Tether’s Investment Arm Announces Completion of Funding for Middle Eastern Crude Oil Trade

Tether’s Investment division is announcing the financing of a $45 million physical crude oil transaction between a major oil company and a commodity trader. In a new announcement, the USDT-stablecoin issuer says that this transaction is Tether Investments’ first crude oil transaction in the Middle Eastern region, marking Tether’s expanding role in global commodities trading. Says Tether CEO Paolo Ardoino of the transaction, “Tether Investments’ financing of this significant crude

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CEO Jensen Huang Just Delivered Fantastic News for Nvidia Investors

As the market eagerly awaits earnings from artificial intelligence (AI) powerhouse Nvidia (NASDAQ: NVDA), investors will be happy to hear that the company’s CEO, Jensen Huang, has announced a new partnership with Lenovo that will accelerate sales in a key area: enterprise. The lion’s share of Nvidia’s revenue is derived from companies like Microsoft, Meta Platforms, and Amazon. The tech giants use its hardware to build gargantuan server farms that

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When Trump’s victory became clear, online claims of election fraud quieted

By the time the polls opened on Election Day, baseless claims of voter fraud had been building on social media for months, fueling doubts about the integrity of the election.  Posts proliferated on X and other platforms pointing to hiccups like technical issues with voting machines, power outages and spelling errors on ballots as examples of a supposedly brewing conspiracy. And at 4:30 p.m. on Election Day, former President Donald

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AIMCo expansion was a source of tension with Alberta

Breadcrumb Trail Links Investor News Pension veterans say there was more going on behind the scenes than scrutiny of costs Get the latest from Barbara Shecter straight to your inbox Sign Up Published Nov 08, 2024  •  Last updated 30 minutes ago  •  4 minute read You can save this article by registering for free here. Or sign-in if you have an account. Alberta Investment Management Corp. chief executive Evan Siddall

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Steve Madden says it will cut production in China to avoid Trump tariffs

Trump promises tariffs for economic plan Trump promises tariffs to help pay for economic plans 08:18 One company is already responding to President-elect Trump’s proposed tariffs, which if imposed could result in higher prices for American consumers as retailers pass along added costs on imports to shoppers.  Shoemaker Steve Madden says it plans to import fewer goods made in China to the U.S., and replace them with items made in other countries. 

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US renewable fuel credits rally to multi-month highs despite Trump reelection By Reuters

By Shariq Khan NEW YORK (Reuters) – U.S. renewable fuel credits rose to multi-month highs on Friday on increased demand from refiners trying to comply with mandates and higher prices for soyoil, surprising traders who expected Donald Trump’s reelection as U.S. president to weigh on the market. Rising prices for the credits, also called Renewable Identification Numbers (RINs), are welcome news for biofuel producers who depend on them to make

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