Author: Daniel snow

British Prime Minister Keir Starmer and his wife Victoria Starmer react as they greet Labour campaigners and activists at Number 10 Downing Street, following the results of the election, in London, Britain, July 5, 2024. Toby Melville | ReutersIt’s been one year since Labour returned to power in a landslide victory that appeared to show the party had turned over a new leaf after 14 years in opposition.But the last 12 months have been nothing short of tumultuous for British Prime Minister Keir Starmer.Big promises, especially on the economy, have failed to materialize and as a result, Starmer’s popularity has plummeted in…

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A general view of the SEBI (Securities and Exchange Board of India) building is seen in the business district of Mumbai, India, on July 1, 2025.Nurphoto | Nurphoto | Getty ImagesThe Securities Exchange Board of India (SEBI) has barred Jane Street Group from accessing India’s securities market, according to an order posted on the regulator’s website on Friday.The order stated that the U.S. trading firm’s “entities are restrained from accessing the securities market and are further prohibited from buying, selling or otherwise dealing in securities, directly or indirectly.”The regulator also issued an interim order to impound over 48.4 billion Indian…

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Long-time market bull Tom Lee is considering two new themes for his Fundstrat Granny Shots US Large Cap ETF. On CNBC’s “ETF Edge” this week, he revealed sovereign security could soon make the cut. “It’s now evident to me that the mechanisms are in motion for companies to really fix their supply chains within a sovereign border, and that’s a change,” the firm’s chief investment officer said. “That’s not going to just be one or two years.”He’s also looking at Gen Z. Lee compares the generation to millennials, who he called “the engine” of the market when Fundstrat first began researching themes…

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Microsoft CEO Satya Nadella speaks at the Axel Springer building in Berlin on Oct. 17, 2023. He received the annual Axel Springer Award.Ben Kriemann | Getty ImagesAmong the thousands of Microsoft employees who lost their jobs in the cutbacks announced this week were 830 staffers in the company’s home state of Washington.Nearly a dozen game design workers in the state were part of the layoffs, along with three audio designers, two mechanical engineers, one optical engineer and one lab technician, according to a document Microsoft submitted to Washington employment officials.There were also five individual contributors and one manager at the…

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The Grok logo is being displayed on a smartphone with Xai visible in the background in this photo illustration on April 1, 2024. Jonathan Raa | Nurphoto | Getty ImagesElon Musk’s xAI attained an official permit to power its supercomputer facility in Memphis, Tennessee, using natural gas-burning turbines, according to public records shared by the company on Wednesday.The Shelby County Health Department issued the permits on July 2, despite months of protests and public hearings where local residents decried the turbines’ impact on local air quality. Musk’s artificial intelligence startup, which now owns his social media site X, will face formal emissions…

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