finance

Developers can now enroll in Apple's 'Small Business Program' for reduced App Store fees

A few weeks ago we learned that Apple was launching an "App Store Small Business Program" that could cut fees for developers who make less than $ 1 million a year on the App Store from 30% to 15% .
This program is now rolling out, and Apple won't open the registration process until this morning.
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CANADA FX DEBT-Canadian dollar extends rally as investors cheer vaccine progress

(Adds strategists and details; updates prices) * Canadian dollar gaining 0.5% against the greenback * Loonie hits 2-year high at 1.2852 * US oil price rises 0.8% higher * Canadian Bond yield trading mixed on a flatter curve By Fergal Smith TORONTO, Dec 3 (Reuters). The commodity-pegged Canadian d...

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London Has Lost Its Clout, Brexit Deal or No Brexit Deal

(Bloomberg Opinion) - In the mid-2000s, when finances were booming and the City of London was at the height of its power, broker chief Michael Spencer joked that statues of two US politicians - Paul Sarbanes and Michael Oxley - should be around the corner Set up London Stock Exchange. Its strict ...

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SunCulture wants to turn Africa into the world's next bread basket, one solar water pump at a time

According to a United Nations report, the world's food supply will have to double by 2050 to meet the demands of a growing population. And as pressure mounts to find new farmland to support growth, the world's eyes are increasingly turning to the African continent as the next potential global bre...

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Norwegian (NCLH) Extends Voyage Suspension Due to Coronavirus

To meet the requirements of the U.S. Centers for Disease Control and Prevention Framework for Conditional Sail Orders, Norwegian Cruise Line Holdings Ltd. announced an announcement. NCLH is extending its break on global cruise tours through March 31, 2021.

Previously, on November 9, 2020, the co...

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Wall Street Keeps Pushing Into China as Washington Balks

(Bloomberg) - A year after China's financial opening, Wall Street has been losing more and more of a growing consensus in Washington over the reins in Beijing.
It's a risk they want to take.
A high-profile cast of global banks and fund houses expanded their presence in China this year, and a reco...

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Hologic's (HOLX) New AI Technology Now Available Post FDA Nod

Hologic, Inc. HOLX recently announced the commercial availability of its Genius AI detection technology following FDA approval. Specifically, the latest technology is deep learning-based software designed to help radiologists identify subtle potential cancers associated with breast tomosynthesis ...

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Canadian dollar forecasts shift higher as Ottawa pads economic support: Reuters poll

By Fergal Smith
TORONTO (Reuters) - The outlook for the Canadian dollar has improved against expectations that the currency will benefit from domestic economic stimulus and the introduction of a COVID-19 vaccine, a Reuters poll found. The loonie has already grown in the last few months.
Canada's ...

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China's Clover says its COVID-19 vaccines trigger "strong immune responses" in early trial

BEIJING, December 4th (Reuters). Two coronavirus vaccine candidates developed by China's Clover Biopharmaceuticals elicited strong immune responses in an early human study and appeared to be safe, the company said on Friday.
The vaccine candidates, one containing an adjuvant from GlaxoSmithKline ...

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China's internet regulator takes aim at forced data collection

China is one step closer to unscrupulous data collection by app developers. This week, the country's cybersecurity watchdog was looking for comments on the user information apps from instant messengers to hail services are allowed to collect.
The move follows in the footsteps of a legislative pro...

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Blockchain Bites: Price Point! Bitcoin at $50K? $60K? $318K?

Traders have started to unwrap token bitcoins. The US Treasury Department will be closely monitoring digital innovations. And the trading volume at OKEx has decreased.
Top shelf
Forced Incineration
Ripple's chief technology officer, David Schwartz, tweeted that the community could force the burni...

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Chinese Firms Scour Latin America for Bargains After Slump

(Bloomberg) - Chinese companies and Canadian pension funds are in Latin America in search of rock bottom assets and the worst economic downturn in the region's largest industries in more than a century.
Foreign investors are watching sectors ranging from Brazilian healthcare to Argentine power tr...

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Playboy becomes consumer-products purveyor with 'climax delay' wipes

Playboy is now selling wipes at major retailers like CVS Health, which you may enjoy as much as securing the last canister of Clorox disinfectant wipes in the middle of the coronavirus pandemic.
The Playboy Climax Delay Wipe was launched last fall as part of Playboy's push into personal care prod...

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Deese and BlackRock Can Help Fight Climate Change

(Bloomberg Opinion) - Joe Biden's election of Brian Deese as chairman of the National Economic Council by the president-elect is likely to renew longstanding arguments about whether the private sector can be trusted to tackle climate change and how corporations should influence public order. The ...

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Okay nabs funding from Sequoia to build performance dashboards for engineering managers

In the midst of the pandemic, workplace cultures have been turned upside down. In the meantime, investment and growth have not slowed for many tech companies, so they still need to have new technical managers on board, even if best practices for remote management are far from being codified.
With...

