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ECONOMY

Klarna Raises $1.37 Billion in US IPO, Signal for Fintech Market

Thursday, Sep 11

Klarna raises $1.37 billion in its IPO, marking a significant moment for the fintech industry as it lists its shares on the NYSE.

ECONOMY

Novo Nordisk to Cut 9,000 Jobs to Adapt to Intensifying Competition in Weight-Loss Market

Wednesday, Sep 10

Novo Nordisk announces plans to cut 9,000 jobs amid rising competition and profit warnings in the obesity drug market, focusing resources on growth sectors.

ECONOMY

US Job Growth Severely Revised Downward, Revealing Labor Market Weakness

Wednesday, Sep 10

US job growth was revised down by 911,000 jobs, signaling a weaker labor market than previously reported, raising concerns about economic stability.

ECONOMY

US Strategic Metals Signs $500 Million MoU with Pakistan on Critical Minerals

Tuesday, Sep 09

US Strategic Metals has signed a $500 million agreement with Pakistan to enhance its critical minerals sector.

ECONOMY

Elon Musk’s Ambitious Path to Trillionaire Status with Tesla’s New Compensation Plan

Tuesday, Sep 09

Tesla proposes a pay package for Elon Musk that could make him the world's first trillionaire if ambitious targets are met.

ECONOMY

Indonesia Appoints Purbaya Yudhi Sadewa as New Finance Minister Following Sri Mulyani's Removal Amid Protests

Tuesday, Sep 09

Indonesia names Purbaya Yudhi Sadewa as finance minister after the removal of Sri Mulyani, amid ongoing protests and shifting economic strategies.

ECONOMY

China's Export Growth Slows Significantly Amid Ongoing Trade Tensions

Monday, Sep 08

China's export growth slowed in August, with significant declines in U.S. shipments due to ongoing tariff tensions.

ECONOMY

Biden Initiates Fundraising for Presidential Library in Delaware

Monday, Sep 08

Biden launches a fundraising campaign for his presidential library, facing challenges amidst a shifting political landscape.

ECONOMY

OPEC+ Increases Oil Production Amid Weakening Demand Signals

Monday, Sep 08

OPEC+ announces an increase in oil production by 137,000 barrels per day starting October, reflecting a shift in strategy amid global supply concerns.