reports

Caesars Entertainment reports unexpected quarterly deficit, falls short of Wall Street predictions according to Reuters

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Caesars Entertainment reports unexpected quarterly deficit, falls short of Wall Street predictions according to Reuters

Caesars Entertainment surprised investors with a third-quarter loss, falling short of market expectations. The company attributed the poor results to new competition and disruptions caused by construction in regional markets. Following the news, Caesars’ shares dropped by 4% in after-hours trading. Instead of the expected profit of 12 cents per share, Caesars reported a loss … Read more

Flash floods in southern and eastern Spain triggered by heavy rains, reports Reuters

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Flash floods in southern and eastern Spain triggered by heavy rains, reports Reuters

Heavy rains caused by a cold front sweeping across southeastern Spain led to flooding in various areas on Tuesday, prompting authorities to advise citizens to stay home and avoid unnecessary travel. Spain’s state weather agency, AEMET, issued a red alert in the eastern Valencia region and the second-highest level of alert in parts of Andalusia … Read more

Reports say one person killed in Argentina hotel collapse

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Reports say one person killed in Argentina hotel collapse

There are reports of one person dead and several others possibly trapped in rubble after a hotel collapsed in Argentina. The 10-story Dubrovnik hotel in the coastal city of Villa Gesell collapsed early on Tuesday, according to Reuters news agency, citing the local municipality. It is believed that up to 15 people were inside the … Read more

Slovak Prime Minister Fico plans trip to China in pursuit of new partnerships outside of western allies, reports Reuters.

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Slovak Prime Minister Fico plans trip to China in pursuit of new partnerships outside of western allies, reports Reuters.

“ (Reuters) – Slovak Prime Minister Robert Fico will visit China from Oct. 30 to Nov. 5 to meet its leaders and foster closer bilateral and economic ties, his government said on Tuesday, as Slovakia aims to build alliances outside its European Union and NATO partners. Fico will meet Chinese President Xi Jinping, Prime Minister … Read more

Thai government aims for increased inflation range prior to BOT meeting, reports Reuters

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Thai government aims for increased inflation range prior to BOT meeting, reports Reuters

“ BANGKOK (Reuters) – Thailand’s Finance Minister Pichai Chunhavajira stated on Tuesday that the country’s inflation target should be set higher than 1%, as he prepared to meet with the central bank governor to negotiate a new target range. Pichai and Bank of Thailand (BOT) Governor Sethaput Suthiwartnarueput, along with other officials, are scheduled to … Read more

Lebanon reports 60 fatalities from Israeli attacks on Bekaa Valley in the east

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Lebanon reports 60 fatalities from Israeli attacks on Bekaa Valley in the east

Over 60 people have died in Israeli attacks on Lebanon’s eastern Bekaa Valley, according to the Lebanese health ministry. Officials reported that two children were killed in the strikes in 12 areas in the Baalbek region. Additionally, 58 people were injured, with ongoing rescue operations in the valley, which is known as a Hezbollah stronghold. … Read more

HSBC reports 10% increase in profits for third quarter and initiates $3 billion share repurchase program according to Reuters

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HSBC reports 10% increase in profits for third quarter and initiates billion share repurchase program according to Reuters

HSBC Holdings reported a 10% increase in third-quarter profit, surpassing analyst expectations. The bank’s wealth and wholesale banking divisions benefited from slower rate cuts, while undergoing a major overhaul. Europe’s largest bank recorded a pretax profit of $8.5 billion for the July-to-September period, up from $7.7 billion a year earlier. This result exceeded the $7.6 … Read more

Investing.com reports BDMD stock hitting 52-week low of $2.77 amidst market challenges

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Investing.com reports BDMD stock hitting 52-week low of .77 amidst market challenges

In a volatile market environment, BDMD stock has hit a 52-week low, trading at $2.77. This price level reflects the ongoing challenges facing the company, as investors react to various external and internal factors impacting its performance. Over the past year, the stock has seen a significant decline, in line with ExcelFin Acquisition’s 1-year change … Read more

Bank of America reports that even families making more than $150,000 annually struggle to make ends meet

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Bank of America reports that even families making more than 0,000 annually struggle to make ends meet

“ It is not a surprise that prices for everything are increasing these days. (Tickets to the World Series are the most expensive ever.) However, according to a recent analysis by Bank of America, the situation is worse than many people realize, even for those considered wealthy. Due to rising basic expenses and, in many … Read more

Warning of Mass Layoffs and Plant Closures in Germany by Volkswagen’s Labor Chief, Reuters Reports

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Warning of Mass Layoffs and Plant Closures in Germany by Volkswagen’s Labor Chief, Reuters Reports

Volkswagen (ETR:) is planning to close at least three factories in Germany, lay off tens of thousands of staff, and reduce the size of its remaining plants in Europe’s largest economy as part of a more extensive restructuring than initially anticipated, according to the carmaker’s works council head. The decision comes as Volkswagen aims to … Read more