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2024-11-15 01:19:29

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@nprofile…l9nl
✍️ US markets fell on Thursday, with the S&P 500, Dow Jones, and Nasdaq Composite all declining, as investors turned their attention to inflation and interest rates.
👉 US markets fell on Thursday, with the S&P 500, Dow Jones, and Nasdaq Composite all declining
👉 Fed Chair Jerome Powell stated that the economy is still strong and there is no need to rush to cut interest rates
👉 Producer price index rose 0.2% in October, in line with expectations
👉 Disney's quarterly results beat expectations, driving its shares up 6.2%
👉 Michael Burry is betting on China and hedging against those bets
#JeromePowell #MichaelBurry #RickRieder #Dallas #Texas #Europe #mainstream #world
#nevent1q…4dvg

2024-10-25 03:45:38

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Summary of China's steel exports demand expected to falter in 2025 as anti-dumping measures intensify
https://image.cnbcfm.com/api/v1/image/108052159-1729757963953-gettyimages-2157922540-vcg111502481652.jpeg?v=1729757978&w=1920&h=1080
The source article:
#nevent1q…jaun
China's steel exports are expected to reach 109 million tons in 2024, driven by a lack of domestic demand and a surge in exports. However, industry watchers predict a decline in 2025 due to tariffs and anti-dumping measures imposed by other countries. China's steel industry is facing challenges, including a prolonged property crisis and slowdown in manufacturing activities.

2024-10-23 19:15:19

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Summary of Britain faces warnings of a tech exodus over tax plans ahead of high-stakes budget
https://image.cnbcfm.com/api/v1/image/108013011-1722268384084-gettyimages-2160533223-POLITICS.jpeg?v=1729265696&w=1920&h=1080
The source article:
#nevent1q…j0ek
Rachel Reeves, Britain's Finance Minister, plans to increase capital gains tax, potentially causing entrepreneurs to leave the U.K. The proposed tax hike, including a jump to 39%, and a cut in business asset disposal relief, could weaken the country's startup ecosystem. Over 500 entrepreneurs have urged Reeves to resist these changes, warning of the negative impact on business growth. However, some business owners support raising the tax rate to match income tax levels, stating that capital gains tax is not a major factor influencing investment decisions.

2024-10-23 19:15:19

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Bullet points of Britain faces warnings of a tech exodus over tax plans ahead of high-stakes budget
- Rachel Reeves, Britain's Finance Minister, plans to increase capital gains tax.
- The proposed tax hike includes a jump to 39% and a cut in business asset disposal relief.

2024-10-23 17:24:39

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Summary of China and Russia's 'profound' ties will not change despite 'turbulent' geopolitical landscape, Xi tells Putin
https://image.cnbcfm.com/api/v1/image/108051405-1729654692951-gettyimages-2179437912-RUS_BRICS_Leaders_Summit_In_Kazan.jpeg?v=1729658643&w=1920&h=1080
The source article:
#nevent1q…muyr
Vladimir Putin and Xi Jinping reaffirmed China-Russia friendship at the BRICS summit, highlighting stability in a turbulent global landscape. The relationship, labeled "no-limits" by both nations, faces strains as China navigates its own global ambitions alongside Russia's actions in Ukraine. The summit, with 36 countries in attendance, provides a platform for showcasing unity amid geopolitical pressures. The expansion of BRICS, including new members like Egypt and Iran, aims to enhance trade and economic cooperation but also poses challenges in achieving cohesive action.

2024-10-23 17:24:39

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Bullet points of China and Russia's 'profound' ties will not change despite 'turbulent' geopolitical landscape, Xi tells Putin
- Vladimir Putin and Xi Jinping reaffirmed China-Russia friendship at the BRICS summit, highlighting stability in a turbulent global landscape.
- The relationship, labeled "no-limits" by both nations, faces strains as China navigates its own global ambitions alongside Russia's actions in Ukraine.

2024-10-23 16:51:18

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2024-10-23 16:51:18

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2024-10-23 16:00:58

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Summary of U.S., China trade tariffs escalating would be 'costly for everybody,' IMF deputy director says
https://image.cnbcfm.com/api/v1/image/108051702-1729697052066-gettyimages-2150094845-vcg111492793463.jpeg?v=1729697089&w=1920&h=1080
The source article:
#nevent1q…mevc
The International Monetary Fund has warned that an escalation of trade and tariffs tensions between the U.S. and China would have costly economic consequences around the world. Gita Gopinath, deputy managing director of the IMF, said that the tensions would lead to lower output, higher inflation, and pressure on economic growth. The IMF has also warned that increasing protectionist policies are a downside risk to growth and could weigh down medium-term growth prospects.

