Category: control
-
Tycoon Who Bungled Korea Zinc’s Share Sale Fights for Control
•
Breadcrumb links BMN Business The new office of Korea Zinc Corporation in downtown Seoul greets visitors with a large bust of the current Chairman’s grandfather. But conspicuously absent is the friend with whom he started the metal empire more than seven decades ago — and whose family is now trying…
-
Hospital Landlord MPT Seeks Control of California Entities
•
(Bloomberg) — Medical Properties Trust Inc., one of the largest U.S. hospital owners, moved to take control of three Southern California health care entities after the owner — Prospect Medical Holdings — was accused of defaulting on debt. Most read from Bloomberg MPT has requested the resignation of board members…
-
Bitcoin’s Market Dominance Rises To 60%, Is BTC Poised For Even Greater Control?
•
Both retail and Institutional adoption Interest in Bitcoin continues to see notable growth following the recent surge in prices over the past week, which has led to a significant rise in BTC’s dominance over other crypto assets in the market. Bitcoin’s market dominance is almost over As Bitcoin continues to…
-
El Al withdraws bid to buy control of Isracard
•
The airline says it abandoned the plan because of the short timeline set by Isracard for any deal. El Al Israel Airlines Ltd (level:Ellal) has withdrawn its bid to buy control of credit card company Isracard (TASE: ISCD). Two weeks ago, the airline made a bid to buy a controlling…
-
A New Battle Brews Over Digital Euro Control
•
Digital transformation is the way forward, and the European Central Bank has found the key: a digital euro. In development since 2021, the planned digital euro will help accelerate the region’s shift toward more secure and convenient online payments. As with cash, the ECB envisions its digital currency as widely…
-
BOC Cuts Rates by 50bps, Now Aims to Stick the Landing on Inflation Control
•
As expected in our event guide, the The Bank of Canada (BOC) cut overnight interest rates by 50 basis points from 4.25% to 3.75%. In October. This is the fourth consecutive reduction in interest rates since June. In its statement, the central bank welcomed inflation reaching the 2% target and…
-
Bitcoin Bears Lose Control As BTC Net-Taker Volume Shifts Positive
•
This article is also available in Spanish. Bitcoin has seen an impressive rally since early September, rising 31% from local lows of around $53,000. However, after testing the $69,500 supply level, the cryptocurrency is facing selling pressure. Despite this, Bitcoin remains strong, holding above the previous high of around $66,000,…
-
El Al bids to buy control of Isracard
•
El Al Israel Airlines Ltd (level:EllalAn Israeli company has offered to buy control of credit card company Isracard (TASE: ISCD) at a company valuation of NIS 3.1 billion. This is a similar offer to the one made last week to the credit card company by insurance and financing company Menora…
-
USDCAD is snapping back higher after a stronger jobs report. Buyers back in control
•
USD/CAD has been trending higher since bottoming on October 2 near 1.3472. Momentum over the past eight trading days has pushed the price to a high of 1.37826. Taking that price to the bottom of the next targeted swing zone between 1.3784 and 1.38036 (back to April 2024 – see…
-
OpenAI to remove non-profit control and give Sam Altman equity, sources say By Reuters
•
Written by Crystal Ho and Kenrick Kay SAN FRANCISCO (Reuters) – ChatGPT maker OpenAI is working on a plan to restructure its core business into a for-profit company that would not be controlled by its nonprofit board, people familiar with the matter told Reuters, a move that would make the…
-
REGULATING BITCOIN AND CRYPTO IN NIGERIA: CROSSROADS BETWEEN CAPITAL CONTROL AND FINANCIAL FREEDOM
•
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…
-
REGULATING BITCOIN AND CRYPTO IN NIGERIA: CROSSROADS BETWEEN CAPITAL CONTROL AND FINANCIAL FREEDOM
•
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…
-
Brain implant lets man control Amazon’s Alexa with his mind
•
Amazon, the tech giant behind the innovation, announced Monday that a patient with a degenerative disease was able to control the digital assistant Alexa with his mind, allowing him to stream shows and control devices using only his thoughts. Synchron, a company that develops brain-computer interfaces, said a blood vessel…
-
USDJPY moves lower after PPI data. Sellers in control.
•
US producer price index data came in largely in line with expectations, and did not change expectations for the Federal Reserve’s monetary policy decision next week, which is focused on cutting interest rates by 25 basis points. However, the USD/JPY pair has returned to the downside. This bias is contributed…
-
Ethereum Whales Increase Supply Share, Now Control 43% Of All ETH
•
On-chain data shows that Ethereum whales have continued to accumulate more cryptocurrency as their share of the supply rises. Ethereum whales now own about 43% of the total supply. In new mail On X, market intelligence platform IntoTheBlock shared an update on how Ethereum supply concentration looks at the major…
-
Ethereum Whales Increase Supply Share, Now Control 43% Of All ETH
•
On-chain data shows that Ethereum whales have continued to accumulate more cryptocurrency as their share of the supply rises. Ethereum whales now own about 43% of the total supply. In new mail On X, market intelligence platform IntoTheBlock shared an update on how Ethereum supply concentration looks at the major…
-
Is Bearish Control on the Horizon?
•
Ethereum price has declined significantly and is trading below $2,550. Ethereum may start rising again if it stays above the $2,400 support area. Ethereum started a major decline below the $2650 and $2550 levels. The price is trading below the $2,550 level and the 100-hour simple moving average. A major…
-
Is Bearish Control on the Horizon?
•
Ethereum price has declined significantly and is trading below $2,550. Ethereum may start rising again if it stays above the $2,400 support area. Ethereum started a major decline below the $2650 and $2550 levels. The price is trading below the $2,550 level and the 100-hour simple moving average. A major…
-
Prytek buys control of Israel fintech co TipRanks
•
Singapore based technology company britek Buying control of Israeli financial information company Tip Ranks The companies announced the $200 million deal this morning. Prytek will acquire a 40% stake in TipRanks from the founders, employees and some investors, and will become the controlling shareholder in the company with a total…
-
Bitcoin Bears in Control? Record Low Funding Rates on Binance Signal Market Shift
•
Meet Samuel Ideyemi, nicknamed HIM-buktu. A web3 content writer, journalist, and aspiring trader, Ideyemi is a multi-talented person. With his flair for words and sense of trends, he has written for several industry players, including AMBCrypto, Blockchain.News, Blockchain Reporter, and more. Edemi’s adventure into the world of cryptocurrencies was cinematic.…