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US Consumer: YOLO Rules

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🇺🇸 🇺🇸 A group of US consumers has surprised companies and economists by splurging on Taylor Swift concerts, trips to Paris and dining out — even as their savings decline. Call them the YOLO —Youu Only Live Once consumers
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SIA To Use Biofuel

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🇸🇬 🇸🇬 SINGAPORE Airlines (SIA) and its budget arm Scoot are aiming to replace 5 per cent of their total fuel requirements with sustainable aviation fuels by 2030
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OPEC Still Expected To Cut Output

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🛢️ 🛢️ Saudi Arabia and Russia — leaders of the OPEC+ coalition — are still largely expected to extend output curbs of just over 1 million barrels a day through the first quarter to shore up prices, according to a Bloomberg survey of traders and analysts
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Investment Grade Bond Spreads Plunge

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🇺🇸 🇺🇸 US investment-grade corporate bond spreads have breached a level not seen since 2022
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Sunak Mulls More Tax Cuts

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🇬🇧 🇬🇧 Rishi Sunak is planning to decide on further tax cuts and the date of the next UK general election around February, as the prime minister’s aides weigh whether to hold a vote in May or later in 2024
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Chanel: A Sustainable Icon

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🚨 🚨 Chanel heir Gerard Wertheimer became the richest Swiss resident after the post-pandemic boom in luxury goods boosted his wealth to as much as 42 billion Swiss francs ($47.6 billion) last year, according to Bilanz magazine
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Nvidia: Investors Are Missing The Point

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🧠 🧠 Investors are missing Nvidia’s product bundling sales strategy which is enabling the tech giant to optimally capitalize on the market opportunity ahead and impede competitors’ ability to take market share
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mRNA Vaccines Will Soon Treat Cancer

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💉 💉 Several clinical trials have shown promising results in using mRNA vaccines to treat various types of cancer, including pancreatic cancer, colorectal cancer, melanoma, and HPV-related cancers

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India—It’s All About The Middle Class

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🇮🇳 🇨🇳 Forecasts by the OECD predict that between 2030 and 2035, India will overtake China in terms of middle-class population in absolute terms, highlighting the increasing significance of India’s middle class on the global stage
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Novo Overtakes Nestle

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💉 💉 Novo Nordisk has surpassed Nestle as the largest developed-market stock outside of the US, indicating the success of the GLP-1 drug segment
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