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GBP/USD Price Forecast – British Pound Continues To Press Highs

The British pound continues to rebound during Thursday's training session as we get more rumors of a Brexit deal coming sooner rather than later. However, this is likely a weekend story to keep in mind. Ultimately, I think pullbacks will continue to be bought, but it is possible that the latest r...

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Lasting high? Cannabis industry aims to build on Thanksgiving rush

By Shariq Khan
(Reuters) - U.S. cannabis sales hit record levels over Thanksgiving weekend, leading the industry to forecast. The combination of COVID-19 fear and a trend towards legalization has resulted in a permanent surge in demand.
After years of sluggish official sales, the purchase price s...

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Biden adviser Campbell sees China's Asia trade focus as 'wake-up call'

By David Brunnstrom
WASHINGTON, December 2 (Reuters). A new China-backed Asia-Pacific trade deal, as well as Beijing's interest in a regional pact announced by President Donald Trump, should be "a real wake-up call" for the United States, a former US official who did so advised the elected Presid...

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East Africa Is Backsliding Dangerously

(Bloomberg Opinion) - In Gabarone last week, the South African development community met to discuss the crisis in the oil-rich north of Mozambique in which Ahlu Sunna Wa Jammu, a brutal insurgent group affiliated with the Islamic State, has taken over parts of the territory . This month alone, 50...

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Police: Couple flew to Hawaii despite positive virus tests

HONOLULU (AP) - A couple were arrested at an airport in Hawaii after traveling from the U.S. mainland despite knowing they were infected with COVID-19.
Wesley Moribe, 41, and Courtney Peterson, 46, boarded a United Airlines flight to Lihue with a 4-year-old child after testing positive for the co...

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Trump’s pre-emptive pardons indicate that crimes have been committed, says Rutgers Law professor

President Trump has reportedly been considering granting pardons to his eldest children as well as his lawyer Rudy Giuliani. The news comes as the Justice Department sealed documents revealing a possible bribe for the president's pardon program. The president pardoned his National Security Adviso...

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What Is CLS Holdings plc's (LON:CLI) Share Price Doing?

While CLS Holdings plc (LON: CLI) may not be the best-known stock right now, the share price on the LSE has risen double-digit over 10% in recent months. As a small-cap stock that is barely covered by analysts, it is generally more likely to be mispriced as there is less activity to get the stock...

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Greenlane Holdings (NASDAQ:GNLN) Shareholders Booked A 65% Gain In The Last Year

The easiest way to invest in stocks is to buy from exchange traded funds. However, you can significantly increase your returns by choosing stocks that are above average. For example, the stock price of Greenlane Holdings, Inc. (NASDAQ: GNLN) is up 65% over the past year, well outperforming the ma...

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The market is not as complacent as it looks: Analyst

Investors are paying a high premium to protect themselves from possible downward moves amid recent market highs, says a strategist.
Twelve-month S&P 500 (^ GSPC) positions show that "the cost of hedging for next year is still exceptionally high," Stuart Kaiser, UBS director of equity derivatives ...

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S&P confirms Mexico credit rating, keeps negative outlook

MEXICO CITY (Reuters) - S&P Global Ratings confirmed Mexico's investment grade rating Wednesday, saying the government's cautious response to public debt has kept control of the national debt under control.
In a statement, S & P confirmed the long-term foreign currency of Mexico "BBB" and the lon...

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Dune and Matrix 4 streaming plan prompts urgent talks from AMC cinemas

Odeon owner AMC is in "urgent talks" with Warner Bros. after the filmmaker announced that all releases would be immediately available for streaming in the US.
The move will allow movie fans to watch the upcoming science fiction epic Dune and the Matrix sequel on HBO Max at the same time as their ...

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Daimler (DDAIF) to Outlay 70B Euros for Digital, Electrical Revamp

Daimler AG's DDAIF recently announced the company's new investment plan of more than 70 billion euros ($ 85 billion) from 2021 to 2025. The investment is part of the company's strategic approach to accelerate the ongoing shift towards electrification and digitization in order to achieve the desir...

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UK says EU trade talks at tricky point as hopes of deal dim

LONDON (AP) - The UK's Economy Secretary said Friday that the UK-EU trade talks are at a "difficult" point as UK officials have poured cold water in hopes of an imminent breakthrough - and France said it could against veto any agreement it disliked.
UK Economy Secretary Alok Sharma said Britain w...

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China State Firms Once Deemed ‘Safe’ Now Rocked by Defaults

(Bloomberg) - The rising defaults of Chinese state-owned companies show that bond investors need to be much smarter about these borrowers - not an easy task in a country where government decisions and business processes are not transparent enough.
Five state-affiliated companies - from a miner to...

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Federal Deficits Don't Work Like Credit Cards

(Bloomberg Opinion) - Joe Biden's administration has pledged to provide fiscal stimulus to get the troubled US economy back on its feet and increase government investment to fuel long-term growth. This means that the Republican opposition in Congress is again arguing that austerity measures are t...

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