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HERE.news (aka "Newstr")
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Save Big on Kitchen Products, Fashion, and Toys During Amazon's Big Spring Sale

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#4bba010e ver:0.06

The Amazon Great Indian Festival 2023 is now live for Prime members, offering early access to the best deals on laptop brands and computer accessories. For non-Prime members, the sale will begin on 8th October. This sale brings you the finest deals on the best laptop brands, including Apple, HP, ASUS, and more. Additionally, you can explore the extensive list of computer accessories available at the lowest prices in the Amazon sale. From mice to headphones, these accessories provide different functionalities to enhance your computer experience. Don't miss out on the opportunity to upgrade your technology at unbeatable prices!

In addition to the exciting tech deals, October Prime Day also offers incredible discounts on kitchen appliances. The Manual has compiled a list of the best kitchen ...

#newstr #Amazon #SpringSale #KitchenProducts #Fashion #Toys

https://here.news/story/4bba010e?ver=0.06

Scotland's Start-Up Nation Plan Faces Criticism for Lack of Ambition and Questions Arise Over Public Funding for Explicit Sex Film

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#1f667a9e ver:0.05

Former UK Prime Minister Gordon Brown has called for the creation of 'growth zones' in Aberdeen and other Scottish cities to boost economic growth. Brown spoke at a conference and highlighted the lack of cooperation and coordination among various skills and development agencies in Scotland. He argued that the multitude of agencies is holding back the Scottish economy and that funds could be better utilized if the Scottish and UK governments worked together. Brown emphasized the need for a coordinated approach at both the regional and national levels. A report by a think tank recommends the establishment of five 'growth zones' in Edinburgh, Dundee, Aberdeen, and the greater Glasgow area, which would be jointly governed by local councils and the Scottish and UK governments. The report also s...

#newstr #Scotland #StartupEcosystem #EconomicGrowth #TechStartups #FundingGap #ScottishFilmAndTvSector #VisualEffectsIndustry #Ireland #CreativeScotland #ExplicitSexFilm #PublicFunding

https://here.news/story/1f667a9e?ver=0.05

Accenture and Adobe Collaborate to Develop Industry-Specific Generative AI Solutions for Marketing Transformation

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#13f6200d ver:0.29

Interpublic Group (IPG) has partnered with Adobe to integrate Adobe GenStudio into its marketing technology platform, becoming the first company to do so. The partnership aims to power content creation and activation across IPG's operations. IPG's engine streamlines and automates the end-to-end customer experience, leveraging Adobe GenStudio to speed up content ideation, creation, production, and activation through generative AI. The IPG engine also utilizes proprietary Acxiom data and identity products to create a more accurate picture of consumers and authentic connections with brands. The partnership enables IPG to deliver personalized connections with consumers and enhance content strategies with ethically sourced generative AI. The unified operating system deployed across IPG's entire...

#newstr #Ipg #Adobe #Accenture #GenerativeAi #ContentCreation #MarketingTransformation

https://here.news/story/13f6200d?ver=0.29

'Israel will need to show creativity in finding new operational tactics' against Hezbollah, says Saudi military pundit

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#e229486e ver:0.04

The conflict between Israel and Hamas continues to escalate, with Israeli forces carrying out a second ground raid into Gaza . During an attack on October 7, 2023, Hamas militants successfully breached Israel's border defenses, exposing vulnerabilities in the country's security system . The militants targeted communication towers and disabled key detection and warning systems, using snipers and commercial drones armed with explosives . This allowed them to advance deep into Israeli territory with little resistance, resulting in the deaths of at least 309 Israeli soldiers . The attack highlighted the mistake of placing key command centers close to the border and underestimating the enemy . The Israeli military struggled to respond to the unprecedented scale of the attack, raising questions ...

