Tether Tokens Fully Backed by Reserves, Audit Reveals
Tether Holdings Limited’s tokens are fully backed by its reserves, Forkast revealed in a report. Accounting firm Moore Cayman deemed Tether’s Consolidated Reserves Report for the latest quarter as “fairly...
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Moderna’s Second Anti-Covid Vaccine for Swiss Teenagers Approved
Swissmedic approves Moderna COVID-19 vaccine for 12- to 17-year-olds, according to a report by Reuters on Monday. Swissmedic reviewed the application from Moderna Switzerland GmbH for the extension of temporary...
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Meme-Stock Firm AMC Reports Mixed Results, Revenues Up to $444.7 million
AMC Entertainment Holdings reported a loss of $343.6 million in the second quarter results, according to a news release by AMC on Monday. The movie theater operator posted $1.25 billion...
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Tyson Foods Net Income $753 Million Up
Multinational food producer Tyson Foods Inc. saw its net income increase by 43% in the third quarter of the fiscal year 2021, the company reported in a statement. Net income...
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Barrick Gold Q2 Earnings Beats Market Estimates as Production Level Dips
Barrick Gold posted quarterly earnings of $0.29 per share, beating market estimates of $2.6 per share, according to a press release by Barrick on Monday. Barrick reported revenues of $2.89...
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BioNTech Posts €2,787.2 million Net Income in Q2 Results
BioNTech, a next-gen immunotherapy company, announced positive growth in revenues and net profit in the second quarter of 2021, according to a new release by BioNtech on Monday. The revenues...
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Chicken Producer Sanderson Farms Close to Agreeing on a $4.5 Billion Sale
Sanderson Farm is close to its acquisition deal of $4.5 billion, as the poultry giant deals with rising demand for chicken, according to a report by The Wall Street Journal...
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Berkshire Hathaway’s Earnings Rise to $28.1 Billion in Q2 on Economic Recoveries
Berkshire Hathaway Inc. announced $28.1 billion net earnings in the second quarter of 202, up from $26.3 billion in the same period last year. The conglomerate’s net earnings for the...
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White House Backs Changes to Infra Bill. Crypto Stakeholders Resist
The White House has voiced its support to an amendment on the planned infrastructure program, which would slap stringent reporting requirements for developers and validators, CoinTelegraph reported. The White House...
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Melanion Allies With Bita for Europe’s First Bitcoin Equities ETF
Investment management firm Melanion Capital said it has teamed up with index platform Bita to roll out Europe’s first exchange-traded fund linked to Bitcoin. Dubbed as the Melanion Bitcoin Exposure...
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Why the Bank of England May Be Gearing to Tighten Policy
The Bank of England could move to tighten monetary policy soon with indications of unwinding its 900-billion-pound bond-buying program, Bloomberg reported. ECB officials earlier hinted that rates should be higher...
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EA’s Q1 Revenues Up to $1.55 B as Economies’ Reopening Drags Operating Earnings
Electronic Arts Inc.’s quarterly revenue beat its own expectations backed by launches coupled with strong execution in live services, according to a press release by EA on Wednesday. EA reported...
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