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Kraken Retreats: Crypto Exchange Shuts Abu Dhabi Office, Cuts Workforce
Thursday, February 2, 2023 - 3:15pm | 397Read More...Cryptocurrency exchange Kraken closed its Abu Dhabi office less than a year after obtaining a local license as part of its ongoing retrenchment efforts. The company reportedly laid off most of its team focused on the Middle East and North Africa, affecting around eight employees. The exchange...
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EXCLUSIVE: Boxed To Expand E-Commerce In The Middle East, North Africa And Southeast Asia
Wednesday, October 13, 2021 - 7:31am | 365Read More...A leading e-commerce company that sells bulk consumables and licenses its software to retailers announced a new partnership that increases its international expansion. What Happened: Boxed, which is merging with Seven Oaks Acquisition Corp (NASDAQ: SVOK), is partnering with 786 Holdings...
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Kellogg's To Trace Its Palm Oil Suppliers, While General Mills Looks Internationally For More Opportunities
Wednesday, February 19, 2014 - 3:23pm | 463Read More...Some recent dispatches from the breakfast cereal front. The Battle Creek, Michigan-based Kellogg Company (NYSE: K) says it is working to ensure the palm oil used in its products is responsibly produced, and doesn't come from plantations that harm local environments. According to The Associated...
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Gasoline Prices Headed Higher as Investors Turn to Oil
Friday, July 12, 2013 - 8:51am | 569Read More...Consumers are going to see a spike in the cost of unleaded gasoline at the pump in August according to CNNMoney. One of the prime drivers of the increase, according to Gasbuddy.com analyst Tom Kloza, is an increase in the price of oil and gasoline futures in July. Continued fear over turmoil in...
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How to Profit as China Fights to Maintain Growth
Wednesday, November 30, 2011 - 11:11am | 475Read More...As the financial crisis in Europe continues to worsen, China announced that it will cut bank reserve levels for the first time in three years. The Chinese government is concerned that the problems faced by Europe and the United States could cause the Chinese economy to slow down. The People's Bank...
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How to Profit from Chinese Premier's Call for Democracy
Friday, September 16, 2011 - 8:59am | 611Read More...Chinese Premier Wen Jiabao said that China is in need of political reform during a speech at the World Economic Forum in the Chinese city of Dalian. Although Premier Wen has made numerous similar statements in the past, not all China observers are convinced of the Chinese Premier's sincerity....
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How to Profit from Iran's Call for Peace Talks in Syria
Friday, September 9, 2011 - 9:15am | 582Read More...Syria's months long bloody crackdown against protestors has drawn the condemnation of many world leaders but the latest criticism comes from the country's closest ally, Iran. Iranian President Mahmoud Ahmadinejad reportedly said during an interview with a Portuguese television station that Syria...
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Is China's Economy Finally Slowing Down?
Wednesday, July 13, 2011 - 10:03am | 660Read More...Although the Chinese economy continues to grow at a pace that far exceeds its Western counterparts, there are signs that inflation fighting measures by the Chinese government may be having an impact. While Chinese GDP growth in the 2nd quarter came in at a robust 9.5% above the year earlier period...
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How To Trade Korea On +13.7% Factory Output (LPL, EWY)
Thursday, March 3, 2011 - 7:18am | 363Read More...South Korean stocks rose sharply during Thursday trading in Seoul on news that the country's factory output had surged higher in January. The export-driven economy's factory output climbed 4.6% above the previous month's level and 13.7% above the January 2010 level. The growth looks set to continue...
