Hype News
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10/02/2023
Billionaire Sawiris' $7.39 billion fortune grows with new ventures
https://newsotg.com/2023/02/10/europe/billionaire-sawiris-7-39-billion-fortune-grows-with-new-ventures/
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Billionaire Sawiris' $7.39 billion fortune grows with new ventures - News OTG Nassef Sawiris, the most wealthy person in North Africa and the Arab world, is making news with his current business activities and the expansion of his already enormous fortune. Sawiris is the fifth-richest person in Africa with a net worth of $7.39 billion, and he isn't showing any signs of slowin...
19/01/2023
Top Sectors for Investment on the New York Stock Exchange during the current market trends
https://newsotg.com/2023/01/19/world-news/top-sectors-for-investment-on-the-new-york-stock-exchange-during-the-current-market-trends
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Top Sectors for Investment on the New York Stock Exchange during the current market trends - NewsOTG Also, It is worth mentioning that the current market conditions also provide a good opportunity for investors to diversify their portfolios. Instead of putting all their eggs in one basket, investors can spread their risk by investing in different sectors and industries. This can help to mitigate th...
21/12/2022
https://newsotg.com/2022/12/21/asia/indias-edtech-major-byjus-intends-to-dissolve-deal-with-bcci/
India's Edtech Major Byju's intends to dissolve deal with BCCI - NewsOTG "On December 2, 2022, MPL Sports sent BCCI an email requesting a complete assignment (team + merchandising) at full value to Kewal Kiran Clothing Limited, a fashion wear company, for the time period of January 1, 2023, through December 31, 2023.
21/12/2022
Core Scientific files for bankruptcy as crypto winter bites - NewsOTG The biggest blow occurred after significant cryptocurrency exchange FTX sought bankruptcy relief last month. According to the corporation, its assets and liabilities ranging from $1 billion to $10 billion, and its creditors range from 1,000 to 5,000. Other cryptocurrency miners' stock prices have fa...
21/12/2022
https://newsotg.com/2022/12/21/asia/hyundai-ioniq-5-ev-launched-in-india/
Hyundai Ioniq 5 EV launched in India - NewsOTG After the Kona, the Ioniq 5 is Hyundai's second electric vehicle. The 58kWh and 72.6kWh battery types of the international model have a driving range of 385 km and 480 km, respectively. There are 2WD and 4WD (four-wheel drive) versions of both battery models. It advertises a top speed of 185 kph and...
21/12/2022
https://newsotg.com/2022/12/21/europe/us-to-send-1-8-billion-in-aid-to-ukraine/
US to send $1.8 billion in aid to Ukraine - NewsOTG Due to the risk of an escalation, the US initially resisted giving the Patriots to Ukraine. It was questioned if US forces would have been needed to operate them and whether they would require extensive training.
21/12/2022
https://newsotg.com/2022/12/21/europe/britains-purplebricks-to-cut-more-than-10-of-jobs/
Britain's Purplebricks to cut more than 10% of jobs - NewsOTG Online-only companies advertise homes for sale or rent, but they give owners more of the work to do.This year, Purplebricks had a number of significant management changes, including the October appointment of Dominique Highfield as its new chief financial officer (CFO).
21/12/2022
Musk to step down as Twitter CEO after finding a replacement - NewsOTG Musk acknowledged he had too much on his plate and declared he would look for a new CEO of Twitter. But he claimed on Sunday that there was no one in place to take his place and that "no one wants the position who can truly keep Twitter alive."
14/12/2022
Gain expertise in AWS without breaking the bank
Tech Tips for Newbies - NewsOTG Visit https://techsecrets.newsotg.com to find the most recent How To Technology Tips & Tricks for your smartphone, laptop, and other devices.
29/10/2022
https://newsotg.com/2022/10/29/latest-news/week-ahead-with-federal-reserves-interest-rate-decision/
Week ahead with Federal Reserve's interest rate decision - NewsOTG The October PMI data will be the cynosure of all eyes in China for new indicators of how the world's second-largest economy began Q4. In other news, South Korea will release October PMIs, trade balances, and inflation figures.
29/10/2022
Maserati GranTurismo Folgore makes its premiere with a 750bhp tri-motor arrangement - NewsOTG Maserati's Nettuno engine, a cutting-edge twin-turbocharged V6 with F1-inspired dual-combustion chambers, is housed beneath the hood. It replaces the previous technological mannequin, which was available from 2007 to 2019.
29/10/2022
https://newsotg.com/2022/10/29/latest-news/dogecoin-surges-on-elon-musks-twitter-deal/
Dogecoin surges on Elon Musk's Twitter deal - NewsOTG Binance, which has invested $500 million in the Twitter purchase, says it is thinking about how blockchain and cryptocurrency may benefit the social media platform. Tesla CEO Elon Musk has had a significant impact on the pricing of dogecoin and bitcoin.
10/09/2022
https://newsotg.com/2022/09/10/europe/vinfast-delivers-first-electric-suvs-eyes-u-s-deliveries/
VinFast of Vietnam delivers first electric SUVs eyes U.S. deliveries VinFast will begin delivering automobiles internationally in November.
08/09/2022
Central Bank of Chile revises up inflation projection, sees rebound in 2024 - NewsOTG The adjustment occurs at a time when job growth has stalled, real wages are still declining, and the remaining stimulus funds from 2021 have run out, it continued. The average copper price is predicted to be $4.00 per pound this year, down from the previously predicted $4.25.
