Category: Million
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NZ’s Auckland Intl Airport to raise $861.8 million, signs contract to build new terminal By Reuters
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(Reuters) – New Zealand’s Auckland International Airport said on Monday it would raise NZ$1.4 billion ($861.8 million) for a planned capital investment programme. The company said the share raising consists of a NZ$1.2 billion underwritten offering and an unsubscribed retail offering to raise up to NZ$200 million. The stock was…
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Crypto Millionaire Loses $43 Million In Trading Bet, Rakes Up $132 Million In Debt
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The cryptocurrency industry is known for its volatility and high-risk trading, which can turn disastrous if not managed properly, even for highly experienced crypto traders. One such loss is the case of millionaire James Fickell, who suffered a huge loss in 2011. Bold bet on Ethereum He inflicted heavy losses…
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US committed to Bangladesh’s economic growth, to give $202 million more in aid By Reuters
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Written by Roma Paul DHAKA (Reuters) – The United States is committed to supporting inclusive economic growth, institution building and development in Bangladesh and will provide an additional $202 million in aid, a U.S. mission said on Sunday during a visit to Dhaka. The six-member delegation, led by Treasury Under…
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Tyler Technologies CFO sells over $1.46 million in company stock By Investing.com
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In a recent move, Brian K. Miller, Executive Vice President and Chief Financial Officer of Tyler Technology Inc. Miller Inc. (NYSE:) sold a large amount of the company’s stock. According to the latest filing, Miller sold a total of 2,500 shares at an average price of $585.57 to $587.54, bringing…
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Two million self-employed workers face pension crisis, warns IFS
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The Institute for Fiscal Studies has warned that nearly two million self-employed workers in the UK face an imminent pension crisis due to insufficient savings. The latest report reveals that only 500,000 self-employed people earning more than £10,000 a year contribute to a pension, leaving 1.8 million people with no…
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Four million pensioners face council tax hike as single-person discount under threat
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Millions of pensioners living alone could face higher council tax bills if Housing Minister Angela Rayner scraps the 25% single occupant discount, potentially exacerbating financial pressures as they also face losing winter fuel payments. The analysis reveals that around half of the 8.4 million people affected by the potential abolition…
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Stellantis-owned Chrysler to recall about 1.2 million vehicles, US regulators say By Reuters
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Stellantis-owned Chrysler is recalling about 1.2 million vehicles in the United States because of a software defect in the anti-lock braking system that could increase the risk of a crash, the National Highway Traffic Safety Administration said Saturday. The regulator said the 1,227,808 vehicles being recalled by Stellantis Inc. (NYSE:STELLANTIS)…
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U.S. Spot Bitcoin ETFs See Record $287 Million in Outflows, Except BlackRock
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US exchange-traded funds saw a massive outflow of funds, with $287.8 million withdrawn from listed ETFs yesterday, marking the largest single-day outflow since May 1, according to data from Farside Investors. RevealsAccording to Arcam data, the only ETF that did not see withdrawals was BlackRock, which reported no outflows. Eight…
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U.S. Spot Bitcoin ETFs See Record $287 Million in Outflows, Except BlackRock
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US exchange-traded funds saw a massive outflow of funds, with $287.8 million withdrawn from listed ETFs yesterday, marking the largest single-day outflow since May 1, according to data from Farside Investors. RevealsAccording to Arcam data, the only ETF that did not see withdrawals was BlackRock, which reported no outflows. Eight…
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Crescent Energy Announces Pricing of $250 Million Private Placement of Additional 7.375% Senior Notes Due 2033 By Investing.com
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HOUSTON – (Business): Crescent Energy Corporation (NYSE: CRGY) (we or our) today announced that its indirect subsidiary, Crescent Energy Finance LLC (the Issuer) has priced its previously announced private offering pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), to qualified…
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Crypto Losses Fall To $15 Million In August
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In August 2024, the crypto ecosystem saw its lowest monthly losses this year. However, this development, which could be very encouraging for potential investors, is accompanied by increasing losses since the beginning of the year (YTD), indicating that the emerging industry could record even greater losses to bad actors in…
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Billionaire Buffett again sells BofA shares worth about $845 million By Reuters
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(Reuters) – Warren Buffett’s Berkshire Hathaway Inc has further reduced its stake in Bank of America Corp by selling about $845 million in shares, a regulatory filing showed on Friday. The group run by one of the world’s most respected investors has sold more than $6 billion worth of shares…
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Coinbase’s Base Blockchain Surpasses 1 Million Daily Active Addresses, Outpacing Competitors
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Base, a layer 2 blockchain built on the Ethereum Virtual Machine (EVM), has reached a significant milestone – surpassing 1 million daily active addresses. The cryptocurrency landscape has undergone a remarkable transformation in recent times, with innovative blockchain solutions such as Core Network These networks emerged to meet the growing…
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Coinbase’s Base Blockchain Surpasses 1 Million Daily Active Addresses, Outpacing Competitors
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Base, a layer 2 blockchain built on the Ethereum Virtual Machine (EVM), has reached a significant milestone – surpassing 1 million daily active addresses. The cryptocurrency landscape has undergone a remarkable transformation in recent times, with innovative blockchain solutions such as Core Network These networks emerged to meet the growing…
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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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SEC Cracks Down On Brothers Behind $60 Million Crypto Ponzi Scheme
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The U.S. Securities and Exchange Commission today charged brothers Jonathan and Tanner Adam with running a company $60 Million Ponzi Scheme Under the guise of an investment opportunity in cryptocurrencies. This case, which dates back to August 27, 2024, shows that challenges still exist for investors in the fast-paced and…
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SEC Cracks Down On Brothers Behind $60 Million Crypto Ponzi Scheme
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The U.S. Securities and Exchange Commission today charged brothers Jonathan and Tanner Adam with running a company $60 Million Ponzi Scheme Under the guise of an investment opportunity in cryptocurrencies. This case, which dates back to August 27, 2024, shows that challenges still exist for investors in the fast-paced and…