Cigna, Humana explore healthcare megamerger - WSJ
(Updated - November 29, 2023 2:45 PM EST) Cigna (NYSE:CI) and Humana (NYSE:HUM) are in talks to combine in a stock-and-cash deal, the Wall Street Journal reported Wednesday afternoon citing...
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Maldives' airline Manta Air to commence direct flights from B'luru
Bengaluru, Nov 29 (IANS) Manta Air, the Maldives' leading airline, has announced that it is starting direct flights from India to Maldives. It will commence international flights to India...
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Bitcoin transaction's water consumption rivals swimming pool's, says new study
The recent surge in Bitcoin's value past $38,000 has brought not only profit to investors but also heightened concerns over the cryptocurrency's environmental impact. A study published in...
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N26 teams up with Upvest to offer stock and ETF trading
GERMANY - N26, Germany's leading digital bank, has announced a strategic partnership with fintech company Upvest to provide its users with the ability to trade stocks and ETFs directly...
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Bank of Canada faces strong opposition in digital dollar consultations
CANADA - The Bank of Canada's recent consultations on the potential introduction of a digital Canadian dollar have unveiled significant resistance from the public, with more than 80% of...
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Telia Company issues NOK 4 billion in bonds to boost funding strategy
Telia (ST:TELIA) Company has successfully issued bonds worth NOK 4 billion ($438 million) under its Euro Medium Term Note (EMTN) program, with the aim of enhancing its long-term funding...
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Accenture and Bankdata partner to modernize capital markets on cloud
Accenture (NYSE:ACN) has entered into a multi-year partnership with Danish financial technology leader Bankdata to modernize its capital markets platform by transitioning it to a cloud-based...
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Apple's in-house 5G modem project for iPhone SE 4 hits a snag
Apple Inc (NASDAQ:AAPL). has reportedly ceased development on its internal "Sinope" project, which was initiated in 2019 with the goal of creating an in-house 5G modem for the upcoming...
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Nio teams with Geely to advance battery swapping in EVs
Chinese automakers Nio (NYSE:NIO) and Zhejiang Geely Holding Group, on Wednesday, announced a strategic partnership agreement focused on battery swapping.This collaboration between the...
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Atlanta Fed President Bostic sees potential end to rate hikes
ATLANTA - Federal Reserve Bank of Atlanta President Raphael Bostic expressed optimism about the inflation outlook, suggesting that the central bank's cycle of interest rate hikes might be...
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US stocks climb on stronger economic growth, ongoing rate cut bets
Investing.com -- U.S. stocks rose Wednesday, to remain on course to post big November gains amid fresh optimism that the economy will avoid recession and ongoing optimism of Fed rate cuts of...
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RBC Bearings bearing the fruits of strong execution - BofA
BofA double-upgraded shares of RBC Bearings (NYSE:RBC) to Buy from Underperform on Wednesday, raising the price target to $280 from $230 per share. Analysts said the company is now bearing...
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Mumbai court dismisses Choksi's plea in ICICI property case
MUMBAI - A Mumbai special court has ruled against Mehul Choksi, the fugitive businessman, in a case concerning ICICI Bank (NS:ICBK)'s claim over mortgaged assets. Special Judge S M Menjoge,...
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Julius Baer maintains risk strategy amid $700 million Signa exposure
LONDON - At the FT Global Banking Summit today, Philipp Rickenbacher, CEO of Julius Baer, stood by the bank's risk management approach despite the institution facing a $700 million exposure...
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Sri Lanka secures key debt restructuring deal with major creditors
Sri Lanka has reached a pivotal agreement with a consortium of international creditors, including China, India, and Japan, to restructure approximately $6 billion of its loans. This accord...
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Amazon introduces its own AI-powered image generator
Las Vegas, Nov 29 (IANS) Amazon (NASDAQ:AMZN) Web Services (AWS) on Wednesday joined its rivals in launching Amazon Titan (NS:TITN) Image Generator that can create new images given a text...
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Rising input costs responsible for high UK food inflation - CMA
UK - The United Kingdom's Competition and Markets Authority (CMA) has reiterated concerns about the sustained high levels of food price inflation, which remained at 10.1% in October. Sarah...
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Sibanye-Stillwater restructures US PGM operations amid economic headwinds
Sibanye-Stillwater, the renowned mining company, has announced a significant restructuring of its US operations specializing in platinum group metals (PGM), specifically targeting its...
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Dubai Taxi Co. IPO becomes Dubai's most subscribed listing ever
DUBAI - Investor excitement for Dubai Taxi Co.'s initial public offering (IPO) reached unprecedented levels today, as the company's offering became the most subscribed in the city's history....
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Grayscale's reports consumer and culture crypto sector sees 24% growth
The digital asset management firm Grayscale has reported a 24% growth in its Consumer and Culture Crypto Sector. This uptick is largely attributed to the robust performance of Bitcoin and...
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Midday movers: GM, Workday, Phillips 66
(Updated - November 29, 2023 12:22 PM EST) Investing.com -- Main U.S. indexes traded higher Wednesday, boosted by dovish comments from a top Fed official, raising hopes that the U.S....
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Global markets rally on Federal Reserve policy shift speculation
Global stock markets are on the rise amid speculation that the Federal Reserve may soon pause its interest rate hikes. The MSCI All Country World Index, a broad measure of equity performance...
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Stantec Inc. closes $288 million bought deal offering of shares
EDMONTON - Stantec (NYSE:STN) Inc., a prominent player in sustainable design and engineering, announced the successful closure of a public offering that raised $287.53 million. The...
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CAE, Inc. downgraded at BofA on lower for longer defense margins
BofA downgraded shares of CAE, Inc. (NYSE:CAE) to Underperform from Neutral, lowering the price target to $26 from $37 per share. Analysts said in a note that the downgrade reflects lower...
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U.K. shares lower at close of trade; Investing.com United Kingdom 100 down 0.47%
Investing.com – U.K. equities were lower at the close on Wednesday, as losses in the Fixed Line Telecommunications, Life Insurance/Assurance and Beverage sectors propelled shares lower. At...