2024-10-23 16:00:58

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Bullet points of U.S., China trade tariffs escalating would be 'costly for everybody,' IMF deputy director says
- Gita Gopinath, deputy managing director of the International Monetary Fund, warned that an escalation of trade and tariffs tensions between the U.S. and China would have costly economic consequences around the world.
- The IMF has warned that increasing protectionist policies are a downside risk to growth and could weigh down medium-term growth prospects.

2024-10-23 15:15:18

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Summary of Robinhood rolls out high-risk margin trading in the UK after getting regulator nod
https://image.cnbcfm.com/api/v1/image/107371753-1707507082981-gettyimages-1258298559-RAFAPRESS_30052023-06610.jpeg?v=1729180269&w=1920&h=1080
The source article:
#nevent1q…wjar
Robinhood is introducing margin trading in the U.K., allowing investors to borrow cash for trades using existing assets as collateral. This move follows approval from the Financial Conduct Authority. The platform offers competitive interest rates, aiming to make advanced trading tools more accessible to a broader customer base. However, margin trading carries risks, including potential dramatic losses if asset values decline. Robinhood has implemented safeguards, requiring a minimum cash deposit and customer opt-in for margin trading. Customers' uninvested cash is protected up to $2.5 million.

2024-10-23 15:15:18

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Bullet points of Robinhood rolls out high-risk margin trading in the UK after getting regulator nod
- Robinhood is introducing margin trading in the U.K., allowing investors to borrow cash for trades using existing assets as collateral.
- This move follows approval from the Financial Conduct Authority.

2024-10-23 14:13:59

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Summary of Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
https://image.cnbcfm.com/api/v1/image/108049870-17292742572024-10-18t103613z_1061388036_rc2xmaa99x9x_rtrmadp_0_russia-brics-putin-growth.jpeg?v=1729274326&w=1920&h=1080
The source article:
#nevent1q…r8ee
Russian President Vladimir Putin is leveraging the BRICS summit to bolster his vision of a "new world order" and solidify alliances with countries in the Global South. The BRICS coalition, now expanded, aims to challenge Western economic dominance and promote cooperation among member states. Despite ongoing conflicts like the war in Ukraine, the summit focuses on pressing global issues and potential partnerships. Putin is set to meet with various world leaders, potentially signing agreements to deepen military cooperation.

2024-10-23 14:13:59

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Bullet points of Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
- Russian President Vladimir Putin is leveraging the BRICS summit to bolster his vision of a "new world order" and solidify alliances with countries in the Global South.
- The BRICS coalition, now expanded, aims to challenge Western economic dominance and promote cooperation among member states.

2024-10-23 14:13:42

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Summary of China and Russia's 'profound' ties will not change despite 'turbulent' geopolitical landscape, Xi tells Putin
https://image.cnbcfm.com/api/v1/image/108051405-1729654692951-gettyimages-2179437912-RUS_BRICS_Leaders_Summit_In_Kazan.jpeg?v=1729658643&w=1920&h=1080
The source article:
#nevent1q…muyr
At the opening of the BRICS summit in Kazan, Russia, both Xi Jinping and Vladimir Putin reaffirmed the strong and unwavering friendship between China and Russia, citing it as a stabilizing force amidst global turbulence. However, China's cautious stance on Russia's actions in Ukraine and tightening export controls suggest strains in the relationship. The BRICS summit aims to bolster economic alliances among rapidly developing nations, with recent expansions potentially increasing the organization's influence but also complexity. Putin is set to address the summit's outcomes in a news conference on Thursday.

2024-10-23 14:13:42

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Bullet points of China and Russia's 'profound' ties will not change despite 'turbulent' geopolitical landscape, Xi tells Putin
- At the opening of the BRICS summit in Kazan, Russia, both Xi Jinping and Vladimir Putin reaffirmed the strong and unwavering friendship between China and Russia, citing it as a stabilizing force amidst global turbulence.
- However, China's cautious stance on Russia's actions in Ukraine and tightening export controls suggest strains in the relationship.

