Usa Financial News
29.08 / 19:39
UPS
Provident
Manufacturing
Southern
Albemarle
cover
MacCap in partner search for one of world’s biggest lithium projects
The dealmaking interest in ASX-listed lithium miners has spilled over to their unlisted counterparts.
29.08 / 19:39
COST
Citi
Reuters
Mexico’s Trion field to produce 110,000 barrels of oil daily by 2028
Mexico City | Woodside Energy Group estimates peak production from the Trion deepwater field it is developing with Mexico’s state oil company Pemex will reach 110,000 barrels per day (bpd) by 2028, Mexico’s oil regulator said on Tuesday (Wednesday AEST).
29.08 / 19:38
country
Food & health security, Global South challenges to be in focus at G20 Summit
G20 Summit gets underway in New Delhi next week under India's presidency. The September 8-10 meeting will see more than 30 heads of delegations, including the presidents of USA, China, France, UK and Brazil, and leaders of invitee countries from Southeast Asia, South Asia and the Arab world, debate pressing global issues, according to officials. The summit is being seen as a major achievement of the Indian government under Prime Minister Narendra Modi, who is expected to hold meetings with each of the visiting leaders.
29.08 / 19:37
Twitter
Digital
Aware
Platform
social
US election
X will allow political ads from candidates, parties ahead of US election
X, the social media company formerly known as Twitter, said Tuesday it would now allow political advertising in the US from candidates and political parties and expand its safety and elections team ahead of the 2024 presidential election. Before billionaire Elon Musk acquired the company in October, Twitter had banned all political ads globally since 2019. In January, Twitter lifted the ban and began allowing «cause-based ads» in the US that raise awareness of issues such as voter registration, and said it planned to expand the types of political ads it would allow on the platform.
29.08 / 19:33
Ethereum
Stablecoin
defi
coinbase
Circle
Usd Coin
BaSe
network
week
USDC will launch natively on Base network 'next week' — Jeremy Allaire
Circle’s United States dollar stablecoin, USDC, will launch natively on the Base network “next week,” according to an Aug. 29 social media post from CEO Jeremy Allaire. The new version will replace the current US Dollar Base Coin (USDbC) that most users rely on as a substitute.
29.08 / 19:33
Blockchain
Ethereum
Adoption
Altcoin
Bitcoin
financial literacy
Financial
Researchers develop crypto literacy scale to measure consumer financial awareness
A trio of researchers from the University of Cincinnati recently developed a crypto literacy scale (CLS) to help standardize and measure economic and financial knowledge as it relates to consumer and policymaker understanding of cryptocurrencies and related technology.
29.08 / 19:25
29.08 / 19:25
29.08 / 19:23
COST
UPS
show
‘Leisure travellers returning to India’
International leisure travellers are gradually returning to India, Australia’s Intrepid Travel, which offers services to small groups of travellers for overseas vacations, said. India is the company’s second largest market where tourists from Australia, the US, and the UK arrive in large numbers. In 2021, France-based family office Genairgy, owned by Julien Leclercq, a board member and shareholder of global sports retailer Decathlon, had picked up a significant minority stake of 30% in Intrepid.
29.08 / 18:55
UPS
Target
Manufacturing
Align
Avaada to grow workforce by 300% in 2 yrs
Renewable energy firm Avaada Group is set to expand its workforce by nearly 3,000 employees in the next two years, Vineet Mittal, chairman and founder, Avaada said in an interview. At present, Avaada employs around 700 people. The expansion is aligned with its increasing activities in solar module manufacturing as well as green hydrogen operations.
29.08 / 18:49
29.08 / 18:49
29.08 / 18:19
12 more charges laid against Ontario man accused of aiding suicides
deadly substance online to those at risk of self-harm.York Regional Police Insp. Simon James told reporters on Tuesday that Kenneth Law has now been charged with a total of 14 counts of counselling or aiding suicide within the province of Ontario.James alleges Law operated several websites selling sodium nitrite — a substance which can be lethal in large doses.Sodium nitrite is a white, crystalline substance used as a food additive and typically found in processed meats.
29.08 / 18:11
Mobile
Goldman pays $5.5 M over allegation it didn't record calls
Goldman Sachs Group Inc. agreed to pay $5.5 million to settle a US regulator's allegations that it failed to fully record and retain thousands of phone calls. The Commodity Futures Trading Commission alleged on Tuesday that two separate outside systems the Wall Street giant relied on to record some audio conversations, as required by the the regulator, sometimes failed during 2020.
29.08 / 18:11
29.08 / 18:11
29.08 / 17:55
COST
UPS
FIVE
UBS
country
Takeover
UBS set for record quarter, plenty of post-takeover questions
UBS Group investors are bracing for plenty of superlatives and drama as the Swiss lender prepares to unveil the first quarterly results since taking over Credit Suisse in an unprecedented government-led rescue.
29.08 / 17:37
UPS
BLOCK
ETF
SEC
Fighting
Mercantile
Bitcoin
Grayscale wins appeal against SEC paving way for possible spot-bitcoin ETF
Grayscale Investments LLC moved closer to launching a spot-based bitcoin exchange-traded fund in the U.S., a potential watershed moment in the cryptocurrency industry’s quest to tap billions of dollars from everyday investors.
29.08 / 16:55
Twitter
FIVE
Reuters
Platform
Pakistan ex-PM Imran Khan's graft conviction suspended, but no quick release
Imran Khan's recent conviction on corruption charges, his lawyer Naeem Panjutha said, but it will not lead to his release as a judge has ordered his detention in another case. The 70-year-old former cricket hero has been at the centre of political turmoil in the crisis-ridden nuclear-armed state since his ouster in a parliamentary vote of confidence in April 2022, and his relations with Pakistan's powerful generals have deteriorated badly over the past year. Khan was imprisoned on Aug. 5 after being sentenced to three years jail for unlawfully selling state gifts during his tenure as prime minister from 2018 to 2022.
29.08 / 16:43
Digital
Aware
Bitcoin
voice
Crypto-asset
banking system
US Banking System Faces Crypto-Asset Risks, FDIC Warns in 2023 Review
The Federal Deposit Insurance Corporation (FDIC) has highlighted potential risks associated with crypto-assets to the U.S. financial framework. This insight emerged from the FDIC's 2023 Risk Review, which, for the first time, included a segment on bitcoin. The report characterized the challenges posed by digital assets as both novel and intricate.
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