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Bank of England’s Bailey sweats over risk of ‘sticky’ summer for inflation
breadcrumb links PMN Business Article author: Reuters William Schomberg and David Milliken Posted May 24, 2023 • 3 minutes to read Article content LONDON - Bank of England Governor Andrew Bailey…
FIMI invests $60m in Kamada for controlling stake
Israeli Biopharmaceutical Company Kamada Ltd. (Nasdaq: KMDA; Level:KMDA) announced today that it has entered into a share purchase agreement with Israeli private equity firm FIMI Opportunity Funds (FIMI) to purchase $60…
Volcon Announces Concurrent $9M Offering By Investing.com
Volcon (VLCN) announces a simultaneous $9 million offering
Volcon Inc. announced (VLCN) today announced the simultaneous closing of a subscribed public offering (the “Offer”) and a private placement. The Company's total…
Lula Lashes Out and Sends Warning to Central Bankers Everywhere
(Bloomberg) -- There are few, if any, leaders in the world who are more openly critical of central bankers than Brazil's Luiz Inacio Lula da Silva.Most Read from BloombergThe reasons are increasingly clear as Brazilians feel the malaise of…
Kohl’s stock pops after earnings topper, reaffirmed full-year guidance
Bruce Bennett/Getty Images News Kohl's Corporation (New York Stock Exchange: KSS) in early trading after posting better than first-quarter earnings and reaffirming previous guidance for the full year. CEO Tom Kingsbury said KSS's…
Marks and Spencer lifts sales as turnround strategy bears fruit
Marks and Spencer reported an increase in sales and profits, sending shares up nearly 12 per cent on Wednesday and cementing their place as the UK's best-performing retail stock last year as its turnaround picks up momentum. The…
Texas suing Biden administration to toss new asylum rule
The state of Texas is suing the Biden administration in an effort to do so Newly introduced asylum rule It was eliminated, saying the phone app immigrants use to schedule appointments at the border to request entry into the United States…
Safaricom reveals plan to set up smartphone factory
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Safaricom unveils plan to build a smartphone factory
Wednesday, May 24, 2023
Safaricom has revealed plans to set up a smartphone assembly line in Kenya to produce cheaper devices. file image | Swimming pool
Safaricom…
Britain no longer heading for recession this year, says IMF
The International Monetary Fund has raised its outlook for the UK, predicting growth this year rather than stagnation and no longer handing the economy the worst performance in the G7.
The International Monetary Fund believes Britain's…
Dollar steady as debt ceiling worries weigh; Kiwi slips 1%
breadcrumb links PMN Business Article author: Posted May 24, 2023 • 3 minutes to read Article content SINGAPORE - The decline of the US dollar Wednesday, but remained close to the highest level in two…