2024-10-23 13:13:45

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Summary of Russia and Europe tussle for Moldova, as just over 50% vote 'yes' on future EU membership
https://image.cnbcfm.com/api/v1/image/108050205-1729497128401-gettyimages-2055442830-AFP_34KU6JA.jpeg?v=1729497313&w=1920&h=1080
The source article:
#nevent1q…4n3e
Moldovan citizens in Moscow lined up to vote in the 2024 elections, deciding between closer ties with Europe or Russia. The election saw incumbent pro-Europe President Maia Sandu facing a euroskeptic rival, Stoianoglo. A slim majority voted in favor of pursuing EU membership, reflecting the country's divided sentiment. President Sandu accused Russia of attempting to manipulate the election and referendum outcomes through vote-buying. Moscow denied the allegations, emphasizing non-interference in Moldova's internal affairs. The results indicate Moldova's ongoing struggle to define its geopolitical orientation amid external influences.

2024-10-23 13:13:45

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Bullet points of Russia and Europe tussle for Moldova, as just over 50% vote 'yes' on future EU membership
- Moldovan citizens in Moscow lined up to vote in the 2024 elections, deciding between closer ties with Europe or Russia.
- The election saw incumbent pro-Europe President Maia Sandu facing a euroskeptic rival, Stoianoglo.

2024-10-23 12:55:39

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Bullet points of European Central Bank policymakers split on the need for jumbo rate cuts as growth concerns take over
- ECB policymakers are divided on whether to consider a half-point interest rate cut in December
- Downside risks dominate on both economic growth and inflation

2024-10-23 12:55:39

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Summary of European Central Bank policymakers split on the need for jumbo rate cuts as growth concerns take over
https://image.cnbcfm.com/api/v1/image/108051478-1729678661096-gettyimages-2147049653-AFP_34P77JQ.jpeg?v=1729681418&w=1920&h=1080
The source article:
#nevent1q…632m
The European Central Bank is considering a half-point interest rate cut in December, despite concerns about economic growth and inflation. Policymakers are split on the decision, with some arguing that a bigger cut is needed to stimulate the economy, while others believe that the current quarter-point cut is sufficient. The ECB has repeatedly warned that inflation is likely to rise over the coming months, before declining to the target level next year.

2024-10-23 10:35:38

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Summary of 'Time to be a little bit cautious': Norway's $1.8 trillion wealth fund issues stock market warning
https://image.cnbcfm.com/api/v1/image/108051451-1729670787913-gettyimages-1964396854-NORWAY_NBIM.jpeg?v=1729675051&w=1920&h=1080
The source article:
#nevent1q…repz
Norges Bank Investment Management, the world's largest investor, has warned of stock market risks due to heightened uncertainty and concerns over the economic outlook. The fund's deputy CEO, Trond Grande, cited concerns including the political climate in the U.S., China's stimulus-fueled bid to restore confidence in its economy, and the narrative of 'stagnant growth' in Europe. Grande emphasized the importance of being cautious and not making large asset allocation shifts on a short-term basis.

2024-10-23 10:35:38

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Bullet points of 'Time to be a little bit cautious': Norway's $1.8 trillion wealth fund issues stock market warning
- Norges Bank Investment Management warns of stock market risks due to economic uncertainty and concerns over the outlook.
- The fund's deputy CEO, Trond Grande, cited concerns including the political climate in the U.S., China's stimulus-fueled bid to restore confidence in its economy, and the narrative of 'stagnant growth' in Europe.

2024-10-23 10:15:58

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Summary of Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
https://image.cnbcfm.com/api/v1/image/108050610-17295412382024-10-21t193248z_500277432_rc27paat4mvq_rtrmadp_0_usa-election-trump.jpeg?v=1729541288&w=1920&h=1080
The source article:
#nevent1q…dy4l
The head of the Institute of International Finance has warned that extreme tariffs proposed by US presidential candidate Donald Trump could lead to higher interest rates and inflation. Trump has suggested universal tariffs, including a 20% tariff on all goods from all countries and a 60% rate on Chinese imports. The IIF's president and CEO, Tim Adams, believes that these tariffs could interrupt the path of disinflation and lead to higher interest rates.

