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Category: Economy

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Latest News (22328 articles)

Economy Bloomberg
85d ago
Arnault Snaps Up LVMH Shares After Vowing to Own More Than 50%

The day after French billionaire Bernard Arnault vowed to raise his stake in luxury conglomerate LVMH to majority ownership, he â€Ļ

Bernard Arnault, the CEO of LVMH, has started buying shares after vowing to increase his â€Ļ High (90%)
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Bloomberg Neutral
Economy Bloomberg
85d ago
Ghana Holds Emergency Cabinet Meeting on Cocoa as Futures Plunge

The president of Ghana, the world’s second-largest producer of cocoa, has called an emergency cabinet meeting as international prices of â€Ļ

Ghana's president has called an emergency cabinet meeting in response to plummeting international cocoa prices, â€Ļ High (90%)
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Bloomberg Neutral
Economy Bloomberg
85d ago
Nexperia Feud Extended as Court Orders Probe Into Chipmaker

A Dutch court ordered an investigation into chipmaker Nexperia BV, deepening a legal dispute that wrested control away from Chinese â€Ļ

A Dutch court has ordered an investigation into Nexperia BV, a chipmaker, amid a legal â€Ļ High (80%)
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Bloomberg Neutral
Economy Bloomberg
85d ago
Adnoc Expands LNG Tanker Fleet to Boost Global Trading Ambitions

Abu Dhabi National Oil Co.’s shipping arm plans to order as many as six liquefied natural gas tankers as the â€Ļ

Adnoc's shipping arm plans to expand its LNG tanker fleet by up to six vessels, â€Ļ High (90%)
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$OIL
Bloomberg Neutral
Economy Bloomberg
85d ago
China Plans to Boost Power Trade to 70% of Total Consumption

China plans to raise the share of electricity trade to 70% of the nation’s total consumption, according to a Wednesday â€Ļ

China aims to increase power trade to 70% of its total consumption by 2030, as â€Ļ High (80%)
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Bloomberg Neutral
Economy Bloomberg
85d ago
Fidelidade Said to Be Worth at Least â‚Ŧ3 Billion in Revived IPO

Fidelidade–Companhia de Seguros SA, the Portuguese insurer controlled by Chinese conglomerate Fosun International Ltd., is carrying out preliminary work toward â€Ļ

Fidelidade, a Portuguese insurer controlled by Fosun International, is considering a potential IPO in Lisbon, â€Ļ High (90%)
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Bloomberg Neutral
Economy Bloomberg
85d ago
Stock Bulls Might See Weak Jobs Data as Impetus for Fed Cuts

History shows that anemic jobs growth typically leads to stock gains, strategist Jim Paulsen says.

Weak jobs data may lead to a potential decrease in interest rates, benefiting the stock â€Ļ High (80%)
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Bloomberg Neutral
Economy Bloomberg
85d ago
What to Watch for in the US January Jobs Report

The delayed non-farm payrolls report arrives on Wednesday with consensus among economists for January at 65,000 jobs added. The Bureau â€Ļ

The US January Jobs Report is expected to show 65,000 jobs added, with a potential â€Ļ High (80%)
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Bloomberg Neutral
Economy Bloomberg
85d ago
Prabowo Set to Sign US Trade Deal, Attend Board of Peace Meeting

Indonesian leader Prabowo Subianto is expected to sign a much-awaited US tariff agreement when he flies to Washington next week â€Ļ

Indonesian leader Prabowo Subianto is set to sign a US tariff agreement and attend a â€Ļ High (90%)
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Bloomberg Neutral
Economy Bloomberg
85d ago
Oil Market Faces 2 Million Barrel-per-Day Surplus: BofA

“The market is oversupplied, inventories are rising,” Francisco Blanch, head of commodities research at Bank of America Global Research, says â€Ļ

Bank of America's commodities research predicts a 2 million barrel-per-day surplus in the global Brent â€Ļ High (90%)
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$OIL
Bloomberg Neutral
Economy Bloomberg
85d ago
Namibia Needs More Funds to Combat FMD Outbreak in Livestock

Namibia estimates it needs far more money than it has already set aside to shield its livestock industry from an â€Ļ

Namibia's livestock industry is facing a significant threat from the foot-and-mouth disease outbreak in South â€Ļ High (70%)
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Bloomberg Neutral
Economy Bloomberg
85d ago
India’s SBI Tops Market Value of Tech Giant TCS After 15 Years

State Bank of India — India’s largest state-backed lender — saw its market value surpass that of the country’s top â€Ļ

India's SBI has surpassed TCS in market value for the first time in 15 years, â€Ļ High (90%)
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Bloomberg Neutral

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