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Kinross Gold (KGC) shares are losing ground as gold prices falter following three consecutive sessions of gains due to a stronger US dollar. The spot gold price has declined by 0.6% to $1,211.26 an ounce, while gold futures for February delivery are down 0.6% to $1,
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The 2022 holiday shopping season saw a record-breaking 108 million items sold on Amazon.com between November 1st and Christmas Day, indicating a significant surge in online shopping. As online retailers continue to capture a larger share of the market, understanding the factors that contribute to a smooth online shopping
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Leadership has undergone significant changes in recent years, and nowhere is this more apparent than in the business world. At the recent Leaders in London Summit, Larry Bossidy, former CEO and chairman of Honeywell and former vice chairman of General Electric, shared his insights on what makes a good leader.
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Investors were feeling jubilant as shares of Joy Global and Gmarket surged on the stock market. Joy Global, a supplier of mining equipment, posted a fourth-quarter profit that exceeded Wall Street's estimates, causing a significant increase in its stock price. Meanwhile, Gmarket, South Korea's answer to
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The airline industry has long been calling out for consolidation, but various barriers have hindered progress. Recently, Ryanair withdrew its bid for Aer Lingus, but remains committed to buying a fellow Irish rival. This development is part of a series of potential takeover deals in the industry. Qantas in Australia
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Japan's economy has been expanding since 2002, but recent data suggests this growth may be slowing. Our guest, Guy van der Walt, director at Helvetia Wealth, believes there is still value in Japanese equities, particularly in small caps. Van der Walt expects the economy to continue growing through
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Reports have surfaced that Shell has agreed to give control of the $22 billion Sakhalin 2 project to the Russian gas monopoly Gazprom, sparking concerns about the implications for companies considering investment in Russia. Matthias Westman, director of Prosperity Capital Management, discussed the potential impact on investors and the Russian
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Intel, along with major corporations, is launching a healthcare initiative to modernize the medical system and bring information technology into healthcare. The initiative, which aims to make electronic health records available to millions of employees, has sparked discussion on its potential impact on the US healthcare system. Intel Chairman Craig
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The Select Sector SDPR exchange-traded funds will launch a full-scale advertising campaign this week, marking the first time the ETF line has advertised directly to consumers rather than financial intermediaries. The campaign aims to reach a wider audience and capitalize on the growing asset base of the ETFs, which has
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In the final episode of CNBC's "Biggest Losers" series, Mark Haines and Erin Burnett explore the story behind XM Satellite Radio's 50% plunge in value this year, but some analysts believe the company's rebound, up over 30% in a month, is a
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In a recent global survey conducted by Create and KPMG International, 40% of fund managers expressed concerns that there has not been an improved relationship between regulators since the Enron scandal. CNBC's Bianna Golodryga, joined by Amin Rajan, CEO of Create, discussed the findings and implications of the
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The highly anticipated PlayStation 3 (PS3) game console's launch in the U.S. on Friday has been met with concerns over software compatibility problems and increasing competition. Analysts are questioning whether Sony's (SNW) latest console will be able to stand the test of time, especially with
