Meet the ‘wandering meatloaf’ mollusk. It’s teeth are made from a rare iron, researchers say

Researchers at Northwestern University announced the finding of a rare iron mineral in the teeth of a chiton nicknamed the "wandering meatloaf." (Photo: Jerry Kirkhart) A ‘’wandering meatloaf” mollusk may be in the same family as clams and snails, but watch out for the teeth as new research reveals they contain rare iron. Researchers from Northwestern University discovered the phosphate mineral santabarbaraite […]

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Euro zone factory growth, input costs hit record highs in May

IHS Markit's final Manufacturing Purchasing Managers' Index (PMI) rose to 63.1 in May from April's 62.9, above an initial 62.8 "flash" estimate and the highest reading since the survey began in June 1997. An index measuring output, which feeds into a composite PMI due on Thursday and is seen as a good guide to economic health, eased from April's 63.2 […]

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Inside Morgan Stanley's big growth plans for financial advisors

Good morning and welcome to Insider Finance. I’m Dan DeFrancesco, and here’s what’s on the agenda today: An inside look at how Morgan Stanley is growing its teams of financial advisors. The top people moves across the Street. Deutsche Bank is reportedly bank in regulators’ crosshairs due to its anti-money-laundering controls.  If you’re not yet a subscriber, you can sign […]

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Big tech and tax: Google NZ defends ‘new model’

Google NZ’s 2020 financials have taken the same track as its “new normal” introduced last year. With its 2019 result the tech giant fulfilled a 2018 pledge to book New Zealand revenue in NZ, where previously it had invoiced local business to subsidiaries in lower-tax Ireland or Singapore. But at the same time, in-house service fee payments from Google to […]

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Singapore bonds turn best performer as Covid-19 curbs drive haven demand

SINGAPORE (BLOOMBERG) – Singapore government bonds beat their biggest developed-market peers in May as a flare-up in coronavirus infections in the city state fostered demand for haven assets. The securities gained 1 per cent last month, a performance that trails only that of South African and Mexican notes among 30 of the world’s largest debt markets, according to data compiled […]

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