#newstr #Israel #Hamas #Hezbollah #Gaza #Conflict #BorderDefenses #RegionalDeterrence #MountainsBrigade #GolanHeights #Tunnels #Fortifications #Iran

https://here.news/story/e229486e?ver=0.04

Creative Scotland Postpones Funding Decisions for Open Fund for Individuals Following Controversy

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#d7475315 ver:0.08

Arts Council England continues to prioritize high-quality art in its funding decisions . Pub theatres are recognized as a springboard for emerging artists, providing them with opportunities to showcase their work . The Stage, a source dedicated to the arts, provides articles and quotes related to the industry . However, the lack of funding has forced the closure of the Vault Festival .

In other news, Sheridan Smith discusses her involvement in a new musical project . Indoor live performances are set to resume on August 1, bringing hope to the performing arts sector . Arts Council England has recently announced its National Portfolio Organization (NPO) funding decisions for the period of 2023-2026 .

Actor Seyi Omooba has lost her appeal over her sacking from The Color Purple . Robert Hast...

#newstr #CreativeScotland #Funding #OpenFundForIndividuals

https://here.news/story/d7475315?ver=0.08

FDA Issues Response Letters for Regeneron's Cancer Drug Odronextamab

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#5b5101d7 ver:0.1

The U.S. Food and Drug Administration (FDA) has issued Complete Response Letters (CRLs) to Regeneron Pharmaceuticals regarding its Biologics License Application (BLA) for the cancer drug odronextamab. The CRLs address the drug's use for relapsed/refractory follicular lymphoma (FL) and diffuse large B-cell lymphoma (DLBCL) and cite the need for further progress in confirmatory trial enrollment as the sole issue preventing approval. The FDA did not raise concerns about the drug's efficacy or safety, trial design, labeling, or manufacturing processes .

Regeneron has committed to working with the FDA to expedite the availability of odronextamab. The company will focus on addressing the issue of confirmatory trial enrollment and aims to make progress in this area to gain FDA approval. The drug...

#newstr #Fda #RegeneronPharmaceuticals #Odronextamab #CancerDrug #CompleteResponseLetters #BiologicsLicenseApplication #Relapsed/refractoryFollicularLymphoma #DiffuseLargeBcellLymphoma #ConfirmatoryTrialEnrollment #Efficacy #Safety #TrialDesign #Labeling #ManufacturingProcesses #EuropeanMedicinesAgency

https://here.news/story/5b5101d7?ver=0.1

Gold Prices Rise in European Trading Session, Maintaining Upside Momentum

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#cbfb541a ver:0.18

Gold prices have continued to rise in the European trading session, with spot gold reaching $2,171 per ounce, up by 0.30%. The increase in gold prices can be attributed to its safe haven appeal, which has attracted buyers. The weakening of the US dollar and muted market fundamentals have provided another opportunity for gold to sustain its upside momentum. Despite high-impact data favoring gains by the dollar, investors still hold a favorable view of gold as a safe haven investment for 2024. Many central banks are struggling to strike a balance between inflation and interest rates, and the US Federal Reserve is expected to announce three rate cuts this year, further supporting steady gains by gold in the mid-term. However, gold prices will need to overcome the resistance at $2,179 to maint...

#newstr #Gold #SafeHaven #UsDollar #CentralBanks #InterestRates

https://here.news/story/cbfb541a?ver=0.18

Cleveland-Cliffs and Constellium Secure DOE Funding for Decarbonization and Clean Energy Projects

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#e594a02e ver:0.35

The U.S. Department of Energy (DOE) is providing funding to two major companies, Cleveland-Cliffs Inc. and Constellium SE, for their decarbonization and clean energy projects. Cleveland-Cliffs is set to receive up to $575 million in funding for two projects aimed at reducing greenhouse gas emissions and enhancing operational efficiencies . The Middletown Works in Ohio could receive up to $500 million to replace its blast furnace with a Hydrogen-Ready Direct Reduced Iron (DRI) plant and Electric Melting Furnaces. The Butler Works in Pennsylvania is slated for a grant of up to $75 million to replace reheat furnaces with Electrified Induction Slab Reheat Furnaces . These projects are part of the government's broader efforts to support the transition to cleaner and more sustainable practices i...

