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Canadians Cling to Cash Despite Crypto Craze

While Bitcoin continues to dominate headlines and capture the imagination of some investors, a new report suggests Canadians are taking a wait-and-see approach to cryptocurrencies, preferring the familiarity of physical cash. The Cointelegraph report, citing a recent study from the Canadian Imperial Bank of Commerce (CIBC), revealed that a whopping 82% of Canadians surveyed still rely on cash for everyday transactions. The study, which polled over 1, […]

Abu Dhabi Sovereign Wealth Fund Boosts Indian Beauty Retailer Purplle

The Indian beauty sector received a significant shot in the arm recently with a $120 million investment in online retailer Purplle Group. The funding round, designated as Series E, was spearheaded by a subsidiary of the Abu Dhabi Investment Authority (ADIA), a prominent sovereign wealth fund. This investment, coupled with additional contributions from other participants, has propelled Purplle’s valuation to a staggering $1. 3 billion, solidifying its […]

#ShopeeHaul Gaya Lagi Lit Delivers Modest Fashion for Every Malaysian Woman

Support Local Businesses, Foster Inclusive Fashion KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 2 July 2024 – Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, unveils #ShopeeHaul Gaya Lagi Lit, a curated capsule wardrobe designed to empower Malaysian women on their journeys of self-expression. This innovative collection prioritises versatility and flattering silhouettes, offering a range of modest pieces that can be effortlessly combined to […]

Da Nang: World-class summer events and artistic performances

DA NANG, VIETNAM – Media OutReach Newswire – 2 July 2024 – Da Nang – Asia’s Leading Festival and Event Destination 2022, recognised by the World Travel Awards, continues solidifying its status as the region’s festivals city with Sun Group’s world-class events and performances this summer of 2024. ‘Symphony of River’ show at Da Nang Downtown with artistic fireworks every night. DIFF 2024 – Performance of nearly […]

Press Freedom Is Weakening Worldwide With Record Number Of Journos In Jail

PolyU showcases research and innovations at its first overseas exhibition “Flying High” in France

HONG KONG SAR – Media OutReach Newswire – 26 June 2024 – The Hong Kong Polytechnic University (PolyU) is hosting its inaugural “Flying High” exhibition in Paris, France, from now until 1 July 2024. This marks the University’s first international showcase, featuring a diverse array of research and innovations across disciplines from fashion to technology and sustainable materials. PolyU is hosting its inaugural “Flying High” exhibition in […]

Masdar Vies for Brookfield’s Spanish Renewables Portfolio

Arabian Post Staff -Dubai Masdar, a clean energy company from the United Arab Emirates, has emerged as a contender in the race to acquire Saeta Yield, the Spanish renewables unit of Brookfield, a Canadian asset manager. The news comes from a report published by Spanish newspaper Cinco Dias on Friday, citing unnamed financial sources. According to the report, Saeta Yield is estimated to be valued at €1. […]

Belle Femme Launches New Range of Sustainable Skincare Products

Introducing Belle Femme, Singapore’s newest skincare brand committed to sustainability. SINGAPORE – Media OutReach Newswire – 28 June 2024 – Belle Femme is excited to announce its much-anticipated online debut in Singapore’s vibrant beauty and personal care market. This new digital presence marks a significant milestone for the home-grown brand, allowing it to reach a wider audience and offer its exquisite range of skincare products to consumers […]

Next UK government must address ‘long-term scars’ of Brexit and austerity – study

LONDON, UK – Newsaktuell – 26 June 2024 – A decline in effective national governance and the “long-term scars” caused by austerity measures and Brexit have stifled economic growth and undermined social cohesion in the United Kingdom, according to a study. Rishi Sunak and Ursula von der Leyen: British Prime Minister Rishi Sunak met with European Commission President Ursula von der Leyen to work on Brexit negotiations […]

Middle Eastern Money Managers Flock to China

Arabian Post Staff -Dubai Middle Eastern sovereign wealth funds, which manage trillions of dollars in assets on behalf of governments, significantly increased their investments in China last year. According to a new report by research firm Preqin, these funds deployed a record $2. 3 billion into Chinese companies in 2023, marking a substantial leap from the previous year’s total of $300 million. Analysts attribute this surge in […]

Abu Dhabi Fund Makes Strategic Investment in Indian Defense Firm

The Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, has entered into a strategic partnership with a leading Indian defense company, according to sources familiar with the deal. Specific details regarding the agreement, including the identity of the Indian company and the size of the stake acquired, remain undisclosed. However, industry analysts suggest the move signifies ADIA’s growing interest in the burgeoning […]

Brookfield Leads Investor Group in Dubai’s GEMS Education Acquisition

Dubai’s GEMS Education, one of the world’s largest private K-12 education providers, is poised for a significant investment boost. A consortium led by Canadian investment giant Brookfield Asset Management has signed a binding agreement to acquire a stake in the company. The deal, expected to close in the third quarter of 2024, underscores the growing appeal of the education sector in the Middle East and GEMS’s strong […]

Abu Dhabi Wealth Fund Injects Billions into Investment Firm

The Abu Dhabi Investment Authority (ADIA), one of the world’s largest sovereign wealth funds, is partnering with private equity giant Advent International to invest up to $3 billion in Fisher Investments, a Texas-based independent money management firm. This significant investment marks a strategic move for both parties, with ADIA seeking to diversify its portfolio and Advent aiming to leverage its expertise to accelerate Fisher Investments’ growth. The […]

PM back in Delhi after G7 mega outreach

PM Narendra Modi has left for Delhi after attending the G7 Summit in Italy, where he held a series of key bilateral meetings with world leaders. The Prime Minister held bilateral meetings with Ukrainian President Volodymyr Zelensky, French President Emmanuel Macron, UK Prime Minister Rishi Sunak and Pope Francis. He also met Italian Prime Minister Giorgia […]

The post PM back in Delhi after G7 mega outreach first appeared on Latest India news, analysis and reports on IPA Newspack.

