Opening Bell: 4.26.24

dealbreaker.com Bets on Rate Cuts This Year Are Fading Away [NYT]The Fed’s preferred inflation index climbed 2.8 percent in March from a year earlier, after stripping out volatile food and…

3 Flying Car Stocks to Buy on the Dip: April 2024

investorplace.com Invest in the future with flying car stocks to buy on the dip, tapping into the burgeoning eVTOL market's explosive growth Flying car or electric vertical takeoff and…

UAE planning second nuclear power plant, sources say

theglobeandmail.com The United Arab Emirates will tender shortly for the construction of a new nuclear power plant that would double the number of the small Gulf state’s nuclear reactors, three…

Ex-Treasury minister to replace Sir Paul Marshall on GB News board

pressgazette.co.uk GB News co-lead investor Sir Paul Marshall has been replaced on the board of the broadcaster’s owner by Theodore Agnew, a former Treasury and Cabinet Office minister. Sir…

Kerry Condon on Channeling ‘Trainspotting’ for IRA Thriller ‘In the Land of Saints and Sinners’ and Upcoming ‘Star Wars: Skeleton Crew’: ‘It’s Really…

variety.com for her role as Colin Farrell’s kind-hearted but cynical — and distinctly less donkey-friendly — sister in Martin McDonagh’s darkly comic “The Banshees of Inisherin,” Kerry…

Microsoft: Unlocking AI Benefits Will Require Cultural Changes for Enterprises

pymnts.com Digital transformation is the name of the game — and that’s great news for Microsoft. The company, which reported its Fiscal Year 2024 Q3 earnings results on Thursday (April…

Skydance Still In Pole Position For Paramount As Two Hash Out Terms; Sony & Apollo Waiting In The Wings

deadline.com Skydance and Paramount are deep into hashing out a complicated deal that would see the David Ellison’s studio and its backers take control of the storied film and television…

Karak — now valued at $1bn

dlnews.com In a move that challenges the dominance of EigenLayer in the restaking sector — which has grown to over $14 billion in crypto assets deposited — Karak’s private access went…

ACHR Stock Alert: Archer Strikes New Air Taxi Deal with Abu Dhabi

investorplace.com ACHR stock is slipping even after announcing the deal Archer Aviation (NYSE:ACHR) stock is in the news Thursday after the electric vertical takeoff and landing (eVTOL)…

ETHARA: FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX PROMISES BIGGEST RACE WEEKEND YET THIS DECEMBER AS SPORT CONTINUES ITS EXPONENTIAL GLOBAL GROWTH

benzinga.com ABU DHABI, United Arab Emirates, April 25, 2024 /PRNewswire/ -- Ethara, the organiser of the Formula 1 Etihad Airways Abu Dhabi Grand Prix 2024 is gearing up to deliver its…

Chainlink Completes Permissionless Rollout For Cross-Chain Interoperability Protocol

thedefiant.io CCIP is already generating $6,669 in daily revenue for Chainlink. Chainlink has completed the general availability launch for its Cross-Chain Interoperability Protocol…

NIO Stock Alert: Nio Signs New Battery Partnership With Lotus

investorplace.com Geely will use Nio's battery swap technology in its high-end Lotus EVs Nio (NYSE: ) announced a battery swapping and charging agreement with Lotus (NASDAQ: ), which Chinese…

Binance Founder Changpeng “CZ” Zhao Requests Probation, Gets Unprecedented Support

coingape.com Binance founder Changpeng “CZ” Zhao’s defense team has asked the court to grant probation as he is a first-time, non-violent offender who committed an offense with no…

Diamante Blockchain Invites Developers to Leverage Its Protocol, Diamante Net, for dApp Innovation

coinpedia.org The post Diamante Blockchain Invites Developers to Leverage Its Protocol, Diamante Net, for dApp Innovation appeared first on Coinpedia Fintech News Abu Dhabi, UAE, April…

What is cloud seeding and did it cause Dubai's severe rainfall?

theweek.com The Persian Gulf was recently hit with a in the span of two days, causing extensive flooding. Some have speculated that the United Arab Emirates' (UAE) attempt at cloud…

Opening Bell: 4.24.24

dealbreaker.com ‘Thunder Run’: Behind Lawmakers’ Secretive Push to Pass the TikTok Bill [NYT]For nearly a year, lawmakers and some of their aides worked to write a version of the bill,…

First Mover Americas: Hedera's HBAR Soars on Exaggerated BackRock Link

coindesk.com Binance's founder and former chief executive, Changpeng "CZ" Zhao, should spend three years in prison for his role in enabling the crypto exchange to violate federal…