08/09/2022
Amazon removes products that disable car seatbelt alarms from its Indian marketplace listings - NewsOTG The auto market in the world saw a resurgence of the conversation over traffic safety when local media revealed that Mistry wasn't using a seatbelt. In contrast to reports that metal clips from Amazon were used to circumvent the alert that usually continues to ping when seatbelts are not in use whil...
08/09/2022
https://newsotg.com/2022/09/08/latest-news/animoca-brands-raises-us110-million-in-funding-round/
Animoca Brands raises US$110 million in funding round - NewsOTG Animoca Brands, a Blockchain developer and Singapore-based developer of blockchain games, announced on Thursday that it had raised $110 million from investors.In July, the blockchain game developer raised $75. 3 million following a fundraising drive that now values the firm at A$8. 2 billion ($5. 5....
06/09/2022
Gustavo Arnal, 52, died after falling from the "Jenga" tower in New York's Tribeca - NewsOTG Gustavo Arnal, 52, died after falling from the "Jenga" tower in New York's Tribeca neighborhood on Friday afternoon. Police discovered the body of a 52-year-old man who had been injured in a fall near the building.
05/09/2022
Taiwan's ProLogium shortlists four European nations for a $8 billion battery facility - NewsOTG Accuracy has been hired by ProLogium to select a location for the facility, which will have a capacity of 120-gigawatt hours (GWh) to supply electric cars (EVs) and employ thousands of people, according to the consulting firm.
05/09/2022
Amazon exploring entering the Japanese prescription medicine sales sector - NewsOTG According to Nikkei, Amazon aims to cooperate with small and mid-sized pharmacies for the service, which will launch next year when electronic prescriptions become legal in Japan for the first time.
05/09/2022
Euro fell below 99 cents for the first time in twenty years after Russia's gas pipeline to Europe closed - NewsOTG The euro fell below 99 cents for the first time in twenty years, and European gas prices rose after Russia announced that its main pipeline to Europe would remain closed. The announcement fueled worries of a European recession, with sky-high energy prices hurting firms and people.
05/09/2022
Hong Kong's High Court grants China Evergrande Group's request to postpone lawsuit against it until November 7 - NewsOTG On Monday, Hong Kong's High Court granted China Evergrande Group's request to postpone a winding-up case against it until November 7. An investor filed the suit in June after the developer failed to honor a $110 million buyback deal.
05/09/2022
Ex-Georgia PM, Ivanishvili accuses Credit Suisse unit for $1.27 billion loss in Singapore lawsuit - NewsOTG Credit Suisse is reeling from billions of dollars in losses from failed investments in 2021, as well as the impact of multiple legal cases, including a Bermuda court case involving Ivanishvili that could cost up to $600 million.
05/09/2022
EU pushing multibillion-euro packages to keep utilities from liquidity crunch crush - NewsOTG Nord Stream 1, which runs beneath the Baltic Sea to Germany, has historically supplied roughly one-third of Russia's gas exports to Europe. The news sent European financial markets into a tailspin, with the euro falling to a 20-year low and stocks plummeting.
05/09/2022
Germany, Europe`s largest economy, still on track for recession despite new government plan - NewsOTG Germany, Europe's largest economy, is still on track for a recession, according to experts, despite a new government proposal to spend 65 billion euros ($64.49 billion) to protect energy users and companies from rising inflation.
05/09/2022
Volkswagen's top management to meet later on Monday on Porsche listing - NewsOTG If investors place a value on Porsche AG at the top end of current estimations, which range from 60 to 85 billion euros. Volkswagen CFO and COO Arno Antlitz repeated the automaker's claim that a listing was critical to supporting its 52-billion-euro electrification shift.
05/09/2022
Boris Johnson to formally step down on Tuesday as Liz Truss wins vote to be next British PM - NewsOTG Truss faces a big, expensive, and tough to-do list, which opposition politicians blame on 12 years of bad administration. The average annual family power bill is predicted to soar by 80% in October to 3,549 pounds, before rising to 6,000 pounds in 2023.
05/09/2022
Egypt's non-oil private sector activity declined for the 21st month in a row in August - NewsOTG Non-oil private sector activity in Egypt fell for the 21st month in a row in August, with firms seeing a grim year ahead due to fears about the currency, Ukraine, and import constraints, according to a poll released on Monday.
05/09/2022
Euro sank two-decade low after Russia shut down key gas pipeline to Europe - NewsOTG The energy crisis complicates matters for the European Central Bank (ECB), which meets this week to decide how much to hike interest rates. On a basket of major currencies, the US dollar reached a new two-decade high of 110.090.
05/09/2022
Colao says Italy needs a more robust national telecommunications network - NewsOTG Italy has asked the European Commission to draft laws requiring Big Tech businesses to contribute to the financing of communications infrastructure in the EU. As part of its intentions to create a single national network champion, CDP is drafting a non-binding bid for Telecom Italia's fixed grid.
05/09/2022
Sweden and Finland intervene to protect electricity providers from a Lehman-like crisis - NewsOTG Due to the jump in electricity costs, which have increased by over 1,100%, the collateral required for Nasdaq clearance recently increased to 180 billion Swedish crowns from about 25 billion in normal circumstances, according to information released on Saturday by Sweden's debt office.
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