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August 1, 2024

New York (AFP) - Wall Street stocks rose Wednesday after the US Federal Reserve signaled it could cut interest rates...

Stocks rise on renewed tech interest; Yen, oil rally

by Natalie Fisher

London (AFP) - Stock markets advanced Wednesday, lifted by hopes that lower interest rates are on the way and as...

Stocks rise ahead of Fed meeting; Yen rallies

London (AFP) - Stock markets advanced Wednesday as investors bet that the US Federal Reserve will signal that lower interest...

Boeing names new CEO as it reports hefty loss

New York (AFP) - Boeing on Wednesday named the aerospace veteran Robert "Kelly" Ortberg its next CEO, as the aviation...

World Bank approves $1.5 billion Ethiopia rescue package

Addis Ababa (AFP) - The World Bank has approved a $1. 5 billion financial package to support cash-strapped Ethiopia's economic...

HSBC records $21.6 billion pre-tax profit in first half 2024

Hong Kong (AFP) - Banking giant HSBC said Wednesday that pre-tax profits in the first half of 2024 came in...

Yen rallies after Japan hikes rates, stocks rise before Fed

by Emma Reilly

London (AFP) - The yen rallied against the dollar Wednesday after the Bank of Japan hiked interest rates for just...

US Fed expected to pause again and hint at September rate cut

Washington (AFP) - The US Federal Reserve is highly unlikely to waver from its position of holding interest rates at...

Greece tries to tempt its emigrants back home

Athens (AFP) - When Konstantinos Tsanis got his doctorate in finance in 2011 at the height of Greece's debt crisis,...

Samsung Electronics says Q2 operating profits soar to $7.5 billion