October 5, 2024
Chicago 12, Melborne City, USA
GTRStocks Blog
Politics

FBI Probes Iranian Hacking Attempts on US Presidential Campaigns, Raising Election Interference Concerns

FBI Investigates Iranian Hacking Attempts on US Presidential Campaigns Introduction: The FBI has launched an investigation into suspected Iranian hacking attempts targeting US presidential campaigns. This development marks the first major foreign attempt to disrupt the 2024 election, raising alarms about election security and the potential for foreign interference. The Hacking Incidents: According to a

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Technology

Apple to Open iPhone Payment Chip to Third Parties, Introducing New Revenue Stream

Apple Opens Payment Chip to Third Parties: What It Means for the Market In a significant move likely to reshape the digital payment landscape, Apple Inc. has announced that it will allow third parties to access the iPhone’s payment chip, marking a departure from its previous stance of restricting this capability to its proprietary Apple

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Market

Mars Secures Largest Bridge Loan of the Year for Kellanova Acquisition

Mars Secures Landmark $29 Billion Bridge Loan for Kellanova Acquisition Mars Inc., the global packaged food giant, has locked in the largest blue-chip debt financing deal of the year to support its ambitious $36 billion acquisition of Kellanova. This acquisition is a major move in the industry, and Mars has lined up a $29 billion

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Economy

Core US Inflation Softens for Fourth Consecutive Month, Paving the Way for Fed Rate Cut

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Market

Ethiopia’s Shift from Currency Control: A Turning Point for the Economy

Ethiopia’s Currency Liberalization: What It Means for the Economy and Investors For over fifty years, Ethiopia tightly controlled the value of its currency, the birr. This longstanding policy shifted dramatically in July when the government, grappling with unsustainable debt levels and shrinking foreign reserves, was compelled to liberalize the exchange rate. The move, similar to

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Health Industries

Inactive Bird Flu Virus Found in 17% of US Dairy Products: What It Means for Investors and Consumers

A recent study by the US Food and Drug Administration (FDA) revealed that one in six dairy products in US retail stores showed signs of inactive bird flu virus this summer. While this might sound alarming, it’s crucial to understand the implications for both the dairy industry and consumers, particularly from an investment standpoint. The

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Commodities

Altman-Backed Nuclear Company Partners with Siemens Energy to Revolutionize Power Generation

Oklo Inc., an innovative developer of advanced nuclear reactors, has taken a significant step forward by partnering with Siemens Energy to integrate their technology into its power plants. This collaboration, backed by OpenAI’s CEO Sam Altman, is poised to accelerate the deployment of Oklo’s cutting-edge reactors, potentially reshaping the energy landscape. Strategic Partnership: A Game-Changer

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Stocks

SoftBank-Backed Brainbees Soars 52% in Mumbai Trading Debut: An Investor’s Perspective

Brainbees Solutions Ltd., the parent company of popular baby-products retailer FirstCry, made a remarkable debut in the Mumbai stock market, with its shares surging 52% on the first day of trading. This significant leap marks the strongest listing-day gain for any major Indian initial public offering (IPO) in 2024. The IPO, which raised close to

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Industries

Indian Brewer Backed by Kirin Aims for Market Domination with New Factory

B9 Beverages Ltd., an Indian craft brewer supported by Japan’s Kirin Holdings Co., is setting its sights on challenging the dominance of established global beer brands. The company is investing $70 million in a new brewing facility in Uttar Pradesh, poised to become India’s largest beer factory, as it prepares for a public listing in

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Economy

Bangladesh Central Bank Governor Steps Down Amid Political Unrest

Abdur Rouf Talukder, the Governor of Bangladesh Bank, has resigned, as reported by sources familiar with the situation. The decision comes just days after protesters stormed the central bank’s headquarters amidst escalating political turmoil in the country. Talukder, who cited “personal reasons” for his departure, stepped down on Friday, two years before the official end

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