Category: giant
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Indian Power Giant Discusses Nuclear Buildout With Foreign Firms
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Bread path links PMN Business The company’s executive official said that the largest products in India, the largest energy producer in India, are holding preliminary conversations with a group of foreign technology suppliers to expand nuclear energy as the country puts its carbon removal efforts. The author of the article:…
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Supermarket giant Morrisons backs farmers as inheritance tax row lands blow to Starmer
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In a setback for Prime Minister Sir Keir Starmer, one of Britain’s largest supermarkets has announced its public support for farmers opposed to the government’s planned inheritance tax (IHT) reforms. Sophie Throop, head of farming at Morrisons, posted a video message on X (formerly Twitter) declaring the retailer’s solidarity with…
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Crypto Survival Mode? Bitcoin Mining Giant Lends 7,377 BTC Amid Operational Pressures
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Marathon Digital (MARA) is one of the largest companies in… Bitcoin Mining Space, has just unveiled a new approach to managing operations costs. In an attempt to ease financial pressures and generate returns, the company is doing this Lending 7,377 BitcoinOr about 16% of its deposits. This strategic play shows…
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Crypto Survival Mode? Bitcoin Mining Giant Lends 7,377 BTC Amid Operational Pressures
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Marathon Digital (MARA) is one of the largest companies in… Bitcoin Mining Space, has just unveiled a new approach to managing operations costs. In an attempt to ease financial pressures and generate returns, the company is doing this Lending 7,377 BitcoinOr about 16% of its deposits. This strategic play shows…
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Investment Giant Schwab Eyes Crypto As Incoming CEO Shares Insights On Digital Assets
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Investment giant and financial services company Charles Schwab appears to be looking to expand into cryptocurrencies. The move comes as the company prepares to undergo a leadership transition, with Rick Wurster poised to take over as CEO on January 1, replacing Walt Bettinger. Recently interview With Bloomberg, Wurster shared his…
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Investment Giant Schwab Eyes Crypto As Incoming CEO Shares Insights On Digital Assets
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Investment giant and financial services company Charles Schwab appears to be looking to expand into cryptocurrencies. The move comes as the company prepares to undergo a leadership transition, with Rick Wurster poised to take over as CEO on January 1, replacing Walt Bettinger. Recently interview With Bloomberg, Wurster shared his…
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Donald Trump warned not to pull out of Paris climate agreement—by the CEO of oil giant Exxon Mobil
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Donald Trump’s stunning re-election threatens to upend the business of the industry he swore to protect: Big Oil. If his incoming administration follows through with plans to once again withdraw the United States from the landmark 2015 Paris climate agreement — as a way to ease restrictions on fossil fuel…
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Widow’s illegal ‘takeover’ of giant laundry firm blocked
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The High Court has barred a widow from taking over the management of a family-owned laundry business worth Sh70 million in Nairobi. Justice Freda Mugambi said Kiran Harilal Rajput illegally declared herself a director of Capitol Laundry Limited after the death of her husband Harilal Durga Das Rajput and his…
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Wall Street Giant Morgan Stanley Bets Big On Bitcoin ETF: $272 Million Revealed
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Last January 10, 2024, the SEC finally approved Bitcoin ETF applications for 11 funds, including Fidelity, Grayscale, and Blackrock’s IBIT. Within a month, trading volume increased as more banks, funds and individual traders acquired shares. One market participant that is slowly consolidating its holdings is Morgan Stanley. Recently 13F-HR/A Filing…
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Wall Street Giant Morgan Stanley Bets Big On Bitcoin ETF: $272 Million Revealed
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Last January 10, 2024, the SEC finally approved Bitcoin ETF applications for 11 funds, including Fidelity, Grayscale, and Blackrock’s IBIT. Within a month, trading volume increased as more banks, funds and individual traders acquired shares. One market participant that is slowly consolidating its holdings is Morgan Stanley. Recently 13F-HR/A Filing…
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FinCEN Slams US Banking Giant with $3B Penalty—What Went Wrong?
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TD Bank, one of the largest financial institutions in the United States, has come under intense scrutiny in the cryptocurrency space after suffering the largest penalty ever imposed under the Bank Secrecy Act (BSA). The $3.09 billion fine stems from allegations of failure to report suspicious activity, including significant transactions…
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SpaceX catches giant Starship booster in fifth flight test By Reuters
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Written by Joey Roulette (Reuters) – SpaceX on its fifth Starship test flight on Sunday returned the rocket’s towering first stage booster to a launch pad in Texas for the first time using giant metal arms, achieving another new engineering feat in the company’s quest to build a reusable moon.…
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Japanese Giant SBI Unveils NFTs On XRP Ledger And Polygon
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SBI Digital Community Co., Ltd., a subsidiary of Japanese financial group SBI Holdings, announced the public sale of its inaugural “Crypto Canvas Collection” NFTs on Polygon and XRP Ledger. The sale is scheduled to take place from October 12 to October 14, 2024, and will be conducted through “Bto3 ~Web3…
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Equinor acquires $2.5 billion stake in Danish wind giant Orsted
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Equinor ASA has taken a $2.5 billion stake in Danish wind energy giant Orsted A/S, merging one of the Nordics’ largest fossil fuel companies with its largest renewable energy developer. The deal with Equinor represents one of the most notable endorsements for the beleaguered offshore wind industry in years, just…
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Euston turns off giant billboard after commuter backlash over missing passenger information
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Euston railway station has switched off its giant billboards following protests from passengers who criticized the replacement of passenger biometric information screens. This decision comes after mass cancellations of Avanti West Coast trains left thousands of passengers frustrated and confused in the crowded station lobby. Transport Minister Louise Hay intervened,…
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Crypto Giant Gains Full Regulatory Green Light
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Binance has just reached an important milestone by securing regulation Approval to work fully in Argentina. This milestone marks the company’s 20th global regulatory approval, allowing it to expand its services in a region that is seeing increasing demand for cryptocurrencies. With this registration, Binance can now offer its full…
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Crypto Giant Gains Full Regulatory Green Light
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Binance has just reached an important milestone by securing regulation Approval to work fully in Argentina. This milestone marks the company’s 20th global regulatory approval, allowing it to expand its services in a region that is seeing increasing demand for cryptocurrencies. With this registration, Binance can now offer its full…
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Is ‘Green’ Bitcoin Mining The Future? Japanese Power Giant Thinks So
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Tokyo Electric Power Company is evaluating Getting into Bitcoin Mining Through its wholly owned subsidiary, Agile Energy X. The basic idea here is to make use of the excess renewable energy that is going to waste. To make the most of this waste, Tokyo Electric Power Company seeks to develop…
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Is ‘Green’ Bitcoin Mining The Future? Japanese Power Giant Thinks So
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Tokyo Electric Power Company is evaluating Getting into Bitcoin Mining Through its wholly owned subsidiary, Agile Energy X. The basic idea here is to make use of the excess renewable energy that is going to waste. To make the most of this waste, Tokyo Electric Power Company seeks to develop…
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Luca Maestri to step down as Apple CFO after a decade of huge growth at the iPhone giant
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Apple’s longtime CFO Luca Maestri will step down at the end of the year, handing the role to his senior vice president Kevan Barrick after more than a decade. Parikh, 52, will take over as CFO on Jan. 1, in what Apple called a “planned succession.” The company said Monday…