Tag: general
General Motors Addressed Rumors of Its Restructuring in China Amidst Market Challenges
Recently, General Motors (GM) addressed rumors circulating on Chinese social media about a potential restructuring of its operations in China. The company emphasized the pragmatic approach they are taking to navigate the Chinese market. In an official statement, GM acknowledged the importance of its business in China for its current operations and future strategy. They
Trust in general insurers and insurance intermediaries drops: Study, Singapore News
SINGAPORE — The level of trust Singapore consumers have in general insurers and their intermediaries like brokers and advisers slipped in 2024, compared with the previous year, a study has found. The 2024 insurance trust indicator study, commissioned by the local insurance sector to help improve confidence and practices, found that consumers' trust in general insurers dipped to
General Election: Sinn Féin pledge to introduce Minister for Reunification
The Sinn Féin party leader also said she believes younger party members shouldn't have to account for atrocities committed by the IRA...
General Motors Bets On Domestic Lithium Supply With $50 Million Funding Round
GM has placed a bet on the domestic supply of lithium by leading a $50-million funding round for a mining startup dubbed Energy Exploration Technologies, or EnergyX. The company also said it had entered a strategic partnership with EnergyX to jointly develop the latter’s lithium extraction and processing technology...
GOP attorneys general call for scrapping FDA approval of abortion pill
While Republicans have largely said that abortion is a state issue following the fall of Roe v. Wade, conservative-led states are now on record backing a nationwide injunction on the use of a key drug used in medication abortions. Driving the news: 22 Republi…
Mass General Brigham posts nearly $1.5 million Q1 operating loss
Mass General Brigham posted a $1.43 million operating loss in the first quarter of its fiscal year 2023...
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Bitcoin
Bitcoin reclaiming its $69,000 holder cost basis could open XRP’s path to $1.26
Bitcoin’s move toward $69,000 would put XRP near $1.20, with renewed strength against BTC opening a path toward $1.26. Jul. 17, 2026 at 11:35 am GMT 3 min read Glassnode says Bitcoin’s $69,000 short-term holder cost basis is the next recovery test for the market and XRP. If Bitcoin reclaims it, XRP could hold near
Cardone
Grant Cardone Stacks Another 10.5 Bitcoin From July Rent Cash Flow, Keeping Holdings Above 2,700 BTC
Real estate mogul Grant Cardone said Cardone Capital added another 10.5 BTC from July property cash flow, bringing his total keep somewhere around 2,700 BTC. Key Takeaways Cardone Capital added 10.5 BTC from July real estate cash flow, bringing total to more than 2,700 BTC. Grant Cardone targets 3,000 BTC in 2026 and 10,000 BTC
Morgan
Morgan Stanley Completes E*Trade Crypto Rollout With 50 Basis Point Fees: Here’s What Clients Get
Morgan Stanley’s E*Trade finished rolling out spot bitcoin, ether and solana trading to U.S. clients on July 16, undercutting rivals with a 50-basis-point fee as Wall Street’s crypto race accelerates. Key Takeaways E*Trade now offers spot BTC, ETH and SOL trading 24/7, with Zerohash handling custody and settlement. Morgan Stanley’s 50-basis-point fee undercuts Coinbase and
Bitcoin
Glassnode: Bitcoin Tests Key Resistance as Macro Narrative Evolves
Bitcoin reacted more strongly than major equity markets to softer US inflation, highlighting a growing sensitivity to macro liquidity conditions. On-chain data suggests selling pressure from long-term holders is easing while buyers absorbed much of June’s decline. The short-term holder cost basis near US$69,000 (AU$100,050) is emerging as the next major resistance, with stronger spot
Crypto
Crypto.com Secures $400M Investment From Citadel Securities at $20B Valuation
Global market maker Citadel Securities has invested $400 million in crypto exchange Crypto.com, giving the platform a $20 billion valuation, according to a Thursday announcement. Crypto.com, which has a number of digital asset products, said the cash would help the Singapore-based company expand its services to assets such as blockchain-based securities and derivatives. The cash