Results for: Business

Eddid Financial has announced that its intelligent trading apps, Eddid ONE and Eddid ONE *, have expanded their global coverage to 22 countries and regions. The apps are now available in key markets across six continents, including the United States, the United Kingdom, and Japan.

The apps provide advanced and convenient proprietary intelligent services, including AI assistants, real-time market data, proprietary trading strategies, and research reports. The AI assistants utilize big data and AI technologies to provide personalized intelligent services, such as predicting market trends and target stock prices.

Eddid Financial is committed to providing one-stop financial services and products to customers through high-quality investment solutions. The company is leveraging its leadership in fintech innovation to further enhance its trading apps and deliver a more comprehensive, efficient, and secure financial services experience.

Prices for over-the-counter hayfever treatments vary significantly across retailers, with own-brand versions showing substantial disparities. Supermarkets and chemists offer identical formulas under different packaging and brand names. Comparing product license (PL) numbers ensures consumers are getting the same active ingredients at the lowest cost. Experts emphasize the importance of checking PL numbers and considering bulk purchases for cost savings.

The FTSE 100 has hit a new record high as traders bet on the US Federal Reserve raising interest rates before the end of 2024. The UK’s blue-chip index has risen 0.5% to 8,066.39 in early trading, beating its previous intraday record of 8,047.06 set in February last year. A weaker pound against the dollar is boosting the FTSE 100, as many of its companies report their finances in the US currency.

MCX, Oberoi Realty, Indus Towers, DLF, and Indraprastha Gas witnessed significant gains today, contributing to the overall market rally.

According to property website Zoopla, there has been a significant increase in the availability of homes for sale in various seaside locations across Britain. This surge in supply has resulted in an expanded selection of properties for home-buyers, accompanied by a potential rise in prices. Zoopla reports a 20% increase in the number of properties listed compared to the previous year, with notable growth in areas such as Cornwall, Dorset, and Lincolnshire.

London’s FTSE 100 Index has reached an all-time high, signaling continued investor confidence despite geopolitical uncertainties. Hopes for eased tensions and improving economic conditions have boosted the index, surpassing its previous intraday record set in February 2023. The rise follows a record-breaking closing level on Monday and positive gains in early trading Tuesday, particularly in retail and financial sectors.

The World Bank has halted funding for a tourism project in Tanzania amidst allegations of serious human rights violations affecting local communities. The project, called REGROW, aimed to enhance natural resource management and tourism assets in southern Tanzania. However, rights groups, including the Oakland Institute, have documented incidents of extrajudicial killings, sexual assaults, and cattle seizures carried out by rangers.

Asian stocks mostly rose on Tuesday, tracking a partial recovery in US equities, while oil prices gained. The Nikkei 225 in Japan edged up 0.3%, while the Hang Seng in Hong Kong advanced 1.6%. However, the Shanghai Composite index in mainland China slipped 0.8%. In the US, futures contracts were mixed, with the S&P 500 futures down slightly. Meanwhile, oil prices rose, with US crude benchmark gaining 16 cents and Brent crude rising 18 cents per barrel.

Associated British Foods, the owner of Primark, reported a 37% surge in half-year pre-tax profit to £881 million. The growth was driven by store expansions, price increases, and improved business conditions. While consumers face cost-of-living pressures, demand for retail and food businesses remained strong.

The French economic landscape presents a mixed picture, with the flash Composite PMI inching up while manufacturing activity declined and services activity expanded slightly in April. Overall, the Composite PMI edged higher to 49.90 points, marking its highest level since May 2023. However, the manufacturing sector saw a downturn, with the PMI declining to 44.90 points. In contrast, the services sector experienced a modest uptick, with the PMI rising to 50.50 points.