Author: Investor Empires
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Renault CEO says sector could face billions in fines as EV sales slow By Reuters
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PARIS (Reuters) – Europe’s car industry could face fines of up to 15 billion euros ($17.4 billion) over carbon emissions as demand for electric vehicles slows. Renault “The EPA’s chief executive, Luca de Meo, said on Saturday: Carmakers face tougher EU CO2 emissions targets in 2025 with the cap on…
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Ethereum Slips To $2,350 As Whale Deposits Exceed $751 Mil
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Ethereum has seen a drop towards the $2,350 level as on-chain data reveals that whales have been making significant swap flows recently. Ethereum exchange net flows have been positive recently. According to data from market intelligence platform In the massEthereum net flow on the Ethereum exchange has been positive recently.…
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Ethereum Slips To $2,350 As Whale Deposits Exceed $751 Mil
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Ethereum has seen a drop towards the $2,350 level as on-chain data reveals that whales have been making significant swap flows recently. Ethereum exchange net flows have been positive recently. According to data from market intelligence platform In the massEthereum net flow on the Ethereum exchange has been positive recently.…
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Stellantis-owned Chrysler to recall about 1.2 million vehicles, US regulators say By Reuters
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Stellantis-owned Chrysler is recalling about 1.2 million vehicles in the United States because of a software defect in the anti-lock braking system that could increase the risk of a crash, the National Highway Traffic Safety Administration said Saturday. The regulator said the 1,227,808 vehicles being recalled by Stellantis Inc. (NYSE:STELLANTIS)…
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Fed’s Goolsbee: Critical challenge is not letting things turn into something worse
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The critical challenge is: not to let things get worse. If you look at the beige book, you can’t look at it as exciting, on the contrary, it was a bit depressing. Points to warning signs about the economy You just want the prices to be that high as long…
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Bitcoin Fear And Greed Index Falls To ‘Extreme Fear’ As BTC Dips Below $54,000
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This article is also available in Spanish. On Friday, the fear and greed index in the cryptocurrency market fell. decreased “Extreme fear,” reflecting growing anxiety among investors as Bitcoin fell to a weekly low of $53,700. This decline represents a continuation of the broader sell-off that has plagued the market,…
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4 Reasons to Buy Nvidia Stock Like There’s No Tomorrow
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Nvidia (NASDAQ: NVDA) General Electric stock has been among the best performing stocks over the past five years, rising a staggering 2,430%. Given these gains, the question many investors are now asking is whether it’s too late for new investors to buy in and see above-average returns. Let’s take a…
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Time to turn negative on European credit, says BCA Research By Investing.com
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BCA Research issued a warning about the outlook for European credit markets in a note on Tuesday, telling investors it is time to shift to a negative view of the asset class. Analysts see European credit spreads as having “little room to narrow further from current levels,” leaving investors with…
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Boeing spacecraft, Starliner, lands on Earth (NYSE:BA)
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Always_Zeel After a disappointing test flight, Boeing announced (New York Stock Exchange: BAThe Starliner spacecraft returned to Earth shortly after midnight Saturday without the crew that carried it to the International Space Station a few months ago. The spacecraft landed at White Sands. space port NASA announced the flight will…
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Oil falls to the lowest in a year
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Crude oil WTI daily The oil market didn’t spend much time below $70 in the post-pandemic period, but after five days of heavy selling, it’s now at $67.29, the lowest since June 2023. Last year, we saw several dips to this range, all of them buys, including two intraday dips…
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Ripple Co-Founder Endorses Harris’ Campaign Ahead Of Debate
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Eighty-eight business leaders have joined in a letter supporting US Vice President Kamala Harris’ presidential campaign. Chris Larsen, co-founder and CEO of Ripple, was among the signatories to the “strategic” letter in support of the Democratic nominee. This overwhelming endorsement comes just one day after Russian President Vladimir Putin revealed…
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Germany’s Aleph Alpha is Europe’s best hope for developing AI advancement outside Silicon Valley
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Only a handful of startups have been able to raise enough money to build and sustain powerful generative AI models. Germany’s Alev Alpha appears to be one of them. Late last year, the company announced a more than $500 million investment from the country’s industrial giants and one of its…
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China stops short of Africa debt relief as pledges more cash By Reuters
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By Duncan Merry and Laurie Chen NAIROBI/BEIJING (Reuters) – China declined to provide debt relief sought by several African countries this week, but pledged 360 billion yuan ($50.7 billion) over three years in credit lines and investments. Launched in 2000, the Forum on China-Africa Cooperation (FOCAC) has taken on an…
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SOL Price Could Crash To $90 If This Happens
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This article is also available in Spanish. As the first week of September came to a close, the price of Solana (SOL) settled at $124, raising investor concerns as the fifth-largest cryptocurrency is at risk of breaching the critical $100 threshold. According to market analyst Ali Martinez, the latest technical…
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Kenya to host satellite dish for world’s largest radio-powered space telescope
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Kenya will host one of eight satellite dishes that will support the launch of the Square Kilometre Observatory (SKA), which is set to be the world’s largest intergovernmental radio telescope project. The SKA project is currently under construction in Australia and South Africa and will drive technological development, particularly in…
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Premium Forex Watch Recaps: Sept. 2 – 3, 2024
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Our currency strategists this week focused on the US ISM manufacturing PMI data and the Bank of Canada (BOC) monetary policy statement for potential bullish setups. Of the four scenario/price outlook discussions this week, It can be said that both discussions witnessed the raising of fundamental and technical arguments. To…
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Celestia’s Revolutionary 1 GB Block Roadmap
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Blockchain technology has faced a long-standing challenge of scalability as networks seek to meet growing user demands and transaction volumes. However, the recent announcement from CelestiaCelestia, a prominent layer-1 data network, has the crypto community excited. Celestia has unveiled an ambitious roadmap that aims to revolutionize the industry by increasing…
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Labour scraps plan for ‘British Isa’ aimed at boosting UK stock investment
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The Labour government is expected to abandon plans to create a “Britain Savings Account”, a scheme initially proposed by the previous Conservative administration to encourage investment in British shares. The move comes amid concerns that the initiative could complicate the individual savings account market rather than effectively support UK stocks.…