Author: Investor Empires
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Genesis Global can distribute billions to creditors: judge
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Genesis Global, the digital asset lender that went bankrupt last year, has won court approval to pay billions in cash and cryptocurrencies to creditors. according to BloombergOn May 17, Southern District of New York Judge Shawn Lin confirmed Genesis’ Chapter 11 repayment plan, including the structure for returning crypto assets…
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Implement county industrial hubs to unlock manufacturing potential
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One of the key sectors capable of accelerating economic growth is manufacturing. Hence, any country that aspires to achieve economic progress must place manufacturing at the heart of its strategic development plans. Recognizing this fact, Kenya has been constantly looking to improve the sector that for years has languished below…
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Baidu, Accenture downgraded to Hold By Investing.com
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Investing.com – Here are the biggest artificial intelligence (AI) analyst moves this week. InvestingPro subscribers always get the first feedback from market-moving AI analysts. Upgrade today! RBC raises its price target for Microsoft as AI remains a key driver Analysts at investment bank RBC Capital Markets raised their price target…
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Can Pepe (PEPE) Become the Biggest Meme Coin in 2024? (ChatGPT Answers)
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Turkish lire; Dr PEPE reached a new all-time high on May 15 with a market cap approaching $5 billion, making it the third largest meme coin. It can become the leading asset in its space if it maintains price momentum, gains community support, and receives influential endorsements (according to ChatGPT).…
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Jeremy Hunt Promises Further Tax Cuts and Criticises Labour’s Plans
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Chancellor of the Exchequer Jeremy Hunt has pledged further tax cuts in the autumn, stressing that the UK economy has “turned a corner”. In an attempt to clarify the differences before the next election, Hunt accused Labor of planning to raise taxes while portraying the Conservatives as committed to cutting…
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Weaker loonie may not deter Bank of Canada diverging from the Fed By Reuters
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By Fergal Smith TORONTO (Reuters) – The Bank of Canada would be willing to cut interest rates three times before the Federal Reserve’s first move before a currency decline threatens to jeopardize inflation expectations, the average estimate of seven analysts in an informal poll showed. The weakness of the Canadian…