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iPhone maker Apple, Inc. (AAPL) is said to be working on designing and producing its own Artificial Intelligence-powered chips to run AI software on servers at its data centers, according to a Wall Street Journal report on Tuesday. The company, until...

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Germany's exports rebounded at a faster-than-expected pace in March, while industrial orders declined unexpectedly on weak domestic demand, pouring cold water on hopes of better economic recovery. Exports gained 0.9 percent on a monthly basis, reversing...

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European Commissioner for Energy Kadri Simson has announced that the European Commission is preparing to impose a new package of sanctions against Russia. Simson announced the move at a meeting with Ukraine's Energy Minister German Galushchenko during...

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Stocks saw modest strength throughout much of the trading session on Tuesday but gave back ground in afternoon trading to end the day little changed. The Dow still managed to close higher for the fifth consecutive session, reaching its best closing level...

vitamin 30042024 According to scientists from the Francis Crick Institute, the National Cancer Institute, and Aalborg University, vitamin D helps in improving cancer immunity in mice by growing special gut bacteria. To study the connection between vitamin D and cancer...
asiandown oct17 30apr24 Asian stock markets are mostly lower in thin holiday trading on Wednesday, following the broadly negative cues from global markets overnight, as most of the markets are closed for a labor day holiday. Treasury yields jumped on stronger-than-expected US wage data. Traders also remained cautious ahead of the US Fed's monetary policy decision later in the day.
ukflag sept20 01may24 UK house prices declined unexpectedly in April, reflecting affordability pressures amid rising longer term interest rates, data published by the Nationwide Building Society revealed on Wednesday. House prices posted a monthly decline of 0.4 percent after easing 0.2 percent in March. Prices were expected to climb 0.1 percent.
columbiauniversity may01 Police arrested more than 100 pro-Palestinian demonstrators at Columbia University and City College of New York who demanded U.S. companies to divest from Israel due to its occupation and military assault on Gaza. NYPD reportedly cleared protesters from encampments and an occupied building. Columbia's protesters ignored an ultimatum from the university authorities to leave the camp or risk susp
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shalomcrossing may07 Israeli Prime Minister Benjamin Netanyahu has agreed to ensure the Kerem Shalom crossing is open for humanitarian assistance. Natanyahu gave this assurance to President Joe Biden when they spoke over phone on Yom HaShoah, Holocaust Remembrance Day. Israel had closed the Kerem Shalom border crossing to humanitarian trucks after three of its soldiers were killed and three critically injured in ro
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australiandollar feb06 07may24The Reserve Bank of Australia left its benchmark interest rates unchanged at a 12-year high for a fourth straight meeting, as widely expected, on Tuesday. The policy board of the RBA, led by Governor Michele Bullock, decided to maintain the cash rate target at 4.35 percent. The board also retained the interest rate paid on Exchange Settlement balances at 4.25 percent.
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recall may07
Sioux City, Iowa-based Palmer Candy Co. is recalling its "White Coated Confectionary Items" citing the potential to be contaminated with Salmonella, according to the U.S. Food and Drug Administration. The impacted items were distributed across the United States in Walmart, HyVee, Target, and Dollar General stores, among others.
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European stocks closed notably higher on Tuesday, lifted by some strong earnings updates, encouraging economic data, and optimism about interest rate cuts by some major central banks in the second quarter of the year.
Economic Calendar
DateIndicatorPeriodCountry
05/07/24 15:0Consumer CreditMAR United States
05/07/24 10:30CB Leading IndexMAR South Korea
05/07/24 10:30CB Coincidence IndexMAR South Korea
05/07/24 10:0Ivey Purchasing Managers IndexAPR Canada
05/07/24 8:0Consumer Confidence IndexAPR Mexico
05/07/24 6:0Retail Price Index (Y-o-Y)APR Macedonia
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All eyes were on the U.S. Federal Reserve this week as the bank announced its latest policy decision. Find out the signals given out by Chair Jerome Powell regarding the future path of interest rates. Some key data on the U.S. private sector economy were also released. Other main news included the flash estimates of first quarter GDP from Eurozone. Elsewhere, the Paris-based think tank OECD released its latest round of macroeconomic projections for the global economy.

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Market sentiment remained mixed amidst renewed hopes of a sooner-than-expected rate cut by the Fed and geopolitical unease in the Middle East. Read More
As April comes to an end, attention shifts to biotech stocks poised for regulatory events in May. The FDA approved eight novel drugs last May, contributing to a total of 55 approvals in 2023. Read More
Supernus Pharmaceuticals Inc. (SUPN), Tuesday announced a licensing deal with M8 Pharmaceuticals to commercialize its ADHD drug Qelbree under the latter's trademark in Latin America. FDA-approved Qelbree is a prescription medicine to treat attention... Read More
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