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  • Business
    Bloomberg

    Dubai’s Financial Center Expects ‘Busiest Year’ as Firms Rush In

    (Bloomberg) -- Dubai’s financial center is expecting a record number of firms to set up in the Middle East business hub this year after attracting hedge fund heavyweights such as Millennium Management and asset managers like State Street.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal Acc

  • Business
    Bloomberg

    Europe Stocks Gain on Bank Earnings, Fed Optimism: Markets Wrap

    (Bloomberg) -- European stocks advanced on a busy day for company earnings with optimism growing that the Federal Reserve will start cutting interest rates this year.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Repaid From Personal AccountS&P 500 Extends Gains in Final Minutes of Trading: Markets WrapThe S

  • Business
    The Canadian Press

    Nintendo to announce Switch successor in this fiscal year as profits rise

    TOKYO (AP) — Japanese video-game maker Nintendo said Tuesday that it will make an announcement about a successor to its Switch home console sometime before March 2025. In reporting its financial results, Nintendo gave no details about the announcement, including about whether it would launch that successor product during this fiscal year, or just announce its plans for it. “We will make an announcement about the successor to Nintendo Switch within this fiscal year. It will have been over nine ye

  • Business
    Bloomberg

    Russia’s War Economy Starves Crucial Oil Industry of Manpower

    (Bloomberg) -- Russia’s oil and gas industry has been crucial for bankrolling the invasion of Ukraine, giving the Kremlin the funds to keep fighting even as the conflict drags on through its third year. But the industry is facing a shortage of manpower as the full mobilization of Russia’s economy for war exacerbates a longstanding demographic crunch.Most Read from BloombergIsrael Says a Cease-Fire Plan Backed by Hamas Falls ShortJack Dorsey Leaves Bluesky Board, Calls X ‘Freedom Technology’At $2