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Augmented actuality agency Nreal targets IPO inside 5 years, CEO says
SHANGHAI — Nreal, a Chinese company making glasses for so-called augmented reality experiences, is looking to go public within five years, its CEO told CNBC. “We’re thinking this is really a major tech market and really looking forward to what’s going to happen in the next 10 to 15 years. Very exciting – I think…
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Inventory falls 9% in market debut on New York Inventory Trade
The New York Stock Exchange welcomes executives and guests of Dole (NYSE: DOLE), on July 30, 2021, in celebration of its Initial Public Offering. To honor the occasion, Johan Linden, Chief Operating Officer, Seamus Mulvenna, CEO Total Produce North America and Shane Power, Corporate Finance Director, joined by Chris Taylor, Vice President, NYSE Listings and…
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Filipino Olympic Champion in reference to alleged conspiracy to overthrow Duterte
Hidilyn Diaz of the Philippines wins the gold medal in the women’s 55kg weightlifting during the 2020 Tokyo Olympics on July 26, 2021. Vincenzo Pinto | AFP | Getty Images Two years before Filipino weightlifter Hidilyn Diaz won the country’s first Olympic gold medal, she was linked to an alleged plot to oust President Rodrigo…
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Here is what’s within the $ 550 billion bipartisan infrastructure deal
After weeks of haggling behind closed doors, a bipartisan group of senators finally reached an agreement on Wednesday on the key details of a comprehensive infrastructure bill that will include $ 550 billion in new spending. The law would allow federal funds to flow into physical infrastructure projects such as roads, bridges, passenger rails, drinking…
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Credit score Suisse Q2 2021 earnings
Credit Suisse bank. NurPhoto | NurPhoto | Getty Images LONDON — A Credit Suisse investigation said Thursday that the bank failed “to effectively manage risk” when doing business with the collapsed U.S. hedge fund Archegos. The bank’s results have been overshadowed by heavy losses following a scandal involving Archegos Capital, a U.S. based hedge fund, which collapsed…
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Authorities bond yields rise forward of the Fed’s financial coverage determination
US Treasury bond yields rose Wednesday ahead of the Federal Reserve’s latest monetary policy decision. The benchmark ten-year government bond yield rose 2 basis points to 1.256% at 12:00 PM ET. The yield on the 30-year government bond rose 2 basis points to 1.913%. The returns move inversely to the prices and 1 basis point…
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Hong Kong’s Hold Seng Index extends losses after two days of defeat
SINGAPORE – Asia Pacific stocks were lower in trading Wednesday morning, with Hong Kong stocks struggling to recover from a two-day loss. In Wednesday morning trade, Hong Kong’s Hang Seng index fell 0.28% after rising more than 1% earlier. This was followed by a decline of more than 8% in two days earlier this week,…
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Capitol riot probe should uncover what occurred at Trump White Home, Cheney says
U.S. Representative Liz Cheney (R-WY) delivers an opening statement during the opening hearing of the U.S. House (Select) Committee investigating the January 6 attack on the U.S. Capitol, on Capitol Hill in Washington, U.S., July 27, 2021. Jim Bourg | Reuters Republican Rep. Liz Cheney of Wyoming said Tuesday that the House select committee investigating…
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Inventory futures are flat in entrance of huge tech’s income
Stock futures were flat in overnight trading Monday ahead of several mega-cap tech companies’ quarterly earnings reports. Futures on the Dow Jones Industrial Average added 7 points, or 0.02%. S&P 500 futures and Nasdaq 100 futures traded near the flatline. Tesla shares rose Monday after a better-than-expected earnings report for the second quarter after close…
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Authorities bond yields fall with deal with Fed assembly
US Treasury bond yields fell Monday morning, with investor attention focused on the Fed’s two-day monetary policy meeting this week. The benchmark ten-year Treasury yield fell 5 basis points to 1.233% at 3:30 a.m. ET. The yield on the 30-year government bond fell 5 basis points to 1.872%. The returns move inversely to the prices.…