2024-10-23 10:15:58

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Bullet points of Trump tariffs likely to lead to higher U.S. interest rates, head of Institute of International Finance says
- Donald Trump has proposed extreme tariffs, including a 20% tariff on all goods from all countries and a 60% rate on Chinese imports.
- The head of the Institute of International Finance believes that these tariffs could lead to higher interest rates and inflation.

2024-10-23 08:50:38

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Summary of German court rules against Deutsche Bank in PostBank acquisition lawsuit
https://image.cnbcfm.com/api/v1/image/108010300-1721732502170-gettyimages-2159801467-20240702_deutsche_bank_004.jpeg?v=1729671959&w=1920&h=1080
The source article:
#nevent1q…e2u9
Deutsche Bank has lost a court case in Germany over its acquisition of Postbank in 2018. The higher regional court in Cologne ruled against the lender, which had reached settlements with nearly 60% of plaintiffs in the case.

2024-10-23 08:50:38

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Bullet points of German court rules against Deutsche Bank in PostBank acquisition lawsuit
- Deutsche Bank lost a court case in Germany over its acquisition of Postbank
- The case was brought by shareholders who alleged the lender underpaid in the acquisition

2024-10-23 08:30:38

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Summary of Qualcomm shares fall 4.5% after report of Arm threat to scrap key license in escalating dispute
https://image.cnbcfm.com/api/v1/image/107364706-17062138442023-03-06t201939z_1081591808_rc2koz9kqyeg_rtrmadp_0_qualcomm-results.jpeg?v=1714597492&w=1920&h=1080
The source article:
#nevent1q…62lz
Qualcomm shares dropped nearly 5% in premarket trade after Bloomberg reported that British chip designer Arm is looking to scrap a key license for the U.S. firm. The license in question allows Qualcomm to design chips based on Arm architecture.

2024-10-23 08:30:38

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Bullet points of Qualcomm shares fall 4.5% after report of Arm threat to scrap key license in escalating dispute
- Qualcomm shares fell 5% in premarket trade
- Arm is looking to scrap a key license for Qualcomm

2024-10-23 07:28:18

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Summary of China and Russia's 'profound' ties will not change despite 'turbulent' geopolitical landscape, Xi tells Putin
https://image.cnbcfm.com/api/v1/image/108051405-1729654692951-gettyimages-2179437912-RUS_BRICS_Leaders_Summit_In_Kazan.jpeg?v=1729658643&w=1920&h=1080
The source article:
#nevent1q…muyr
At the opening of the BRICS summit in Kazan, Russia, both Xi Jinping and Vladimir Putin reaffirmed the strong and unwavering friendship between China and Russia, citing it as a stabilizing force amidst global turbulence. However, China's cautious stance on Russia's actions in Ukraine and tightening export controls suggest strains in the relationship. The BRICS summit aims to bolster economic alliances among rapidly developing nations, with recent expansions potentially increasing the organization's influence but also complexity. Putin is set to address the summit's outcomes in a news conference on Thursday.

2024-10-23 07:28:18

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2024-10-23 06:50:38

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Summary of CNBC Daily Open: The S&P could continue its ascent despite pausing
https://image.cnbcfm.com/api/v1/image/108051430-1729665435977-gettyimages-2171358768-61035_14_rsb230330_166.jpeg?v=1729665474&w=1920&h=1080
The source article:
#nevent1q…v4ze
The article discusses the mixed performance of US markets, with the Nasdaq rising while the S&P 500 and Dow Jones Industrial Average fell slightly. It also mentions news from Japan and China, including the IPO of Tokyo Metro and the revised growth forecast for China by the International Monetary Fund. The article also touches on the debate between growth and value stocks, and the potential for the S&P 500 to continue its upward trend.

2024-10-23 06:50:38

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Bullet points of CNBC Daily Open: The S&P could continue its ascent despite pausing
- Tokyo Metro's IPO attracted 348.6 billion yen ($2.3 billion), making it Japan's biggest IPO in six years
- The International Monetary Fund lowered its forecast for China's growth this year to 4.8% from 5%

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Bullet points of China and Russia's 'profound' ties will not change despite 'turbulent' geopolitical landscape, Xi tells Putin
- Xi Jinping and Vladimir Putin reaffirmed their "profound" relationship at the BRICS summit in Kazan, Russia.
- The China-Russia relationship is characterized as "non-alliance, non-confrontation, and not targeting any third party."

