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Business News

Location American Business News for 27 August 2023
Gadar 2 box office collection: Sunny Deol's film likely to cross ₹450 crore mark today. Check stats here Gadar 2 box office collection Day 16: 'Gadar 2' had amassed ₹284.63 crore in it's first week itself after it was released on 11 August and has been holding strong since then.
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Ex-Deliveroo execs secure Google AI funding for property search engine A trio of former Deliveroo executives have secured investment for a new property search engine start-up backed by a Google artificial intelligence fund.
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Travers Stakes 2023 Results: Arcangelo Wins, Disarm Surprises By Placing, And Tapit Trice Shows The 2023 Travers lived up to its star-studded billing on Saturday in Saratoga. Here is what Arcangelo did to Forte, and vice versa, in this splendid horse race.
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OTTs pledge self-regulation amid scrutiny

livemint.com - 27 Aug 2023 19:43
OTTs pledge self-regulation amid scrutiny OTT platforms have outlined their long-term objectives in a letter to the government
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Chromebooks Were Once a Good Deal for Schools. Now They're Becoming E-Waste. Educators say the simple laptops are no longer a good deal because once they reach their expiration dates they have no second life.
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Western Banks Help Fund Blacklisted Oligarch's Charity

The New York Times - 27 Aug 2023 11:00
Western Banks Help Fund Blacklisted Oligarch's Charity Konstantin Malofeyev's foundation funds orphanages in occupied Ukraine. He denies that a child-removal program there is a war crime: "All of this is fake."
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US Dollar Dominance in Global Payments Strengthens, SWIFT Data Shows The U.S. dollar's dominance in global payments has strengthened, according to data compiled by global financial messaging service SWIFT. The share of SWIFT FX transactions involving the U.S. dollar rose to a record 46% i...
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Economist Peter Schiff Warns of 'Full-Blown Financial Crisis' Hitting US Economy Before Fed Reaches Inflation Target Economist Peter Schiff has warned about an impending "full-blown financial crisis" that he expects to hit the U.S. economy before the Federal Reserve reaches its inflation target. He further predicted that the financial ...
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FC Barcelona MVP Lamine Yamal Gives First Public Interview: 'I'm Not Scared. I Go Out And Play Football' FC Barcelona prodigy Lamine Yamal has given his first public interview as a professional following an MVP performance in Sunday's 4-3 comeback win over Villarreal.
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U.S. Commerce Secretary Faces a Wide Range of Issues in China

The New York Times - 27 Aug 2023 16:00
U.S. Commerce Secretary Faces a Wide Range of Issues in China The secretary said she planned to discuss U.S. technology controls, commercial disputes and opportunities for doing more business in her visits to Beijing and Shanghai this week.
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Why Johnnie Walker Invested In A Michelin Star-Worthy Whisky Tasting Two Michelin stars, one unforgettable tasting: Johnnie Walker and Raby Hunt redefine whisky tasting experiences in Edinburgh.
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The 10% Yielding Real Estate Portfolio

Forbes - 27 Aug 2023 14:08
The 10% Yielding Real Estate Portfolio REITs trade more like bonds than stocks, so they tend to hold up well in recessions. Their dividends come back in vogue as easy money dries up.
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Vision 2030 is Saudi Arabia's grand plan to future-proof its oil-based economy. Experts say it's a huge risk. Vision 2030 is Saudi Arabia's hugely ambitious scheme to reduce its reliance on oil exports and transform its economy, but there's no guarantee of success.
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Crypto community reacts to Biden's proposed crypto tax reporting rules Many prominent crypto commentators are concerned that this will make crypto firms even more reluctant to do business in the United States.
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The Tokyo Stock Exchange has pushed them to pay closer attention to market valuation and shareholder return.
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Rising Long-Term Rates Loom Over Wall Street

Wall Street Journal - 27 Aug 2023 05:00
Futures markets show a growing expectation that interest rates could stay higher for longer, exerting pressure on stocks.
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It's only a matter of time until the ESG movement will R.I.P. "ESG is still popular in Europe," the adviser tells me. "For US investors these days it's mostly window dressing at BlackRock. It's not really used in decision making any more."
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Get ready for a new season of 'The Wheel of Time,' the superhero spinoff 'Gen V' and the return of Thursday Night Football
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Will Djokovic And Alcaraz Maintain Friendly Fire In New York? The mutual respect between Novak Djokovic and Carlos Alcaraz is huge. Win or lose in New York, their appreciation for each other is almost as captivating as their play.
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Glassnode and Ark Invest Introduce 'Cointime Economics' -- A New Model to Measure Bitcoin's Value Researchers from Glassnode and Ark Invest have collaborated to develop a new economic model for analyzing Bitcoin’s onchain metrics called “Cointime Economics.” The framework offers an alternative way to measure th...
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2023 FIBA World Cup: Canada Dismantles Lebanon And Latvia Sends France Home On Sunday, in Group H, Canada easily cruised to a 128-73 win over Lebanon while Latvia dashed France's dreams of a Gold medal sending them home early on.
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Jack Sock Retiring From Tennis, Poised To Play Pro Pickleball Jack Sock, who achieved a career-high ranking of No. 8 in singles and No. 2 in doubles, is retiring from professional tennis after the U.S. Open and appears to be purs...
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