Author: Investor Empires
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A Disaster for Innovation – The Research and Development Relief Perfect Storm
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The UK R&D Tax Credit allows companies that undertake innovative activities and qualifying R&D projects to claim corporate tax relief and/or tax credits on qualifying R&D expenditure. The aim is to encourage innovation in the UK by providing an exemption from qualifying R&D expenditure, effectively reducing the cost of R&D…
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Room to hike Kors prices seen in Tapestry-Capri merger, executive testifies By Reuters
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Written by Siddharth Kavali NEW YORK (Reuters) – Fashion retailer Tapestry Holdings Inc has room to raise prices and cut discounts on rival Capri’s Michael Kors brand if the two companies merge, a top executive at the company said on Tuesday, as regulators seek to block the $8.5 billion deal.…
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Bitcoin Sees 2 Consecutive Heikin Ashi Signals On The Weekly Chart, What This Means
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This article is also available in Spanish. Cryptocurrency Analyst Jesse Olson A second consecutive Heikin Ashi signal has been highlighted on the weekly chart of Bitcoin (BTC). This comes despite Bitcoin’s recent rally to Up to $58,000indicating that an upward reversal may be on the horizon. What does Heikin Ashi…
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Oil – private survey of inventory shows a headline crude oil draw vs. build expected
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Figures via oilprice.com on Twitter: — The predictions I saw focused on: Crude oil rises by 1.0 million barrels Distillates +0.3 million barrels Gasoline -0.1 million — This data point is taken from a special survey conducted by the American Petroleum Institute (API). It is a survey of oil storage…
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LayerZero becomes BitGo’s official interoperability protocol for WBTC
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BitGo has selected LayerZero as the official interoperability provider for the digital asset custody provider for the Wrapped Bitcoin token. On September 10, Layer Zero (ZRO) It was announced BitGo now uses LayerZero’s Omnichain Fungible Token standard for the crypto firm’s Wrapped Bitcoin (WBTC). Projects already taking advantage of OFT…
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LayerZero becomes BitGo’s official interoperability protocol for WBTC
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BitGo has selected LayerZero as the official interoperability provider for the digital asset custody provider for the Wrapped Bitcoin token. On September 10, Layer Zero (ZRO) It was announced BitGo now uses LayerZero’s Omnichain Fungible Token standard for the crypto firm’s Wrapped Bitcoin (WBTC). Projects already taking advantage of OFT…
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Virgin Atlantic to resume Israel flights ahead of holidays
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British airline Virgin Atlantic will resume flights between London and Tel Aviv from September 25, a week before the Jewish holidays, according to foreign media reports. Flights can be booked on the airline’s website, with options to connect to the United States. Like British Airways, Virgin Atlantic will offer direct…
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US regulators probe Delta ground accident at Atlanta airport By Reuters
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By David Shepardson ATLANTA (Reuters) – The wing of a Delta Air Lines Inc plane collided with a regional jet as it was heading to Atlanta for departure on Tuesday, damaging both aircraft, a federal agency and the airline said. The accident caused significant damage to the tail of the…
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Bitcoin Under Pressure: State Street And Galaxy Roll Out Three New Crypto-Focused ETFs
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State Street Global Advisors and Galaxy Asset Management announced Tuesday the launch of three new cryptocurrency-focused exchange-traded funds (ETFs). The move comes as investors pull back from spot bitcoin funds, reflecting a sense of fear in the market. Actively Managed Crypto ETFs According to The newly launched exchange-traded funds include…
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Factbox-Who are the candidates running in the US presidential election? By Reuters
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By Susan Heavey, Smoking Coasts (Reuters) – Former Republican President Donald Trump will face Vice President Kamala Harris in the Nov. 5 U.S. presidential election after President Joe Biden ended his re-election bid. A number of independent candidates are also competing for the position. Below is a list of the…
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U.K. Labour Market Update: September 2024
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The latest UK employment data reveals a mixed picture, with signs of a slowdown in the labour market but persistent wage pressures, leaving the Bank of England in a delicate position ahead of its meeting on September 19. Key points: The UK employment rate for people aged 16-64 is estimated…
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Un Ode de l’Provocateur du Bitcoin – Bitcoin Magazine
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Out of the ashes emerged a roaring rodent he named Max Punk. Open conflict, whales outdo boring monkeys, social class emerges. Bitcoin leaders were sent to prison, then released through massive strike waves. Cryptocurrency hoarders fight in the streets, power outages, three-day work weeks, maxi workers fight over hash rates,…
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S&P 500 Rally Hits a Wall as Big Banks Sound Alarm: Markets Wrap
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(Bloomberg) — Stocks fell after some of Wall Street’s biggest banks gave cautious outlooks, and Brent crude fell below $70 a barrel on concerns about oversupply. Most Read from Bloomberg After a rally to start the week, the S&P 500 struggled to make much headway. JPMorgan Chase & Co. fell…
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US Treasury auctions $58B of 3 year notes at a high yield of 3.440%
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High yield:3.440% WI level at auction time: 3.457% tail: -1.7 bs Average of six auctions: 0.1 basis points Show Coverage: 2.66X Merchants:10.45% Direct (local demand measure):11.3% Indirect (international demand measure):78.24% Auction Grade: A details: International buyers were in attendance and outperformed other bidders. International buyers received 78.24%. This was well…
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Legendary Analyst Reveals Prediction For December
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This article is also available in Spanish. Just like Bitcoin (BTC), Ethereum (ETH) Price Ethereum has been trading sideways quite noticeably lately. Due to this bearish trend, a well-known cryptocurrency analyst has provided some insights into Ethereum price action, predicting that in the next three months, the leading altcoin could…
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Legendary Analyst Reveals Prediction For December
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This article is also available in Spanish. Just like Bitcoin (BTC), Ethereum (ETH) Price Ethereum has been trading sideways quite noticeably lately. Due to this bearish trend, a well-known cryptocurrency analyst has provided some insights into Ethereum price action, predicting that in the next three months, the leading altcoin could…
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Western Digital expects $100 productivity benefit from AI; ‘soft-spin’ likely in October
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Starbucks new CEO Niccol to focus on US in first 100 days By Reuters
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(Reuters) – Starbucks Corp.’s new Chief Executive Brian Niccol laid out his plan for the first 100 days on Tuesday, saying he will focus on improving the customer experience at its U.S. stores. Nicol took over from Lakshman Narasimhan on September 9 as the coffee chain grapples with weak demand…
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EIGEN futures rise ahead of EigenLayer season 2 stakedrop
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EigenLayer futures rose pre-market after falling to a record low of $2.17 last week. EigenLayer (EIGEN) rose to an intraday high of $2.73, up more than 25% from its low on September 7. However, it remains 30% below its all-time high. OKX’s pre-market futures allow people to trade tokens before…
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Used EV prices have fallen far below gas vehicles
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The backlash against electric cars is on its way. As electric car manufacturers cut prices on new models, used electric cars are now 11% cheaper than gasoline models, According to iSeeCars data. A study of 1.6 million used cars (between one and five years old) sold between August 2023 and…