2024-10-23 05:25:39

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Bullet points of Deutsche Bank swings back to profit in the third quarter, beating expectations
- Deutsche Bank reported a net profit of 1.461 billion euros in the third quarter, beating expectations.
- Revenue hit 7.5 billion euros, exceeding forecasts.

2024-10-23 05:25:39

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Summary of Deutsche Bank swings back to profit in the third quarter, beating expectations
https://image.cnbcfm.com/api/v1/image/108050873-1729598438223-gettyimages-1246737866-GERMANY_DEUTSCHE.jpeg?v=1729598504&w=1920&h=1080
The source article:
#nevent1q…mfhp
Deutsche Bank AG, Germany's largest lender, has reported a net profit of 1.461 billion euros in the third quarter, beating expectations. The bank's revenue hit 7.5 billion euros, and it has embarked on a cost-saving push to trim its headcount by 3,500 roles by 2025.

2024-10-23 05:04:39

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2024-10-23 05:04:39

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2024-10-23 04:45:39

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Bullet points of A 'tidal wave' of natural gas supply — the biggest yet — will reshape global markets, says RBC Capital
- A wave of new LNG supply is set to reshape the global market
- The supply injection is likely to thrust the market into an extended period of oversupply

2024-10-23 04:45:39

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Summary of A 'tidal wave' of natural gas supply — the biggest yet — will reshape global markets, says RBC Capital
https://image.cnbcfm.com/api/v1/image/107284377-1691660429338-gettyimages-1416945057-dh1_9779_07cbae95-c1bc-46e8-8954-56b13d1dfd61.jpeg?v=1696294632&w=1920&h=1080
The source article:
#nevent1q…h7s0
The article discusses the impending surge in LNG supply, which is expected to reshape the global market and lead to a prolonged period of oversupply. Analysts from RBC Capital Markets predict that the market will remain oversupplied until 2030, with prices potentially moving below double-digits. The supply injection is expected to come from new infrastructure projects and increased production from major suppliers such as the US and Qatar. However, demand growth is expected to be slow, with the Asia-Pacific region expected to grow by an average of 5% annually.

2024-10-23 01:20:38

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Summary of Tokyo Metro shares gain 40% on debut after Japan's largest IPO in six years
https://image.cnbcfm.com/api/v1/image/108021886-1724037770543-gettyimages-531115925-44d6905d-a721-4c43-a60b-2614d4b804d2.jpeg?v=1729581543&w=1920&h=1080
The source article:
#nevent1q…375c
Tokyo Metro, Japan's leading subway operator, raised 348.6 billion yen ($2.3 billion) in its initial public offering (IPO), with shares priced at the top-end of its range. The company's IPO was oversubscribed more than 15 times, with retail investors oversubscribing around 10 times. Analysts attribute the strong demand to Tokyo Metro's stable cash flow and low operational risk.

2024-10-23 01:20:38

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Bullet points of Tokyo Metro shares gain 40% on debut after Japan's largest IPO in six years
- Tokyo Metro raised 348.6 billion yen ($2.3 billion) in its IPO
- Shares priced at the top-end of its range, 1,100 yen to 1,200 yen

2024-10-22 23:38:18

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2024-10-22 23:38:18

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2024-10-22 23:24:39

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Summary of Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
https://image.cnbcfm.com/api/v1/image/108049870-17292742572024-10-18t103613z_1061388036_rc2xmaa99x9x_rtrmadp_0_russia-brics-putin-growth.jpeg?v=1729274326&w=1920&h=1080
The source article:
#nevent1q…r8ee
Russian President Vladimir Putin is using the BRICS summit to bolster alliances and push for a "new world order" challenging Western dominance. The expansion of the BRICS coalition aims to create an alternative institution to Western economic hegemony, with a focus on boosting trade and investment among developing nations. Despite Russia's ongoing war in Ukraine, the summit will discuss global development issues, potential new partnerships, and expanding ties with the "Global South." Putin is set to meet with various leaders, including Iran's President, to deepen military cooperation.

2024-10-22 23:24:39

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Bullet points of Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
- Russian President Vladimir Putin is using the BRICS summit to bolster alliances and push for a "new world order" challenging Western dominance.
- The expansion of the BRICS coalition aims to create an alternative institution to Western economic hegemony, with a focus on boosting trade and investment among developing nations.

