Category: Capital
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Ninepoint Partners Announces Final Close After Reaching Maximum Deal Size on 2024 Short Duration Flow-Through Limited Partnership II Capital Raise
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on October 17, 2024 • 3 minutes…
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Capital Daily sees further GBP decline amid BoE policy stance By Investing.com
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The British pound on Thursday saw a significant decline, which Capital Daily analysts attribute to a combination of factors including the Bank of England’s (BoE) dovish monetary policy outlook, the currency’s high valuation, and extended speculative positions. The pound’s more than 1% drop against both the US dollar and the…
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Wealthy investors flock to start-ups for tax breaks amid looming capital gains tax raid
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Wealthy investors are increasingly turning to startups to ease their tax burdens, especially with a potential capital gains tax hike looming in the next Budget. Investment in SEISs rose 250% between July 4 and September 16 this year, according to Wealth Club, as savers hope to reduce their CGT liabilities…
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UBS chair warns against big increase in capital requirements, newspaper reports By Reuters
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ZURICH (Reuters) – UBS President Colm Kelleher warned on Sunday that Swiss government plans to boost capital requirements for major banks could harm the country’s position as a financial centre. The government earlier this year laid out plans to tighten capital requirements on UBS and the other three big banks…
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Next CEO sells £29m stake as capital gains tax reforms loom under Reeves
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Next chief executive Lord Wolfson has sold a £29m stake in the retail giant ahead of potential changes to the capital gains tax (CGT) regime, expected in Chancellor Rachel Reeves’ first Budget next month. New filings reveal that the conservative peer offloaded 290,000 shares between Friday and Tuesday, valuing its…
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Smartsheet stock sees target raised by RBC Capital, acquisition by Blackstone and Vista valued at $8.4B By Investing.com
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On Wednesday, RBC Capital revised its price target to Smart Sheet Company (NYSE: NYSE: ) stock, raising it to $56.50 from a previous target of $51.00. The firm maintained a sector perform rating on the stock. The revision comes on the heels of Smartsheet’s announcement that it has entered into…
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Saba Capital Management buys BlackRock innovation & growth shares worth $892k By Investing.com
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Saba Capital Management, LP, a major shareholder in BlackRock (NYSE:) Innovation & Growth Term Trust (NYSE:BIGZ), recently increased its stake in the company by purchasing shares for an approximate value of $892,781. The transaction occurred on September 23, 2024, and involved the acquisition of 118,879 shares at a price of…
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REGULATING BITCOIN AND CRYPTO IN NIGERIA: CROSSROADS BETWEEN CAPITAL CONTROL AND FINANCIAL FREEDOM
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The rise of Bitcoin and digital assets has sparked a classic battle, with governments acting as watchful hawks, trying to control a fast and elusive technology like a deer darting across a decentralized savanna. In Nigeria, this struggle is as tangled as the dense foliage of a forest, with regulators…
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REGULATING BITCOIN AND CRYPTO IN NIGERIA: CROSSROADS BETWEEN CAPITAL CONTROL AND FINANCIAL FREEDOM
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The rise of Bitcoin and digital assets has sparked a classic battle, with governments acting as watchful hawks, trying to control a fast and elusive technology like a deer darting across a decentralized savanna. In Nigeria, this struggle is as tangled as the dense foliage of a forest, with regulators…
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Capital Economics sees rough year ahead for Mexican assets By Investing.com
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Capital Economics has Expected poor performance The Mexican peso and broader financial assets are expected to decline in the coming year due to political and economic instability. The peso, which has recently fallen about 15% against the dollar since early April, is still seen as overvalued despite its sharp decline…
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Big Lots sells business to Nexus Capital as it begins bankruptcy proceedings By Reuters
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Big Lots Inc., a U.S. discount home goods retailer, said Monday it has secured $707.5 million to shore up its operations and sold its business to private equity firm Nexus Capital as it begins Chapter 11 bankruptcy proceedings. Big Lots listed its assets and liabilities in the range of $1…
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Landlords rush to sell amid fears of capital gains tax hike
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The proportion of rental properties entering the sale market has reached a record high, driven by landlords’ concerns about a potential rise in capital gains tax in the upcoming Budget, according to property website Rightmove. Currently, 18% of properties previously listed for sale have been rented, compared with just 8%…
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Proposals to tax unrealized capital gains would ‘kill the stock market,’ billionaire investor Mark Cuban says
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Brendan Smialowski/Getty Images Mark Cuban said taxing unrealized capital gains would “kill the stock market.” President Joe Biden has proposed imposing a tax on unrealized gains for people with more than $100 million. Kamala Harris is unlikely to support Biden’s plan, Cuban said. Billionaire investor Mark Cuban said any proposal…
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Crypto Firm Galois Capital Faces $200K Fine From US SEC For ‘Investor Violations’
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Ronaldo is an experienced crypto enthusiast who is dedicated to this emerging and ever-evolving industry. With over five years of intensive research and tireless dedication, he has developed a deep interest in the world of cryptocurrencies. Ronaldo’s journey began out of curiosity, which soon turned into a deep passion to…
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Bitcoin (BTC) Stumbles Below $60,000 As Data Shows Slowing Net Capital Inflows
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Bitcoin (BTC) is currently trading below $60,000 after experiencing a period of volatility and a significant 11% correction from its peak of $65,103 last Sunday. This sharp decline reflects the growing uncertainty and fear that is prevailing in the market. Recent key data from Glassnode reveals a worrying slowdown in…
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Donald Trump teases US ‘crypto capital of the planet’ plan
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Former President Donald Trump has announced his intention to make the United States a global hub for cryptocurrencies if elected. On August 29, Trump stated that he would be rolling out his plan to ensure that America becomes the “crypto capital of the planet” as blockchain technology and digital assets…