Category: plan
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Mt. Gox Delays Repayment Plan Until October 2025
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This article is also available in Spanish. In a development that could provide relief to Bitcoin (BTC) and the broader cryptocurrency ecosystem, Mt.Gox, the defunct Cryptocurrency exchange Which was hacked in 2014, announced a major delay in the payment plan for affected creditors. The original repayment date was set for…
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FTX cleared to repay billions to customers after bankruptcy plan approval By Reuters
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Written by Dietrich Knuth NEW YORK (Reuters) – FTX received court approval for its bankruptcy plan on Monday, which will allow it to repay customers in full using up to $16.5 billion in assets recovered since the collapse of the once-leading cryptocurrency exchange. U.S. Bankruptcy Judge John Dorsey approved the…
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EU plan to press ahead with China EV tariffs bad for ties and green ambitions -Xinhua By Reuters
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BEIJING (Reuters) – The European Commission’s decision to press ahead with tariffs on Chinese-made electric cars threatens to undermine decades of cooperation between China and the European Union and jeopardize climate change goals, Xinhua news agency said on Saturday. The European Union said on Friday that it would go ahead…
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CVS Health upgraded at TD Cowen after insurer unveils 2025 Medicare Advantage plan By Investing.com
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Investing.com – Analysts at TD Cowen raised their rating on CVS Health (NYSE:) to “buy” from “hold,” citing changes to Medicare Advantage plan benefits for 2025 announced earlier this week. Along with peers like Humana (NYSE:) and Cigna (NYSE:), CVS unveiled details of next year’s government-backed health insurance plans for…
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CVS Health upgraded at TD Cowen after insurer unveils 2025 Medicare Advantage plan By Investing.com
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Investing.com – Analysts at TD Cowen raised their rating on CVS Health (NYSE:) to “buy” from “hold,” citing changes to Medicare Advantage plan benefits for 2025 announced earlier this week. Along with peers like Humana (NYSE:) and Cigna (NYSE:), CVS unveiled details of next year’s government-backed health insurance plans for…
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Omtatah seeks to block new national health cover plan
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Busia Senator Okiya Umtatah and two others have moved to court seeking to block the implementation of the Social Health Insurance Fund (SHIF) before its launch today. Mr Umtatah argues with Mr Eliud Karanja Matindi and Dr Magari Jikini that the subsidiary legislation required to operationalize the Social Health Insurance…
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Moving IDF bases tops gov’t housing plan
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Evacuating IDF bases, moving the Volcani Institute – the Agricultural Research Organization from its campus in Beit Dagan, and reducing the size of the Mikveh Israel Agricultural School are at the top of the government’s housing plans for 2025. This is alongside extensive plans to increase the housing supply through…
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Citigroup’s China expansion plan put on hold by US regulators, Bloomberg News reports By Reuters
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(Reuters) – Citigroup Inc.’s plan to expand into China has hit a snag with U.S. regulators after the Federal Reserve sanctioned the bank over its data management and risk controls, Bloomberg News reported on Sunday. The bank is facing delays in setting up an independent securities firm because it has…
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Citigroup’s China expansion plan put on hold by US regulators, Bloomberg News reports By Reuters
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(Reuters) – Citigroup Inc.’s plan to expand into China has hit a snag with U.S. regulators after the Federal Reserve sanctioned the bank over its data management and risk controls, Bloomberg News reported on Sunday. The bank is facing delays in setting up an independent securities firm because it has…
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Treasury revives plan to tax EVs for each km traveled
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As part of the Economic Arrangements Law accompanying the 2025 budget, the Finance Ministry plans to impose a tax of NIS 0.15 per kilometer driven by electric vehicles. This tariff will be lower than the NIS 0.19 per kilometer that drivers of cars with combustion engines pay as a customs…
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France asks EU to let it delay submitting budget deficit plan, La Tribune reports By Reuters
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PARIS (Reuters) – France has asked the European Commission to extend the deadline for submitting a plan to cut the public deficit beyond Sept. 20 to ensure consistency with Paris’s draft 2025 budget, La Tribune du Dimanche newspaper reported on Sunday, citing the finance ministry. France’s budget deficit could rise…
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Labour scraps plan for ‘British Isa’ aimed at boosting UK stock investment
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The Labour government is expected to abandon plans to create a “Britain Savings Account”, a scheme initially proposed by the previous Conservative administration to encourage investment in British shares. The move comes amid concerns that the initiative could complicate the individual savings account market rather than effectively support UK stocks.…
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Labour’s affordable housing plan ‘needs more flexibility,’ say small developers
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Labour’s plan to require developers to build affordable housing on at least 50% of “grey belt” land could make 80% of small development sites unviable, according to research by technology firm Viability. The study suggests that reducing the requirement to 35% would significantly improve viability, making 30% of sites viable…
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Smotrich’s 2025 budget plan: Tough measures to pay for war
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Finance Minister Bezalel Smotrich today presented his plan for the 2025 budget. “I pledge to do everything I can to achieve the deficit target of 4%,” Smotrich said. Smotrich outlined measures to achieve this, including freezing public sector salaries, tax brackets, allowances and pensions, increasing income tax on the lowest…
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Treasury mulls plan to hike VAT to 18.5%
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The government has already agreed to raise VAT to 18% from January 1, 2025 as part of a special budget passed after the war began. Israel’s Finance Ministry is considering a plan to raise VAT to 18.5% from its current 17%, if necessary, a source familiar with the matter told…
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Treasury mulls plan to hike VAT to 18.5%
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The government has already agreed to raise VAT to 18% from January 1, 2025 as part of a special budget passed after the war began. Israel’s Finance Ministry is considering a plan to raise VAT to 18.5% from its current 17%, if necessary, a source familiar with the matter told…
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Intel Stock Is Soaring. Can a Breakup Plan Save the Company?
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Shares of Intel (NASDAQ: INTC) Major electronics makers were on the move Friday following news reports that the company is considering separating its manufacturing arm from its core chip design process in order to reposition itself and create shareholder value. The news comes after a disastrous earnings report earlier this…
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Donald Trump teases US ‘crypto capital of the planet’ plan
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Former President Donald Trump has announced his intention to make the United States a global hub for cryptocurrencies if elected. On August 29, Trump stated that he would be rolling out his plan to ensure that America becomes the “crypto capital of the planet” as blockchain technology and digital assets…
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Donald Trump teases US ‘crypto capital of the planet’ plan
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Former President Donald Trump has announced his intention to make the United States a global hub for cryptocurrencies if elected. On August 29, Trump stated that he would be rolling out his plan to ensure that America becomes the “crypto capital of the planet” as blockchain technology and digital assets…