oct 2024 18:33

Headline: "Santander to Establish a Fully-Operational Digital Bank in the U.S. by 2025"

Daily News

Spanish banking giant Santander, traded on the Bolsa de Madrid under the code BME:SAN, is preparing to expand its operations in the United States by establishing ...

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24 Oct 2024 18:10

Headline: Putin Places Confidence in BRICS Payment Systems Despite Trade Challenges

Daily News

Russian President Vladimir Putin addressed the challenges faced by BRICS countries in cross-border payments during a press conference following the BRICS summit h...

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