The Compliance Commitment and New Journey of JUHBZ with the Canadian MSB License

COLORADO, UNITED STATES – Media OutReach Newswire – 15 June 2024 – JUHBZ, a globally leading cryptocurrency exchange platform, recently announced a significant milestone in its business development: the successful acquisition of the Canadian MSB license. This milestone event underscores the professionalism of JUHBZ in the fintech domain and represents international recognition of its strict compliance standards and high-level security. Obtaining the Canadian MSB license signifies the […]

Canadian Investor Seeks $5 Billion for Emerging Market Climate Fund

Canadian asset manager Brookfield Asset Management is aiming to raise $5 billion for a climate-focused fund that will target emerging markets. The fund, called the Catalytic Transition Fund (CTF), was first announced in December 2023 at the COP28 climate conference in Dubai. The initiative is backed by the United Arab Emirates (UAE) through its $30 billion climate fund, Alterra. Alterra has committed $1 billion to the CTF, […]

Telosin X: Redefining Home Skincare with Cutting-Edge Technology

HONG KONG SAR – Media OutReach Newswire – 3 June 2024 – In the hustle and bustle of modern life, finding time for spa treatments can feel like a luxury few can afford. Enter Telosin X, an FDA-cleared medical device from TELOSIN LTD. that brings the spa to users. With its advanced NASA-inspired light therapy, Telosin X is revolutionizing home skincare, making it easier than ever to […]

PTOUNX Exchange Milestone: Obtaining and Significance of the Canadian MSB License

COLORADO, UNITED STATES – Media OutReach Newswire – 12 June 2024 – PTOUNX Exchange has recently achieved a significant milestone by obtaining a Canadian MSB (Money Services Business) license, a crucial development that enhances its compliance and operational capabilities in the Canadian market. This license serves as a testament to PTOUNX’s commitment to upholding high standards in security, transparency, and efficiency in digital asset trading, reflecting its […]

Alarming Rise in Carbon Dioxide Levels Threatens Planet

The concentration of carbon dioxide (CO2) in Earth’s atmosphere has reached an alarming new high, according to data collected by scientists at the National Oceanic and Atmospheric Administration (NOAA) and Scripps Institution of Oceanography. Measurements taken in May 2024 revealed a seasonal peak of nearly 427 parts per million (ppm), which translates to a 3 parts per million increase compared to May 2023. This marks one of […]

DeFi Lender UwU Lend Drained in $19. 3 Million Exploit

Decentralized finance (DeFi) lending platform UwU Lend faces financial turmoil after a critical exploit resulted in a hefty loss of $19. 3 million. The news, first reported by blockchain security firm Arkham Intelligence, sent shockwaves through the crypto community, raising concerns about the protocol’s security measures. According to on-chain data, a single attacker successfully manipulated the platform, siphoning off a variety of crypto assets. This included wrapped […]

Three-peat Triumph in Turbulent Montreal

Max Verstappen cemented his dominance at Circuit Gilles Villeneuve, securing a dramatic victory in the Canadian Grand Prix for the third consecutive year. The Red Bull driver, starting second alongside Mercedes polesitter George Russell, navigated a chaotic race with aplomb, extending his lead in the 2024 F1 Drivers’ Championship. The Montreal skies mirrored the unpredictable nature of the race, with rain drenching the track early on. Verstappen, […]

Formula One Awards First AI-Designed Trophy at Montreal Grand Prix

History was made this weekend at the Formula One Grand Prix in Montreal as the winner, yet to be determined, will hoist the first-ever trophy designed with the help of artificial intelligence (AI). This innovative collaboration between Formula One and Amazon Web Services (AWS) marks a new chapter in the intersection of cutting-edge technology and the world’s most prestigious motorsport series. Gone are the days of purely […]

Waterdrop Financial – Advancing Insurance Technology in Hong Kong with a Customer-Centric Approach and AI-Enhanced User Experience

HONG KONG SAR – Media OutReach Newswire – 7 June 2024 – Waterdrop Financial is currently actively recruiting talents and providing industry-leading training programs for potential employees. The company’s goal is to inject new vitality into the Hong Kong insurance market through the cultivation of high-quality talent, driving innovation and development within the industry. In response to the volatile financial landscape, individuals seeking stable investment avenues have […]

ALUXE Celebrates First Anniversary in Singapore with A Grand Store Refresh and Ambitious Expansion

Reimagined ALUXE ION Orchard Flagship Store in conjunction with their one-year anniversary. SINGAPORE – Media OutReach Newswire – 7 June 2024 – Celebrating a year of brilliance in Singapore, ALUXE, Taiwan’s premier wedding jewellery brand, marks its first anniversary with a stunning store refresh and strategic expansion plans. These celebrations underscore ALUXE’s steadfast commitment to providing Singapore’s discerning luxury enthusiasts with enduring elegance and refined craftsmanship of […]