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Wall Street Anticipates Fed to Keep Interest Rates Unchanged
Wall Street widely expects the Federal Reserve to keep interest rates unchanged on Wednesday after the conclusion of its two-day policy meeting. However, ...
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NIO Announces $1 Billion Convertible Bond Offering
Chinese electric-vehicle maker NIO is set to raise funds through a $1 billion convertible bond offering, following in the footsteps of other EV ...
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Kingfisher Lowers Fiscal 2024 Guidance After Profit Decline
By Christian Moess Laursen Home improvement retailer, Kingfisher, has adjusted its fiscal 2024 guidance following a decline in pretax profit for the first ...
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China’s Economic Slowdown and S&P 500 Implications
The sluggish post-pandemic economic recovery in China has sparked concerns among investors. While the world’s second-largest economy, China’s contribution to the aggregate revenue ...
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U.S. Rep. Jennifer Wexton Announces Decision Not to Seek Reelection
FALLS CHURCH, Va. — U.S. Representative Jennifer Wexton, a Democrat representing the northern Virginia suburbs of Washington, has announced that she will not ...
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U.S. Stock Futures Steady Amid Cautionary Bond Yields
U.S. stock futures exhibited slight gains on Monday, although traders remained cautious as bond yields rose and the market looked ahead to the ...
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City of London Investment Group Reports Decrease in Profit for Fiscal 2023
City of London Investment Group, a U.K.-based investment company, has announced a decrease in pretax profit for the fiscal year 2023. The company ...
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UAW President Rejects Stellantis’ Pay Increase Offer
Continuing Picketing Outside Plants in Michigan, Missouri, and Ohio United Auto Workers (UAW) President Shawn Fain has rejected a 21% pay increase offered ...
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The Challenge for China’s Traditional Automakers in the Electric Vehicle Transition
The transition to electric vehicles in China has not been easy for the country’s traditional automakers. While the market share of battery-electric vehicles ...


