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Monthly Archives: October 2023

British Finance Minister Jeremy Hunt rules out short-term tax cuts

Jeremy Hunt, Britain’s Chancellor of the Exchequer, speaks on the second day of the the Conservative Party Conference on October 02, 2023 in Manchester, England. Christopher Furlong | Getty Images News | Getty Images MANCHESTER, ENGLAND — U.K. Finance Minister Jeremy Hunt on Monday ruled out tax cuts in the …

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Bitcoin climbs above $28,000, hitting highest level since mid-August

The logo for Bitcoin on a screen in Hong Kong, China, on Wednesday, May 24, 2023. Paul Yeung | Bloomberg | Getty Images Crypto prices rallied on Monday, pushing bitcoin to its highest level in more than a month. Bitcoin rose more than 4.5% to $28,329, for its highest level …

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Billionaire Bernard Arnault hits back at ‘absurd’ and ‘senseless’ money laundering allegations

World’s top luxury group LVMH head Bernard Arnault presents the group’s annual results 2022 in Paris on January 26, 2023. Stefano Rellandini | AFP | Getty Images Billionaire LVMH CEO Bernard Arnault has hit back at allegations of money laundering, after the Paris prosecutor’s office confirmed it is investigating financial …

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World Bank downgrades developing East Asia growth forecast

An urban view of high-rise buildings at dusk as seen from Hong Kong’s Victoria Peak on July 23, 2023 in Hong Kong, China. Future Publishing | Future Publishing | Getty Images The World Bank trimmed its growth forecast for developing East Asia and Pacific, citing a sluggish China and global …

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David Roche sees grain prices rising, contrary to market consensus

A combine operator climbs aboard a combine as they harvest wheat at a farm near Kramatorsk, in Donetsk region on August 4, 2023, amid the Russian invasion of Ukraine. Anatolii Stepanov | AFP | Getty Images Grain prices have been in freefall of late as investors bet on a resurgence …

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BOJ increases Wednesday’s bond purchase as 10-year JGB yields hit decade peak

A pedestrian walks past the Bank of Japan (BoJ) building in central Tokyo on July 28, 2023. Richard A. Brooks | Afp | Getty Images The Bank of Japan announced it’s increasing its bond purchases at Wednesday’s auction, as a spike in government bond yields tests its resolve to defend …

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China demand for oil and copper is ‘booming,’ says Goldman Sachs

An oil pump at sunset in Daqing, Heilongjiang province, China, on July 13, 2006. Lucas Schifres | Getty Images China’s demand for many major commodities has been growing at “robust rates,” Goldman Sachs said in a recent note. The investment bank observed that China’s demand for copper has risen 8% …

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Is the party over? New data suggests revenge travel may be ending soon

The era of unabated “revenge travel” may be coming to a close. New reports show that, after years of inflation and rising travel costs, travelers may finally be curtailing their travel plans. A new report by the research company Morning Consult shows that travel intentions are increasing in several countries, …

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Mark Cuban says key to successful sales is helping people

Mark Cuban learned the key to a successful sale when he was just 12 years old. In a recent interview with GQ, Cuban was asked what the “key to selling well” was. His answer: “You’re not trying to convince people. You’re trying to help them.” He learned this piece of …

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68-year-old engineer spent 50 years with one company—his one regret

When Kip Turner first applied to a job with AT&T in 1973, he didn’t expect that he’d spend his whole career with them. Turner was 18 years old at the time and had just finished a year at Arkansas State University studying animal science. But, after seeing all the schooling …

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