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[ad_1] The Oura Ring 4Courtesy: OuraLISBON — Samsung’s foray into smart rings isn’t concerning the boss of the product category’s pioneer, Oura — in fact, Tom Hale says he’s seeing a boost in business.”I’m sure that a major tech company making an announcement saying: ‘Hey, this is a category that matters. It’s going to be something that’s big.’ I think it’s probably helpful,” Hale told CNBC in an interview this week.”In terms of the impact on our business, it has made zero impact. If anything, our business has gotten stronger since their announcement.”In a wide-ranging interview with CNBC at the Web Summit…

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[ad_1] Image source: Getty Images The 3i (LSE:III) share price is up 4% after the company’s half-year report on Thursday (14 November). And there’s a lot for investors to pay attention to. Keeping up with the FTSE 100 private equity firm involves looking at a number of different metrics. And I thought these were generally positive in the latest update. The headline return As a private equity firm, the most important news for 3i is the performance of its investments. And the latest update reported a total return of 10% for the first half of the year. That’s not bad…

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[ad_1] By Victor Borges, Anthony Boadle and Andre Romani BRASILIA (Reuters) -A man killed himself with a bomb outside Brazil’s Supreme Court after trying to enter the building on Wednesday, officials said, stirring security concerns before the country hosts global leaders from the Group of 20 major economies. The blasts come five days before the G20 heads of state meet in Rio de Janeiro, followed by a state visit to the capital Brasilia by Chinese President Xi Jinping. The first of two explosions went off on Wednesday evening in a parking lot near the court building and a second blast…

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[ad_1] Tensions in the Middle East remain high, with the escalating conflict between Iran and Israel raising alarms about the possibility of a broader regional crisis. Should the situation deteriorate, the potential impact on global crude oil prices could be significant given Iran’s position as a major oil producer.Although crude oil prices have stabilised for now, any sudden surge could disrupt central banks’ plans for rate cuts. Higher inflation driven by increased oil prices may challenge economic recovery efforts and strain emerging markets like India, which depends on imports for 80% of its oil requirements. Such a rise in crude…

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[ad_1] By Tom Westbrook SINGAPORE (Reuters) – The value of the global cryptocurrency market has topped $3 trillion as the election of Donald Trump as U.S. president spurred bets that friendlier U.S. regulation could usher in a new boom for all corners of the asset class. The sum market value of cryptocurrencies touched a high of nearly $3.2 trillion early on Nov. 14 in Asia, according to analytics and data aggregator CoinGecko. That puts it above the heady days of 2021, when pandemic-era stimulus pumped up speculative investments, and marks a stunning revival from just a few months ago when…

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[ad_1] By Trixie Yap (Reuters) -Oil prices slipped in early trade on Thursday, reversing most of the previous session’s gains on a stronger dollar and worries of higher global output amid slow demand growth forecasts. futures fell 45 cents, or 0.6%, to $71.83 a barrel by 0726 GMT. U.S. West Texas Intermediate crude (WTI) futures declined 48 cents, or 0.7%, to $67.95. “The primary driver of oil prices, both in the near term and looking ahead, will be the direction of the U.S. dollar,” said Phillip Nova’s investment analyst Danish Lim, adding that supply and demand dynamics had put pressure…

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[ad_1] Taiwan Semiconductor Manufacturing Co.’s tens of billions of dollars of investments in the US help reduce the archipelago’s trade surplus with its primary security partner, a senior Taiwanese official said, as export-reliant economies brace for US President-elect Donald Trump, who is threatening additional tariffs on imports. Taiwan can further cut its surplus in bilateral trade with the US by buying more energy, agricultural produce and weapons from America, central bank Governor Yang Chin-long told lawmakers on Thursday. He was responding to concerns that the incoming Trump administration could seek to penalize Taipei for its roughly $50 billion trade surplus.…

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[ad_1] By Timothy Gardner and Vivian Sequera WASHINGTON/CARACAS (Reuters) – President-elect Donald Trump’s pick of U.S. Senator Marco Rubio for secretary of state could signal stricter enforcement of oil sanctions on Iran and Venezuela, but concerns about retaliation by China could temper any efforts, analysts said on Wednesday. Rubio, a longtime member of the Senate Foreign Relations Committee, has long pushed for a tougher U.S. policy on Iran and China. Rubio, whose parents immigrated from Cuba to the U.S., is also a critic of Venezuela’s socialist President Nicolas Maduro, whose two re-elections have been disputed by Washington, leading to oil…

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[ad_1] TAIPEI (Reuters) – Taiwan’s Foxconn (SS:), the world’s largest contract electronics maker, reported on Thursday a better-than-expected 14% rise in quarterly profit underpinned by robust demand for artificial intelligence servers. Last month, the company said third-quarter revenue jumped 20% from a year earlier, beating expectations to post its highest-ever revenue for that quarter on strong sales of AI servers. Net profit for July-September for Apple (NASDAQ:)’s top iPhone assembler came in at T$49.3 billion ($1.5 billion), according to Reuters calculations. That marked a fifth consecutive quarter of profit growth and compared with a T$46.3 billion LSEG consensus estimate of…

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