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Banking & Finance
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This tax applies to companies with average adjusted income of $1 billion or moreÂ
IMF projects core U.S. PCE inflation to end 2024 at 2.5 percent, returning to the Fed's 2 percent target by mid-2025Â
Annual inflation in the country is currently at 9 percent, surpassing earlier predictions
Starting in 2025, 1,000 full-time faculty will be added at state medical schools by 2027, including 330 next yearÂ
For the first time in a quarter-century, the share of the precious metal in the country’s international reserves exceeded 30 percent
This resurgence is encouraging for Europe’s banks, which heavily depend on mortgage lending for profitsÂ
Energy
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New docking facilities on Germany's North Sea coast will handle heavy loads, including wind farm components
The inflation landscape is gradually improving, highlighting the progress toward the ECB's 2 percent target
The country's wind and solar exports cut global CO2 emissions by about 810 million tons in 2023
The country is accelerating truck electrification with 30 new policy interventions
New Permian wells delivering high output at 433,000 barrels per day
The project will include an array of panels, batteries and, eventually, a cable linking Australia with Singapore
Health
See ArticlesStarting in 2025, 1,000 full-time faculty will be added at state medical schools by 2027, including 330 next yearÂ
The country is grappling with a labor shortage exacerbated by a declining birthrate
Unlocking the $100 billion weight loss market opportunity
Enhancing employee well-being improves organizational performance
Middle East home to some of the highest engagement with apps Â
 The Global Effort in Accelerating the 5th Industrial Revolution
Industry
See ArticlesNew docking facilities on Germany's North Sea coast will handle heavy loads, including wind farm components
The chips produced here will serve various industries, including automotive, electric vehicles, consumer electronics
For services, the value of exports was 228.8 billion yuan, while imports reached 367.1 billion yuan
Imports rose by 6 percent year-on-year to $54 billion, resulting in a trade surplus of $3.83 billion
The country’s major firms reported 4.1 percent profit increase in July alone
Despite the surge in cargo volume, sea freight rates have been declining across all routes since the end of July
Logistics
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Singapore, with an investment of around $160 billion in the Indian economy, is a leading economic partner for India
New docking facilities on Germany's North Sea coast will handle heavy loads, including wind farm components
For services, the value of exports was 228.8 billion yuan, while imports reached 367.1 billion yuan
Imports rose by 6 percent year-on-year to $54 billion, resulting in a trade surplus of $3.83 billion
The country’s major firms reported 4.1 percent profit increase in July alone
Non-EU trade surplus hit SEK 22.7 billion during this period
Markets
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CPI showed annual inflation fell by 0.4 points to a lower-than-expected 2.5 percent
Japan's broader Topix index also witnessed a 0.88 percent rise to 2,483.30 while the Nikkei 225 index inched up 0.56 percent to 35,025
Analysts projected Meta's 2024 capex at $35-40 billion, but the company raised the minimum to $37 million
The S&P 500 technology index declined 1.36 percent, marking the previous session's largest decline
From July 11 to Monday's crash, the Nikkei index lost $792 billion off its peak market value
Goldman Sachs analysts have increased their 12-month U.S. recession odds by 10 percentage points to 25 percent
Miscellaneous
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Expected sales for the next three months reached their highest level since January 2020, before the COVID-19 pandemicÂ
Starting in 2025, 1,000 full-time faculty will be added at state medical schools by 2027, including 330 next yearÂ
Home Minister Amit Shah emphasized that the national suspect registry will be vital in preventing future cybercrimesÂ
The country is grappling with a labor shortage exacerbated by a declining birthrate
Capital spending surges 7.4 percent to 11.92 trillion yen in Q2
The chips produced here will serve various industries, including automotive, electric vehicles, consumer electronics
Real Estate
See ArticlesExpected sales for the next three months reached their highest level since January 2020, before the COVID-19 pandemicÂ
Housing services contributed 2.2 percentage points to a core CPI reading of 3.2 percent on a 12-month basis
Total housing inventory reached 1.33 million units by the end of July, up 0.8 percent from June
Average five-year fixed mortgage rate is now 4.80 percent, which is still high compared with three years ago
Property investment fell 10.2 percent annually in the January-July period, compared with a 10.1 percent drop in the first half of the year
London continues to have the most expensive house prices in the U.K., now averaging at 536,052 pounds, up 1.2 percent
Telecom
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$36.3 billion in cloud and big data revenue drives the industry
