November 11, 20240 Comments

Foreign investors flock to flagship Saudi economic conference

A delegate arrives at the King Abdulaziz Conference Centre in Saudi Arabia’s capital Riyadh to attend the Future Investment Initiative (FII) forum. Fayez Nureldine | Afp | Getty Images Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom’s Future Investment Initiative, the flagship economic conference at the heart of Vision 2030 — the multi-trillion dollar plan

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November 11, 20240 Comments

Inside growing drone threat the U.S. faces with multiple breaches of restricted airspace

Inside growing drone threat the U.S. faces with multiple breaches of restricted airspace – CBS News Watch CBS News Gordon Lubold from The Wall Street Journal joins “CBS Mornings Plus” to discuss the rise in drone activity over restricted U.S. military airspaces. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On Source link

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November 11, 20240 Comments

Dollar braces for US inflation data and several Fed speakers By Reuters

By Wayne Cole SYDNEY (Reuters) – The dollar started in a cautious mood on Monday (NASDAQ:) as markets braced for U.S. inflation data and a throng of Federal Reserve speakers this week, while the yuan nursed a hangover from Beijing’s latest underwhelming stimulus package. Highlighting the weak background in China, data out over the weekend showed consumer prices rose at the slowest pace in four months in October while producer

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November 11, 20240 Comments

Asian Stocks Set to Fall, Bitcoin Passes $81,000: Markets Wrap

(Bloomberg) — Asian stocks may struggle in early trading after Chinese economic measures underwhelmed and the release of anemic inflation data over the weekend. Bitcoin topped $81,000 after President-elect Donald Trump took a clean sweep of the seven US battleground states. Most Read from Bloomberg Australian shares fell while futures in Tokyo and Hong Kong signal losses after China’s 10 trillion yuan ($1.4 billion) plan to help local governments deal

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November 11, 20240 Comments

Ford’s October sales increase 15.2% from subdued levels in 2023

The new Ford F-150 truck goes through the assembly line at the Ford Dearborn Plant on April 11, 2024 in Dearborn, Michigan. Bill Pugliano | Getty Images DETROIT — Ford Motor on Monday reported a 15.2% increase in U.S. new vehicles sales in October compared with subdued levels due to a union strike in October 2023. The year-over-year sales increase was led by a 29.2% improvement in sales of Ford’s

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