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JPMorgan Chase will pay $1 billion for full ownership of the Chinese mutual fund joint venture, according to Reuters.
JPMorgan Chase will pay $1 billion for full ownership of the Chinese mutual fund joint venture, according to Reuters.

  Reuters. File photo. A woman walks past JPMorgan Chase Bank in New York’s Times Square. SHANGHAI (Reuters) – JPMorgan Chase (N:) will pay $1 billion for full ownership of its China mutual fund business, analysts said in a statement on the Shanghai...

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Aug 25, 2020
European stocks rally from lows on virus treatment hopes By Reuters
European stocks rally from lows on virus treatment hopes By Reuters

  Reuters. The chart shows the DAX chart of the German stock index on the Frankfurt Stock Exchange. By Sruthi Shankar. (Reuters) – European stocks rebounded from two-week lows on Monday as signs of progress in developing a COVID-19 treatment offset f...

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Aug 24, 2020
Here are 7 factors that can derail the Bitcoin bull market.
Here are 7 factors that can derail the Bitcoin bull market.

  The continued rise in the price of bitcoin is lucrative for traders on cash and derivatives exchanges, however, there are several factors that could affect the trajectory of the currency. This article will delve into the danger signs to watch out f...

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Aug 24, 2020
Reportedly, a $1 million ransom for bitcoin was cashed in on Binance.
Reportedly, a $1 million ransom for bitcoin was cashed in on Binance.

  Researchers found evidence that more than $1 million worth of Bitcoin (BTC) from addresses linked to the Ryuk ransomware attack was transferred through a wallet on Binance. According to an Aug. 23 Forbes report, researchers took a sample of 63 tran...

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Aug 24, 2020
Step aside Amazon, you could soon order ‘everything’ using Tata’s super app
Step aside Amazon, you could soon order ‘everything’ using Tata’s super app

  India’s Tata Group is reportedly looking to roll out a “super app” that will pit it against rivals, including Amazon AMZN, +1.13% and billionaire Mukesh Ambani-controlled Reliance Industries, in one of the world’s fastest-growing e-commerce markets...

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Aug 24, 2020
Markets await Fed’s Jackson Hole symposium, dollar weakens By Investing.com
Markets await Fed’s Jackson Hole symposium, dollar weakens By Investing.com

  Copyright Reuters. By Peter Nurse. Investing.com – The U.S. dollar weakened slightly in early European trading on Monday, dragged down by the U.S. authorization of a new coronavirus treatment, but the decline has been minimal as traders look for gu...

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Aug 24, 2020
Target reported record quarterly earnings and comparable sales and $5 billion in market share growth in the first half of 2020.
Target reported record quarterly earnings and comparable sales and $5 billion in market share growth in the first half of 2020.

  Target reported a record second quarter earlier Wednesday, with profits and comparable sales supported by market share growth and customer service options across its digital platform that drove shoppers to stores. target company TGT ,+12.65% . Net...

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Aug 20, 2020
Hedge Funds Bet Euro Will Rise to $1.25 After U.S. Election By Bloomberg
Hedge Funds Bet Euro Will Rise to $1.25 After U.S. Election By Bloomberg

  Reuters. Hedge funds are betting that the euro will rise to $1.25 after the U.S. election. (Bloomberg) Hedge funds are becoming more bullish on the euro. Not only are they betting that the currency’s rally will continue, but they think it will rise...

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Aug 20, 2020
Developers propose plans to protect Ethereum’s classic network from further attacks.
Developers propose plans to protect Ethereum’s classic network from further attacks.

  Ethereum Classic (ETC) accelerator Ethereum Classic Labs announced a plan to protect the protected blockchain from further attacks. On August 19, the organization proposed immediate action to implement long-term changes to the network architecture...

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Aug 20, 2020
Dollar weakens ahead of Fed minutes; Pound rises by Investing.com
Dollar weakens ahead of Fed minutes; Pound rises by Investing.com

  Reuters. By Peter Nurse Investing.com – Wednesday morning in Europe, the US dollar weakened, with the Federal Reserve minutes in focus, while stronger-than-expected inflation boosted the pound. At 2:50 a.m. ET (0650 GMT), the dollar index, which tr...

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Aug 20, 2020
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