Author: Investor Empires
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Cathay Pacific Airbus defect risked ‘extensive damage’: HK probe
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A faulty engine on an Airbus A350 that led to the cancellation of dozens of Cathay Pacific flights in early September may have led to “serious damage,” according to the results of a Hong Kong investigation published on Thursday. Hong Kong-based Cathay Airlines has briefly grounded its fleet of Airbus…
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Dollar claws back losses after Fed goes big on rate cut By Reuters
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Written by Ray Wee SINGAPORE (Reuters) – The U.S. dollar rose broadly on Thursday, reversing a brief slump following an overly aggressive interest rate cut by the Federal Reserve that was widely priced in by markets. The U.S. central bank on Wednesday began its monetary easing cycle with a larger-than-usual…
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Tron Has A More Sustainable Business Model Than Solana, Here’s Why
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According to one analyst, Tron, a popular smart contract platform and a strong competitor to Ethereum, could be one of the most important layers 1. Based on his assessment, the platform now acts as a transaction layer, similar to Bitcoin. Tron Leads Peer-to-Peer Stablecoin Transfers While the network was initially…
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Tron Has A More Sustainable Business Model Than Solana, Here’s Why
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According to one analyst, Tron, a popular smart contract platform and a strong competitor to Ethereum, could be one of the most important layers 1. Based on his assessment, the platform now acts as a transaction layer, similar to Bitcoin. Tron Leads Peer-to-Peer Stablecoin Transfers While the network was initially…
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KQ targets up to Sh1bn savings as carrier switches to digitised passenger services
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The national carrier, Kenya Airways, is looking to achieve savings of up to Ksh1 billion by switching to digital passenger management systems. Kenya Airways Chief Information and Data Officer Frederick Gitonga revealed that the airline saved Sh300 million in 2023, by deploying technology solutions in key areas such as travel…
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Chart Art: Potential Trend Support Areas For Gold (XAU/USD)
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Spot gold retreats from record highs of $2,600 after US Federal Reserve cuts interest rates! Are we looking for an opportunity to join the long-term uptrend in XAU/USD? Let’s take a closer look at the 4-hour time frame: Gold (XAU/USD) Forex 4 Hours Chart by TradingView In case you missed…
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Louisiana State Government Now Accepts Bitcoin Lightning As Payment
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Louisiana State Treasurer, John Fleming, M.D., has Advertise The state government has now announced that it will accept Bitcoin, Bitcoin Lightning, and US dollars as a valid form of payment for government services. The first cryptocurrency payment was made today to the Louisiana Department of Wildlife and Fisheries. Dr. Fleming…
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Louisiana State Government Now Accepts Bitcoin Lightning As Payment
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Louisiana State Treasurer, John Fleming, M.D., has Advertise The state government has now announced that it will accept Bitcoin, Bitcoin Lightning, and US dollars as a valid form of payment for government services. The first cryptocurrency payment was made today to the Louisiana Department of Wildlife and Fisheries. Dr. Fleming…
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It’s a huge day coming up in Asia on Friday – Japan CPI, PBOC rate setting, BOJ meeting
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Japan’s national CPI data for August is due out on Friday. We got the Tokyo CPI data for August, which came in higher than July: Tokyo area inflation data for August: 2.6% y/y (2.2% previously) The Bank of Japan statement comes a few hours later. No change in interest rates…
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Ethereum Trails Bitcoin, But Bullish Momentum Gains Strength
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This article is also available in Spanish. Ethereum price started a fresh upside move above the $2,335 resistance level. Ethereum is now targeting further gains above the $2,420 resistance level. Ethereum started another rally from the $2,280 resistance level. The price is trading above the $2,350 level and the 100-hour…
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Ethereum Trails Bitcoin, But Bullish Momentum Gains Strength
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This article is also available in Spanish. Ethereum price started a fresh upside move above the $2,335 resistance level. Ethereum is now targeting further gains above the $2,420 resistance level. Ethereum started another rally from the $2,280 resistance level. The price is trading above the $2,350 level and the 100-hour…
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Ethereum Trails Bitcoin, But Bullish Momentum Gains Strength
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This article is also available in Spanish. Ethereum price started a fresh upside move above the $2,335 resistance level. Ethereum is now targeting further gains above the $2,420 resistance level. Ethereum started another rally from the $2,280 resistance level. The price is trading above the $2,350 level and the 100-hour…
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Ethereum Trails Bitcoin, But Bullish Momentum Gains Strength
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This article is also available in Spanish. Ethereum price started a fresh upside move above the $2,335 resistance level. Ethereum is now targeting further gains above the $2,420 resistance level. Ethereum started another rally from the $2,280 resistance level. The price is trading above the $2,350 level and the 100-hour…
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The Shadow Fleet Transporting Sanctioned Gas for Russia
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Breadcrumb Trail Links PMN Business A network stretching from Dubai to China is involved in a multi-billion dollar effort to ship gas from Russia’s Arctic LNG facility. Author of the article: Bloomberg News Stephen Stapczynski, Rakesh Sharma and Christopher Udemans Published Sep 18, 2024 • 11 minute read You can save this…
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The Shadow Fleet Transporting Sanctioned Gas for Russia
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Breadcrumb Trail Links PMN Business A network stretching from Dubai to China is involved in a multi-billion dollar effort to ship gas from Russia’s Arctic LNG facility. Author of the article: Bloomberg News Stephen Stapczynski, Rakesh Sharma and Christopher Udemans Published Sep 18, 2024 • 11 minute read You can save this…
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Waymo in talks with Hyundai Motor to produce self-driving taxis, media report says By Reuters
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SEOUL (Reuters) – Alphabet Inc’s Waymo is in talks with South Korea’s Hyundai Motor Co to outsource the manufacturing of its self-driving vehicles, South Korea’s Electronic Times reported. Waymo and Hyundai Motor officials have met more than three times to discuss a plan to use Hyundai’s Ioniq 5 electric vehicles…
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USDT On TON Chain Surpasses $1 Billion: Token Terminal
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According to data from Symbolic stationa leading cryptocurrency research company, USDT The circulating supply on the TON network has now surpassed $1 billion. This figure highlights the continued dominance of stablecoins among USD-backed cryptocurrencies, with USDT accounting for a significant portion of the total $172 billion in circulation across all…
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Israeli startup Mine appoints 5 top execs in major expansion
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Israeli startup specializing in data privacy royal Mine has announced the appointment of five senior executives to its leadership team. Mine, which raised $30 million in a Series B funding round last December, develops privacy and data protection solutions for businesses and consumers. The new appointments are aimed at accelerating…
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Israeli startup Mine appoints 5 top execs in major expansion
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Israeli startup specializing in data privacy royal Mine has announced the appointment of five senior executives to its leadership team. Mine, which raised $30 million in a Series B funding round last December, develops privacy and data protection solutions for businesses and consumers. The new appointments are aimed at accelerating…
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Fed Cut Interest Rates by 0.50%, Dot Plot Suggests More Cuts in Next Meetings
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The Federal Open Market Committee cut interest rates by 50 basis points to 4.75% to 5.00% at its September meeting, marking a strong start to the monetary policy easing cycle. It was also the first cut in borrowing costs since the start of the pandemic in 2020, as major central…