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February 8, 2023

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UK companies face biggest monthly surge in borrowing costs for decades

October 13, 2022October 7, 2022 - by imagine24net

Borrowing costs for UK companies have soared since the British government’s mini-budget last week spooked markets, with data showing sterling corporate bonds suffering their biggest monthly selloff since at least …

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Business

Bank of Canada to start releasing rate decision summaries next year

October 12, 2022October 7, 2022 - by imagine24net

The Bank of Canada on Wednesday said it would begin publishing a summary of its monetary policy deliberations starting next year, accepting a key recommendation from a transparency review by …

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Business

Lions Gate focusing on spinning off studio business over Starz

October 11, 2022October 7, 2022 - by imagine24net

Lions Gate Entertainment Corp (LGFa.N) said on Wednesday it was focusing on spinning off its studio business first, even as it explores alternative options for its cable and streaming division, …

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Business

Apple falls on fears of slowing iPhone 14 demand

October 10, 2022October 7, 2022 - by imagine24net

Apple Inc (AAPL.O) shares fell more than 4% on Wednesday after a report that the tech giant was ditching its plans to boost production of the latest iPhone fueled demand …

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Business

Cineplex makes approach for Cineworld’s U.S. franchise

October 9, 2022October 7, 2022 - by imagine24net

Canadian cinema chain Cineplex (CGX.TO) has approached bankrupt rival Cineworld’s (CINE.L) lenders for a potential merger with the British company’s U.S. unit Regal Entertainment, the Wall Street Journal reported on …

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Business

U.S. pending home sales post third straight monthly decline in August

October 8, 2022October 7, 2022 - by imagine24net

Contracts to buy U.S. previously owned homes fell for a third straight month in August, weighed down by soaring mortgage rates and high house prices, which are eroding affordability. The …

U.S. pending home sales post third straight monthly decline in August Read More
Business

Nasdaq divides business into three units to streamline operations

October 7, 2022October 7, 2022 - by imagine24net

Nasdaq Inc (NDAQ.O) said on Wednesday it was reorganizing its business into three divisions to focus on major growth areas as competition among trading exchanges was intensifying. It said Market …

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