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BlackRock Inc

First bitcoin ETF could be coming soon as court rules in favor of Grayscale over SEC

by Milton Acorn
First bitcoin ETF could be coming soon as court rules in favor of Grayscale over SEC

Grayscale Investments at the NYSE, April 18, 2022. Source: NYSE The District of Columbia Court of Appeals has paved the way for bitcoin exchange-traded funds. On Tuesday, the court sided …

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Categories Science

Top GOP voice on China threat says investment restrictions fall short

by James Odonell
Top GOP voice on China threat says investment restrictions fall short

WASHINGTON — A leading House Republican voice on the national security threat posed by China said the White House’s plan to restrict outbound investment in the Chinese military and defense …

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Categories Politics

Boosting These 3 Industrials: Unleashing the Power of Trillions in Infrastructure Stimulus

by Adrian Jhonsan
Boosting These 3 Industrials: Unleashing the Power of Trillions in Infrastructure Stimulus

The U.S. government is deploying trillions of dollars of stimulus money into infrastructure investments, boosting the prospects for a number of industrials in the Club portfolio. On the back of …

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Categories World

U.S. House Committee Raises Concerns About MSCI, BlackRock’s China Investments

by James Odonell
U.S. House Committee Raises Concerns About MSCI, BlackRock’s China Investments

A bank employee count China’s renminbi (RMB) or yuan notes next to U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. Athit Perawongmetha | Reuters BEIJING — …

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Categories Politics

BlackRock partners with Ambani’s Jio Financial as it returns to India

by Adrian Jhonsan
BlackRock partners with Ambani’s Jio Financial as it returns to India

The BlackRock logo is displayed at their headquarters on November 14, 2022 in New York City. BlackRock and Saudi Arabia’s sovereign wealth fund signed an agreement to jointly explore infrastructure …

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Categories World

The Bears That Have Gone Missing: My Persisting Faith in this Bull Market

by Adrian Jhonsan
The Bears That Have Gone Missing: My Persisting Faith in this Bull Market

If you had to ask me what the bears got most wrong, it’s pretty simple: Federal Reserve Chairman Jerome Powell’s remarkable ability to divine the moment and do the right …

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Categories World

Preparations in the Middle East for the Post-Oil and Electric Vehicle Transportation Era

by Adesola Mojo
Preparations in the Middle East for the Post-Oil and Electric Vehicle Transportation Era

U.S. electric vehicle maker Lucid Group will set up its first overseas factory in Saudi Arabia, the company announced. Javier Blas | Bloomberg | Getty Images When BlackRock, the world’s …

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Categories Automobile

Nasdaq Halts Crypto Custody Service Launch Plan

by Ev Richard
Nasdaq Halts Crypto Custody Service Launch Plan

Michael Nagle | Bloomberg | Getty Images Nasdaq is pausing its plans to release a crypto custody business, CEO Adena Friedman said on the company’s earnings call Wednesday. “Considering the …

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Categories Technology

Amin Nasser, CEO of Saudi Aramco, Appointed to BlackRock’s Board of Directors

by Adrian Jhonsan
Amin Nasser, CEO of Saudi Aramco, Appointed to BlackRock’s Board of Directors

Amin H. Nasser, president and CEO of Saudi Aramco, speaks during a news conference at the Plaza Conference Center in Dhahran, Saudi Arabia November 3, 2019. Hamad Mohammed | Reuters …

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Categories World

Larry Fink asserts that BlackRock is obligated to democratize investing, including the crypto space.

by Adrian Jhonsan
Larry Fink asserts that BlackRock is obligated to democratize investing, including the crypto space.

BlackRock ‘s move into crypto fits into the asset management giant’s broader mission of creating products that are easy to use and cheap for investors, CEO Larry Fink said Friday. …

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Categories World
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