Category: News
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Seven million Britons embrace crypto as Bitcoin soars to $95,000
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Cryptocurrency ownership in the UK has reached unprecedented levels, with seven million adults now owning digital assets, up from five million in 2022. This increase comes at a time when Bitcoin is witnessing a significant rise, rising to $95,000 after important global events such as the election of Donald Trump…
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Seven million Britons embrace crypto as Bitcoin soars to $95,000
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Cryptocurrency ownership in the UK has reached unprecedented levels, with seven million adults now owning digital assets, up from five million in 2022. This increase comes at a time when Bitcoin is witnessing a significant rise, rising to $95,000 after important global events such as the election of Donald Trump…
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Israelis more deterred by canceling flights than travel warnings
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The Netherlands, Sri Lanka, Thailand and the United Arab Emirates are countries that are popular with Israelis and considered safe, but have recently been hit with travel warnings by the government. To make matters worse, earlier this week, Chabad’s representative in the Emirates, Rabbi Zvi Kogan, was kidnapped and murdered,…
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Trump’s tariff post sends markets scrambling
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A look at the day ahead in European and global markets from Kevin Buckland And so it begins. Trump took to his Truth Social platform late Monday to threaten 25% tariffs on Mexico and Canada if they don’t better control their borders, and additional tariffs on China. Suddenly, Asian investors,…
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Crypto firm Prometheum gained an edge under Gary Gensler’s SEC. Suddenly its future appears less certain
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For many years, the cryptocurrency industry has complained about the SEC’s hardline stance, and its refusal to develop rules that take premium blockchain technology into account. However, one company claimed that the current crypto rules set by the Securities and Exchange Commission (SEC) are good. This stance has paid off…
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UK Companies Slash Hiring Plans Following Reeves’s Tax Increases
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Nearly two-thirds of UK businesses are set to scale back hiring plans in response to the Chancellor’s £40bn tax rise, according to a new poll by the Confederation of British Industry (CBI). The survey of 266 business leaders found that 62% of them intend to reduce hiring, nearly half expect…
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Carrefour turns profitable for Electra Consumer Products
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Electra Consumer Products Company (TSE: ECP), headed by Zvika Schwimmer and part of the Elco Group (TSE: ELCO) controlled by the Salkind brothers, continues to convert its Mega Winote Petan supermarket branches to Carrefour format, and after several years Tough, you’re starting to see the fruits of that effort. In…
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Where Will Nvidia Stock Be in 3 Years?
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yet, Nvidia‘s (Nasdaq: NVDA) Business has been thriving for so long that it has become boring. As of the time of writing, shares are down about 3% despite better-than-expected third-quarter earnings and a booming market for artificial intelligence (AI) devices. But how long can the momentum last? Let’s dive deeper…
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Where Will Nvidia Stock Be in 3 Years?
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yet, Nvidia‘s (Nasdaq: NVDA) Business has been thriving for so long that it has become boring. As of the time of writing, shares are down about 3% despite better-than-expected third-quarter earnings and a booming market for artificial intelligence (AI) devices. But how long can the momentum last? Let’s dive deeper…
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Trump’s World Liberty Financial gets $30 million from Justin Sun
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Justin Sun, the controversial Chinese cryptocurrency entrepreneur, has invested $30 million in President-elect Donald Trump’s World Liberty Financial, making him the largest investor in the decentralized finance project. “The US is becoming a blockchain hub, and Bitcoin owes it to a real Donald Trump!”, Sun, founder of cryptocurrency company Tron,…
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Sir Jim Ratcliffe’s Belstaff racks up £18m loss as auditors warn of uncertain future
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Belstaff, the luxury leather jacket brand owned by billionaire Sir Jim Ratcliffe, has announced a further loss of £18.3m, raising fresh concerns about its financial sustainability. Auditors warned that the company still relied on ongoing support from its parent, Ineos, to survive. Despite the jackets selling for up to £2,125,…
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Sir Jim Ratcliffe’s Belstaff racks up £18m loss as auditors warn of uncertain future
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Belstaff, the luxury leather jacket brand owned by billionaire Sir Jim Ratcliffe, has announced a further loss of £18.3m, raising fresh concerns about its financial sustainability. Auditors warned that the company still relied on ongoing support from its parent, Ineos, to survive. Despite the jackets selling for up to £2,125,…
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Clairvest Invests in Redstone Food Group
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Article content TORONTO, Nov. 25, 2024 (GLOBE NEWSWIRE) — Clairvest Group Inc. announced… (TSX: CVG) (“CVG”) today announced that it, together with Clairvest Equity Partners VII (“CEP VII”, collectively “Clairvest”), has made a minority equity investment in Redstone Food Group (“Redstone” or “Redstone”). Company”). This marks Clairvest’s second partnership in…
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Palo Alto Networks Announces 2-for-1 Stock Split. Here’s What Investors Need to Know.
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There is no denying the constant threat of cybersecurity attacks. The average global cost of a data breach in 2024 so far is $4.88 million, according to a report by IBMThis amount grows with each passing year. The risks have never been greater, and with the significant potential for business…
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Federal prosecutors dismiss Trump documents case in major presidential perk
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Federal prosecutors moved Monday to dismiss Secret documents case against President-elect Donald Trump In light of the Justice Department’s long-standing policy that sitting presidents cannot face criminal prosecution. The announcement came in a lawsuit before the Florida Court of Appeals shortly after prosecutors in Washington, D.C., filed a similar suit,…
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Federal prosecutors dismiss Trump documents case in major presidential perk
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Federal prosecutors moved Monday to dismiss Secret documents case against President-elect Donald Trump In light of the Justice Department’s long-standing policy that sitting presidents cannot face criminal prosecution. The announcement came in a lawsuit before the Florida Court of Appeals shortly after prosecutors in Washington, D.C., filed a similar suit,…
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Putin poised to unleash cyber attacks on UK, minister warns
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The UK faces the imminent threat of crippling cyber attacks from Russia, capable of “turning off the lights for millions”, warns a senior minister at NATO’s cyber defense conference in London. Pat McFadyen, Chancellor of the Duchy of Lancaster, is expected to highlight Russia’s willingness to wage cyber warfare targeting…
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Rent control in Canada and why it’s time for serious debate
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Breadcrumb links economy Real estate Ricardo Tranjan: The economic costs of rising rents are too high to ignore the potential benefits of some rent control options Posted on November 25, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you…
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Bank of Israel keeps rate at 4.5%
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The Bank of Israel Monetary Committee announced that it kept the interest rate unchanged at 4.5%, as expected. This is the seventh time in a row that the Bank of Israel has left the interest rate unchanged, after reducing it from 4.75% in January. The Bank of Israel said: “Given…