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A group of cryptocurrency-focused hedge funds have seen unexpected gains in recent weeks as Donald Trump’s election victory fueled a powerful rally that propelled bitcoin above the $100,000 milestone. Funds employing crypto strategies posted gains of 46 percent in November,…
Only 122 AI funding deals have been made in Southeast Asia in 2024, compared to APAC’s total of 1,845. Read more Source link
Tata Consumer has responded to reports that Starbucks was exiting India due to high costs and mounting losses. This comes after reports that the coffee chain is delaying plans for the opening of some new Starbucks stores until later in…
Federal Reserve Chairman Jerome Powell surprised markets on Wednesday night.Jacquelyn Martin/AP The Federal Reserve cut its benchmark interest rate on Wednesday to between 4.25% and 4.5%. The central bank also projected two cuts next year instead of four, sending stocks…
Nike’s turnaround will take time and cost money, CEO says Source link
Patrick Industries CEO Andy Nemeth discusses the future of the real estate market on ‘The Claman Countdown’. National retailer Big Lots, based in Columbus, Ohio, announced Thursday that it will begin holding going-out-of-business (GOB) sales at all of its remaining…
SHANGHAI (Reuters) – China left its benchmark interest rates unchanged at the monthly setting on Friday, in line with market expectations, as falling yields, shrinking net interest margins and a weakening yuan create limits for immediate monetary easing. The one-year…
Unlock the White House Watch newsletter for free Your guide to what the 2024 US elections mean for Washington and the world The US Congress has just 24 hours to find a deal to keep the government open after the…
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The Union Government has proposed a new bill to treat unregulated lending as a cognizable and bailable offence, with penalties including imprisonment of up to 10 years. The public is invited to submit comments on the bill, called BULA (Prohibition…
