Nike has suspended online sales in Turkey through its website and mobile app. This decision comes in response to the recent increase in customs duties…
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Published August 10, 2024
Category: News
Latest financial news, market updates, and key industry trends.
Published August 10, 2024
US Electricity Consumption Set to Surge with Data Center Growth
Electricity consumption in the United States is projected to rise significantly over the next decade, driven by the expansion of data-intensive systems, particularly those related…
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Published August 10, 2024
Thailand Begins Testing Crypto Services with Regulatory Sandbox
Thailand has launched a regulatory “sandbox” to test and develop crypto-related services, aiming to advance the sector. This initiative, approved by the Thai Securities and…
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Published August 9, 2024
China Challenges EU and U.S. Trade Measures at WTO
China has escalated its trade tensions with the European Union by filing a complaint with the World Trade Organization (WTO) over the EU’s decision to…
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Published August 9, 2024
Emerging Market Currencies Reach Two-Year High Amid Dollar Weakness
Emerging market currencies have surged to their highest levels in two years, buoyed by a weakening U.S. dollar and a global recovery in stock markets.…
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Published August 9, 2024
Cash Dominates as Investors React to Global Market Declines
In a recent report by Bank of America, the trend among investors during a week of global stock market declines has been a strong preference…
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Published August 9, 2024
Bitcoin Miners’ Reserves Hit Three-Year Low
Bitcoin miners are facing increasing challenges as the block reward halving and rising operational costs strain the industry. As of early August, the total amount…
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Published August 8, 2024
US Stocks Surge After Jobless Claims Drop
US stocks surged on Thursday, driven by a more optimistic update on the labor market. The S&P 500 increased by 1.9%, the Nasdaq soared over…
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Published August 8, 2024
Seaport Lowers Disney to Neutral Amid Financial Concerns
Seaport Research Partners has downgraded Walt Disney (NYSE: DIS) from a “Buy” rating to “Neutral,” citing concerns over the company’s future financial performance in its…
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Published August 8, 2024
Nvidia Loses $900 Billion Amid AI Spending Surge
Despite a surge in AI spending by tech giants, Nvidia Corp. has seen its market value plummet by $900 billion since its June record high.…
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