Category: part
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BP cutting 4,700 jobs worldwide as part of cost-saving drive
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LONDON (AP) — U.K.-based oil company BP is cutting 4,700 jobs worldwide and another 3,000 contractor jobs as part of a cost-saving drive. In an email to employees Thursday seen by The Associated Press, CEO Murray Auchincloss said the job losses “account for much of the reduction expected this year.”…
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ASOS shutters US warehouse as part of cost-saving turnaround plan
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Asos has announced a one-off impairment charge of £200m after it decided to idle its main US warehouse near Atlanta, Georgia, in a move aimed at cutting costs and boosting profitability. Later this year, the online fashion retailer’s American customers will be served from its UK automated distribution center in…
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CDI College collects nearly 1,300 items as part of its holiday food drive
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Article content VANCOUVER, British Columbia, Jan. 02, 2025 (GLOBE NEWSWIRE) — The food drive, held December 2-13 at all CDI College campuses across the country, collected nearly 1,300 items. Article content “It is wonderful to see how much staff and students across our campuses have contributed to the magic of…
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CDI College collects nearly 1,300 items as part of its holiday food drive
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Article content VANCOUVER, British Columbia, Jan. 02, 2025 (GLOBE NEWSWIRE) — The food drive, held December 2-13 at all CDI College campuses across the country, collected nearly 1,300 items. Article content “It is wonderful to see how much staff and students across our campuses have contributed to the magic of…
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Ethereum Price Breakout: Charting The Uncertain Part Of ETH To $18,000
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Cryptocurrency analyst BallaJi provided insight into how an Ethereum price breakout could occur, and even raised the possibility of ETH reaching $18,000. Ethereum currently boasts a bullish outlook, having recently surpassed $4,000 for the first time since March of this year. How can Ethereum price reach $18,000? In a TradingView…
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Ethereum Price Breakout: Charting The Uncertain Part Of ETH To $18,000
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Cryptocurrency analyst BallaJi provided insight into how an Ethereum price breakout could occur, and even raised the possibility of ETH reaching $18,000. Ethereum currently boasts a bullish outlook, having recently surpassed $4,000 for the first time since March of this year. How can Ethereum price reach $18,000? In a TradingView…
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SolarEdge to sublet part of new campus to ease crisis
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Israeli Solar Technology Company SolarEdge technologies (Nasdaq: SEDG) is looking to lease part of its new campus, which is currently under construction in Glilot. A source familiar with the matter told Globes that SolarEdge is seeking at this stage to rent an entire floor on the campus for an asking…
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Wiz in talks on shareholders selling part of stakes – report
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Israeli cybersecurity company Wiz The company is in talks to sell existing shares worth up to $20 billion, according to a report from Bloomberg. According to the report, the cybersecurity startup, which in July rejected a $23 billion takeover offer from Google, is in negotiations with the aim of offering…
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A tearful Caroline Ellison is sentenced to two years in prison for her part in the FTX collapse: ‘I’m sorry I wasn’t brave’
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On Tuesday, former FTX CEO Caroline Ellison stood on a podium on the 21st floor of a Manhattan courthouse, her voice cracking as she asked the judge to reduce her sentence. Her parents and two younger sisters watched as she addressed the court. “My mind can’t even comprehend the pain…
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VCs come and go, but launchpads will remain a fundamental part of web3
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Disclosure: The opinions and ideas expressed here belong solely to the author and do not represent the opinions and views of the crypto.news editorial board. When starting a business, a great idea is worthless if no one is available or willing to invest the money needed to make it flourish.…
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Ukraine’s Kursk incursion is part of broader effort for ‘fair peace’
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Ukrainian President Volodymyr Zelensky said Ukraine’s operation in Russia’s Kursk region is part of a broader military, political and diplomatic effort aimed at getting Russia to accept a “just peace.” “Everything we are doing is aimed at forcing Russia to prepare for a just peace,” Zelensky told Indian journalists in…
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China’s BYD plans car plant in Karachi as part of Pakistan entry By Reuters
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KARACHI (Reuters) – Chinese electric vehicle giant BYD on Saturday announced plans to open a car manufacturing plant in Pakistan where it will also start selling three models through a partnership with Mega Motors. BYD is the first major company to enter the new electric vehicle space in the Pakistani…
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China’s BYD plans car plant in Karachi as part of Pakistan entry By Reuters
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KARACHI (Reuters) – Chinese electric vehicle giant BYD on Saturday announced plans to open a car manufacturing plant in Pakistan where it will also start selling three models through a partnership with Mega Motors. BYD is the first major company to enter the new electric vehicle space in the Pakistani…
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Court blocks key part of California law on children’s online safety By Reuters
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By Jonathan Stempel (Reuters) – A U.S. appeals court on Friday upheld a key part of a court order blocking enforcement of a California law aimed at protecting children from online content that could harm them mentally or physically. The U.S. Court of Appeals for the Ninth Circuit in San…
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Revolut CEO to sell part of stake in $500 million share sale, Sky News reports By Reuters
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(Reuters) – Nikolai Storonsky, chief executive of British fintech firm Revolut, will sell part of his multibillion-dollar stake in the company as part of a $500 million share sale, Sky News reported on Sunday. The Financial Times reported last month that the digital finance app is working with bankers to…
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How Financial Surveillance Threatens Our Democracies: Part 2
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Undemonstrated Effectiveness and Efficiency I’m not aware of any study establishing the effectiveness of KYC measures in combating money laundering. And it’s not for lack of searching. Conversely, there are numerous studies tending to conclude the opposite. Ronald Pol, a researcher at La Trobe University in Melbourne, synthesized in a…
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How Financial Surveillance Threatens Our Democracies: Part 1
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When they descended into coal mines, miners would take a caged canary with them. The toxic gasses, notably carbon monoxide, that accumulate in these places and pose a deadly risk to miners, would kill the canaries before the miners. This information made them aware of the danger, enabling them to…
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US government attempts to seize $200k in Tether that was part of pig-butchering crypto scam
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The US has initiated a forfeiture case to seize nearly $200,000 worth of USDT held on Binance linked to a $1.1 million pig slaughter scam. The funds in question are related to two pig slaughter scams that defrauded an unidentified victim of more than $1 million. documents foot The District…
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US government attempts to seize $200k in Tether that was part of pig-butchering crypto scam
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The US has initiated a forfeiture case to seize nearly $200,000 worth of USDT held on Binance linked to a $1.1 million pig slaughter scam. The funds in question are related to two pig slaughter scams that defrauded an unidentified victim of more than $1 million. documents foot The District…