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Wall Street closes a week of sharp falls; Dow Jones is saved from the bear market

The Economist – Mexico City Wall Street’s main indices finished Friday’s trading with sharp declines, due to a wave of risk aversion. Weak economic figures hit market confidence, already affected by the Federal Reserve’s rate hike. The Dow Jones index, made up of the shares of 30 industrial giants, fell 1.62% to 29,590.41 units, narrowly …

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Apple Music becomes the sponsor of the Super Bowl after the departure of the Pepsi brand

The emblematic Super Bowl halftime show will have a new player from the music industry as a sponsor; It is about Apple Music, the key actor that enters after the departure of Pepsi, the alliance of more than a decade that ended in May of last year. The NFL (National Football League) released this news …

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Goldman Sachs cuts its benchmark S&P 500 index target by 16% for 2022

Financial Newspaper – Santiago Analysts at the investment bank indicated that the central bank’s expected rate path is now higher than its previous estimate. Goldman Sachs cut its target for the benchmark S&P 500 index by the end of 2022 by around 16%, to 3,600 points.as the US Federal Reserve is showing little sign of …

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New Zealand inflation data gap leaves RBNZ alone among its peers

New Zealand is set to become the only OECD nation not to publish a monthly inflation report and has no plans to do so, even though the central bank wants more timely data as it battles the fastest price rises in a generation. Statistics Australia announced last month that it will start publishing a monthly …

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Dimon defends the need for investments in fossil fuels before Congress

JP Morgan Chase & Co. CEO Jamie Dimon said the US needs to invest in the fossil fuel industry to reduce long-term greenhouse gas emissions and protect the environment. economic growth. “We’re not doing it right,” Dimon said when asked about his position on the nation’s energy strategy during his testimony before Congress on Wednesday. …

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The rising costs of running a business in Singapore exceed those in Hong Kong

Singapore looks like an attractive place for companies looking to get out of Hong Kong, but moving to the city-state may give them more than they bargained for. With inflation skyrocketing to the highest level in 14 years, expenses including hiring talent, office space and utilities are rising at a faster rate in Singapore than …

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