Category: cash
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Avid Bioservices to be acquired for $1.1B in cash by GHO, Ampersand (NASDAQ:CDMO)
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Maxim Labkowski AVID Vital Services (Nasdaq: CDMO) to be acquired through funds managed by GHO Capital Partners and Ampersand Capital Partners through a cash deal valuing the company at approximately $1.1 billion. Under the deal, GHO and Ampersand will acquire all of Avid’s (CDMO) outstanding shares for $12.50 per share…
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Avid Bioservices to be acquired for $1.1B in cash by GHO, Ampersand (NASDAQ:CDMO)
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Maxim Labkowski AVID Vital Services (Nasdaq: CDMO) to be acquired through funds managed by GHO Capital Partners and Ampersand Capital Partners through a cash deal valuing the company at approximately $1.1 billion. Under the deal, GHO and Ampersand will acquire all of Avid’s (CDMO) outstanding shares for $12.50 per share…
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Tornado Cash Co-Founder Trial Adjourned Until April 2025
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In the latest development in the ongoing trial of Tornado Cash co-founder Roman Sturm, the presiding judge has postponed the long-awaited trial until April 2025. This decision will see money laundering and sanctions violation charges against the cryptocurrency developer continue until at least the next five months. Mandamus Petition’s trial…
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Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock
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Breadcrumb links PMN BMN Business Article writer: Associated Press Josh Funk Published on November 02, 2024 • Last updated 2 hours ago • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – Contributor Tina Schmidt of…
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AI is being used to send some households cash relief payments
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Nearly 1,000 hurricane-impacted families in North Carolina and Florida will benefit this week from a new disaster assistance program that uses a model not commonly used in charity in the United States: giving people quick, direct cash payments. The nonprofit GiveDirectly plans to send $1,000 payments on Friday to some…
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Parliament, KRA owe Kenya Airways Sh3.5 bn in air tickets cash
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The national airline has revealed that Parliament, the Ministry of Foreign Affairs and the Kenya Revenue Authority (KRA) owe Kenya Airways Sh3.54 billion. Kenya Airways CEO Allan Kilavuka told the Senate Roads, Transport and Public Works Committee that it is also seeking government assistance in repatriating funds stuck in various…
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Parliament, KRA owe Kenya Airways Sh3.5 bn in air tickets cash
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The national airline has revealed that Parliament, the Ministry of Foreign Affairs and the Kenya Revenue Authority (KRA) owe Kenya Airways Sh3.54 billion. Kenya Airways CEO Allan Kilavuka told the Senate Roads, Transport and Public Works Committee that it is also seeking government assistance in repatriating funds stuck in various…
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Vitalik Buterin Donates 100 ETH To Tornado Cash Campaign Following Memecoin Offload
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Ethereum (ETH) co-founder Vitalik Buterin received a lot of applause by donating a large amount of assets to the legal aid of Tornado Cash developers. It is worth noting that this action comes after the prominent cryptocurrency figure attracted the attention of the market through a large-scale sale of his…
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Tornado Cash At Center Of $287 Million Laundered In Q3: High-Profile Anomalies Exposed
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The ongoing legal saga surrounding Tornado Cash, a cryptocurrency mixing service, has intensified, with its founders facing serious allegations of facilitating large-scale money laundering. The US Department of Justice has charged Roman Storm and Roman Semenov with running a facility that allegedly helped launder more than $1 billion in illicit…
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Tornado Cash At Center Of $287 Million Laundered In Q3: High-Profile Anomalies Exposed
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The ongoing legal saga surrounding Tornado Cash, a cryptocurrency mixing service, has intensified, with its founders facing serious allegations of facilitating large-scale money laundering. The US Department of Justice has charged Roman Storm and Roman Semenov with running a facility that allegedly helped launder more than $1 billion in illicit…
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Cash flow crisis drags down private sector activity
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Kenya’s private sector activity deteriorated marginally in September due to persistent cash flow challenges affecting production and demand for goods and services, results of a monthly survey showed on Thursday. The Kenya Stanbic Purchasing Managers’ Index (PMI), which measures the performance of key private sector indicators such as production, new…
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Prospera Energy Inc. Announces Cash Flow Optimization
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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: Published on October 3, 2024 • 4 minutes…
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Tornado Cash Loses Motion to Dismiss
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Judge in Tornado Cash Case He issued an oral ruling today, denying both the defense’s motion to compel discovery and their motion to dismiss the charges. This represents a major setback for the defense, and the judge’s reasoning may not bode well for developers and projects moving forward. Motion to…
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Tornado Cash Loses Motion to Dismiss
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Judge in Tornado Cash Case He issued an oral ruling today, denying both the defense’s motion to compel discovery and their motion to dismiss the charges. This represents a major setback for the defense, and the judge’s reasoning may not bode well for developers and projects moving forward. Motion to…
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Reserve Bank of Australia Holds the Cash Rate at 4.35%
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The Reserve Bank of Australia today left its cash rate target unchanged at 4.35%, sticking to its hawkish stance on inflation while acknowledging economic uncertainty. The decision was widely expected by market participants, as explained and forecasted in Babypips.com’s event guide. Key points from the RBA statement: Inflation remains above…
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Harris gets Wall Street cash while Musk, crypto back Trump
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Donors from Wall Street, Silicon Valley and Hollywood helped boost donations to Vice President Kamala Harris in August, helping Democrats build a $109 million cash advantage over Republican Donald Trump ahead of the most expensive period of the presidential election, the latest filings with the Federal Election Commission show. While…
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Bitcoin Cash Price Jumps 15%: Is This Just the Beginning of More Gains?
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Bitcoin Cash price started a significant rise above the $320 resistance level. Bitcoin Cash is consolidating and could target further gains above the $350 resistance level. Bitcoin Cash price started a fresh rally above $330. The price is trading above the $335 level and the 100-hour simple moving average. A…
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Bitcoin Cash Price Jumps 15%: Is This Just the Beginning of More Gains?
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Bitcoin Cash price started a significant rise above the $320 resistance level. Bitcoin Cash is consolidating and could target further gains above the $350 resistance level. Bitcoin Cash price started a fresh rally above $330. The price is trading above the $335 level and the 100-hour simple moving average. A…
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Mbadi taskforce to verify claims of Sh90bn unremitted county pension cash
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Treasury Minister John Mbadi is setting up a team to investigate allegations that an estimated Sh90.3 billion in county employees’ retirement savings have not been transferred to directors’ schemes. The Australian Superannuation Commission, the industry regulator, said the accumulated money was deducted from the payrolls of workers in decentralised units…
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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…