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Both Microsoft and Oracle, analysts say, see the massive well being care market as a path to strengthening their positions in the cloud business, during which clients tap into distant data centers and sometimes pay on a pay-for-use basis. Oracle mentioned on Monday that it had agreed to pay $28.three billion for Cerner, a large electronic well being records vendor. The deal is the largest-ever acquisition by Oracle, a database giant, and an indication that some major technology corporations see health care as a growth alternative.

  • Gold touched an all-time high of $2,141.seventy nine per ounce, fueled by fund shopping for and hypothesis surrounding a possible Federal Reserve pivot.
  • We now can add another – observations of a galaxy that was already “dead” when the universe was solely 5 per cent of its current age.
  • Sasol’s performance for the primary six months of 2024 continued to be negatively impacted by the continued volatile macroeconomic environment.

India, the world’s third-biggest oil importer and consumer, is forecast by the International Energy Agency to be the world’s largest oil demand growth driver by way of 2030. S&P Index information is the property of Chicago Mercantile Exchange Inc. and its licensors. China’s 2024 GDP development goal of around 5 percent is an achievable goal through Business News enhanced efforts, head of the nation’s high economic planner stated on Wednesday. Lufthansa reported income and earnings beneath forecasts for the fourth quarter and estimated flat earnings development in 2024 regardless of anticipating a continued improve in air-travel demand.