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Current account deficit drops to eight-year low
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Kenya’s current account deficit fell to its lowest level in four years during the second quarter of the year thanks to increased service revenues. The current account deficit shows that a country exports less compared to what it imports. The improvement in the deficit, explained by growth in exports of…
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Whales Put $100B into BTC: Is a Rally Coming?
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Bitcoin (BTC) is attracting attention with new whale transactions and rising ETF inflows. Recently, more than $100 billion has been pumped into Bitcoin by large players, known as whales. Could this mean a new high in BTC prices? In this article, we’ll explain how these inflows could change the market,…
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Shiba Inu Whales Move 3.02 Trillion SHIB, Are They Leading The Sell-Off?
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Shiba Inu whales have recently been observed making a lot of moves despite the high volatility of the meme coin at the moment. More importantly, these large whales double in size within 24 hours, which could have serious implications for the price of SHIB. As the price of the Shiba…
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Jamie Shaw, CEO, Shawton Energy
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We speak with Jamie Shaw, CEO of Shawton Energy, a leader in delivering large-scale commercial solar energy solutions to businesses across various sectors. With almost three decades of experience in the renewable energy industry, Shawton Energy has helped companies like DHL, Princes, and Hilton transition to greener, more sustainable energy…
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Jamie Shaw, CEO, Shawton Energy
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We speak with Jamie Shaw, CEO of Shawton Energy, a leader in delivering large-scale commercial solar energy solutions to businesses across various sectors. With almost three decades of experience in the renewable energy industry, Shawton Energy has helped companies like DHL, Princes, and Hilton transition to greener, more sustainable energy…
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GSK shares jump after settlement of 80,000 Zantac lawsuits in U.S By Reuters
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(Reuters) – GlaxoSmithKline shares rose 6 percent on Thursday after the British drugmaker agreed to pay up to $2.2 billion to settle lawsuits in the United States alleging that the discontinued heartburn drug Zantac causes cancer. The agreement, announced on Wednesday, was well below some analysts’ estimates, including JPMorgan’s forecast…
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Bitcoin Price Fails At MA-200, Is A Crash To $52,000 Coming?
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This article is also available in Spanish. In its wake Short term over $66,000Bitcoin’s price decline has placed it below multiple important levels. This allowed the bears to flourish as they regained control of the largest cryptocurrency by market cap once again. So far, as Bitcoin price looks towards some…
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Bitcoin Price Fails At MA-200, Is A Crash To $52,000 Coming?
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This article is also available in Spanish. In its wake Short term over $66,000Bitcoin’s price decline has placed it below multiple important levels. This allowed the bears to flourish as they regained control of the largest cryptocurrency by market cap once again. So far, as Bitcoin price looks towards some…
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Lagging UK Stock Market Falling Behind Canada in Value Ranks
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Breadcrumb links BMN Business The UK stock market lags behind Canada in terms of the value of listed companies, dealing another blow to London’s flagging stock market, which has been overshadowed by rising stock exchanges such as India’s in recent years. Article writer: Bloomberg News Geoffrey Morgan, Stephanie Hughes and…
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Dollar hits 10-week high vs yen as Fed easing bets ebb ahead of CPI By Reuters
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Written by Kevin Buckland TOKYO (Reuters) – The U.S. dollar rose to a 10-week high against the yen on Thursday as markets grew more confident about the Federal Reserve’s patient approach to further monetary easing, even as a key inflation report was due later. today. The index, which measures the…
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Bitcoin Supply ‘Is Held By Confident Holders’ – Metrics Hint At Bullish Outlook
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After weeks of high volatility and uncertainty, Bitcoin has now reached a turning point. The recent Federal Reserve interest rate cut, coupled with the escalating conflict between Iran and Israel, has led to erratic price movements, leaving traders navigating an anxiety-filled landscape. Despite this turbulent environment, key data from CryptoQuant…
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Aptar Pharma buys Israeli drug delivery co SipNose
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The Yokneam-based company has developed an intranasal drug delivery system to precisely target areas of the nasal cavity to enable systemic, local or even direct delivery to the brain. American drug delivery company Aptar Pharma announced the acquisition of the device technology assets of an Israeli company SipNose nasal delivery…
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Chart Art: WTI Crude Oil (USOIL) Triangle Resistance Bounce
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Are crude oil bears about to stay in the game longer? A look at the daily time frame of the energy commodity shows a large bearish triangle pattern that has been in place since November of last year. WTI (USOIL) daily Chart by TradingView Earlier this week, we looked at…
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Will Bears Take Over or Bulls Fight Back?
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Ayush Jindal, one of the prominent figures in the world of financial markets, has more than 15 years of brilliant experience in the fields of forex and cryptocurrency trading. Known for his unparalleled proficiency in delivering technical analysis, Ayush is a trusted advisor and top market expert to investors around…
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Will Bears Take Over or Bulls Fight Back?
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Ayush Jindal, one of the prominent figures in the world of financial markets, has more than 15 years of brilliant experience in the fields of forex and cryptocurrency trading. Known for his unparalleled proficiency in delivering technical analysis, Ayush is a trusted advisor and top market expert to investors around…
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NCDRC Rules Banks are not Responsible for Non Insurance of Hypothecated Goods
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National Consumer Disputes Redressal Commission ne yeh decide kiya hai ki bank hypothecated goods ka insurance na hone par zimmedar nahi hote. Mr. Subhash Chandra aur Dr. Sadhna Shanker ke leadership mein commission ne yeh kaha ki insurance karwana complainant (is case me borrowers) ki responsibility hoti hai, na ki…
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Israel says eliminates Hezbollah ‘Golan Heights’ member, Syrian media report Israeli airstrikes By Reuters
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Written by James McKenzie and Taimur Azhari JERUSALEM/BEIRUT (Reuters) – The Israeli military said it had eliminated a member of the Hezbollah group in Syria who was transmitting intelligence against Israel in the Israeli-occupied Golan Heights, while Syrian media reported on Thursday that Israeli air strikes had hit targets in…
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US inflation the main event in the day ahead
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Core US CPI YoY (%) So, what did I miss? The dollar remained well positioned over the past week as traders agreed to price in the Fed’s 25 basis point interest rate cut for November now. The soft landing scenario seems more and more certain every day. The odds of…
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NFT Market Down 92%, Analyst Thinks This Is The Best Time To Invest
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NFTs dominated the headlines from late 2020 throughout 2021 before peaking in early 2022. By November 2020, global NFT sales reached around $8 million. NFT market down 92% from January 2022 peaks: is it the best time to invest? However, approximately 13 months later, this amount had risen to more…
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Palantir’s Shyam Sankar Says AI Is Experiential And If You Pay Consultants To Help You Think About Deployment ‘You’re Just Lighting Money On Fire’
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Shyam Sankar of Palantir says AI is experimental and if you pay consultants to help you think about deployment “you’re just lighting money on the fire.” Palantir Technologies Inc (NYSE:PLTR) shares have been on a tear ever since The company has been added to the S&P 500 index. The stock’s…