Category: net
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Electric car makers and heat pump firms ‘deserve net zero tax break’
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The Confederation of British Industry (CBI) has urged Chancellor Rachel Reeves to deliver significant tax cuts for manufacturers of electric cars, heat pumps and biofuels to accelerate the UK’s path to net zero. The business group is calling for the corporate tax rate on companies operating in these sectors to…
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Bitcoin Data Suggests Strong Upside Potential As BTC Delivers $264M In Average Net Profit
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Bitcoin is now trading at a critical level after a 5% decline from its recent local highs of around $66,500. The entire cryptocurrency market is experiencing volatility, yet investors remain optimistic about the coming months. The Federal Reserve’s decision to cut interest rates significantly boosted market sentiment, raising expectations of…
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Bitcoin Data Suggests Strong Upside Potential As BTC Delivers $264M In Average Net Profit
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Bitcoin is now trading at a critical level after a 5% decline from its recent local highs of around $66,500. The entire cryptocurrency market is experiencing volatility, yet investors remain optimistic about the coming months. The Federal Reserve’s decision to cut interest rates significantly boosted market sentiment, raising expectations of…
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Bitcoin Data Suggests Strong Upside Potential As BTC Delivers $264M In Average Net Profit
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Bitcoin is now trading at a critical level after a 5% decline from its recent local highs of around $66,500. The entire cryptocurrency market is experiencing volatility, yet investors remain optimistic about the coming months. The Federal Reserve’s decision to cut interest rates significantly boosted market sentiment, raising expectations of…
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I earn Sh40,000 net but spend Sh74,000 monthly no matter how hard I try, how do I survive?
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I am unable to live on my current salary. I earn a net worth of Sh40,000. No matter how I try to balance this money, I won’t be able to make it work. My expenses are as follows: The Machakos’ rent is Sh14,000 including water and electricity. Renting a house…
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I earn Sh40,000 net but spend Sh74,000 monthly no matter how hard I try, how do I survive?
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I am unable to live on my current salary. I earn a net worth of Sh40,000. No matter how I try to balance this money, I won’t be able to make it work. My expenses are as follows: The Machakos’ rent is Sh14,000 including water and electricity. Renting a house…
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Bitcoin Investors Net $456 Million In Daily Profits As BTC Prepares For Major Rally
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Bitcoin has crossed the critical $65,000 resistance level after several days of bullish price action and growing optimism following last week’s interest rate cuts. This impressive move has excited analysts and investors, who are now speculating about higher prices in the coming weeks. The recent rally, fueled by renewed confidence…
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Bitcoin Investors Net $456 Million In Daily Profits As BTC Prepares For Major Rally
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Bitcoin has crossed the critical $65,000 resistance level after several days of bullish price action and growing optimism following last week’s interest rate cuts. This impressive move has excited analysts and investors, who are now speculating about higher prices in the coming weeks. The recent rally, fueled by renewed confidence…
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Net external borrowing to halve to Sh167bn in next financial year
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Kenya’s net external borrowing in the next fiscal year (2025-26) is expected to more than halve to Sh166.7 billion, from Sh355.5 billion in the current year, thanks to a sharp increase in repayments of original debt that will have to be rolled over using new borrowing. Financial forecasts published by…
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A millennial FIRE couple shares how moving abroad and living on a $50k income helped them quadruple their net worth to $700k in 6 years
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A millennial couple shares how they grew their net worth from $100K to over $700K in the past six years.Brian Davis A millennial couple has increased their net worth to over $700,000, up from $150,000 in 2018. Living abroad and spending only a portion of their $50,000 income helped them…
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Bitcoin ETF By BlackRock Registers First Daily Net Inflow In 3 Weeks: What To Know
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This article is also available in Spanish. BlackRock’s iShare Bitcoin Trust (IBIT) recorded its first daily net inflow in three weeks, leading U.S. exchange-traded funds (ETFs) to see a combined net inflow of $12.8 million, Data From Farside Investors confirms this. BlackRock’s Bitcoin ETF Attracts Net Inflows, What About Other…
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DouYu reported total net revenues decreasing by 25.9% By Investing.com
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DouYu International Holdings Limited (NASDAQ: NASDAQ:) faced a challenging second quarter in 2024, with total net revenues decreasing by 25.9% year-over-year to RMB1.03 billion. The company, which specializes in game-centric live streaming, attributed the revenue decline to stiff competition from short video platforms and a downturn in the macroeconomic environment.…
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Bitcoin (BTC) Stumbles Below $60,000 As Data Shows Slowing Net Capital Inflows
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Bitcoin (BTC) is currently trading below $60,000 after experiencing a period of volatility and a significant 11% correction from its peak of $65,103 last Sunday. This sharp decline reflects the growing uncertainty and fear that is prevailing in the market. Recent key data from Glassnode reveals a worrying slowdown in…
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I earn Sh131,000 net. How can I pay off a Sh2m loan quickly and build rentals?
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My name is Susan. I am single, in my mid 30s and have no children. I earn Sh131,000 after statutory deductions. However, after other deductions, I am left with about Sh25,000. I took a bank loan of Sh2 million with a repayment period of about three years. About Sh65,000 was…
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X Financial reports solid Q2 with record net income By Investing.com
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X Financial (ticker: XYF) has announced a solid performance for the second quarter of 2024, with President Kan Li expressing pleasure over the company’s significant year-on-year growth in net income, which reached a record high despite a decline in loan volume. The company’s proactive management of loan volumes, focusing on…
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Bitcoin Market Facing A Persistent Net Sell-Side Bias, Glassnode Reveals
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Opeyemi is a skilled writer and passionate about the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has been fully drawn to it since he entered the field over two years ago. Now, Opeyemi prides himself on creating unique pieces that…
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Thyssenkrupp swings to quarterly net loss as one-offs bite By Reuters
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By Christoph Steitz FRANKFURT (Reuters) – Thyssenkrupp swung to a net loss in the third quarter on higher-than-expected costs for legacy projects in its plant engineering business, the company said on Wednesday, adding that it had also halted the sale of one of its units. The company said it posted…
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Leveraged funds’ yen net short position shrinks on carry trade unwind By Reuters
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Written by Saqib Iqbal Ahmed NEW YORK (Reuters) – Leveraged funds’ net short positions in the Japanese yen shrank to their smallest net short position since February 2023 in the latest week, data from the U.S. Commodity Futures Trading Commission and the London Stock Exchange showed on Friday. Data through…
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Lexicon Pharmaceuticals reported a net loss of $53.4 million By Investing.com
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Lexicon Pharmaceuticals (NASDAQ: NASDAQ:) reported in their second quarter 2024 earnings call a modest growth in their INPEFA business and a net loss of $53.4 million. The company highlighted the resubmission of their New Drug Application (NDA) for Zynquista, the advancement of their Phase 3 study for Sotagliflozin in hypertrophic…
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Spot Ethereum ETFs Up To A Slow Start, Record $341 Million Net Outflow In First Week
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Following an unexpected approval by the US Securities and Exchange Commission (SEC), Ethereum ETFs have become one of the biggest stories in the crypto space. However, the crypto investment products appear to be falling short of expectations after a disappointing first trading session last week. Grey is responsible for large…