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The week of Christmas is typically bullish for stocks

(Bloomberg) -- Secondary transactions involving venture-backed startups are on track to hit a new high this year, as companies like OpenAI, SpaceX and Stripe Inc. organize tender offers to get employees paid, and investors look for ways to offload stakes outside of initial public offerings.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousTender offers give staffers, former employees and certain investors a way to sell their shares directly to other investors

On Wednesday, TC BioPharm (Holdings) PLC (NASDAQ:TCBP) announced that its Board of Directors approved a special dividend of 0.25 American Depositary Shares for every 1 ADS held by shareholders, pending shareholder approval. The company intends to hold a general meeting of shareholders on Monday, December 30. The dividend is expected to be declared on December 30, 2024, and payable to shareholders who own the company's stock at the close of trading on January 02, 2025. "We are extremely pleased t

Banks that use Temenos core software can now easily create crypto wallets and have exposure to any type of digital assets they want

Hong Kong's securities regulator on Wednesday approved four cryptocurrency exchanges in the city's latest effort to stay competitive in a race to become a global centre for digital asset trading. Hong Kong has been promoting itself as a hub for assets such as cryptocurrencies in a effort to maintain its attractions as a financial centre. The Hong Kong Securities and Futures Commission said it had granted licences to Accumulus GBA Technology (Hongkong) Co., DFX Labs Company, Hong Kong Digital Asset EX, and Thousand Whales Technology (BVI).

The Dow Jones Industrial Average is skidding, with artificial-intelligence darling Nvidia among the stocks dragging it down. Futures tracking the blue-chip index ticked up 133 points, or 0.3%, on Wednesday as it bids to snap its longest losing streak in nearly half a century. If the Dow falls today, it will have dropped 10 days straight, which would be its worst run since October 1974.

LONDON (Reuters) -British inflation rose to its highest in eight months in November but an underlying measure of price growth watched closely by the Bank of England held steady,...

News of the day for Dec. 18, 2024

(Bloomberg) -- Bitcoin took a breather after topping $108,000 for the first time as traders await an expected Federal Reserve interest-rate cut and assess a wave of optimism from President-elect Donald Trump’s support for crypto.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousThe largest token touched $108,315 on Tuesday before falling back to $104,775 as of 7:33 a.m. Wednesday in New York. The overall value of digital assets came within a whisker of $4 tri

The implementation will improve merchandising, inventory management, product quality and efficiency while cutting waste.