
Articles
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1 week ago |
aol.co.uk | Pedro Goncalves
Shares in SoftBank (9984.T) rose in pre-market trading following reports that founder Masayoshi Son is considering launching a $1tn (£741bn) industrial hub in Arizona focused on robotics and artificial intelligence. The ambitious project, dubbed “Project Crystal Land,” would mark one of the largest industrial undertakings in US history, aiming to transform Arizona into a cutting-edge tech manufacturing centre similar to China’s Shenzhen, according to Bloomberg.
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1 week ago |
aol.co.uk | Pedro Goncalves
The Treasury borrowed more than expected in May, prompting fresh warnings from economists that autumn tax rises are “increasingly likely”. Figures from the Office for National Statistics (ONS) showed that public sector net borrowing reached £17.7bn last month — £600m higher than the £17.1bn forecast by the Office for Budget Responsibility (OBR), and £700m above the same month in 2024.
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1 week ago |
aol.co.uk | Pedro Goncalves
Most lenders opted to maintain their mortgage deals as the Bank of England (BoE) decided to hold interest rates on Thursday, but experts expect more sub-4% offers in the coming weeks. The average rate for a two-year fixed mortgage stands at 4.89%, while five-year fixed deals average 5.19%, according to data from Uswitch. The Bank of England has kept interest rates at 4.25% amid inflation fears, delivering a blow to homeowners who were expecting a relief in their mortgage.
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2 weeks ago |
aol.co.uk | Pedro Goncalves
Shares in Boeing (BA) came under pressure in pre-market trading on Friday, falling 1.4%, extending losses after a nearly 5% drop in the previous session, as investors reacted to the fatal crash of an Air India flight. The incident involved a Boeing 787-8 Dreamliner that had been in service since 2014. The aircraft, carrying 242 passengers and crew, crashed shortly after takeoff from Ahmedabad, India, en route to London Gatwick.
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4 weeks ago |
sg.finance.yahoo.com | Pedro Goncalves
Pedro Goncalves · Finance Reporter, Yahoo Finance UK Updated Fri, 30 May 2025 at 3:43 am GMT-7 6 min read In this article: Costco (COST) shares were just below the flatline in pre-market trading on Friday, despite the US warehouse retailer posting quarterly results that beat Wall Street expectations. The company's results were buoyed by stronger e-commerce sales and higher membership revenue.
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