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Chinese Economy’s Struggle to Recover

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  • Post last modified:July 12, 2023

Introduction The Chinese economy, once expected to experience a strong rebound, is facing challenging times. The lifting of President Xi Jinping's failed zero-Covid policy has not resulted in the anticipated…

Ondo InsurTech Secures Loan Restructuring

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  • Post last modified:July 11, 2023

Ondo InsurTech, the London-listed insurtech group, announced on Tuesday that it has reached an agreement with its largest shareholder, Homeserve Assistance, to restructure its five-year loan notes. This move aims…

Travis Perkins CFO Set to Step Down

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  • Post last modified:July 11, 2023

Travis Perkins, the U.K. building-materials retailer, has announced that Chief Financial Officer Alan Williams will be stepping down in 2024. In his place, the company has named Duncan Cooper, currently…

iFlytek Shares Surge

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  • Post last modified:July 11, 2023

IFlytek, a Chinese tech company specializing in natural-language processing and artificial-intelligence technologies, saw its shares surge on Tuesday despite forecasting a steep drop in first-half profits. Investors chose to focus…

Investor Confidence in Biopharma Sector Takes a Hit

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  • Post last modified:July 10, 2023

New approvals from the Food and Drug Administration (FDA) are continuing to put downward pressure on the share prices of drug developers, indicating a growing skepticism among investors towards the…

Addressing Overconcentration in the Nasdaq 100

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  • Post last modified:July 10, 2023

The dramatic rally in technology shares this year has raised concerns about overconcentration within the Nasdaq 100 stock index. With tech giants like Apple, Microsoft, and others dominating the market,…