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3 Major Fears Send Global Markets Plummeting: Recession, Fed's Delay, and AI Concerns

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Global markets are in turmoil as fears of a recession, delayed Federal Reserve actions, and doubts surrounding artificial intelligence stocks lead to significant declines in major indices. Investors are seeking safer havens amidst rising uncertainty.


Fear Grips Global Markets as Recession Worries Mount

Wall Street Faces Tumultuous Day Amid AI Stock Sell-Off

Clam Reports
Refs: | Israel Hayom | CNNEE |

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Business

Carrefour Shuts Down All Jordan Stores Amid Boycott Against Israeli Support

2024-11-04T18:47:41.805Z

Carrefour has closed all its branches in Jordan due to a widespread boycott campaign, with 93% of Jordanians participating in protests against the company's support for the Israeli occupation.

Business

IKEA to Pay €6 Million to Compensate East German Forced Labor Victims

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IKEA has agreed to pay 6 million euros to a fund for victims of forced labor during East Germany's communist regime, acknowledging its historical ties to the practice.

Business

Schaeffler and Auchan Announce Major Job Cuts Amid Economic Pressures

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Schaeffler and Auchan are implementing significant job cuts due to economic challenges, affecting thousands of employees across Europe.

Business

Boeing Workers Ratify Agreement, Ending Costly Strike

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Boeing workers have ratified a new agreement, ending a seven-week strike that cost the company over $10 billion, with a 38% wage increase and improved benefits.

Business

Nvidia Chip Lending Spree: Wall Street's $11 Billion Bet on AI

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Wall Street has entered an $11 billion lending spree for companies in the AI sector, relying heavily on Nvidia chips as collateral, raising concerns about market vulnerabilities.

Business

Auchan Implements Major Job Cuts and Store Closures Amid Financial Struggles

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Auchan has announced significant job cuts and store closures as part of a restructuring plan to address financial losses and adapt to changing retail dynamics.

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