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Category: Business

At 4.9%, US economy grows fastest in 2 years – Times of India

Posted on October 27, 2023 By Admin No Comments on At 4.9%, US economy grows fastest in 2 years – Times of India
At 4.9%, US economy grows fastest in 2 years – Times of India

The US economy grew at the fastest pace in nearly two years last quarter, fuelled by a surge in consumer spending.GDP accelerated to a 4.9% annualised rate, more than double the second-quarter pace, according to the government’s preliminary estimate on Thursday. Source link

Business

Instagram sued over harm to young people’s mental health

Posted on October 24, 2023 By Admin No Comments on Instagram sued over harm to young people’s mental health
Instagram sued over harm to young people’s mental health

Meta, the parent company of Instagram and Facebook, is facing legal action from dozens of US states. Source link

Business

Wall Street investors seek shelter | The Express Tribune

Posted on October 21, 2023 By Admin No Comments on Wall Street investors seek shelter | The Express Tribune
Wall Street investors seek shelter | The Express Tribune

NEW YORK: Growing volatility in US stocks is driving a search for defensive assets, though investors may have fewer places to hide this time around. Wall Street’s most closely-watched measure of investor nervousness, the Cboe Volatility Index, on Friday hit its highest in nearly seven months, as the S&P 500 slid for the week. The…

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Business

PKR continues to gain ground against dollar in open market – SUCH TV

Posted on October 20, 2023 By Admin No Comments on PKR continues to gain ground against dollar in open market – SUCH TV
PKR continues to gain ground against dollar in open market – SUCH TV

The Pakistani Rupee continued its winning streak against the US Dollar and reached Rs278.50 in the interbank trading at the start of the trading session on Friday. The rupee appreciation continued against the US dollar on the last business day of the trading week. The USD closed at Rs278.81 on Thursday in comparison to Rs280.29…

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Business

Zomato Shares Hit 52-Week high On Tie Up With IRCTC For Delivery Of Pre-Ordered Meals – News18

Posted on October 18, 2023 By Admin No Comments on Zomato Shares Hit 52-Week high On Tie Up With IRCTC For Delivery Of Pre-Ordered Meals – News18
Zomato Shares Hit 52-Week high On Tie Up With IRCTC For Delivery Of Pre-Ordered Meals – News18

Last Updated: October 18, 2023, 12:24 IST IRCTC ties up with Zomato for delivery of pre-ordered meals Zomato will supply and deliver preordered meals through IRCTC’s online catering portal; Know details Zomato Share Price: Shares of Zomato were trading higher in early trade hit a fresh 52-week high after the food delivery app company announced…

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Business

Meet CEO Who Outsmarted Musk, Bezos, And Zuckerberg, Says Report

Posted on October 15, 2023 By Admin No Comments on Meet CEO Who Outsmarted Musk, Bezos, And Zuckerberg, Says Report
Meet CEO Who Outsmarted Musk, Bezos, And Zuckerberg, Says Report

New Delhi: According to a recent study that examined 100 American executives to determine who was the smartest of them all, Elon Musk may be the wealthiest CEO in the world, but he may not be the smartest.  According to a Preply report, Demis Hassabis of the artificial intelligence startup DeepMind topped the list, surpassing even…

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Business

At Least 11 Journalists Killed in War

Posted on October 13, 2023 By Admin No Comments on At Least 11 Journalists Killed in War
At Least 11 Journalists Killed in War

Mass evacuations, airstrikes, ground fighting and extensive power outages have made reporting on the war in Gaza and Israel enormously dangerous. At least 11 journalists — nine Palestinian, one Lebanese and one Israeli — have been confirmed dead this week, according to the Committee to Protect Journalists. At least one Israeli journalist has been reported…

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Business

Ukraine receives $1.15 billion grant from US under World Bank program – Times of India

Posted on October 11, 2023 By Admin No Comments on Ukraine receives $1.15 billion grant from US under World Bank program – Times of India
Ukraine receives .15 billion grant from US under World Bank program – Times of India

KYIV: Ukraine received a $1.15 billion grant from the United States on Wednesday as part of the PEACE in Ukraine program, the Ukrainian finance ministry said. The PEACE (Public Expenditures for Administrative Capacity Endurance) in Ukraine project has been the World Bank‘s flagship financing instrument for Kyiv during Russia’s war on Ukraine. “In 2023, Ukraine…

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Business

Metro Bank strikes deal to shore up balance sheet

Posted on October 8, 2023 By Admin No Comments on Metro Bank strikes deal to shore up balance sheet
Metro Bank strikes deal to shore up balance sheet

A £325m cash injection, as well as refinancing £600m of debt, will enable it to keep expanding, it says. Source link

Business

Crackdown pulls down gold price sharply | The Express Tribune

Posted on October 5, 2023 By Admin No Comments on Crackdown pulls down gold price sharply | The Express Tribune
Crackdown pulls down gold price sharply | The Express Tribune

KARACHI: The price of gold has dropped sharply in the domestic market in the wake of stern action against the mafia involved in illegal activities. Since the crackdown on illicit trade, the price of gold has come down by a whopping Rs27,000, reaching Rs188,000 per tola. The local gold pricing body has not been releasing…

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Business

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