Author: Investor Empires
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Adani to absorb staff, offer new job terms two years after JKIA takeover
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All Kenya Airports Authority staff will continue to work on their current terms if India’s Adani Airports Holdings wins its bid to run Kenya’s largest airport for 30 years, signalling a softer stance after a workers’ standoff. The revised master concession terms offered by Adani to Kenya Airways, under which…
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As the dust settles after the jobs reports in the US and Canada, the USDCAD is higher.
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The US and Canadian jobs report is due out today. In the US, the market breathed a sigh of relief as the numbers weren’t as weak as they were last month. The unemployment rate fell to 4.2% from 4.3%. In Canada, the unemployment rate rose to 26.6%, the highest level…
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As the dust settles after the jobs reports in the US and Canada, the USDCAD is higher.
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The US and Canadian jobs report is due out today. In the US, the market breathed a sigh of relief as the numbers weren’t as weak as they were last month. The unemployment rate fell to 4.2% from 4.3%. In Canada, the unemployment rate rose to 26.6%, the highest level…
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Here’s Why The Bitcoin Price Crashed Below $54,000
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This article is also available in Spanish. the Bitcoin price The leading cryptocurrency dropped below $54,000 on September 6 as it witnessed a massive sell-off by traders. This price drop led to developments in Macroeconomic aspectwhich drew bearish expectations for Bitcoin. Related reading Bitcoin Price Drops After Weak Jobs Report…
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Onlyfans’ Ukrainian-born owner Radvinsky reaps £1bn from adult content platform
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OnlyFans, a subscription-based site known for its adult content, has paid out £1bn to its Ukrainian-born owner, Leonid Radvinsky, since he took over the company six years ago. The British platform’s parent company, Phoenix International, announced a record dividend of $472 million (£358 million) last year, contributing to the large…
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NASDAQ index leads the way to the downside
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The Nasdaq is trading at a fresh session low and its lowest since August 12. The move lower is due to a mixed/weaker US jobs report. Nonfarm payrolls rose less than expected (142K vs. 160K expected) with prior months also revised down by 86K. The unemployment rate fell to 4.2%…
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Trump crypto venture WLFI is a ‘huge mistake,’ investor says
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The Trump family’s latest business venture — originally launched as a DeFi platform called “The Defiant Ones,” but since rebranded as World Liberty Financial — is fraught with controversy just days after it was unveiled. While Trump’s eldest sons, Eric Trump and Donald Trump Jr., are “ambassadors” for World Liberty…
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ECB Is Poised to Cut Rates Again in Warm-Up Act for the Fed
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Breadcrumbs Path Links PMN Business The European Central Bank is likely to cut interest rates on Thursday in preparation for the US move the following week, with the global monetary cycle tilting towards more synchronised easing. Article author: Bloomberg News Craig Sterling and Vince Gull Published on September 07, 2024…
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WisdomTree To 3-Year Withdraw Ethereum Trust Registration Statement
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US investment firm WisdomTree has requested to withdraw its Ethereum Trust registration statement three years after it was filed with the US Securities and Exchange Commission (SEC). The development comes hours after asset management firm VanEck shut down its Ethereum Futures ETF due to lack of demand. WisdomTree to End…
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Shekel sharply weaker in wake of Wall Street falls
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The shekel is falling sharply today against the US dollar and the euro. In interbank trading late in the afternoon, the shekel rose against the dollar by 1.26% to NIS 3.717/USD, and the shekel rose against the euro by 1.35% to NIS 4.107/EUR. Yesterday, the Bank of Israel set the…
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What’s next for semiconductor stocks? UBS weighs in By Investing.com
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Investing.com – The semiconductor sector has been a focus of investor interest in recent years, driven by its crucial role in technology and the global economy. However, recent market trends have introduced both opportunities and challenges to semiconductor stocks. “Semiconductor stocks came under sharp pressure as part of a broader…
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PEPE Faces Key Support Test At $0.00000589
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This article is also available in Spanish. baby PEPE is facing intense bearish pressure as its price is heading lower towards a critical support level at $0.00000589. Recent market action has shown that bears are in strong control, pushing the token closer to this key threshold. With sellers still in…
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PEPE Faces Key Support Test At $0.00000589
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This article is also available in Spanish. baby PEPE is facing intense bearish pressure as its price is heading lower towards a critical support level at $0.00000589. Recent market action has shown that bears are in strong control, pushing the token closer to this key threshold. With sellers still in…
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Three Lebanese medics killed by Israeli strike, Hezbollah retaliates By Reuters
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CAIRO (Reuters) – Three Lebanese paramedics were killed and two others wounded, one of them critically, in an Israeli attack while they were extinguishing fires in the southern Lebanese town of Faroun, the Lebanese Health Ministry said on Saturday. “The Israeli occupation forces targeted a Lebanese civil defense team while…
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WSJ’s Timiraos: Waller does not explicitly say “25” or “50”, but leans to 25.
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High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…
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Balance brings in $30m, Hypernative collects $16m
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Venture capitalists are raising more money for crypto funds this year than during last year’s dismal decline. According to the latest a report According to a PitchBook report published on September 5, the average fund size is expected to rise 65.1% to $41.3 million in 2024. These days, it’s common…
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Up 12% in 2024, You May Want to Buy This Semiconductor Stock Before It Goes on a Bull Run
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Analog Devices (NASDAQ: ADI) Not as well known in the semiconductor industry as major players like Nvidia or Taiwan SemiconductorCompanies are benefiting from the rapid adoption of AI and reporting impressive growth. That explains why the chipmaker’s shares are up just 12% so far this year, lagging the impressive gains…
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Fed pivot, lower rates could be catalysts for ‘Green’ stocks
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Clean energy has burned many investors when easy money choked, according to Citi Research, but in the near term, a Fed shift and rate cuts could still be a catalyst for the broader green theme. “We are still not broad-based buyers of ‘green’ per se, but we see opportunities within…
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Injective Protocol Whale Adds New A.I Casino Project Mpeppe (MPEPE) To Cryptocurrency Holdings
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INJ Protocol whales are diversifying their portfolios and taking advantage of new opportunities. One of these whales has made a strategic move by adding Mbebe (Mbebe)an innovative AI-powered casino project, to their holdings. This move highlights the growing interest in integrating AI and blockchain technology into the gaming and decentralized…