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...Wen was convicted in March on one count of money laundering at Southwark Crown Court. She was previously acquitted on 10 other counts at an earlier trial last year....
...Making fun of corporate brands embarrassing themselves online is like shooting fish in a barrel....
...Carvana’s stock has rallied to $86, including an almost 10 per cent jump on Wednesday. Critics on social media have mostly gone quiet....
...Roaring equity markets and the popularity of a new spot bitcoin exchange traded fund powered BlackRock to record assets under management of $10.5tn and net income that rose by more than one-third....
...They spread the funding over five years instead of 10 years....
...The controls mark a U-turn on cryptocurrencies in Nigeria, which President Bola Tinubu’s government had seen as part of its sweeping market-friendly reforms, designed to attract overseas investment to its...
...FDUSD is backed by reserves comprising low-risk assets, such as short-term U.S. treasury bills, as well as cash and cash equivalents in U.S. dollars....
...But in a last-minute U-turn, Germany said it would abstain from the vote because the liberal Free Democrats (FDP) had suddenly announced they opposed it....
...Yet Buidl has already drawn in $288mn from just 10 holders, according to data from Etherscan. Again, BlackRock’s heft is regarded as crucial to its success....
...Short interest in Hut 8 has risen this year from less than 10 per cent to more than 14 per cent, while bets against Riot Platforms have dipped slightly this year but are still more than 19 per cent of the...
...In currency markets, the strong retail sales figures boosted the US dollar index, which tracks the world’s dominant currency against six international peers....
...There is a limited, if admittedly growing, data set on zigzags and U-turns in policy and technology....
...The shift in sentiment helped push the spread — or gap — between benchmark 10-year US and German government borrowing costs to 2.17 percentage points, its highest level since 2019....
...“We don’t know where this sector will be in five or 10 years.”...
...Alibaba had once hoped to take Cainiao public at a $20bn valuation but struggled to find much interest amid a deep market downturn in Hong Kong....
...“We’ve had five currencies over the past 10 years,” said Masimba Manyanya, a former chief economist in the finance ministry. “It reflects confusion within government itself.”...
...Could a company trading at 10 times its revenues suddenly start trading at 20 times its revenues? Unlikely....
...Changpeng Zhao may finally make a long-awaited public appearance in the US today. In court, reportedly! He’s expected to appear in federal court in Seattle today, according to the WSJ....
...The letter added that the increase in requirements had come at a “delicate time” with the number of first-round seed-stage deals in 2023 at a 10-year low of 1,025....
...He estimated that about 10 licences could eventually be granted. Underscoring the value of a licence was OSL’s sale of a 29.97 per cent stake in itself to BGX for HK$712.8mn last November....
...Coinsbee, based in Germany, says in its FAQ that it applies no KYC checks below €1,000 per transaction up to a total value of €10,000....
...As analysts from Deutsche Bank noted, the new spot bitcoin ETFs have attracted nearly $8bn in funds since US regulators approved them on January 10....
...are closer to 10 per cent more than the ones for conventional vessels....
...Then it drops away fast in terms of size. However, I am pleased to see the presence of two Indian companies — Reliance and Infosys — in the top 10....
...Claims worth more than $1mn traded at 10 cents on the dollar in November 2022 but now trade at about 90 cents on the dollar....
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