Author: Investor Empires
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Russian court freezes Raiffeisen shares in local bank, blocking sale By Reuters
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FRANKFURT (Reuters) – A Russian court has frozen shares in the local arm of Raiffeisen Bank International, Russia’s largest Western bank said on Thursday, ruling out any sale of the company for now. The Austria-based Reserve Bank of India had pledged to spin off its Russia business, which provides a…
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Politicians, Founders Motivate Crypto Voters on Day One of the America Loves Crypto Tour
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On a 100-degree evening in Phoenix, Arizona crypto enthusiasts turned out in a frenzy for the first night of America loves cryptocurrencies a trip. The tour organized by Stand with the Crypto AllianceA nonprofit organization aiming to get America’s 52 million cryptocurrency holders out to the polls in November will…
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Azerbaijan tax breaks tempt Israeli tech firms to relocate
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Among the incentives offered to Israeli startups that choose to move to Azerbaijan are full exemptions from corporate tax, purchase tax, property tax and profits tax for ten years, as exclusively revealed by Globes. The decision by a Shiite Muslim-majority country to take such a step during the current war,…
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Swiss Franc’s strength may prompt SNB to ease monetary policy By Investing.com
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The Swiss National Bank may engage in a prolonged monetary easing cycle due to an unexpected slowdown in inflation in Switzerland and a strong Swiss franc, according to a report by Gavekal Research. Inflation in Switzerland fell to 1.1% year-on-year in August, down from 1.3% in July and below the…
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Swiss Franc’s strength may prompt SNB to ease monetary policy By Investing.com
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The Swiss National Bank may engage in a prolonged monetary easing cycle due to an unexpected slowdown in inflation in Switzerland and a strong Swiss franc, according to a report by Gavekal Research. Inflation in Switzerland fell to 1.1% year-on-year in August, down from 1.3% in July and below the…
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Aptos (APT) Dips 12%—New Innovations Fail to Spark Momentum
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This article is also available in Spanish. Although the market is attempt Recovering from its weak start in September, some altcoins — including Aptos (APT) — continue to free-fall despite bulls’ attempts to rally. According to CoinGecko, APT’s current performance is lackluster as the coin has fallen 15% since last…
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AT&T makes final offer to striking CWA union By Reuters
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(Reuters) – AT&T Inc has submitted its final offer to its negotiating committee, the Communications Workers of America union said on Thursday, adding that the proposal did not meet its expectations. The Communications Workers Union said the proposal was made on Wednesday, and then made a counteroffer later in the…
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Preview: Why August non-farm payrolls frequently disappoint
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Consensus estimate: +160K vs. +175K previously (range: +100K to +246K) July was +114k Special consensus +139k vs. +148k previously Unemployment rate estimated at 4.2% vs. 4.3% previously Previous participation rate 62.6% Previous underemployment U6 7.8% v Average hourly earnings on an annual basis expected +3.7% vs. +3.7% previously Average hourly…
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Dow slumps, Nasdaq whipsaws amid more soft labor market data
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U.S. stocks fell on Thursday as investors digested more weaker-than-expected labor market data that could help set the outlook for both interest rate cut hopes and the health of the U.S. economy. The S&P 500 (^GSPC) fell about 0.6%, while the Dow Jones Industrial Average (^DJI) fell more than 350…
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AMD lost some market share in Server Instances while Intel gained- report By Investing.com
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Advanced Micro Devices (NASDAQ:) saw its share of the server instance market decline slightly in July, according to a note from Jefferies on Thursday. The report highlights that AMD lost 10 basis points (bps) of its share, while Intel (NASDAQ:) gained, capturing 72.8% of the market, driven by the success…
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AMD lost some market share in Server Instances while Intel gained- report By Investing.com
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Advanced Micro Devices (NASDAQ:) saw its share of the server instance market decline slightly in July, according to a note from Jefferies on Thursday. The report highlights that AMD lost 10 basis points (bps) of its share, while Intel (NASDAQ:) gained, capturing 72.8% of the market, driven by the success…
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Slow recovery ahead for TON, NEAR while DTX presale gains traction
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Disclosure: This article does not constitute investment advice. The content and materials on this page are for educational purposes only. DTX Exchange Becomes the Largest Presale of the Year as Its Presale Raised Millions of Dollars, Outperforming Toncoin and Near Protocol Amid Shifting Market Trends The broader shift in market…
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New Mexico AG files case against Snap alleging platform enables child exploitation (SNAP)
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The office of New Mexico Attorney General Raul Torres said Thursday it has filed a lawsuit against Snapchat (NYSE:SNAP) alleging that the social media company’s policies, content, and recommendation algorithm promote the sharing of child sexual abuse material and facilitate child abuse. Sexual exploitation. “Our undercover investigation revealed that malicious…
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Major Russian lenders say yuan coffers empty, urge central bank action By Reuters
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Written by Elena Fabrichnaya MOSCOW (Reuters) – Russia’s top banks have called on the central bank to take action to address a liquidity shortage in the yuan that has sent the rouble to its lowest level since April against the Chinese currency and pushed yuan swap rates into the single…
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Major Russian lenders say yuan coffers empty, urge central bank action By Reuters
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Written by Elena Fabrichnaya MOSCOW (Reuters) – Russia’s top banks have called on the central bank to take action to address a liquidity shortage in the yuan that has sent the rouble to its lowest level since April against the Chinese currency and pushed yuan swap rates into the single…
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Global Domination: Cardano (ADA) Whales Swim To Crypto’s Fastest Growing Meme Coin After Another Week of 12% Losses
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Cardano (ADA), once hailed as a potential game-changer in the blockchain space, is facing significant challenges despite its recent technical upgrades. The latest Chang-Upgrade, designed to push Cardano (ADA) toward decentralization, has been successfully implemented. However, the market reaction has been less enthusiastic, with ADA suffering another 12% drop over…
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It’s easier than ever to keep your job—but harder than ever to land one
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WASHINGTON (AP) — After being laid off from music streaming service Spotify last year, Jovay Arias expected he’d soon find another job as a software engineer. His previous job search in 2019 had been smooth sailing. “At that time,” he said, “I had so many recruiters approaching me — to…
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USDCAD waffles above and below the 100 hour MA today. Traders await await the next shove.
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The Bank of Canada cut interest rates by 25 basis points yesterday, but despite the cut, the Canadian dollar rose against the US dollar (USDCAD lower). The USD/CAD pair fell below the 100-hour moving average at 1.35136, but was unable to maintain the downside momentum to the 200-hour moving average…
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USDCAD waffles above and below the 100 hour MA today. Traders await await the next shove.
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The Bank of Canada cut interest rates by 25 basis points yesterday, but despite the cut, the Canadian dollar rose against the US dollar (USDCAD lower). The USD/CAD pair fell below the 100-hour moving average at 1.35136, but was unable to maintain the downside momentum to the 200-hour moving average…
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Mastercard Launches Euro Denominated Non-Custodial Bitcoin Debit Card
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Mastercard has partnered with Mercury, a Bitcoin and cryptocurrency payment services company, to launch a euro-denominated debit card that will allow users to spend Bitcoin and cryptocurrencies directly from non-custodial wallets, According to Cointelegraph. BREAKING: ?? Mastercard launches non-retention Euro card #Bitcoin And the encrypted debit card. They have over…