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Tag: Swings
Bitcoin swings sharply after false claim that SEC approved ETFs
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Prices of cryptocurrencies swung sharply on Tuesday after a…
Singapore Struggles to Fix Power Market After Wild Price Swings
[ad_1] Singapore is struggling to attract new players to its volatile power market, threatening to unwind reforms aimed at boosting competition and reducing electricity bills for consumers. Surging spot power…
Broadcom’s Software Makeover Doesn’t Fully Mask Chip Swings
[ad_1] Broadcom Chief Executive Hock Tan isn’t someone who finds blowing money appetizing. But that $40,000 dinner seems to have gone down well. That was the reported cost for Tan…
TUI AG Swings to Profit on Record Revenue
[ad_1] TUI AG reported a swing to net profit for fiscal 2023 on record revenue and said that it expects revenue for the year ahead to grow at least 10%.…
Financial markets may be reacting to data swings that ‘aren’t reality,’ a former Fed economist says
[ad_1] Federal surveys measuring prices, job openings, and other stats have been seeing declining response rates. That’s concerning for markets that have become ultra-sensitive to economic data because it affects…
S.Africa’s Quantum Foods swings to loss on bird flu, power cuts
[ad_1] Dec 1 (Reuters) – South African poultry producer Quantum Foods (QFHJ.J) on Friday reported a 35 million rand ($1.86 million) loss in the year to end-September, after the country’s…
PPC surges 11% as it swings back into profit amid boost in Zimbabwe | Business
[ad_1] PPC group CEO Roland van Wijnen. Shares in cement producer PPC jumped 10% on Monday after the company announced a return to interim profit on the back of higher…
Chaotic weather swings are hitting everywhere from Africa to Europe
[ad_1] Italy’s weather extremes mirror Ethiopia’s climate, research reveals. ADVERTISEMENT Millions of people around the world have been experiencing a ‘climate hazard flip’ since the start of the century, new…