#newstr #Clevelandcliffs #Constellium #DoeFunding #Decarbonization #CleanEnergy #SteelIndustry #Ravenswood #WestVirginia

https://here.news/story/e594a02e?ver=0.35

Ingersoll Rand Expands Life Sciences Portfolio with ILC Dover Acquisition

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#4e5eea28 ver:0.08

Orchid Island Capital Inc, a real estate investment trust (REIT), reported a net loss of $80.1 million for Q3 2023, down from $84.5 million in Q3 2022 . Despite the challenges posed by rising interest rates and market volatility, the company's portfolio grew to $4.5 billion, and interest income on the portfolio increased . Erie Indemnity Co also reported higher net income of $131.0 million in Q3 2023, while STAG Industrial experienced a decrease in net income but had other positive financial indicators . Orchid Island Capital Inc remains optimistic about its future prospects .

Innovative Industrial Properties, Inc. (IIP), the first and only real estate company on the New York Stock Exchange (NYSE: IIPR) focused on the regulated U.S. cannabis industry, announced its results for the fourth ...

#newstr #IngersollRand #IlcDover #Acquisition #LifeSciences #Biopharmaceutical #Pharmaceutical #MedicalDevice #PrecisionAndScienceTechnologies

https://here.news/story/4e5eea28?ver=0.08

Guggenheim Raises Price Target for Constellation Energy, Citing Unique Positioning and Financial Metrics

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Constellation Brands, a leading beverage company known for its Mexican beer portfolio, including brands like Modelo Especial and Corona Extra, has shown solid growth in its beer business. In the third quarter of fiscal 2024, Constellation Brands achieved a notable depletion growth of 8.2%, marking the 55th consecutive quarter of growth in this area . This growth can be attributed to the company's focus on higher-end brands and its premiumization strategy, which have aligned well with consumer trends. The success of its high-end brands has contributed to Constellation Brands' strong sales growth in the beer segment.

In addition to its growth in the beer business, Constellation Brands has demonstrated a balanced approach to capital allocation. The company executed $215 million in share rep...

#newstr #ConstellationBrands #ConstellationEnergy #BeerBusiness #HigherendBrands #PremiumizationStrategy #CapitalAllocation #ShareRepurchases #BreweryCapacities #Wine&SpiritsPortfolio #ShareholderValue #EpsModel #Valuation

https://here.news/story/08a34973?ver=0.04

HSBC Cuts Rio Tinto Stock Target, Maintains Hold Rating

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#8f09dd2d ver:0.32

HSBC Holdings has revised its price target on shares of Rio Tinto, reducing it to £5,150 from £5,400, while maintaining a Hold rating on the stock. The adjustment is based on a new valuation that considers discounted cash flow (DCF) and forward EV/EBITDA multiples. HSBC's decision to modify the price target is influenced by anticipated growth in Rio Tinto's operations at Oyu Tolgoi in Mongolia and Simfer in Simandou, Guinea. However, HSBC notes that these projects are associated with above-average risks, prompting a more conservative outlook on Rio Tinto's future performance.

In addition to the adjustment in Rio Tinto's stock target, HSBC also reported a fourth-quarter loss of $153 million, primarily due to a $3.0 billion impairment related to its investment in the Bank of Communications...

#newstr #Hsbc #RioTinto #StandardChartered #Petrobras #StockTarget #Valuation #FinancialPerformance #ShareBuybacks #StockUpgrade

https://here.news/story/8f09dd2d?ver=0.32

Bank Negara Malaysia Expects Ringgit to Strengthen in 2024 on Structural Reforms and Positive Growth Prospects

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The Malaysian economy is projected to grow by 4% to 5% in 2024, driven by resilient domestic expenditure and a recovery in exports. Sustained employment and wage increases will support household spending, while investment activity will be fueled by multi-year projects in both the private and public sectors. The ringgit is considered undervalued at its current level, influenced by short-term factors such as US Federal Reserve policy and financial market expectations. Bank Negara Malaysia (BNM) deputy governor Datuk Marzunisham Omar expressed optimism that the ringgit will strengthen in 2024, propelled by structural reforms and positive growth prospects . Malaysia's economy is expected to grow between 4.0% and 5.0% this year, buoyed by household spending and private consumption. The ringgit...