2024-10-22 23:15:40

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Summary of 'On vacation every single day': I left the U.S. to live in Vietnam and only need to work 15 hours a week
https://image.cnbcfm.com/api/v1/image/108050177-1729489613298-On_the_Streets_of_Saigon.jpg?v=1729489950&w=1920&h=1080
The source article:
#nevent1q…csuk
Kavi Vu, 33, moved to Ho Chi Minh City, Vietnam in August 2023 and now lives on about $1,500 a month, according to documents reviewed.

2024-10-22 23:15:40

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Bullet points of 'On vacation every single day': I left the U.S. to live in Vietnam and only need to work 15 hours a week
- Kavi Vu, 33, moved to Ho Chi Minh City, Vietnam in August 2023
- She lives on about $1,500 a month

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Summary of Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
https://image.cnbcfm.com/api/v1/image/108049870-17292742572024-10-18t103613z_1061388036_rc2xmaa99x9x_rtrmadp_0_russia-brics-putin-growth.jpeg?v=1729274326&w=1920&h=1080
The source article:
#nevent1q…r8ee
Russian President Vladimir Putin is using the BRICS summit to bolster alliances and push for a "new world order" challenging Western dominance. The expansion of the BRICS coalition aims to create an alternative institution to Western economic hegemony, with a focus on boosting trade and investment among developing nations. Despite Russia's ongoing war in Ukraine, the summit will discuss global development issues, potential new partnerships, and expanding ties with the "Global South." Putin is set to meet with various leaders, including Iran's President, to deepen military cooperation.

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Summary of Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
https://image.cnbcfm.com/api/v1/image/108049870-17292742572024-10-18t103613z_1061388036_rc2xmaa99x9x_rtrmadp_0_russia-brics-putin-growth.jpeg?v=1729274326&w=1920&h=1080
The source article:
#nevent1q…r8ee
Russian President Vladimir Putin is using the BRICS summit to bolster alliances and push for a "new world order" challenging Western dominance. The expansion of the BRICS coalition aims to create an alternative institution to Western economic hegemony, with a focus on boosting trade and investment among developing nations. Despite Russia's ongoing war in Ukraine, the summit will discuss global development issues, potential new partnerships, and expanding ties with the "Global South." Putin is set to meet with various leaders, including Iran's President, to deepen military cooperation.

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Summary of IMF hikes UK growth outlook amid lower inflation and interest rates
https://image.cnbcfm.com/api/v1/image/108024059-1724305952393-gettyimages-2157562552-20240610_city_of_london_cityscape_002.jpeg?v=1729602394&w=1920&h=1080
The source article:
#nevent1q…p48s
The International Monetary Fund has raised its 2024 growth outlook for the United Kingdom, citing declines in interest rates and inflation, and forecasts a 1.1% growth for the U.K. economy this year. The IMF also reiterated its forecast for a 1.5% expansion in 2025. Economic growth has been tepid so far this year, coming in at 0.2% in August after flatlining in June and July. The IMF's brighter outlook comes as the country braces for the center-left Labour Party to deliver its first budget in 14 years.

2024-10-22 13:15:58

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Bullet points of IMF hikes UK growth outlook amid lower inflation and interest rates
- The IMF raised its 2024 growth outlook for the United Kingdom from 0.7% to 1.1%
- The IMF forecasts a 1.5% expansion in 2025

2024-10-22 13:07:18

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Summary of Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
https://image.cnbcfm.com/api/v1/image/108049870-17292742572024-10-18t103613z_1061388036_rc2xmaa99x9x_rtrmadp_0_russia-brics-putin-growth.jpeg?v=1729274326&w=1920&h=1080
The source article:
#nevent1q…r8ee
Russian President Vladimir Putin is using the BRICS summit to bolster alliances and push for a "new world order" challenging Western dominance. The expansion of the BRICS coalition aims to create an alternative institution to Western economic hegemony, with a focus on boosting trade and investment among developing nations. Despite Russia's ongoing war in Ukraine, the summit will discuss global development issues, potential new partnerships, and expanding ties with the "Global South." Putin is set to meet with various leaders, including Iran's President, to deepen military cooperation.