3 Flying Car Stocks to Buy For 10-Bagger Returns by 2030: April Edition

investorplace.com eVTOL companies are on track for 2025 commercialization, followed by aggressive expansion When Tesla (NASDAQ: ) stock got listed, the story was shrouded by skepticism. There…

US prosecutors argue Binance founder Changpeng Zhao should spend three years in prison and pay $50M for his role violating sanctions and money laundering laws

coindesk.com Binance's founder and former chief executive, Changpeng "CZ" Zhao, should spend three years in prison for his role in enabling the crypto exchange to violate federal…

U.S. prosecutors seek 36-month sentence for ex-Binance CEO Changpeng Zhao

nbcnews.com U.S. prosecutors are seeking an above-guidance sentence of 36 months for the former CEO of cryptocurrency exchange Binance on charges of enabling money laundering, according…

See inside Etihad's giant Airbus A380 that is flying to the US again after being nearly forced into retirement

aol.com None Etihad Airways has reintroduced its Airbus A380 superjumbo on US flights after a four-year hiatus. • None The A380 was almost retired during the pandemic, but Etihad…

US DOJ seeks 36-month sentence and $50 million fine for ex-Binance CEO Changpeng Zhao

cryptoslate.com The US Department of Justice has recommended a 36-month prison sentence alongside a $50 million fine for the former CEO of Binance, Changpeng Zhao. In response, Zhao’s legal…

NASA releases satellite photos of Dubai and Abu Dhabi before and after record flooding

cnbc.com NASA released photos of parts of Dubai and Abu Dhabi before and after the United Arab Emirates was hit by record rainfall last week that caused dangerous floods and…

I've visited 93 countries, 57 of them with kids. These 5 underrated spots are great places to enjoy with your family

businessinsider.com Karen Edwards, her husband and children at the Al Ain Oasis. Courtesy of Karen Edwards Karen Edwards has traveled to 93 countries, and 57 of them have been with her young…

Layoffs Watch ’24: Brevan Howard

dealbreaker.com Hedge fund Brevan Howard Asset Management has been spending an awful lot lately. There’s the three-quarters of a billion dollars going to its new commodities push. There's…

Mitsui says no decision yet on ADNOC LNG project tie-up after Nikkei report

theglobeandmail.com Japan’s Mitsui & Co said on Tuesday nothing has been decided on a liquefied natural gas (LNG) project in the United Arab Emirates, after the Nikkei reported it was teaming…

UAE floods shown in incredible before-and-after satellite photos

newsweek.com Severe flooding in the United Arab Emirates (UAE) has been captured in before-and-after satellite photos shared by the NASA Earth Observatory. A year's worth of rain…

UAE denies funding political assassinations in Yemen through US mercenaries

middleeastmonitor.com The United Arab Emirates (UAE) has funded politically-motivated assassinations in Yemen, according to a BBC report which Emirati authorities have denied. Citing an anonymous…

How to build a global business empire in the 21st century

economist.com No firm is an island. All strike contracts and compete with others. Conversely, when bosses decide a particular relationship would be better governed by fiat, one firm may…

OVG’s Co-op Live, UK’s Biggest Arena, Delays Opening Following Test Launch

billboard.com The United Kingdom’s biggest entertainment arena has pushed back its official opening by one week following a preview show that saw a number of tickets cancelled hours…

Etihad's mammoth Airbus A380 has returned to the US after nearly retiring. Take a look at its exclusive $24,000 'The Residence' first-class suite

aol.com None Etihad Airways has returned its beloved Airbus A380 to New York amid booming demand. • None The decision comes after the airline nearly retired the quad-engine…

These supersized clownfish robots could be coming to waterways in the Middle East

aol.com The world’s oceans, lakes and rivers are under mounting pressure from climate change, growing demand, urbanization, and pollution, threatening their ability to sustain life.…

Nio Stock’s Grim Reality: 3 Brutal Truths Dooming the Once-Promising EV Upstart

investorplace.com Nio will keep sinking to new lows, due to growth, profitability and dilution issues So far this month, Nio (NYSE:NIO) has continued sinking to new lows. At around $4 per…

10 Best Crypto Exchanges in Bahrain

coingape.com Cryptocurrency is legal in Bahrain and there are regulatory bodies in the country and we considered some major factors in our study. The Central Bank of Bahrain (CBB) rules,…

Report: US Looks to Forge AI Partnerships With UAE

pymnts.com The White House reportedly wants U.S. artificial intelligence (AI) companies to form partnerships in the United Arab Emirates (UAE). By launching operations in the UAE, the…

Many airlines have 'stopover' programs that let travelers tour a city between connecting flights, and some will even pay for a hotel

aol.com None Many people intentionally book flights with long connections so they can explore the layover city. • None Airlines capitalize on this trend with "stopover" programs,…

