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Bitcoin slides $5,000 amid rising treasury yields and dollar strength
Bitcoin experienced a significant drop of $5,000 within a span of 24 hours, as interest rates surged, marking the second consecutive day of decline for the cryptocurrency at the outset of the new month and quarter. This decline was…
Bitcoin price dips below $70,000 amidst rising volatility
Bitcoin faced a downturn early Monday, slipping below the $70,000 mark as volatility surged in anticipation of this month’s looming block reward halving. Currently trading at around $69,565, Bitcoin experienced a 1.1% dip within the day,…
US national debt crosses $141 trillion mark, crisis feared
A stark warning reverberates through the corridors of economic powerhouses as concerns mount over the trajectory of the United States’ national debt. Against the backdrop of a blockbuster report projecting a staggering $141 trillion debt…
Krispy Kreme and McDonald’s forge alliance for breakfast boost
In a strategic move aimed at enhancing their breakfast offerings, fast-food giant McDonald’s is set to expand its partnership with Krispy Kreme, a renowned doughnut chain. The collaboration will see Krispy Kreme’s signature doughnuts being…
Private equity surge in Japan defies Asia Pacific downturn
The private equity landscape across the Asia Pacific region witnessed a notable downturn in 2023, experiencing a decline of more than 23% in total deal value, as reported by Bain & Company. Amidst this trend, however, Japan emerged as a…
Market optimism surges as S&P 500 targets reach new heights
Goldman Sachs, a prominent financial institution, has put forth a striking prediction regarding the fate of the S&P 500 index in the coming year. According to the renowned investment bank, the trajectory of major tech companies could…
Aramco’s 2023 net income hits $121.3 billion, second-highest ever
In a significant financial disclosure, Saudi Aramco, the world’s leading oil company, has unveiled its full-year 2023 results, showcasing a remarkable net income of $121.3 billion. This figure stands as the company’s second-highest ever,…
Bitcoin’s volatility sparks $400 billion crypto market value drop
The cryptocurrency market witnessed a staggering loss of $400 billion in value as Bitcoin, the leading digital currency, continued its downward trajectory following a recent all-time high. On Wednesday, Bitcoin experienced significant…
Yas Island set for two exciting beach developments by Miral
Miral, a key developer renowned for crafting immersive destinations and experiences in Abu Dhabi, has announced the ambitious undertaking of developing two beaches within the vibrant Yas Bay Waterfront on Yas Island. This move seeks to…
Australian taxi operators secure $178 million settlement from Uber
Uber Technologies Inc has reached a settlement agreement worth A$271.8 million ($178 million) to resolve a class-action lawsuit filed by Australian taxi operators and drivers, alleging financial losses due to Uber’s entry into the market.…