Australian inquiry reveals stabbing timeline

It took just three minutes for Joel Cauchi to fatally stab six people and injure 10 more during a rampage at a popular Sydney shopping centre, an inquest into the attack has been told. The New South Wales Coroner’s Court heard on Tuesday that Cauchi, 40, was knife-obsessed and had been diagnosed with schizophrenia, but had come off his medication and was homeless at the time of the incident. The

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Groupe Dynamite aims for $2.3B valuation in Canadian IPO

Breadcrumb Trail Links Investor News Retail & Marketing Deal would cement its top executive as a billionaire Author of the article: Bloomberg News Mathieu Dion and Christine Dobby Published Nov 11, 2024  •  Last updated 8 hours ago  •  2 minute read You can save this article by registering for free here. Or sign-in if you have an account. A Garage clothing store in Montreal, Que. Photo by Courtesy Groupe Dynamite

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‘Ethereum is starting to catch a bid’ — US ETFs hit record $295M inflow

The United States spot Ether exchange-traded funds (ETFs) recorded their biggest day of inflows in history, as the crypto market continues to rally after Trump’s election victory.  The ETFs, which launched in July, recorded $294.9 million in inflows on Nov. 11 — smashing the previous record of $106.6 million on launch day.  The Fidelity Ethereum Fund (FETH) led the pack with $115.5 million in inflows — a record for the

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FTX Sues Binance and Changpeng Zhao for $1,800,000,000 Over ‘Fraudulent’ Transfers From SBF: Report

Bankrupt crypto exchange FTX is reportedly suing Binance and its former CEO Changpeng Zhao over alleged fraudulent transfers initiated by Sam Bankman-Fried. The estate of FTX, which collapsed in 2022 when Bankman-Fried mismanaged customer funds, is trying to retrieve $1.8 billion from Binance that it says was sent to Zhao in a stock repurchase deal, Bloomberg reports. Binance, Zhao and other executives from the exchange allegedly received the money from

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Tesla Stock Price Jumps 8% As Trump Trade Continues

Tesla stock shares surged 8% on Monday, building on last week’s postelection rally as the company’s market valuation crossed $1 trillion. The stock’s climb comes after former President Donald Trump secured a second term, with Tesla CEO Elon Musk as a prominent supporter and key financial backer of Trump’s campaign. Analysts see Musk’s close relationship with Trump as potentially advantageous for Tesla, particularly in the areas of artificial intelligence (AI)

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Pepe Coin Price Poised for 30% Upswing in Bullish Rally

Pepe (PEPE) price, a major meme coin, recently experienced a strong price surge, mirroring a broader cryptocurrency market rally. This increase reflects growing bullish sentiment, with investors showing confidence in further gains. Analysts expect continued momentum for altcoins, driven by a generally positive crypto market outlook. Pepe aims for a potential 30% increase as optimism rises across the sector. Pepe Coin Price Eyes Major Gains with 30% Bullish Potential Crypto

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Dow closes above 44,000, tech shares stumble as traders eye inflation data

Allison Joyce/Getty Images The Dow closed above 44,000 and the S&P 500 closed above 6,000 for the first time on Monday. Bitcoin soared 8% to hit a record high as crypto’s post-election rally continued. Investors will focus on inflation data and corporate earnings as the key market drivers this week. US stocks were higher on Monday, with the Dow Jones Industrial Average jumping about 300 points while the Nasdaq 100

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Several injured after car ploughs into crowd in China

A car ploughed into a crowd outside a stadium in the Chinese city of Zhuhai on Monday evening, injuring multiple people, police have said. The 62-year-old male driver, surnamed Fan, has been arrested. Local reports estimate that at least 20 people, many of whom were struck while exercising at Zhuhai Sports Centre, were injured and have been sent to hospital. The incident took place despite heightened security in the city,

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