Category: exits
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Ripple Cheers As Gary Gensler Exits SEC Leadership
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Ripple has a lot to celebrate after announcing Gary Gensler’s resignation as Chairman of the US Securities and Exchange Commission. The recent turmoil at the SEC may signal a shift in the protracted dispute between Ripple Labs and the SEC over the classification of digital currencies. XRP. Ripple’s legal team…
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Ripple Cheers As Gary Gensler Exits SEC Leadership
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Ripple has a lot to celebrate after announcing Gary Gensler’s resignation as Chairman of the US Securities and Exchange Commission. The recent turmoil at the SEC may signal a shift in the protracted dispute between Ripple Labs and the SEC over the classification of digital currencies. XRP. Ripple’s legal team…
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Boeing’s space and defense chief exits in new CEO’s first executive move By Reuters
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By Joe Brock, David Shepardson, and Tim Heffer Boeing Co said Friday the head of its embattled space and defense unit will leave the company immediately, in the first management shakeup under new CEO Kelly Ortberg. Ortberg, who took over in August, said Ted Colbert will step down and Steve…
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HSBC’s Play for Mideast Wealth Marred by Exits, Regulatory Curbs
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Breadcrumb Trail Links PMN Business At HSBC Holdings Plc, a star hire who was supposed to reinvigorate the firm’s private banking business in the Middle East is facing a reality check. Author of the article: Bloomberg News Archana Narayanan, Dinesh Nair and Ben Stupples Published Aug 16, 2024 • 7…
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Kamala Harris leads as Biden exits White House race: Political meme coins react
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Political meme coins have reacted to President Joe Biden’s decision to end his re-election bid in the 2024 US presidential election and endorse Vice President Kamala Harris as the Democratic nominee. Minutes after Biden’s announcement, the cryptocurrency market for political meme coins saw significant volatility. Kamala Horris Coin is up…
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Kamala Harris leads as Biden exits White House race: Political meme coins react
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Political meme coins have reacted to President Joe Biden’s decision to end his re-election bid in the 2024 US presidential election and endorse Vice President Kamala Harris as the Democratic nominee. Minutes after Biden’s announcement, the cryptocurrency market for political meme coins saw significant volatility. Kamala Horris Coin is up…
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AssangeDAO seeks $37m transparency as WikiLeaks founder exits Belmarsh
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As Julian Assange’s term in prison approaches the end of his term, members of a connected movement are demanding transparency about the funds being raised for his defence. Following the release of the WikiLeaks founder from Belmarsh Prison on Tuesday, the AssangeDAO token (JUSTICE) rose by more than 60% in…
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Blow as AfDB exits Nairobi waste power plant project on delays
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The African Development Bank (AfDB) has exited a multi-billion shilling renewable energy project in Nairobi’s Kibera slum due to repeated delays in the procurement of services to kick-start the project. The continental lender had in January 2018 awarded Asticom Kenya Limited a grant of $995,000 (Sh128.8 million at current exchange…
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Ark Invest exits Ether ETF race, 21Shares rebrands fund
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Cathie Wood’s Ark Investment Management has withdrawn from the race to launch an Ethereum spot trading fund (ETF), with its name removed from the application submitted to 21Shares. 21Shares has filed an updated filing for its ETF, rebranding the fund from the 21Shares Ark Ethereum ETF to the 21Shares Core…
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Australia’s Lendlease exits offshore markets to focus on local growth By Reuters
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Written by Rishav Chatterjee and Ayushmann Ojha (Reuters) – Australian developer Lendlease will divest from its overseas construction business and release up to A$4.5 billion (US$2.9 billion) of capital to shareholders, putting an end to its international ambitions to shift focus on domestic operations. Lendlease said in a statement on…