Asian Shares Rise On Strong US Data, China Stimulus

Asian stocks traded higher on Friday as strong U.S. economic data and more stimulus measures from major importer China helped ease concerns around global growth. The dollar retained overnight gains while crude prices held near their highest level since early-November 2022 after China cut banks’ cash requirements to release more liquidity into the Chinese economy and potentially shore up economic […]

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Cipla on the block: Who’s a better fit and what it means for shareholders?

India’s third-largest pharmaceutical company by revenue, Cipla, is up for grabs in a three-way fight between Torrent Pharmaceuticals, Dr Reddy’s Laboratories (DRL) and private equity (PE) giant Blackstone. Analysts say it is more likely for a strategic investor like Torrent or DRL to acquire Cipla than a PE firm, which may not derive healthy returns at Cipla’s current market price […]

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US Strengthening Deterrence In Taiwan Strait

The U.S. Defense Department is working with other government agencies, allies and friends to strengthen deterrence across the Taiwan Strait to ensure peace and prosperity in the Indo-Pacific region, a high ranking DOD leader told the House Armed Services Committee. Ely Ratner, the Assistant Secretary of Defense for Indo-Pacific security affairs, testified about the situation in the Taiwan Strait and […]

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The Best Company to Work for in America

There are a lot of lists of best and worst companies to work for. In a new study from Indeed called the Better Works Awards, a company no one has heard of is at the top of the list: Love’s Travel Shops & Country Store. (These are America’s 25 thriving industries.) Love’s has a score of 83 out of a maximum […]

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Elon Musk Floats Plan To Charge “Small Monthly” Payment For Anyone To Use X, Formerly Known As Twitter

Elon Musk said that X, formerly known as Twitter, is moving to a “small monthly payment system” because “it’s the only way I can think of to combat vast armies of bots.” In a discussion on Monday with Israel’s prime minister, Benjamin Netanyahu, Musk suggested that it would be a lower-tier pricing structure than its $8-per-month Twitter Blue, its premium […]

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‘Sound Of Freedom’ Movie’s Hero, Tim Ballard, Subject Of Sexual Misconduct Allegations & Inquiry Involving 7 Women – Report

Tim Ballard, the real-life founder and onetime CEO of Operation Underground Railroad who is portrayed by Jim Caviezel in the indie hit Sound of Freedom, was the subject of sexual misconduct allegations and a related investigation involving seven women, according to a story published by Vice. Related Stories ‘Sound Of Freedom’s Angel Studios Responds To Reports Of Pic Crowdfunder’s Arrest […]

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U.S. Stocks Most Mostly Higher, Nasdaq Jumps Following Tesla Upgrade

Following the notable pullback seen last week, stocks moved mostly higher during trading on Monday. The major averages all moved to the upside on the day, adding to the modest gains posted last Friday. The major averages all closed in positive territory, with the tech-heavy Nasdaq posting a standout gain. The Nasdaq jumped 156.37 points or 1.1 percent to 13,917.89, […]

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