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Author: admin (Kendrick Williams)
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SPOTLIGHT: BIGS GETTING BIGGER
Brown & Brown, an insurance company with more than 450 locations around the world, will pay $9.83 billion in cash and stock for Accession Risk Management Group.
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SPECIAL REPORT: TRUMP’S TARIFFS, THE UPS AND DOWNS, FOR BETTER AND FOR WORSE
On 12 June, the U.S. dollar fell to its lowest value since March 2022. The buck lost ground after Donald Trump told reporters he will send letters shortly to trading partners assigning them tariff rates when the 90-day pause on the new “Liberation Day” rates runs out in early July.
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SPECIAL REPORT: ARTIFICIAL INTELLIGENCE EATS THE AD INDUSTRY
As Amazon, Meta, and other tech giants automate advertising using artificial intelligence (AI) tools, advertising agencies wonder if they have a future.
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SPOTLIGHT: DRESSING DOWN AND DRESSING OUT
Inditex, owner of fast-fashion brands Zara, Massimo Dutti, and Bershka, reported sales growth in the most recent quarter of 4.2 percent, compared to 10.5 percent in the period ending 31 January.
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WORLD BANK WILL RESUME FUNDING NUCLEAR ENERGY PROJECTS
The World Bank will “re-enter the nuclear space” and “support efforts to extend the life of reactors in countries that already have them and help support grid upgrades and related infrastructure,” bank president Ajay Banga e-mailed staff on 13 June.
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