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Oil prices regain ground as investors eye U.S. election fallout
Oil prices edged up on Thursday following a sell-off triggered by the U.S.
presidential election, as risks to oil supply from a Trump presidency and a
hurricane building in the Gulf Coast outweighed a stronger U.S. dollar and
higher inventories.
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Asian stocks buoyed by rate cut hopes; China lags as PBOC offers no surprises
Most Asian stocks rose on Tuesday, tracking an overnight rally on Wall Street as
markets cheered the prospect of lower U.S. interest rates before a key address
from Federal Reserve Chair Jerome Powell later this week.
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Walt Disney appoints 'Moana' writer Jared Bush as creative head of animation studios
Walt Disney (NYSE:DIS) Animation Studios, in a significant leadership shift, on
Thursday named Academy Award-winning filmmaker Jared Bush as its new chief
creative officer, effective immediately.
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Nike veteran Hill to replace Donahoe as CEO; shares jump
Nike said on Thursday that former senior executive Elliott Hill will rejoin the
company to succeed John Donahoe as president and CEO, as the sportswear giant
shakes up its leadership amid efforts to revive sales and battle rising
competition.
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Meta platforms' chief legal officer sells shares worth over $486k
Meta Platforms, Inc.'s (NASDAQ:META) Chief Legal Officer, Jennifer Newstead, has
sold a total of 905 shares of the company's Class A common stock at a price of
$537.72, amounting to over $486,636. The transaction took place on September 17,
2024, and was reported in a recent filing.
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Oil prices set to end week higher after US rate cut
Oil prices, which were little changed in early Asian trade on Friday, were on
track to end higher for a second straight week following a large cut in U.S.
interest rates and declining global stockpiles.
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Michael Saylor Makes 'Bitcoin Burger' Statement as BTC Rockets Over $63,000
Bitcoin, the largest cryptocurrency by market capitalization, extended its rise
since the week's start, surpassing the $63,000 mark. Bitcoin reached highs of
$63,526 in Thursday's session and is set to mark its third consecutive day of
gains since September.
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