Category: Plans
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Trump Plans Risk Spurring US Inflation That GOP Is Pledging to End
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Breadcrumbs Path Links PMN Business Speaker after speaker at the Republican National Convention this week blamed the Biden administration for rising inflation. Article author: Bloomberg News Christopher Condon Published on July 17, 2024 • Read for 5 minutes You can save this article by registering for free here. Or log…
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Trump Plans Risk Spurring US Inflation That GOP Is Pledging to End
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Breadcrumbs Path Links PMN Business Speaker after speaker at the Republican National Convention this week blamed the Biden administration for rising inflation. Article author: Bloomberg News Christopher Condon Published on July 17, 2024 • Read for 5 minutes You can save this article by registering for free here. Or log…
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VanEck To Launch Bitcoin ETF Exposure For French Pension Plans
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VanEck, a Bitcoin ETF issuer, has teamed up with asset management firm Inter Invest launch First ever offer of Bitcoin exposure within French retirement savings plans. The initiative is being facilitated by VanEck’s VBTC Bitcoin ETF, which was also recently launched. It was launched. On Australia’s leading exchange. With a…
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VanEck To Launch Bitcoin ETF Exposure For French Pension Plans
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VanEck, a Bitcoin ETF issuer, has teamed up with asset management firm Inter Invest launch First ever offer of Bitcoin exposure within French retirement savings plans. The initiative is being facilitated by VanEck’s VBTC Bitcoin ETF, which was also recently launched. It was launched. On Australia’s leading exchange. With a…
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This Hedge Fund Plans to Raise $500M for AI and Blockchain Investments
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North Carolina-based hedge fund manager Morgan Creek Digital plans to raise nearly $500 million for a new fund focused on investing in artificial intelligence, blockchain, chips and data opportunities. according to press releaseMorgan Creek’s new fund will invest in early-stage companies that combine the power of artificial intelligence, blockchain technology…
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Wells Fargo reports mixed Q2 results, plans dividend hike By Investing.com
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Wells Fargo & Company (WFC) reported its second-quarter financial results, revealing both strengths and challenges as it continues its transformation journey. CEO Charlie Scharf emphasized the growth in fee-based revenue and strategic improvements in the credit card and corporate investment bank sectors. Despite a decrease in net interest income and…
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Southwest Air, Archer Aviation work on plans to fly air taxis in California By Reuters
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By David Shepardson Southwest Airlines Co. and Archer Aviation Inc. said Friday they have agreed to develop operational plans for electric air taxi networks that Archer is building at California airports where Texas-based Southwest operates. The companies said they have signed a memorandum of understanding to collaborate on a concept…
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Intuit shares slip as company plans to lay off 10% of global workforce By Investing.com
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(Updated – July 10, 2024 at 9:15 AM EST) gut instinct Nasdaq Inc. (NASDAQ:NASDAQ) plans to lay off about 1,800 employees worldwide, or 10% of its workforce, according to a news release Wednesday. The move is not intended to cut costs, according to the announcement. The company’s shares fell 1.8%…
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Michael Waweru, the unlikely tax czar who secured Kibaki’s plans
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Michael Waweru, who died yesterday, was known for his unwavering commitment to his duties. As a tax collector, he was a man of principles who carried out his duties with utmost sincerity. Tax evaders, who were once friends of the Commissioner General of the Kenya Revenue Authority, have found a…
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Nigeria to focus on Blockchain and emerging tech with plans to deploy research centers
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Nigeria’s National Information Technology Development Agency (NITDA) is looking to roll out research centers geared towards emerging technologies like Blockchain. The initiative was Advertise By the Director General of the National Technology Development Agency, Kashifu Eno, at the West Africa Internet of Things Conference in Lagos. According to the Director…
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Crypto super PAC gets crucial wins in US primaries, plans significant spending for general election
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Fairshake PAC plans to spend more than $100 million in the general election to support pro-crypto lawmakers. Super PACs funded by major crypto companies scored big victories in recent congressional primaries. The Fairshake political action committee, created to support pro-crypto industry candidates, plans to spend… More than $100 million In…
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Crypto super PAC gets crucial wins in US primaries, plans significant spending for general election
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Fairshake PAC plans to spend more than $100 million in the general election to support pro-crypto lawmakers. Super PACs funded by major crypto companies scored big victories in recent congressional primaries. The Fairshake political action committee, created to support pro-crypto industry candidates, plans to spend… More than $100 million In…
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SolarEdge slumps further on plans to raise $300m bond
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Israeli Solar Energy Company SolarEdge technologies (Nasdaq: SEDG) has lost more than 90% of its value since November 2021, when it had a market cap of more than $20 billion and was Israel’s most valuable company on Wall Street. The company’s share price fell another 16% at the open of…
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Prudential plans $2 billion share buyback By Reuters
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(Reuters) – Insurance group Prudential said in a statement on Sunday that it is planning a $2 billion share buyback program that will be completed no later than mid-2026. The life and health insurance company said in a separate statement that it will initiate the first $700 million tranche of…
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Sir Jim Ratcliffe Criticises Labour’s Energy Plans Despite Backing Starmer
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Sir Jim Ratcliffe, chief executive of Ineos and co-owner of Manchester United, has criticized Labour’s green energy plans, claiming they could tax North Sea oil and gas production to “de-exist”. It comes just days after he publicly supported Labor leader Sir Keir Starmer. Ratcliffe warned that Labour’s proposals to increase…
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FTC sues Adobe over subscription plans practices
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Update: The story has been updated with comments from Adobe The Federal Trade Commission said Monday that it has filed a lawsuit against Adobe (Nasdaq: Literary) and two of its executives regarding the software maker’s subscription plan practices. Photoshop maker stock It fell 3% to $510.62. The US antitrust watchdog…
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Fortissimo plans TASE IPO for Sugat
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Israeli private equity firm Fortissimo Capital The company, run by its founder Yuval Cohen, plans to float shares in a food manufacturing company injury. Since its acquisition of Sugat, Fortissimo has strengthened the company. Fortissimo, which last month completed the acquisition of telecommunications company Celcom, recently held a series of…
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Mexican peso struggles amid President-elect’s reform plans By Investing.com
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Investing.com – The Mexican peso faced pressure as it approached a recent peak of 18.60 in overnight trade in Asia. The move comes after Mexico’s president-elect, Claudia Sheinbaum, announced that judicial reform would be an early topic of the new congress in September. The peso has already weakened by 8%…
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Kraken Bolsters IPO Ambitions With Plans Of A Massive $100 Million Funding Injection
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US-based cryptocurrency exchange Kraken is reportedly considering a final funding round as it explores the possibility of an initial public offering (IPO), according to sources familiar with the matter. The stock exchange has received inquiries from potential investors amid the current rise in the stock market Digital assets market. Kraken…
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State plans second Sh130bn Eurobond buyback in 2024
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Kenya seeks to spend another 130.7 billion shillings ($1 billion) this year to repay its multi-billion-shilling Eurobond due in 2027, as incoming payments slow as part of efforts to mitigate currency and default risks. The country unveiled a buyback plan to the World Bank, but did not reveal whether it…