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Asian stocks fell on Monday, with French shares also falling, after Sunday’s election gave no party a majority in the National Assembly and a left-wing coalition the most seats.by By Jeong Ji-mo The Associated PressJuly 8, 2024 12:26 AM EST• 4 min readHONG KONG — Asian stocks fell on Monday, including French shares, after Sunday’s election gave no party a majority in the National Assembly and a left-wing coalition won the most seats.The CAC-40 index of large companies was down 0.4% at 7,643.03 in early trading on Monday.Analysts say the market’s biggest fear was that either the left-wing National Front…

(Bloomberg) — French markets erased initial losses as investors bet the country’s failure to win a majority in elections will force the next government to make compromises and back off its most extreme policies.Most read articles on BloombergThe CAC 40 index (^FCHI) rose 0.2% after dropping 0.6% at the open. French government bonds were little changed, with 10-year bond yields at 3.2%, and the euro was stable.”This is a double-edged sword for markets,” wrote RBC analysts including Peter Schafflick. “The left-wing coalition is not seen as business-friendly and confidence in prudent budget management should decline. But the lack of a…

You’re reading this now from Entrepreneur Middle East, an international franchise of Entrepreneur Media. paradigm teeth, Entrepreneur TV Middle East Explore the paradigms of success in the dynamic world of business and entrepreneurship. Each episode uncovers the successes and challenges of industry pioneers, delving into their unique perspectives, strategies and philosophies that redefine traditional notions of success.In the third episode paradigmNext up, we speak with Hananeh Benkalrouk, founding executive director of UAE-based boutique consulting firm Sustain Leadership. With a background in both business consulting and entrepreneurship, Benkalrouk is known in the UAE’s business community for her talent for unlocking the…

(Alliance News) – German business representatives are urging the new British government to invest heavily in the country, saying the country is “investment-delayed”.Bernd Attenstadt, head of the British German industry lobby, told dpa he hopes Prime Minister Keir Starmer’s new Labour government will expand infrastructure, improve education and cut red tape.The centre-left Labour Party won Britain’s general election on Thursday, replacing the Conservative Party which had been in power for 14 years.Attenstadt pointed to a serious shortage of skilled workers, especially in the engineering sector, and stressed the need for better schooling and long-term dual-vocational training.He called for a modern,…

Article informationauthor, Faisal Islam & Charlotte Edwardsrole, BBC News8 July 2024 02:03 BSTUpdated 5 minutes agoFinance Minister Rachel Reeves is expected to announce the reinstatement of mandatory housebuilding targets in her first speech as Treasury Minister.Mr Reeves will later present business leaders at the Treasury with proposed reforms to overhaul England’s planning system as part of wider plans to boost economic growth.He is also expected to say that political turmoil in France and the United States has made the UK once again one of the most stable places for international investment and that “the era of chaos and irresponsibility is…

Simon Wong, Singapore’s High Commissioner to India, made a special post to mark World Biryani Day. He shared pictures showing the making of this delicious dish. Along with his post on X, he asked people which state in India serves the best biryani. This photo shows Singapore’s Ambassador to India Simon Wong preparing biryani. (X/@SGinIndia) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “Namaste India! Happy World Biryani Day! My first attempt at making biryani. Tell me which state has the best biryani and I’ll go for it. Stay tuned. HC Wong,” he wrote. Your wishes helped India win. Take a look back at…

Free GuideFreeGuides’ AI-powered platform combines traditional travel guides with a QR code-based solution to connect guests with local experiences and hotel information.Founded in 2021, FreeGuides builds on existing relationships with hotel groups such as Accor, EVT and IHG. What would your 30-second pitch to investors be about? FreeGuides is transforming the way people travel by empowering hotels to guide their guests from the lobby to the city. Our white-labeled, artificial intelligence-driven platform consolidates traditional travel guides into a single, QR code-driven solution, providing guests with a comprehensive local experience and key hotel information. This seamless integration not only enhances the…

Stock Market Today: Adani Wilmar shares saw strong buying on Monday despite a weak Indian equity market on Monday. Adani Wilmar shares opened at a gap up today. ₹It was trading at 344.95 on the NSE, hitting an intraday high. ₹Within minutes of the stock market opening, the stock price rose by $347 per share. Adani Group released its financial results for the first quarter of fiscal year 2025 last Friday. The company reported a 13 percent increase year-on-year in its financial results report for the first quarter of fiscal year 2025. The company said that the surge could be…

HONG KONG (AP) — Asian stocks fell Monday and the euro slid after the shock results of the French election, but U.S. stocks rose to a record high on Friday, boosted by a highly anticipated job market report.US futures and oil prices fall.The euro rose above $1.08 but gains were capped by the surprise outcome of the French parliamentary elections.The left-wing New Popular Front won the most seats in the 2024 French parliamentary elections, thwarting gains by the far right but falling short of a majority, leaving France facing the surprising possibility of a hung parliament and concerns about political…

Doosan Enability plans to analyze the applicability of AI services based on data from RIST and POSCO Steel’s sintering facility by the end of December. Building on its digital business capabilities, Doosan Energy is partnering with POSCO in the power generation sector in Korea and overseas. Doosan Energy announced on July 8 that it has signed a contract with the Research Institute of Industrial Science and Technology (RIST), a steel and environmental energy technology research institute, to provide data analysis services for the application of artificial intelligence (AI) to the sintering process. RIST is a…