#newstr #MalaysianEconomy #EconomicGrowth #Ringgit #DomesticExpenditure #Exports

https://here.news/story/edbf6f6a?ver=0.83

Zimbabwe and Argentina Introduce Innovative Solutions to Combat Inflation and Revolutionize Finance

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#c1287937 ver:0.04

Zimbabwe has introduced a digital payment system called Zimbabwe Gold (ZiG), which is backed by physical gold held in the country's reserves. The ZiG digital tokens can be stored in a digital e-gold wallet or on e-gold cards, and can be used for business transactions or shared peer-to-peer. The introduction of gold coins and digital gold-backed tokens is intended to incentivize investors to put money into national assets instead of US dollars. The move is aimed at expanding the value-preserving instruments available in the economy and enhancing the divisibility and accessibility of investment instruments. The inflation rate in Zimbabwe reached 175% over the summer, prompting the issuance of gold coins as a means of storing value. The availability of gold is expected to ease pressure on the...

#newstr #Zimbabwe #Argentina #Inflation #Finance #DigitalPayment #GoldbackedTokens #UsDollars #Sonicwallet #Hyperinflation #UsTreasuryBonds #Digift #UsTreasuryBillTokens #Blockchain #Investment #Transparency #Security

https://here.news/story/c1287937?ver=0.04

Positive Outlook for REIT Dividend Stocks in 2024

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#328e32df ver:0.11

RBC Capital Markets has published its first-ever global real estate outlook for 2024, expecting 'healthy returns' for Canadian and U.S. REITs. The report highlights several parallel themes that will likely influence returns in both markets, including a shift to monetary policy easing, stabilizing yields, and sector fund flows. RBC's top picks include COLD, DIR, FR (Canadian and US industrial), CSH, VTR (Canadian and US seniors housing/healthcare), KMP (Canadian multi-family), TCN (US single-family rental), and MHC (US manufactured housing). The report also mentions that REITs tend to perform well in slower growth environments and ahead of initial rate cuts. BMO senior economist Sal Guatieri notes the significant increase in Canada's population compared to the U.S., driven by immigration an...

#newstr #Reit #DividendStocks #RealEstateInvestmentTrust #UsEconomy #InterestRates

https://here.news/story/328e32df?ver=0.11

Central Banks Expected to Delay Rate Cuts to June Amid Global Easing Cycle

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#e27004a0 ver:0.23

Economists and central bank watchers are predicting that the first loosening of monetary policy in developed markets will be postponed from March to June. The main factors motivating central bankers to cut rates include policy normalization amid higher real interest rates, inflation falling towards or below target, and slower economic growth and rising unemployment . The rate cutting cycle is expected to be more aggressive in the eurozone compared to the US. The European Central Bank (ECB) has around 150bps to 200bps of rate cuts available, while the Federal Reserve (Fed) has around 225bps to 275bps. The market is currently pricing in slightly more easing this year by the ECB compared to the Fed, which will have implications for the value of the euro versus the US dollar and the relative p...

#newstr #CentralBanks #EasingCycle #InterestRates #SwissNationalBank #BankOfJapan #BankOfCanada #ReserveBankOfAustralia #UsFederalReserve #EuropeanCentralBank #BankOfEngland #Inflation

https://here.news/story/e27004a0?ver=0.23

Pressure Mounts for the Japanese Yen as US Dollar Shows Continued Strength

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#76cf07ec ver:0.05

The US dollar is continuing to show strength, putting pressure on the Japanese yen. The positive economic data and expectations of higher interest rates by the Federal Reserve have contributed to the rise of the US dollar. The DXY, which closed the week in the 104 region, is now technically above a critical resistance level .

The article also mentions the possibility of the Federal Reserve cutting interest rates less than the projected three rate cuts, which could further support the US dollar. This indicates that the US dollar may continue to strengthen in the near future .

On the other hand, the Japanese yen is facing pressure as the USD/JPY pair approaches historic highs. Despite Japan's exit from expansionary monetary policy, the pair has continued to rise. Speculation of interventio...

