Category: pursues
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CVS Health tops profit estimates as new CEO pursues turnaround; shares surge
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Written by Amina Nias and Sirbarna Roy (Reuters) – CVS Health defeated Wall Street’s estimates for profits in the fourth quarter on Wednesday and made annual expectations that meet expectations to a large extent, which hints to improve performance in the first quarter of it under the new CEO David…
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KRA pursues directors, traders in Sh67m tax evasion scheme
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Twenty suspects, including directors of five companies, face various tax fraud charges, including a missing tax evasion scheme. The Kenya Revenue Authority (KRA) said its investigations revealed that 15 individuals and five companies committed various tax evasion offenses with a total tax implication of Sh66.7 million. In a missing merchant…
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Binance Counters $13 Billion Lawsuit: Pursues Size Reduction In UK Legal Showdown
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In a recent development, cryptocurrency exchange Binance has moved to dismiss the majority of a £10 billion ($12.8 billion) lawsuit filed in London, mentioned By Reuters. The lawsuit, which is being heard at the Competition Appeal Tribunal (CAT), accuses Binance and other exchanges of conspiring to “delist” cryptocurrency Bitcoin Satoshi…
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Binance Counters $13 Billion Lawsuit: Pursues Size Reduction In UK Legal Showdown
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In a recent development, cryptocurrency exchange Binance has moved to dismiss the majority of a £10 billion ($12.8 billion) lawsuit filed in London, mentioned By Reuters. The lawsuit, which is being heard at the Competition Appeal Tribunal (CAT), accuses Binance and other exchanges of conspiring to “delist” cryptocurrency Bitcoin Satoshi…
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Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms
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Riot Platforms Inc., a leading cryptocurrency mining company, has announced its intention to acquire Bitfarms Ltd., another important player in the Bitcoin mining industry. Riot has already taken a 9.25% stake in Bitfarms and plans to make a public takeover bid despite a recent rejection by the company’s board. Global…
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Riot Platforms Pursues Acquisition of Competitor Bitcoin Miner Bitfarms
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Riot Platforms Inc., a leading cryptocurrency mining company, has announced its intention to acquire Bitfarms Ltd., another important player in the Bitcoin mining industry. Riot has already taken a 9.25% stake in Bitfarms and plans to make a public takeover bid despite a recent rejection by the company’s board. Global…