Wealth Growth Daily

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Meyer Burger halts solar plant in Colorado, plans restructuring

BY Reuters  • August 26, 2024August 26, 2024
ZURICH (Reuters) -Swiss solar panel maker Meyer Burger said on Monday it was suspending plans for a plant in Colorado as it announced restructuring measures and suggested profitability would be lower[...]
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Factbox-Who is Pavel Durov, CEO of messaging app Telegram?

BY Reuters  • August 26, 2024August 26, 2024
(Reuters) -Pavel Durov, billionaire founder and CEO of the Telegram messaging app, was arrested at the Bourget airport outside Paris on Saturday evening, TF1 TV and BFM TV said, citing unidentified so[...]
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Woolworths and Coles FY24 earnings to show challenging outlook for supermarkets

BY Reuters  • August 26, 2024August 26, 2024
By John Biju and Sneha Kumar (Reuters) – Earnings of Australia’s top supermarket chains are likely to show constricted spending presenting a challenging outlook for Woolworths and Coles, a[...]
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After battle with yuan bears, China is now keen to avoid sharp currency gains

BY Reuters  • August 25, 2024August 25, 2024
SHANGHAI (Reuters) -Having spent all year trying to put a floor under the tumbling yuan, China’s central bank is suddenly faced with the opposite problem and is turning to subtle ways to stop th[...]
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Fed’s dovish shift a mixed blessing for BOJ rate hike plan

BY Reuters  • August 25, 2024August 25, 2024
By Leika Kihara JACKSON HOLE, Wyoming (Reuters) -The U.S. Federal Reserve’s dovish shift will likely give the Bank of Japan some respite in its battle to tame a weak yen, but could complicate it[...]
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Telegram founder Durov arrested in France, sources says

BY Reuters  • August 25, 2024August 25, 2024
By Ingrid Melander and Guy Faulconbridge PARIS/MOSCOW (Reuters) -Pavel Durov, the Russian-born billionaire founder and owner of the Telegram messaging app, was arrested at Le Bourget airport outside P[...]
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Bank of China President Liu Jin resigns

BY Reuters  • August 25, 2024August 25, 2024
BEIJING (Reuters) -Bank of China Vice Chairman and President Liu Jin resigned for personal reasons effective on Sunday, the bank said. The state-owned lender said its board had approved Chairman Ge Ha[...]
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Canada labor board orders end to railway work stoppage

BY Reuters  • August 25, 2024August 25, 2024
By Allison Lampert MONTREAL (Reuters) -The Canada Industrial Relations Board ordered on Saturday a halt to work stoppages at the country’s largest railways, signaling an end to an unprecedented[...]
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Boeing’s Starliner to return uncrewed as NASA taps SpaceX for astronauts’ return

BY Reuters  • August 24, 2024August 24, 2024
(Reuters) – NASA will return Boeing’s faulty Starliner capsule to Earth without astronauts Butch Wilmore and Suni Williams, who will return to Earth on a SpaceX vehicle early next year, NA[...]
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