Category: group
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How Kirubi group exit sparked Old Mutual shareholder battle
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Three Kenyan billionaires – James Mogiye, the late Chris Kirby and Joe Wangui – have controlled UAP Holdings for years, which has paid them huge dividends from years of consistent profitability. The money tycoons also made billions of dollars from calculated stock sales that left a bad taste in the…
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the driving force behind Evolve Business Group
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In a landscape where technology is evolving at breakneck speed, Alan Stephenson-Brown, CEO of Evolve Business Group combines innovative IT solutions with a commitment to simplicity and security. Since 2005, Evolve has been on a mission to transform the connectivity of multi-site businesses across various sectors, offering bespoke end-to-end IT…
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Circle Accused Of Cashing In On Lazarus Group Cyberattack
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According to blockchain researcher ZachXBT, Circle was making money from transactions aligned with the notorious North Korean hacking group Lazarus Group, a serious accusation leveled against the company. This claim comes after an incident that occurred circle It took more than four months to delay the blacklisting of funds linked…
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Samsung India strike puts spotlight on powerful Indian labour group By Reuters
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Written by Monsef Vengatil and Praveen Paramasivam CHENNAI (Reuters) – A strike by workers in India that has disrupted production at a Samsung plant has put the spotlight on a politically backed labour group that has quietly rallied the South Korean company’s employees and is now planning to expand its…
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Britain’s Rightmove rejects $7.3 billion takeover offer from Murdoch’s REA Group By Reuters
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By Scott Murdoch and Aditya Govindrao SYDNEY (Reuters) – Britain’s biggest property portal Rightmove has rejected its offer to buy the Australian property listings company for 5.6 billion pounds ($7.32 billion) in cash and shares, the Australian property listings company Ria Group said on Wednesday. REA, in which Rupert Murdoch’s…
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This Group Of Bitcoin Holders Have Suffered The Most From The Price Crash
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the Bitcoin (BTC) price drops sharplyBitcoin, the world’s largest cryptocurrency, has been causing huge losses for its holders in the short term. Recent reports have revealed that many Bitcoin holders are now in a bad situation, suffering losses due to Cryptocurrency price collapse And the continuous fluctuations in the market.…
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Lufthansa Group announces resumption of Israel flights
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The Lufthansa Group, which includes Lufthansa Airlines, Austrian Airlines, Brussels Airlines, Swiss International Air Lines and Eurowings, announced that it will resume flights to and from Israel starting September 5, after a hiatus of more than a month. The group operates several flights to various destinations in Europe. Following the…
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REA group eyes £4.4bn takeover bid for Rightmove
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Australian property giant REA Group, backed by Rupert Murdoch’s News Corp, is considering a £4.4bn bid to buy Rightmove, the UK’s leading online property portal. REA Group, listed on the Australian Securities Exchange, operates prominent real estate platforms such as realestate.com.au in Australia, and is expanding into markets across Asia,…
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Hilbert Group Partners with Xapo Bank to Launch $200 Million Bitcoin Hedge Fund
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Hilbert Capital, a division of Hilbert Group AB, has entered into a significant partnership with Xapo Bank to manage a new Bitcoin hedge fund, according to a press release sent to Bitcoin Magazine. The fund is expected to receive over $200 million in seed capital from Xapo Bank and other…
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Hilbert Group Partners with Xapo Bank to Launch $200 Million Bitcoin Hedge Fund
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Hilbert Capital, a division of Hilbert Group AB, has entered into a significant partnership with Xapo Bank to manage a new Bitcoin hedge fund, according to a press release sent to Bitcoin Magazine. The fund is expected to receive over $200 million in seed capital from Xapo Bank and other…
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Xapo Bank teams up with trading firm Hilbert Group to launch $200m Bitcoin fund
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Hilbert Group partners with Xapo Bank to launch a Bitcoin-denominated hedge fund with an expected capitalization of over $200 million. Quantitative investment firm Hilbert Group has announced a strategic partnership with crypto-friendly Xapo Bank to manage a new Bitcoin-denominated hedge fund. On August 27 press releaseThe Stockholm-based firm said the…
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Tshuva’s Elad Group buys Manhattan building for $72m
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Yitzhak Tshuva plans to convert a midtown Manhattan office building into apartments. Privately held US real estate firm Elad Group has bought an office building that houses co-working space WeWork, which is in bankruptcy proceedings, according to reports in New York. Elad Group paid $72 million for the building, The…
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Major corporations return to CBI as lobby group rebuilds after misconduct scandal
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The Confederation of British Industry, which faced a mass exodus of members and severe financial difficulties after the allegations emerged in April 2023, has taken major steps to restore its standing. The group has cut a third of its staff, closed its international offices and overhauled its management structure. These…
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Sony Group Introduces Ethereum Layer-2 Blockchain Soneium
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Sony Group, in partnership with Stratel, has launched Soneium, a public layer 2 blockchain based on Ethereum. The development is part of Sony’s strategic expansion into the blockchain ecosystem, leveraging its extensive distribution networks in entertainment, gaming, finance, and electronics. Soneium aims to integrate Web3 technologies into everyday consumer applications,…
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Hesai Group maintains lead in LiDAR market, eyes profitability By Investing.com
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During its second quarter 2024 earnings conference call, Hesai Group, a leading automotive LiDAR technology company, showcased its robust market position and strategic advancements. The company, which trades under the ticker symbol HSAI, reported significant design wins and partnerships, projecting an optimistic outlook for future profitability and market expansion. Hesai’s…
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Bitwise Takes Over ETC Group – Home To Europe’s Largest Bitcoin Fund
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In a strategic move to expand its presence in Europe and the broader crypto industry, asset management and exchange-traded fund (ETF) firm Bitwise Investment has struck a deal to acquire ETC Group, a major Cryptocurrency source Headquartered in London. Bitwise Doubles Down on Institutional Bitcoin Efforts While the specific terms…