Author: Investor Empires
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Israel’s fiscal deficit climbs again
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Israel’s fiscal deficit rose again for the 17th consecutive month, after reaching zero in March 2023. The deficit in the 12 months to the end of August this year amounted to 8.3% of GDP, or NIS 161 billion, Finance Ministry Accountant General Yali Rotenberg reported today. The figure at the…
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Air Canada begins preparations for shutdown as union talks near impasse By Reuters
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Air Canada, the country’s largest airline, said Monday it was finalizing contingency plans to suspend most of its operations as talks with a pilots’ union neared an impasse. A complete shutdown of the airline’s operations could strand thousands of passengers across the country. Air Canada and its subsidiary Air Canada…
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Japan’s Largest Power Company TEPCO is Mining Bitcoin Using Renewables
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Tokyo Electric Power Company (TEPCO), Japan’s largest electricity provider, has started mining Bitcoin through its subsidiary Agile Energy X using excess renewable energy that would otherwise be wasted, According to reports from Asahi. Breaking News: ?? Japan’s largest energy company TEPCO is mining #Bitcoin Excess energy use. pic.twitter.com/ZrsmbV7mv6 — Bitcoin…
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Japan’s Largest Power Company TEPCO is Mining Bitcoin Using Renewables
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Tokyo Electric Power Company (TEPCO), Japan’s largest electricity provider, has started mining Bitcoin through its subsidiary Agile Energy X using excess renewable energy that would otherwise be wasted, According to reports from Asahi. Breaking News: ?? Japan’s largest energy company TEPCO is mining #Bitcoin Excess energy use. pic.twitter.com/ZrsmbV7mv6 — Bitcoin…
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Turkish firms face wave of closures amid economic reckoning By Reuters
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Written by Seda Caglayan and Ezgi Erkoyun COROM, Turkey (Reuters) – It is hard for Dogan Duman to see how he can keep his clothing factory in central Turkey open much longer, even after firing a third of his staff to cut costs that have soared for companies across the…
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USDCAD Technical Analysis – A better than feared NFP boosted the USD
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Basic Overview The US dollar came under further pressure last week as a series of weak US data pushed Treasury yields lower. However, Friday’s non-farm payrolls report was not bad, on the contrary, the data under the hood was better than the previous month. This helped the US dollar erase…
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Here’s Why These 2 Crypto Coins Have Rally During Bearish Sentiment
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This article is also available in Spanish. As the broader cryptocurrency market faces bearish sentiment, Helium (HNT) and Mbebe (Mbebe) Cryptocurrencies have defied this trend, seeing impressive gains. While Helium (HNT) continues to make great strides in the field of decentralized wireless networks, the gambling platform Mpeppe (MPEPE) has captured…
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Here’s Why These 2 Crypto Coins Have Rally During Bearish Sentiment
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This article is also available in Spanish. As the broader cryptocurrency market faces bearish sentiment, Helium (HNT) and Mbebe (Mbebe) Cryptocurrencies have defied this trend, seeing impressive gains. While Helium (HNT) continues to make great strides in the field of decentralized wireless networks, the gambling platform Mpeppe (MPEPE) has captured…
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Wall Street’s 2 Newest Stock-Split Stocks Are Taking Center Stage This Week
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Despite artificial intelligence Stock splits have been the talk of Wall Street for most of the past two years, and the euphoria surrounding companies executing stock splits has been an equally important catalyst for the stock market in 2024. A stock split is a tool available to publicly traded companies…
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Big Lots sells business to Nexus Capital as it begins bankruptcy proceedings By Reuters
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Big Lots Inc., a U.S. discount home goods retailer, said Monday it has secured $707.5 million to shore up its operations and sold its business to private equity firm Nexus Capital as it begins Chapter 11 bankruptcy proceedings. Big Lots listed its assets and liabilities in the range of $1…
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Kraken criticizes Australia’s ‘uncertain’ crypto rules after court ruling
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Kraken is calling for clearer cryptocurrency regulations in Australia after the Federal Court ruled that part of its margin rollover product violated local laws. Cryptocurrency exchange Kraken is arguing for clearer crypto regulations in Australia after the Federal Court ruled that its margin trading product violates local laws. On September…
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European markets rebound from last week’s fall
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da-kuk/E+ via Getty Images London (UKX) +0.64% Germany (DAX:IND) +0.51% France (CAC:IND) +0.41% The unemployment rate in the Czech Republic was 3.8% in August. Denmark’s current account surplus narrowed to DKK 35.3 billion in July. Denmark’s goods and services trade surplus rose to DKK 32.7 billion after seasonally adjusted adjustment…
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USDJPY Technical Analysis – The NFP report keeps the market guessing
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Basic Overview The USD/JPY pair eventually fell to its lowest level in August after a series of weak US data pushed Treasury yields lower, giving the yen a morale boost. Friday’s nonfarm payrolls report wasn’t bad, on the contrary, the data was better than the previous month. However, the labor…
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Helium: Crypto Bulls Pump HNT and Mpeppe Casino During Bitcoin’s BTC Downturn
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Amidst the Bitcoin market slowdown and altcoin turmoil, smart investors are turning their attention to emerging projects like Helium (HNT) and Mbebe (Mbebe)Both of these cryptocurrencies have shown strong resilience, with whales occupying significant positions in each. The recent growth in the Helium ecosystem has made it a standout performer,…
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99 Speed Mart IPO crowns polio survivor as Malaysia’s newest billionaire
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Lee Thiam Wah’s first venture into retail was selling snacks from a roadside stall in Malaysia. Decades later, the entrepreneur has turned that humble beginning into a sprawling retail empire with more than 2,600 grocery stores across the country. Today, the 60-year-old is a billionaire after his company 99 Speed…
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Panasonic’s energy unit prepares for 4680 EV battery production By Reuters
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By Daniel Leussink and Maki Shiraki KINOKAWA, Japan (Reuters) – Panasonic Holdings Corp said on Monday its power unit has completed preparations to mass-produce 4680 batteries for electric vehicles as it seeks to start supplying cells to automakers. The renovated Panasonic Energy plant in western Wakayama Prefecture will serve as…
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Panasonic’s energy unit prepares for 4680 EV battery production By Reuters
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By Daniel Leussink and Maki Shiraki KINOKAWA, Japan (Reuters) – Panasonic Holdings Corp said on Monday its power unit has completed preparations to mass-produce 4680 batteries for electric vehicles as it seeks to start supplying cells to automakers. The renovated Panasonic Energy plant in western Wakayama Prefecture will serve as…
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Dogecoin (DOGE) Bulls Aim to Clear $0.10: Will It Happen?
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Dogecoin started a recovery wave from the $0.0888 area against the US Dollar. Dogecoin is rising and may surpass the $0.100 resistance area. DOGE price is targeting a fresh increase above $0.100. The price is trading above the 0.0950 level and the 100-hour simple moving average. There was a break…
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MPs summon Thugge, CMA boss over NSSF bonds trade
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Parliament has summoned Central Bank of Kenya Governor Kamau Thuji and Capital Markets Authority CEO Wycliffe Shamia over suspicious bond trading between some brokers and the National Social Security Fund. The National Assembly’s Finance and National Planning Committee wants the two regulators to shed light on alleged irregularities in bond…
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RoboMarkets Adjusts its European Business Model, Aiming to Lead in Stock Brokerage
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RoboMarkets Group has announced strategic changes to its European business model, which are scheduled to be implemented by the end of 2024. In a press release, the group said: “Given the European market conditions, we have decided to focus our European operations and expertise to primarily serve equity investors and…