2024-10-22 13:07:18

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2024-10-22 12:45:01

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Bullet points of Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
- Russia is hosting the BRICS summit in Moscow
- The summit will feature meetings between Putin and various leaders

2024-10-22 12:45:01

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Summary of Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
https://image.cnbcfm.com/api/v1/image/108049870-17292742572024-10-18t103613z_1061388036_rc2xmaa99x9x_rtrmadp_0_russia-brics-putin-growth.jpeg?v=1729274326&w=1920&h=1080
The source article:
#nevent1q…r8ee
Russia is hosting the BRICS summit, a geopolitical forum for rapidly economically-developing nations, and is pushing its agenda to create a 'new world order' that challenges the West. The summit will feature meetings between Putin and various leaders, including India's Prime Minister Narendra Modi, China's President Xi Jinping, and Turkey's President Recep Tayyip Erdogan.

2024-10-22 12:05:59

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Summary of Qatar Airways partners with Elon Musk’s Starlink for high-speed Wi-Fi milestone
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The source article:
#nevent1q…gzyz
Qatar Airways has launched its inaugural Boeing 777 flight equipped with Elon Musk's Starlink internet, marking a new era of in-flight connectivity. The airline plans to deliver 12 Boeing 777-300s equipped with the service by the end of 2024, with coverage for the entire Boeing 777 fleet in 2025 and its Airbus A350 fleet following in the summer of 2025.

2024-10-22 12:05:59

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Bullet points of Qatar Airways partners with Elon Musk’s Starlink for high-speed Wi-Fi milestone
- Qatar Airways has launched its first Boeing 777 flight equipped with Elon Musk's Starlink internet.
- The airline plans to deliver 12 Boeing 777-300s equipped with the service by the end of 2024.

2024-10-22 11:15:04

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2024-10-22 11:15:04

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2024-10-22 10:16:40

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Summary of World’s largest sovereign wealth fund posts $76 billion in third-quarter profit
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The source article:
#nevent1q…2psn
Norway's sovereign wealth fund, the world's largest, reported a profit of 835 billion Norwegian kroner ($76.3 billion) in the third quarter. The fund, established in the 1990s, invests surplus revenues from the country's oil and gas sector and has put money in over 8,760 companies in 71 countries.

2024-10-22 10:16:40

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Bullet points of World’s largest sovereign wealth fund posts $76 billion in third-quarter profit
- Norway's sovereign wealth fund reports third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).
- The fund has a value of 18.870 trillion kroner at the end of September.

2024-10-22 09:26:03

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Bullet points of More startups are being spun out of Klarna than any other European fintech unicorn
- Klarna has produced more startups than any other financial technology unicorn in Europe
- Alumni from Klarna have gone on to create 62 new startups

2024-10-22 09:26:03

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Summary of More startups are being spun out of Klarna than any other European fintech unicorn
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The source article:
#nevent1q…mvqa
Klarna, a Swedish digital payments firm, has produced more startups than any other financial technology unicorn in Europe, according to a report from venture capital firm Accel. The report, titled 'Fintech Founder Factory', shows that alumni from Klarna have gone on to create a total of 62 new startups, including the likes of Swedish lending technology firm Anyfin, regulatory compliance platform Bits Technology and AI-powered coding platform Pretzel AI.

2024-10-22 09:25:50

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2024-10-22 09:25:50

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Summary of Russia pushes 'new world order' agenda as it hosts beefed-up BRICS summit
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The source article:
#nevent1q…r8ee
Russia is hosting the BRICS summit, a geopolitical forum for rapidly economically-developing nations, and is pushing its agenda to create a 'new world order' that challenges the West. The summit will feature meetings between Putin and various leaders, including India's Prime Minister Narendra Modi, China's President Xi Jinping, and Turkey's President Recep Tayyip Erdogan.

2024-10-22 09:25:37

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Bullet points of CNBC Daily Open: High interest rate worries pressure stocks
- U.S. markets were mixed on Monday
- The Nasdaq Composite rose while the S&P 500 and the Dow Jones Industrial Average fell

2024-10-22 09:25:37

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Summary of CNBC Daily Open: High interest rate worries pressure stocks
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The source article:
#nevent1q…6mdj
The article discusses the mixed performance of U.S. markets on Monday, with the Nasdaq Composite rising while the S&P 500 and the Dow Jones Industrial Average fell. It also mentions the rise in gold prices, restrictions on investments into China, and the outlook for the biotechnology sector.

