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Fast fashion giant Shein, founded in China, is taking steps for going public in the United Kingdom, according to multiple media reports, in what would likely provide a shot in the arm for London’s ailing main stock exchange. The online retailer is preparing to file a prospectus with the UK’s…

Get introduced to Blockchain News and learn more about this unique technology. Blockchain News today will provide you with the most important insights about the digital currencies market and will expand your field of knowledge. The Latest Blockchain News is the answer to all your questions, so take a look…

Investment Thesis Confluent (NASDAQ:CFLT) is making all the right moves. More specifically, Confluent is on a straight path to improving its bottom-line profitability. However, to improve its profitability, Confluent is having to sacrifice its growth rates. Consequently, I estimate that confluent isn’t particularly cheap, at 160x forward non-GAAP operating profits.…

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Copper prices continue to stand above the $8,200/metric tonne (mt) mark, defying weaker investor sentiment in China, as a series of mine supply downgrades drive analysts’ prediction of a persistent market deficit in 2024. Analysts at UBS foresee a target of $9,500/mt for , recommending investors seize buying opportunities on…

By Maiya Keidan TORONTO (Reuters) – Top Canadian pension manager the Alberta Investment Management Corporation (AIMCo) on Thursday announced the creation of a C$1 billion ($745 million) energy transition fund, following similar moves by peers. AIMCo, which has C$158 billion in assets, said the fund will be dedicated to investing…

By Gertrude Chavez-Dreyfuss and Herbert Lash NEW YORK (Reuters) -The dollar rose modestly against major currencies on Monday, as investors braced for data on U.S. inflation and retail sales this week for clues on when the Federal Reserve may begin widely anticipated interest rate cuts. In cryptocurrencies, bitcoin hit $50,000…

By Howard Schneider and Michael S. Derby WASHINGTON/NEW YORK (Reuters) -A week of disappointing U.S. economic data, including stronger-than-expected inflation and weakening spending, has Federal Reserve policymakers doubling down on their wait-and-see approach to interest rate cuts this year, but not discouraged. The latest bit of bad news came early…

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