#newstr #UsDollar #JapaneseYen #CurrencyExchange #FederalReserve #InterestRates

https://here.news/story/76cf07ec?ver=0.05

China's Transition to Green Development and Efforts to Reduce Carbon Emissions

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#331cf30f ver:0.13

China's transition to green and low-carbon development has been making significant progress. The country has surpassed thermal power with its booming renewable energy sector. China has committed to peaking carbon emissions by 2030 and achieving carbon neutrality by 2060. The country's energy intensity and carbon emissions intensity have both decreased, and it has become a global leader in the new energy vehicle market. China's industries and resident lifestyle have undergone a green transformation, with the adoption of clean energy heating and the use of renewable energy in the 2022 Beijing Winter Olympics. The country has also intensified its efforts to enforce environmental regulations and combat pollution. China's average PM2.5 density has decreased, and officials have been held account...

#newstr #China #GreenDevelopment #CarbonEmissions #EconomicGrowth #EnergyConsumption #CaliforniaWaterServiceGroup #GreenhouseGasEmissions

https://here.news/story/331cf30f?ver=0.13

US Economy Expected to Expand by 5.6% in 2024, Driven by Positive Ad Outlook and Improved Economic Expectations

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#46a776e4 ver:0.17

The US economy is projected to experience a 5.6% expansion in 2024, according to ad industry economist Brian Wieser. This revised outlook reflects an upward revision from Wieser's original projection of 4.3% in September 2023 and a subsequent revision of 5.2% in November 2023. Wieser attributes this positive outlook to improved future economic expectations, with GDP forecasts for 2024 increasing by nearly a percentage point in February compared to November. It's worth noting that Wieser's outlook excludes the expected record year for political ad spending in the US, which is projected to contribute up to $11 billion to the ad economy. The majority of political ad spending, about two-thirds, is expected to be allocated to TV, while the remaining third will go to digital platforms. Wieser al...

#newstr #UsEconomy #AdIndustry #GdpForecast #ConsumerSpending #PoliticalAdSpending #DigitalAdSpending #LinearTv #Cordcutting #AiTechnology #AutoIndustry #DataProtection #LaborRelations

https://here.news/story/46a776e4?ver=0.17

Baird Increases Price Target for GoDaddy Shares on Positive Growth Outlook

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#b59cd0f9 ver:0.04

Financial markets have weakened due to the strength of North American economies and the expectation of higher interest rates. The consumer is running out of steam, but other parts of the economy, such as infrastructure spending, are in better shape. Goodreid recommends Booking Holdings, Chubb, and Dana as investment opportunities. Booking is well-positioned to capture post-COVID travel dollars, Chubb benefits from higher rates, and Dana is a strong player in the EV revolution. The global sell-off in bonds indicates acceptance of higher interest rates.

Laurentian Bank's stock drops after analyst downgrades rating, General Motors delays plant conversion, retail sales increase, climate protesters disrupt energy conference, Canadian businesses urged to prioritize climate risk, and more.

Bo...

#newstr #Godaddy #Baird #PriceTarget #Transformation #GrowthOutlook

https://here.news/story/b59cd0f9?ver=0.04

USA Oil and Gas Industry Sees Job Growth in 2023

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#22b15a80 ver:0.2

The U.S. oil and gas industry experienced an increase in job numbers in 2023, according to the Texas Independent Producers and Royalty Owners Association's (TIPRO) latest state of energy report. The report revealed that the industry directly employed 2.04 million workers, representing a net increase of 56,373 jobs compared to the previous year. The total number of direct, indirect, and induced oil and gas jobs in the nation reached 24.14 million in 2023. Texas led the country in oil and gas employment, with 471,631 jobs located in the state. The largest sector within the industry was 'Gasoline Stations with Convenience Stores', employing 882,656 workers. The average national wage in the oil and gas industry was $79,427 in 2023, with workers in Crude Oil Extraction earning the highest annua...

#newstr #Usa #OilAndGasIndustry #Employment #JobFigures #Texas #Wages

https://here.news/story/22b15a80?ver=0.2