November 19, 20240 Comments

NexBridge & Bitfinex Securities Launch Tokenized US Treasury Bills Under El Salvador Laws

Bitfinex Securities, in collaboration with NexBridge, has introduced USTBL, the first-ever regulated tokenized US Treasury bill offering under El Salvador’s cutting-edge digital asset laws. The initial subscription, open from November 19 to November 29, seeks to raise at least $30 million, offering investors exposure to short-term US T-bills with an anticipated annual yield of 5.0%. This innovative move further integrates blockchain technology into traditional finance, leveraging El Salvador’s progressive regulations.

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November 19, 20240 Comments

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November 19, 20240 Comments

Why Trump and Xi Jinping’s ‘special relationship’ soured

BBC Donald Trump once declared that he and Chinese President Xi Jinping “love each other” In a sports park next to the red walls and glossy blue tiles which surround Beijing’s Temple of Heaven, a group of pensioners are working out. “I’m 74 and I hope this helps me live a long time,” one man says after he finishes his pull-ups, just as a cold wind blows leaves from cypress

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November 19, 20240 Comments

WMT, LOW, INTU, KHC and more

Check out the companies making headlines in midday trading: Walmart — The big-box retailer saw shares jump nearly 5% to hit a record after the retail giant topped fiscal third-quarter earnings and revenue expectations. The retailer also hiked its outlook again as it saw growth in e-commerce and improvements in sales outside of the grocery aisles. Super Micro Computer — The server maker surged 29.2% after announcing BDO as its

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November 19, 20240 Comments

Super Micro shares soar after company names BDO as new auditor

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7.  Annabelle Chih | Bloomberg | Getty Images Super Micro Computer shares jumped more than 30% on Tuesday after the embattled server maker said it named BDO as its new auditor and submitted a plan to Nasdaq detailing its efforts to regain

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November 19, 20240 Comments

Factbox-What new taxes could help raise money to fight climate change? By Reuters

BAKU (Reuters) – The COP29 climate talks in Azerbaijan aim to agree an annual finance target of $1 trillion or more a year to help poorer countries respond to global warming. Some see new taxes as one way to get there. The Global Solidarity Levies Task Force (GSLT), led by France, Barbados and Kenya, is exploring the issue. Below are extracts from its latest report on the options being discussed

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