Author: Investor Empires
-
Edgar Bronfman Jr. to prepare an offer for Paramount Global, Bloomberg News reports By Reuters
•
Seagram heir Edgar Bronfman Jr. is close to making a bid for National Amusements Inc. that would rival an acceptable offer from Skydance Media Inc., Bloomberg News reported Thursday, citing people familiar with the plans. The former Warner Music chief had expressed interest in buying National Amusements, Paramount’s controlling shareholder,…
-
Thousands of rail fare prosecutions to be overturned following landmark ruling on legal process
•
Up to 74,000 rail fare evasion prosecutions in England and Wales are set to be thrown out after a landmark ruling found the legal process used by UK train companies was unsound. Judge Paul Goldspring, the president of the UK’s High Court, ruled on Thursday that the single justice procedure,…
-
Silence reigns in Russia over linking rouble fall to Ukrainian attack By Reuters
•
Written by Gleb Bryansky MOSCOW (Reuters) – There appears to be a new rule in Russia: Don’t mention war in connection with the rouble. Russian media and analysts at state-controlled banks have been largely silent on the possible connection between the ruble’s 9% depreciation against the US dollar and Ukraine’s…
-
Ripple Predicts ‘New Era’ For XRP Ledger, Here’s Why
•
In a blog post, RippleX, the development arm of Ripple Labs, announced a “new era” for the XRP Ledger (XRPL), with plans to integrate hundreds of millions of dollars worth of tokenized real-world assets (RWAs). As Bitcoinist reported in June, the initiative aims to establish XRPL as the leading option…
-
Daily Broad Market Recap – August 14, 2024
•
The Reserve Bank of New Zealand stole the show early today with a surprise interest rate cut, but data from the UK and US quickly drew attention to other market themes. How did your favorite assets trade on Wednesday? Let’s discuss the headlines: Headlines: The Reserve Bank of New Zealand…
-
Crypto Behemoth Coinbase Enters The Bitcoin DeFi Arena
•
A short, cryptic tweet caused a stir in X circles late Tuesday night when the world’s leading exchange Coinbase hinted at plans to enter the wrapped bitcoin market. The initial speculation was quickly validated by Senior staff from certain Their excitement for further integration of Bitcoin into the company’s blockchain…
-
Crypto Behemoth Coinbase Enters The Bitcoin DeFi Arena
•
A short, cryptic tweet caused a stir in X circles late Tuesday night when the world’s leading exchange Coinbase hinted at plans to enter the wrapped bitcoin market. The initial speculation was quickly validated by Senior staff from certain Their excitement for further integration of Bitcoin into the company’s blockchain…
-
AI access control co Knostic wins Black Hat startup award
•
Earlier this week, during Black Hat, the world’s largest cybersecurity conference, an early-stage Israeli AI startup announced Knostic Knostic, founded last year, took first place in a major startup competition. This isn’t the first competition Knostic has won. Three months ago, Knostic took first place in the startup competition at…
-
Walmart offered six endorsements on the health of the US and global consumer
•
The combination of the July U.S. retail sales report and comments from Walmart executives is a powerful statement about the health of the American and global consumer. It has better data than any U.S. statistical agency, and it is often forthright about what it sees. Here are some quotes from…
-
Crypto Guru Arthur Hayes Bets On This Under-The-Radar Altcoin
•
Arthur Hayes, a well-known cryptocurrency investor and former CEO of BitMEX, reportedly made a large purchase of the little-known altcoin Aethir (ATH), worth 11.4 million tokens, for an approximate value of $779,000. The transaction was identified as Reported By on-chain data analytics firm Lookonchain. According to the company, the purchase…
-
Crypto Guru Arthur Hayes Bets On This Under-The-Radar Altcoin
•
Arthur Hayes, a well-known cryptocurrency investor and former CEO of BitMEX, reportedly made a large purchase of the little-known altcoin Aethir (ATH), worth 11.4 million tokens, for an approximate value of $779,000. The transaction was identified as Reported By on-chain data analytics firm Lookonchain. According to the company, the purchase…
-
2024 looks reminiscent of 1970 and 2001 recession years: Piper Sandler By Investing.com
•
According to a recent analysis by Piper Sandler, the economic landscape in 2024 bears striking similarities to the recessions of 1970 and 2001, with some critical differences that could lead to a sharper slowdown. Analysts draw parallels between the current environment and those of previous recessions, pointing to “the big…
-
Texas adds UK lender NatWest to energy ‘boycott’ list over financing restrictions By Reuters
•
By Ross Kerber The Texas state comptroller said Wednesday that the state has added British bank NatWest to a list of companies that “boycott” energy companies, which could restrict the bank’s business with public entities. NatWest was added to the list because of its restrictions on energy financing, Texas Comptroller…
-
Spotting Crypto Frauds In 2024
•
In today’s digital economy, catching fraudulent transactions in cryptocurrency is more crucial than ever. With the rise in blockchain technology, blockchain analysis tools have emerged as indispensable resources for identifying and combating fraud. These tools meticulously analyze blockchain data, revealing illicit activities while enhancing transparency and trust in digital transactions.…
-
Spotting Crypto Frauds In 2024
•
In today’s digital economy, catching fraudulent transactions in cryptocurrency is more crucial than ever. With the rise in blockchain technology, blockchain analysis tools have emerged as indispensable resources for identifying and combating fraud. These tools meticulously analyze blockchain data, revealing illicit activities while enhancing transparency and trust in digital transactions.…
-
Retail sales soar past Wall Street estimates in July
•
Retail sales beat Wall Street estimates in July, helping ease concerns about a major slowdown in the U.S. economy. Retail sales rose 1% in July. Economists had expected a 0.4% increase in spending, according to Bloomberg data. Meanwhile, retail sales in June were revised down to a 0.2% decline, from…
-
Dollar edges higher ahead of retail sales; sterling gains on GDP growth By Investing.com
•
The US dollar rose slightly on Thursday, but remained close to seven-month lows after benign inflation data, while sterling rose after strong growth data. At 05:45 ET (09:45 GMT), the dollar index, which tracks the greenback against a basket of six other currencies, was up 0.1% at 102.452, just above…