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Chicago Business Barometer Indicates Substantial Downturn In December
Chicago-area business activity saw a substantial downturn in the month of December, according to a report released by MNI Indicators on Friday. MNI Indicators said its Chicago business barometer tumbled to 46.9 in December from 55.8 in November, with a reading below 50 indicating contraction. Economists had expected the index to drop to 51.0.
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STRATA Skin Sciences Expands Direct Distribution Agreement With Kosmo Meditech
Medical technology company STRATA Skin Sciences, Inc. (SSKN) announced Friday the expansion of a direct distribution agreement with its Korean distributor Kosmo Meditech, which is now assigned to Kosmo's corporate parent, Cutech, Inc., effective as of January 1, 2024, for a combination of direct capital sales and direct recurring revenue sales in Korea.
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Swiss Franc Rallies Against Majors
The Swiss franc moved up against its major counterparts on Friday ahead of the New Year's weekend.
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Hut 8 Says Reorganization Plan In Celsius Network LLC Bankruptcy Proceedings Approved By Court
Digital asset miner Hut 8 Corp. (HUT, HUT.TO) announced Friday that the reorganization plan sponsored by it filed in the Celsius Network LLC bankruptcy proceedings was approved by the U.S. Bankruptcy Court for the Southern District of New York.
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Newmark Arranges Sale Of 1.1-Mln Sq. Ft. 62-story Aon Center In Downtown Los Angeles For $153.5 Mln
Newmark Group, Inc. (NMRK), a commercial real estate adviser and service provider, announced Friday it has arranged the sale of Aon Center, a 62-story trophy Class A office tower located in the heart of the Financial District in Downtown Los Angeles.
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Nationwide Expects UK House Prices To Log Small Fall Or Stagnate Next Year
UK house prices are likely to report another small decrease or remain broadly flat next year amid sluggish economic activity, the mortgage lender Nationwide Building Society said on Friday. House prices declined 1.8 percent in December from a year ago after falling 2.0 percent in November. Prices were almost 4.5 percent below the all-time high recorded in late summer 2022.
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Sensex, Nifty End Modestly Lower In Year-end Trade
Indian shares fell slightly on Friday but ended the year with significant gains on hopes that global central banks led by the U.S. Federal Reserve will cut interest rates next year in view of slowing inflation.
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more news
European Shares Modestly Higher In Light Trade
European stocks edged higher on Friday and were set to post their best annual gain since 2021 on hopes that global central banks led by the Federal Reserve could cut interest rates next year.
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Asian Shares Mixed As Year Draws To A Close
Asian stocks ended mixed in muted trade on Friday, the last trading session of 2023. The dollar looked set to end 2023 with a loss, keeping gold prices on track for their best year in three.
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European Shares Seen Flat To Higher At Open
European stocks look set to open flat to slightly higher on Friday ahead of the New Year's weekend.
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NZ Dollar Rises Against Majors
The New Zealand dollar strengthened against other major currencies in the Asian session on Friday.
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Sensex, Nifty Subdued In Early Trade
Indian shares opened on a tepid note Friday, tracking mixed cues from global markets.
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Asian Markets Trading Mixed
Asian stock markets are mixed in the final session of the year on Friday, following the lackluster cues from Wall Street overnight, amid optimism about the likelihood of near-term interest rate cuts by the US Fed, but traders are cautious and remain reluctant to make significant moves going into the end of the year and ahead of the New Year's long weekend.
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