Binance re-enters India as Dubai grants licence: Reports

dlnews.com Embattled crypto behemoth Binance seemed to hit a winning streak this week. After announcing a licence approval from Dubai’s virtual asset regulator, reports said that…

UNITED PARKS & RESORTS INC. ANNOUNCES FIRST QUARTER EARNINGS RELEASE DATE AND CONFERENCE CALL INFORMATION

benzinga.com ORLANDO, Fla., April 18, 2024 /PRNewswire/ -- United Parks & Resorts Inc. PRKS announced today that it will release its first quarter financial results before the market…

Regulations, Innovations and AI Define This Week in Big Tech

pymnts.com Big Tech companies, including Meta, Alphabet (Google), Amazon, Apple and Microsoft, aren’t getting any smaller. Not only do these businesses represent many of the world’s…

Binance Back on Their Feet With Dubai Crypto Licence Following CZ’s Resignation

cryptonews.com Binance, the world’s largest cryptocurrency exchange, secured a highly anticipated crypto license in Dubai following the resignation of Changpeng Zhao “CZ” as CEO. Binance…

United Arab Emirates struggles to recover after heaviest recorded rainfall, massive flooding, hits desert nation

pbs.org DUBAI, United Arab Emirates (AP) — The United Arab Emirates struggled Thursday to recover from the heaviest recorded rainfall ever to hit the desert nation, as its main…

Satya Nadella just tried to show everyone who's boss in AI, again

aol.com None Satya Nadella is hoping to prove he's the shrewdest dealmaker in AI. • None Microsoft just put $1.5 billion in UAE firm G42 while getting it to divest its China ties. •…

Desmarais-backed Sagard buys stake in U.S. private equity firm, boosting assets under management to $25 billion

financialpost.com Sagard, an alternative asset management firm controlled by Quebec’s Desmarais family, is acquiring a strategic stake in Connecticut-based Performance Equity Management,…

QCP Capital and Further Ventures Announce Partnership for Middle East Crypto Expansion

coindesk.com Singapore-based cryptocurrency trading firm QCP Capital and Further Ventures on Wednesday announced in Dubai a partnership to expand into the Middle Eastern markets by…

UAE deluged after historic storm dumps record rain across the desert nation

pbs.org DUBAI, United Arab Emirates (AP) — The desert nation of the United Arab Emirates attempted to dry out Wednesday from the heaviest rain ever recorded there after a deluge…

CMA CGM Outsources New Trans-Pacific Service to Atlas Air

benzinga.com Ocean shipping giant CMA CGM's startup cargo airline has hired U.S.-based Atlas Air to provide crews for the launch this year of a trans-Pacific route with new Boeing 777…

Crypto conferences liquidated after biblical flooding in Dubai

theregister.com And the Lord looked down upon the crypto bros and He was grieved in His heart. So the Lord said, "I will send down upon thee a flood to wash out thy crypto conference."…

UAE’s Klickl Secures ADGM Financial Services Permission, Revolutionizing Finance with Integrated Tradefi and Web 3.0

cryptopotato.com [PRESS RELEASE – Dubai, United Arab Emirates, April 17th, 2024] Klickl International, a forward-thinking provider of financial infrastructure based in Abu Dhabi, is pleased…

Microsoft invests US$1.5 billion in UAE’s G42 in pivot from China

scmp.com The Microsoft investment will align a key Middle East firm with the US, as Washington seeks to curtail Chinese access to AI technologies. As part of the accord, Microsoft…

Bitcoin halving is likely this week

cnbc.com The bitcoin "halving" is almost upon us. This technical event, written in bitcoin's code, happens every four years. In simple terms, it is when the rewards for bitcoin…

Best Crypto Exchanges in the UAE?

watcher.guru Unveiling the Best Crypto Exchanges in the UAE If you’re into cryptocurrency and you find yourself in the UAE, you might be wondering what the best crypto exchanges are.…

Tuesday links: buying business with cash

abnormalreturns.com Strategy Joe Wiggins, "It is important to remember that behavioural finance would be redundant if it were easy; if it wasn’t hard it wouldn’t be useful."…

Microsoft takes $1.5 billion stake in Emirati AI company G42

fortune.com Microsoft is investing $1.5 billion in a technology firm based in the United Arab Emirates and overseen by the country’s powerful national security adviser. Microsoft and…

Microsoft invests in Arabic AI firm as U.S. tries to limit China’s sway

washingtonpost.com Microsoft plans to invest $1.5 billion in an Abu Dhabi-based artificial intelligence company, a deal that could limit China’s influence in the Gulf region amid rising…

Thames Water to ask debt markets for survival plan funding

theguardian.com Thames Water is preparing to tap debt markets within weeks in an attempt to fund a rescue plan and repair its threadbare finances, the Guardian can reveal. It is understood…