Category: Markets

US SEC starts proceedings against American CryptoFed

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The US Securities and Exchange Commission (SEC) has launched administrative proceedings against American CryptoFed. The latter is a decentralized autonomous organization (DAO) based in Wyoming. SEC starts proceedings against CryptoFed The SEC has… Continue reading US SEC starts proceedings against American CryptoFed

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ESMA is set to gather public feedback on the license passporting rules

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The European Securities and Markets Authority (ESMA) is seeking to strengthen the provisions around passporting of financial service licenses. The regulatory body will do this by encompassing new rules in the Markets in… Continue reading ESMA is set to gather public feedback on the license passporting rules

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Kohl’s withdraws forecast for 2022 sales and profits amid an uncertain economic outlook

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Kohl has taken down its forecast for sales and profits in 2022. The company said that an uncertain global economic outlook caused the move. The resignation of the company’s top executive is also… Continue reading Kohl’s withdraws forecast for 2022 sales and profits amid an uncertain economic outlook

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UK living standards affected by the rising inflation levels

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Living standards in the United Kingdom will take a hit amid the rising inflation levels. The situation will worsen following the proposals made by the finance minister, Jeremy Hunt, including a tax hike… Continue reading UK living standards affected by the rising inflation levels

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Dell Technologies reaches a $1 billion settlement in a stock swap lawsuit

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Dell Technologies has said that it has reached a $1 billion settlement in a 2018 lawsuit. The amount has been used to settle a lawsuit that accused the technology company of short-changing some… Continue reading Dell Technologies reaches a $1 billion settlement in a stock swap lawsuit

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Elon Musk to appoint a new leader for Twitter as part of organizational restructuring

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Elon Musk said he would be reducing the time he was spending at Twitter. Musk said he would look for a new leader for the social media company to achieve this. He also… Continue reading Elon Musk to appoint a new leader for Twitter as part of organizational restructuring

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eToro launches proxy voting through a partnership with Broadridge

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. eToro has partnered with Broadridge Financial Solutions to launch proxy voting for users on the retail trading platform. The brokerage platform will gather all votes from investors and aggregate them before sharing them… Continue reading eToro launches proxy voting through a partnership with Broadridge

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Berkshire Hathaway invests $4.1b in Taiwan Semiconductor Manufacturing stocks

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Berkshire Hathaway Inc, the investment company of billionaire investor Warren Buffett, recently unveiled a major stock investment that marked another big step that the firm took towards the tech sector. According to the… Continue reading Berkshire Hathaway invests $4.1b in Taiwan Semiconductor Manufacturing stocks

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Amazon will lay off 3% of its staff, amounting to around 10,000 people

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The past few years have been hard on everyone, from individual people to small and mid-sized companies and, apparently, even major corporations such as Amazon. In fact, according to a source familiar with… Continue reading Amazon will lay off 3% of its staff, amounting to around 10,000 people

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OPEC lowers forecast for the 2022 global oil demand growth again

Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. OPEC has lowered its forecast for the 2022 global oil demand growth for the fifth time since April this year. It has also reduced the 2023 figures amid growing economic challenges ranging from… Continue reading OPEC lowers forecast for the 2022 global oil demand growth again

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