2024-10-22 09:24:59

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Summary of HSBC names Pam Kaur as first female CFO amid major restructuring
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The source article:
#nevent1q…t3gl
HSBC has named Pam Kaur as its first female finance chief, taking over from interim Chief Financial Officer Jon Bingham. The bank is also consolidating its businesses into four divisions: Hong Kong, U.K., international wealth and premier banking, and corporate and institutional banking.

2024-10-22 09:24:59

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Bullet points of HSBC names Pam Kaur as first female CFO amid major restructuring
- Pam Kaur is set to assume her post as finance chief on January 1
- The bank is consolidating its businesses into four divisions

2024-10-22 09:24:54

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Bullet points of Economists see UK cutting interest rates more substantially as inflation pressures ease
- Economists predict consecutive 25 basis point cuts taking the Bank Rate to 3% as early as September 2025.
- The UK's inflation rate has dropped to 1.7% in September, lower than the forecast of economists polled by Reuters and under the BOE's 2% target for the first time in three-and-a-half years.

2024-10-22 09:24:54

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Summary of Economists see UK cutting interest rates more substantially as inflation pressures ease
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The source article:
#nevent1q…xp6k
The UK is likely to see interest rates drop at a faster pace than previously expected, according to economists who flagged key data releases that indicated inflationary pressures are finally easing. The Labour government's debut budget due at the end of the month will prove crucial, as market participants wait to assess the economic impact.

2024-10-22 09:24:35

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Bullet points of U.S. proposals to curb AI, semiconductor investment into China under final review
- The Treasury Department will require notification of outbound investments into China in sensitive technologies
- The rules are part of the Joe Biden administration's efforts to restrict the flow of US capital, technology, and expertise into China

2024-10-22 09:24:35

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Summary of U.S. proposals to curb AI, semiconductor investment into China under final review
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The source article:
#nevent1q…d7gq
The US Treasury Department is reviewing measures to curb US investments in China in sensitive technologies, including artificial intelligence, semiconductors, microelectronics, and quantum computing. The final rules are expected to be released within the next week.

2024-10-22 09:22:55

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Summary of Rosé and Bruno Mars' chart-topping APT drives YG Plus shares to seven-month high
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The source article:
#nevent1q…gzgh
Shares of YG Plus, a South Korean media company, surged to a seven-month high after the release of a collaboration track between Blackpink's Rosé and Bruno Mars, which topped streaming charts around the world. The track, titled 'APT', has garnered over 82.9 million views on YouTube, surpassing Taylor Swift and Post Malone's 'Fortnite' as the biggest male-female duet debut of 2024.

2024-10-22 09:22:55

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Bullet points of Rosé and Bruno Mars' chart-topping APT drives YG Plus shares to seven-month high
- Shares of YG Plus soared to a seven-month high after the release of a collaboration track between Blackpink's Rosé and Bruno Mars.
- The track, titled 'APT', topped Spotify's Top 50 Global playlist and came in fourth on iTunes' Top 100: Global chart.

2024-10-22 09:22:14

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Bullet points of 'New bullish phase'? As gold hits another high, analysts say more records are in sight
- Gold prices have reached a new record high
- Central bank buying and rising US debt are driving the price increase

2024-10-22 09:22:14

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Summary of 'New bullish phase'? As gold hits another high, analysts say more records are in sight
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The source article:
#nevent1q…rvpy
Gold has entered a new bullish phase, driven by factors like central bank buying, rising US debt, and a potential peak in the US dollar. Analysts predict that the price of gold will continue to rise to $3,000, with some expecting it to cross $2,800 in the next three months.

2024-10-22 09:21:11

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Bullet points of Hyundai Motor India's shares set to start trading after the country's largest IPO
- Hyundai Motor India's IPO is valued at 278.56 billion rupees, or $3.3 billion
- The company's shares will start trading on the NSE and BSE

2024-10-22 09:21:11

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Summary of Hyundai Motor India's shares set to start trading after the country's largest IPO
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The source article:
#nevent1q…8au2
Hyundai Motor India is set to start trading in India's two major stock markets after a $3.3 billion initial public offering, the country's largest-ever by amount raised. The automaker had offered 142.19 million shares at a price band of 1,865 Indian rupees ($22.18) to 1,960 rupees.

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