The Australian Securities & Investments Commission announced on Thursday that Binance’s derivatives license in Australia has been canceled at the request of the cryptocurrency exchange. This comes after the regulator initiated a “targeted review of Binance” in February. The regulator announced that starting from April 14, Binance will not allow ...
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On Thursday, Walmart declared its plan to install electric vehicle charging stations in thousands of its stores across the United States by 2030. Walmart has announced that it will expand its EV fast-charging network to its stores and Sam’s Club locations throughout the United States. Currently, the company has almost ...
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On Tuesday, an executive in charge of Amazon’s video games division wrote in a memo to employees that the company is laying off approximately 100 workers. Christoph Hartmann, Amazon Games’ vice president, wrote a memo to staffers on Tuesday stating that around 100 employees in Amazon’s video games division have ...
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On Friday, Elon Musk requested a U.S. judge to dismiss a $258 billion racketeering lawsuit alleging that he operated a pyramid scheme to promote the cryptocurrency Dogecoin. Lawyers for Elon Musk and Tesla Inc filed a document in Manhattan federal court on Friday evening, stating that the $258 billion lawsuit ...
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After nearly two years of negotiations, Britain has reached a historic trade agreement to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, a vast Indo-Pacific trade bloc consisting of 11 members. The deal, announced on Friday, will provide access to a region with a combined GDP of £11 trillion ...
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According to an announcement by the company on Friday, Ford Motor’s upcoming facility located near Memphis, Tennessee, will have the capacity to manufacture 500,000 electric vehicles every year once it reaches maximum production. So far, Ford has only revealed one product that will be manufactured at the “BlueOval City” plant ...
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Toshiba Corp’s board has approved a buyout offer from a consortium led by Japan Industrial Partners, a private equity firm, which values the scandal-ridden industrial conglomerate at JPY 2tn ($15.2bn). The deal would make Toshiba a private company and place it under domestic control following a prolonged period of tension ...
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According to the Financial Times report on Tuesday, UBS is preparing to negotiate with Michael Klein to end an agreement that would have given the Wall Street dealmaker a significant stake in Credit Suisse’s investment bank. This development comes after UBS agreed to acquire its Swiss counterpart, Credit Suisse, for ...
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The Ola Electric CEO, Bhavish Agarwal, said on Monday that his firm will launch an all-electric vehicle that can accelerate from 0 to 100 kilometers per hour (just 62 mph) in four seconds, as India’s budding EV sector gets a foothold. The race has intensified. In a video presentation, Bhavish ...
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Ukraine – A ship carrying grain has sailed from the Ukrainian port city of Odesa for the first time since the Russian attack on Ukraine. This has given hope that this road will open the supply of food grains in the world in the future also, which will give relief ...
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