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FTX’s Chapter 11 Plan to Go into Effect on January 3rd, 2025

FTX Trading Ltd. and its affiliated debtors have announced the effectiveness of their Chapter 11 Plan of Reorganization, scheduled for January 3, 2025. This...

1 hour ago

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Stocks rise, Nasdaq at record high as Fed decision, data awaited

By Lisa Pauline Mattackal and Purvi Agarwal (Reuters) – The S&P 500 and the Nasdaq rose on Monday, as investors looked ahead to an...

1 hour ago

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Shein weighs sale of less than 10% of company in London IPO, sources say

By Julie Zhu and Anousha Sakoui HONG KONG/LONDON (Reuters) -Fast fashion retailer Shein is considering asking UK regulators to waive listing rules that require...

1 hour ago

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Jefferies Upgrades Bristol Myers Squibb to ‘buy’ on drug Cobenfy

Investing.com — Jefferies upgraded Bristol-Myers Squibb Company (NYSE:BMY) to “buy” from “hold” and raised its price target by $7 to $70, amid an improved confidence...

1 hour ago

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Trump signals potential reconsideration of TikTok ban

In a recent turn of events, President-elect Donald Trump has indicated a possible reassessment of the impending prohibition of TikTok Inc., a stance that...

1 hour ago

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Luxury and energy sectors weaken European shares; French stocks fall 0.7%

By Sruthi Shankar and Shashwat Chauhan (Reuters) – European shares closed lower on Monday, bogged down by heavyweight luxury and energy shares after disappointing...

1 hour ago
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