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Fanatics acquires PointsBet’s U.S. business in $150M deal
Fanatics acquires PointsBet's U.S. business in $150M deal
Sports apparel company Fanatics has acquired the U.S. assets of Australia's PointsBet in a $150 million deal, the companies said.
The two companies announced the deal Sunday…
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Credit crunch forces 7 US companies to file for bankruptcy
Credit crunch forces 7 US companies to file for bankruptcy
Synopsis
The wave of bankruptcies comes as companies struggle to re-negotiate burdensome debtloads accumulated during the era of ultra-low interest rates. Others filing Chapter 11…
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US-Iraqi Business Council strengthens partnership with Baghdad
US-Iraqi Business Council strengthens partnership with Baghdad
Baghdad (IraqiNews.com) – Steve Lutes, the President of the US-Iraqi Business Council and Vice President of the American Chamber of Commerce for Middle East Affairs, and US…
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Global markets update: US, European stocks gain amid debt ceiling talks
Global markets update: US, European stocks gain amid debt ceiling talks
S&P 500 gains 0.31%, Dow Jones Industrial Average adds 0.17%, Nasdaq Composite rises 0.66%
US stock indices rose on Monday amid ongoing debt ceiling…
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All eyes on US inflation data to be released today
All eyes on US inflation data to be released today
Today, the Bureau of Labour Statistics will release the most recent US inflation numbers for April.
Global investors will be watching the next set of US CPI data with bated breath. This…
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US inflation beat forecasts in April but remained high at 4.9%
US inflation beat forecasts in April but remained high at 4.9%
Annual rate has fallen sharply since hitting 40-year high last June but prices are still rising at a rate over twice the Fed’s target
The price of goods and services in the…
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$10,000 Asia-US Business Class Tickets Sold For $300 After Airline Blunder
$10,000 Asia-US Business Class Tickets Sold For $300 After Airline Blunder
ANA Holdings Ltd. said today the mistake stemmed from an error on its Vietnam website, which listed an erroneous currency conversion.
Eagle-eyed travelers…
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U.S. business investment downturn could pressure slowing economy
U.S. business investment downturn could pressure slowing economy
U.S. business investment contracted more sharply than previously estimated in the second quarter and corporate profit growth was tepid, casting a shadow on an economy that is…
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Gold Price Today: MCX Gold trades lower ahead of US inflation data; what should be your strategy?
Gold Price Today: MCX Gold trades lower ahead of US inflation data; what should be your strategy?
Economic uncertainty is considered positive for gold prices since investors consider yellow metal as a safe investment when the economy is…
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Gold eases as investors brace for US inflation data
Gold eases as investors brace for US inflation data
Synopsis
Gold prices in Asia declined slightly as investors remain cautious ahead of the U.S. inflation data to be released on Wednesday. Spot gold decreased by 0.1% at $2,020.22 per…
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