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The Bank of Canada today reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is continuing its policy of balance sheet normalization. The global economy is expected to continue expanding at an annual rate of about 3% through 2026. While inflation is still above central bank targets in most advanced economies, it is forecast to ease gradually. In the United States, the anticipated economic slowdown is materializing, with consumption growth moderating. US inflation looks to have resumed its downward path. In the euro area, growth is…
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10 factors that are likely to impact movement when markets reopen this week:SynopsisLook at the advertisement by a real estate company, selling plots in and around Ayodhya, probably you would be surprised. This is what tourism can do to the ecosystem of the city. Tourism is and will remain one of the focus areas of the government, so a continued policy push. The air connectivity which has increased multifold in the last few years is an indication of that. Now how does one take advantage of spending which is being done on the whole tourism sector. Hotel stocks are a…
By James Sillars, business reporterBang! And the dirt is gone.The company behind Durex and Nurofen has announced a big strategy shake-up that will include the sale of a portfolio of home care brands, including Cillit Bang and Calgon cleaning products.Owner Reckitt Benckiser said it was part of a wider move to drive shareholder value that would be expected to result in some job losses.It added that it was too early to put a figure on the numbers affected but signalled they would not be significant.Shares rose more than 4% on the news, despite the company lowering its full-year sales growth…
HONG KONG SAR – Media OutReach Newswire – 24 July 2024 – Local digital marketing company First Page has officially released a self-conducted investigation report today/recently, The report analyses the main reasons for the drop in keyword weight for various enterprises on Google search results pages since 2024 and provides professional solutions and suggestions. Ranking Drop Reasons InfographicGovernment Encourages SME Digital Transformation to Promote SEO Techniques In recent years, the Hong Kong government has actively introduced various policies to promote the digital transformation of small and medium-sized enterprises (SMEs), launching the “Digital Transformation Support Pilot Programme” to encourage businesses to…
Fiverr has announced a significant update to its platform, marking a notable transition from a services marketplace to a comprehensive hiring platform. This change is aimed at addressing the burgeoning demand for skilled talent and new work methodologies in the contemporary job market. The advent of remote work and the growing prominence of the gig economy have driven businesses to seek skilled freelancers for both short-term and long-term engagements. Fiverr’s new features are designed to streamline the process for companies to find and recruit the appropriate talent efficiently. Key aspects of this update involve profession-based talent discovery, hourly rates for…
