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Amazon’s Bezos, Jassy Deleted Chats Despite FTC Antitrust Probe
Top Amazon.com Inc. executives including founder Jeff Bezos and Chief Executive Officer Andy Jassy destroyed text messages discussing business, the Federal Trade Commission alleged, erasing evidence the agency could have used in its antitrust case against the retail giant.
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Contrarian Indian Fund Manager Has a Warning for Bond Chasers
An Indian fund manager who went contrarian and sharply reduced the average maturity of his flagship bond fund is further cutting the duration on the expectation the central bank won’t reduce interest rates before global peers.
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China Vanke Crisis May Continue to Spell Trouble for Chinese Lenders
Greater China’s property market crisis and the challenges it poses for lenders will be on full display on Monday, when embattled developer China Vanke Co. and the region’s biggest banks report earnings.
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Austin to Announce Up to $6 Billion Arms Commitment to Ukraine
Defense Secretary Lloyd Austin is set to announce on Friday the commitment of as much as $6 billion to bankroll long-term contracts to provide Ukraine with weapons such as Patriot missiles and drones, according to several US officials familiar with the issue.
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Tor Investment Raises $310 Million for Asia Private Credit Fund
Hong Kong-based alternative credit manager Tor Investment Management has raised $310 million for its third Asia opportunistic private credit fund, seeking to take advantage of the growing popularity of the asset class, according to co-founder and portfolio manager Christopher Mikosh.
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Kinesis Mint becomes the official partner for the House of Mandela
London, United Kingdom, April 25th, 2024, FinanceWire Kinesis Mint, the certified independent precious metals mint and refinery of Kinesis, the monetary system backed by 1:1 allocated gold and silver, has been appointed the exclusive coin producer for the House of Mandela. The Kinesis Mint will independently manufacture the official House of Mandela collector coins in […]
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Seed Phrases Offer Great Security, But At What Cost?
A seed phrase is an important security tool for cryptocurrency wallets. It usually has 12 to 24 randomly generated words. As a master key, it lets people get to and restore their digital assets. Even though this method is very important for keeping cryptocurrencies safe, it has many problems, especially when handling information that is […]
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Bitcoin Market Thrives – ETFs Launch, Ownership Peaks, Volatility Persists
The Bitcoin market is experiencing a significant transformation, marked by rising ownership and the advent of new investment structures such as Bitcoin and Ethereum ETFs. Despite the volatility and fluctuating inflows in Bitcoin ETFs, the approval of spot ETFs in Hong Kong and the increase in small BTC wallet holders signal a strengthening and broadening […]
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Online Casinos That Accept Prepaid Visa Gift Cards
Online casinos are quickly adapting to the rise in players seeking secure and anonymous ways to deposit their funds. As a result, prepaid Visa gift cards are becoming a hot favorite. Why? They offer a seamless way to play without tying your bank account to the casino. Visa gift cards, including the popular Vanilla Prepaid, […]
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Tesla Adapts with Affordable Cars and a New Company Vision
Tesla’s recent announcement about launching more affordable car models by early 2025 has sparked significant investor interest. The electric car giant, led by CEO Elon Musk, saw a notable increase in stock prices following the news. This strategic move aims to address growing concerns about the company’s slowing growth amidst a tough economic climate. By […]
