(Reuters) – Property developer China Vanke said on Monday its chairman Yu Liang and CEO Zhu Jiusheng had resigned, amid growing concerns over the company’s liquidity as it faces several debt maturity deadlines this year. Xin Jie, the chairman of its major state-owned shareholder Shenzhen Metro, will become Vanke’s new chairman, signalling increased state oversight […]
Read More
US stocks haven’t done all that well in recent months amidst tariffs driven uncertainty that’s been brewing concerns of a potential recession ahead. Against such a challenging macroeconomic backdrop, however, Jordi Visser of 22V Research is convinced that the world’s largest cryptocurrency by market cap, Bitcoin, will do well in 2025. BTC has already recovered […]
Read More
Tether seeks to expand access to collateralised lending across the digital assets ecosystem and sees Bitcoin-backed loans platform Ledn as a key player. USDT issuer Tether, one of the largest crypto companies in the world, announced this move with a strategic investment in Ledn. The investment is part of Tether’s commitment to global financial inclusion, […]
Read More
The American cattle ranching industry is blasting President Donald Trump’s proposal to purchase beef from Argentina in an effort to lower supermarket beef prices. “This plan only creates chaos at a critical time of the year for American cattle producers, while doing nothing to lower grocery store prices,” Colin Woodall, CEO of the National Cattlemen’s […]
Read More
In an unprecedented turn of events, Germany’s conservative leader Friedrich Merz failed to secure the parliamentary majority required to become chancellor, just months after his bloc won the federal elections. Merz, leader of the Christian Democratic Union (CDU), received 310 votes in the 630-seat Bundestag — six short of the 316 needed for an absolute […]
Read More
The conservative movement has found itself in a season of confusion in recent weeks. Former friends quarrel, familiar institutions are in turmoil, and some voices, both new and old, on the right have begun to wonder aloud whether the United States should still stand with Israel. That question deserves a resolute answer, and the answer […]
Read More
Investing.com — Universal Music Group (AS:UMG) and Spotify (NYSE:SPOT) have announced a new multi-year deal for recorded music and publishing, the companies announced in a Sunday statement. The agreement includes a direct license between Spotify and UMG, spanning the US and several other countries, they said. “Under the new agreements, UMG and Spotify will collaborate […]
Read More
The crypto market had big expectations for XRP this week, but reality delivered something messier. After Canary Capital’s XRPC ETF crushed day-one records with $58 million in trading volume and $245 million in inflows on November 13, XRP looked poised for a breakout. Instead, the token stumbled hard, losing 4.3% to plunge from $2.31 to […]
Read More
Customers of the athletic shoe company On have filed a class action lawsuit alleging that some of the brand’s sneakers squeak embarrassingly loudly when they walk. The class action suit, filed in the U.S. district court in Portland — where On’s U.S. headquarters is located — on October 9, targets On’s shoes made with ‘CloudTec’ technology. […]
Read More
The chair of the House Republican campaign arm says the Democrats’ sweeping victories in this month’s 2025 elections are a ‘wake-up call’ for GOP voters. And Rep. Richard Hudson of North Carolina, who’s chairing the National Republican Congressional Committee for a second straight election cycle, said in an exclusive interview with Fox News Digital that […]
Read More