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Category: Business

By Rian LordIn News, BusinessPosted August 18, 2023

Oil prices face downward pressure amid China’s economic slowdown and US rate hike expectations

Oil prices are likely to end their seven-week winning streak as the market faces headwinds from China’s weakening economy and the prospect of higher interest...

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By Rian LordIn News, BusinessPosted August 17, 2023

Grab These Office Chairs From Amazon At Huge Discounts

If you are looking for a new office chair or a gaming chair, you might want to check out the latest deals from Amazon. The...

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By Rian LordIn News, BusinessPosted August 17, 2023

The USD gains strength as US consumer spending and inflation data remain robust

The US dollar rose against most of its major peers on Tuesday, as the latest economic data showed that the US consumer spending and inflation...

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By Rian LordIn News, BusinessPosted August 17, 2023

S&P 500 Slides Below Key Support Level Amid Market Turmoil

The S&P 500 index, a benchmark for the U.S. stock market, fell below its 50-day moving average on Tuesday, a technical indicator that signals a...

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By Rian LordIn News, BusinessPosted August 17, 2023

Israel’s economy shows resilience amid pandemic challenges

Israel’s economy grew by an annualized 3% in the second quarter of 2021, according to the latest report by the Central Bureau of Statistics. This...

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By Rian LordIn News, BusinessPosted August 16, 2023

Israel’s new home sales slump to lowest level in 15 years

According to the Central Bureau of Statistics, Israel’s new home sales have reached their lowest point in 15 years, as high prices and low demand...

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By Rian LordIn News, BusinessPosted August 16, 2023

Israeli Banks Enjoy Record Profits Amid Rising Interest Rates

The Bank of Israel has been raising the benchmark interest rate steadily since April 2022, reaching 4.75% on May 22, 2023, in an attempt to...

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By Rian LordIn News, BusinessPosted August 16, 2023

Aon’s White Rock sues Vesttoo over alleged fraud, insurtech files for bankruptcy

Vesttoo, an Israeli insurtech startup that provides data-driven risk management solutions, has been sued by Aon’s White Rock Insurance (SAC) Ltd., a subsidiary of the...

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By Rian LordIn News, BusinessPosted August 16, 2023

AUD/USD Struggles to Find Direction Amid Mixed Signals

The Australian dollar and the US dollar have been trading in a narrow range for the past few days, as investors weigh the conflicting signals...

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By Rian LordIn News, BusinessPosted August 16, 2023

Israel’s inflation slows down in July, defying expectations

Israel’s Consumer Price Index (CPI) rose by 0.3% in July, bringing the annual inflation rate down to 3.3%, according to the Central Bureau of Statistics....

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By Rian LordIn News, BusinessPosted August 16, 2023

USD/JPY Faces Intervention Risk as Yen Weakens to 9-Month Low

The USD/JPY pair has been trading in a narrow range around the 145.50 level in the Asian session on Wednesday, as traders are wary of...

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By Rian LordIn News, BusinessPosted August 16, 2023

Natural Gas Price Rises as Demand Outpaces Supply – Analysis – 16-8-2023

Natural gas price has been on an upward trend since the beginning of the year, reaching a three-year high of 3.10 USD per million British...

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By Rian LordIn News, BusinessPosted August 16, 2023

Silver Price Hits Target of $22.25, Rebounds Bullishly

Silver price reached the expected target of $22.25 per ounce on Tuesday, and bounced back strongly to test the resistance line around $22.60, according to...

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By Rian LordIn News, BusinessPosted August 16, 2023

Gold price rebounds as US retail demand remains robust

Gold price recovered some ground on Tuesday after falling to its lowest level in almost a month on Monday. The precious metal was supported by...

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By Rian LordIn Business, NewsPosted August 15, 2023

Eli Lilly’s Stock Soars After Two Successful Acquisitions

Eli Lilly, one of the world’s leading pharmaceutical companies, has seen its share price reach a record high after completing two strategic acquisitions that could...

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By Rian LordIn News, BusinessPosted August 15, 2023

Eli Lilly’s Stock Soars After Two Successful Acquisitions

Eli Lilly, one of the world’s leading pharmaceutical companies, has seen its share price reach a record high after completing two strategic acquisitions that could...

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