Category: Huge
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It’s a huge day coming up in Asia on Friday – Japan CPI, PBOC rate setting, BOJ meeting
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Japan’s national CPI data for August is due out on Friday. We got the Tokyo CPI data for August, which came in higher than July: Tokyo area inflation data for August: 2.6% y/y (2.2% previously) The Bank of Japan statement comes a few hours later. No change in interest rates…
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Court rules against Coca-Cola Israel in huge tax dispute
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The Central Bottling Company (Coca-Cola Israel), which exclusively markets Coca-Cola products in Israel, has been dealt a severe blow and will be forced to pay hundreds of millions of shekels to the Israeli Tax Authority. The Tel Aviv District Court rejected the company’s appeals against the tax assessment issued by…
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Trump crypto venture WLFI is a ‘huge mistake,’ investor says
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The Trump family’s latest business venture — originally launched as a DeFi platform called “The Defiant Ones,” but since rebranded as World Liberty Financial — is fraught with controversy just days after it was unveiled. While Trump’s eldest sons, Eric Trump and Donald Trump Jr., are “ambassadors” for World Liberty…
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Tenders issued for huge Jerusalem office projects
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Earlier this week, the first step was taken to build three new mega-projects in Jerusalem, including 300,000 square meters of government office space. Tenders issued by the Finance Ministry’s Accountant General’s Office and the Government Assets Management Authority target the financing, design, planning, construction and maintenance of the Har Hotzvim…
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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…
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Litecoin And Dogecoin Whales Move Huge Amounts Of Coins
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The cryptocurrency industry has seen a significant spike in activity among large cryptocurrency holders, often referred to as “whales,” over the past few weeks. This level of engagement has been revealed by on-chain transaction data, which has shown multiple instances of large cryptocurrency movements to and from exchanges. Related reading…
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Litecoin And Dogecoin Whales Move Huge Amounts Of Coins
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The cryptocurrency industry has seen a significant spike in activity among large cryptocurrency holders, often referred to as “whales,” over the past few weeks. This level of engagement has been revealed by on-chain transaction data, which has shown multiple instances of large cryptocurrency movements to and from exchanges. Related reading…
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Is Donald Trump Jr.’s ‘huge’ announcement a RWA project?
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Donald Trump Jr. and Eric Trump, the sons of former US President Donald Trump, have announced a “huge” announcement is imminent, and one analyst says it could be in the real-world asset market. Both Trump Jr. and Eric Trump pointed to a new development in the decentralized finance space, and…
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Amazon’s Jassy sees ‘huge potential’ in AWS as genAI ‘going to get big fast’ (AMZN)
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Amazon (NASDAQ:AMZNMixed second-quarter results coupled with weak guidance may have spooked investors and sent shares sharply lower after-hours, but the growth potential of Amazon Web Services, or AWS, and the company’s intention to capitalize on remaining earnings Increasing market share in cloud computing should encourage investors. “Amazon had a decent…
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S&P 500, Nasdaq gain to kick off huge week for markets
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U.S. stocks rose after temporarily turning negative on Monday to start a big week filled with the Federal Reserve’s interest rate decision, a jobs report and big tech earnings. The Dow Jones Industrial Average (^IXIC) recovered from earlier losses to hover near the equator, after the blue-chip index surged more…
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What will become of SolarEdge’s huge new campus?
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In 2021, when SolarEdge (Nasdaq: SEDG) was at its peak, it signed a massive deal with the Azrieli Group (TASE: AZRG) to build and lease an office campus near Cinema City at the Glilot Junction, where Tel Aviv, Herzliya and Ramat Hasharon meet. Now, as the company struggles with its…
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Morocco becomes huge customer for Israel’s defense industry
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yesterday Israel Aerospace Industries Israel Aerospace Industries (IAI) has announced a $1 billion, five-year deal with an unnamed third party. Foreign media reported that the deal relates to satellites first announced last year. The presence of IAI CEO Amir Peretz in Morocco when the deal was announced also bolstered the…
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Nvidia AI chips are a ‘huge bottleneck’ but that doesn’t mean regulatory action, EU says
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Margrethe Vestager, head of the European Union’s competition commission, has warned of a “massive bottleneck” in Nvidia Corporation AI chips are among the available supplies, but regulators are still deciding whether there’s anything to do about it. “We have asked them questions, but these are just preliminary questions,” she told…
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ForexLive Asia-Pacific FX news wrap: EUR/USD gapped higher (not a huge gap)
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The Chinese President says he is ready to work with Australia European Central Bank President Lagarde speaks on Monday Bitcoin is back above $63,500 China Caixin Manufacturing PMI June 2024 51.8 (FX: 51.2, Previous: 51.7) Australian Special Inflation Survey, June 2024: +0.3% m/m (previously +0.3%) Roaring Kitty sued for securities…
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ForexLive Asia-Pacific FX news wrap: EUR/USD gapped higher (not a huge gap)
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The Chinese President says he is ready to work with Australia European Central Bank President Lagarde speaks on Monday Bitcoin is back above $63,500 China Caixin Manufacturing PMI June 2024 51.8 (FX: 51.2, Previous: 51.7) Australian Special Inflation Survey, June 2024: +0.3% m/m (previously +0.3%) Roaring Kitty sued for securities…
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Schools need to act now to avoid huge tax liabilities in the future
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A leading VAT expert has called on private schools to review the accounting treatment of pre-paid school fees to avoid huge tax charges later. This comes after news that Labour is planning to introduce measures to combat disruption over proposed VAT legislation for private schools. This would see the party…
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Stocks held by ARK Invest’s flagship innovation fund have seen huge losses. Here are the fund’s 10 biggest losers.
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Photo by Marco Bello/Getty Images Ark Invest’s leading ETFs are experiencing huge losses, with individual holdings falling by as much as 93%. The fund’s performance has significantly underperformed the broader stock market, and only one of its top 10 holdings is in the green. These are the top 10 losing…