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business inventories rebounded in April, potentially setting up inventory investment to contribute to economic growth this quarter after being a drag since the fourth quarter. WASHINGTON, June 19 (Reuters) – U.S.

Mezin Hadad has been permanently disqualified from holding a motor dealer licence in Queensland and along with his company Best Buy Auto Group Pty Ltd, was fined a total of $127,000. He physically clashed with an A Current Affair news crew

‘Mr Hadad stated that in a span of two years he literally went from a tycoon to a mental health patient and attempted to take his life, his whole life was in ruins, and he had lost his house after the mortgage went into possession,’ the document read.

Canadian retail sales rose 0.7% in May from April. Analysts had forecast May sales, excluding autos, to be up 0.7%. Analysts polled by Reuters had expected retail sales growth of 0.7%.Excluding autos. August crude futures rose 8 cents to $81.37 a barrel on Friday. retail sales rose 1.8% in May, Statistics Canada said.

Hyundai reported a net profit of 4 trillion won ($2.9 billion) for the April-June period, up 23% from a year earlier and easily beating the 3.4 trillion won average of 21 analyst estimates compiled by LSEG SmartEstimate.

“We have reached a stage where foreign institutions have become net long in the market, especially in large caps. It will be difficult to see them adding more at these levels,” said Neeraj Dewan, director at Quantum Securities.

“Although we have become addicted to the cheap imports from Turkey … “As a country, we must reduce as much as possible the dependence on hostile countries and strengthen our productive independence.” it is possible to get by fine without it,” said association president Ron Tomer.

China has pledged greater fiscal stimulus to prop up its fragile economy, as an ambitious growth target of around 5% for this year puts pressure on policymakers to fire up domestic activity in the face of mounting trade tensions with the West.

Chip stocks around the world came under pressure on Wednesday following a report that the U.S. has told its allies it is considering using the most severe trade restrictions available in its chip crackdown on China.

That is a goal Seoul shares: both export-focused nations are keen to broaden their network of commercial allies amid trade concerns, including China’s increasingly assertive attitude and the growing protectionism of the United States.

Israeli-Turkish trade has weathered many bilateral diplomatic storms over the decades and stayed on course, reaching billions of dollars a year, but Israelis fear it may not survive the latest rift over the war in Gaza.

BENGALURU, June 25 (Reuters) – Indian benchmarks settled at record closing highs on Tuesday, posting their best day in more than two weeks, lifted by a surge in heavyweight financial and bank stocks that have lagged sectoral peers so far this year.

“A lot of investors are keen to see whether the recent rotation we’ve been seeing in the markets has legs, or does mega cap technology really kind of shine through in its earnings reports,” Mahajan added.

It said the Dali, which is still laden with stacks of containers, was refloated at high tide and began the 2.5-mile (four-kilometer) journey into port at a speed of roughly one mile per hour (1.6 kilometers per hour).

Inventories rose 1.0% year-on-year in April. Private inventory investment has been a drag on GDP for two straight quarters, slicing off 0.45 percentage point from growth in the January-March quarter, the government reported last month.

“A lot of investors are keen to see whether the recent rotation we’ve been seeing in the markets has legs, or does mega cap technology really kind of shine through in its earnings reports,” Mahajan added.

Europe’s benchmark index ended the week mostly subdued as a barrage of downbeat earnings including luxury heavyweight LVMH , carmaker Stellantis and Nestle earlier in the week offset rebounding tech shares.

Moving the nearly 1,000-foot (300-meter) container vessel is a major step in reopening the key shipping channel. The accident shut down the port, though temporary channels have allowed some traffic in and out of Baltimore.

“We expect sentiment towards German OEMs to stay depressed as this development could cause management teams to talk down FY24/25 numbers toward the lower end of guides,” analysts at the U.S.

Cryptocurrencies paused following a rally in the prior session, along with shares of companies that could benefit from a Trump presidency, after an assassination bid on the Republican candidate boosted expectations that he would win the November election.

Taiwan Semiconductor Manufacturing Co (TSMC) cleared T$1,000 for the first time to be up 70% for the year so far. Japan’s broad Topix index has cleared its 1989 peak to reach a record peak led by banks and autos, while Taiwan’s main index also hit all-time highs fuelled by the current love affair with all things AI.

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