Author: Bella Hayes

(Reuters) – A crypto venture recently unveiled by U.S. President-elect Donald Trump and his new Middle East envoy, billionaire Steve Witkoff, has partnered with a crypto platform that authorities and financial experts say has been used by criminals and Iran-backed militant groups Hamas and Hezbollah. World Liberty Financial Inc, founded by the Witkoff family two months before November’s U.S. election with Trump as a financial beneficiary, presents concerns over ethics and conflicts of interest, say six specialists in U.S. government ethics. Among their biggest concerns is World Liberty’s new partner: Tron crypto platform. Quicker and cheaper than , the Tron…

Investing.com – The US dollar has been one of the main beneficiaries of the events of this year, but BCA sees the peaking in 2025, weighed by coordinated policies to limit its strength. At 06:05 ET (11:05 GMT), the , which tracks the greenback against a basket of six other currencies, traded 0.1% lower to 106.280. However, the index is over 5% higher so far this year, helped by US growth outperformance as well as the threat of tariffs in the wake of Donald Trump’s victory in the year’s presidential election. “However, odds are rising that the trade-weighted US dollar…

Hod Hasharon, Israel, Dec. 12, 2024 (GLOBE NEWSWIRE) — Allot Ltd. (NASDAQ: NASDAQ:) (TASE: ALLT), a leading global provider of innovative network intelligence and security-as-a-service (SECaaS) solutions for communication service providers (CSPs) and enterprises, today announced that Asahi Net, a broadband provider in Japan, and Allot have signed an agreement for Asahi Net to  adopt the newly announced SG-Tera III multiservice platform. Asahi Net was the first Allot customer in the world to implement the SG-Tera II in 2021 and will be the first customer of Allot to implement the new SG-Tera III which, at 2.8 Tbps of traffic throughput,…

CAIRO – Orascom Investment Holding S.A.E. (OIH), a prominent investment company based in Cairo, has announced the approval of its consolidated financial statements for the period ending September 30, 2024. The decision was taken during a board meeting by circulation on December 11, 2024, under the leadership of Chairman Eng. Naguib Onsi Sawiris. The board, comprising members with various executive and non-executive roles, ratified the Audit Committee’s report alongside the Auditor’s report on the financial statements for the specified period. Additionally, the Board of Directors’ report on the company’s activity for the same period received approval. In the meeting, Mr.…

BUCHAREST – Romanian state-controlled producer S.N.G.N. Romgaz S.A. has disclosed details of a recent financial transaction with a related banking entity. According to a statement released on Thursday, December 12, 2024, Romgaz has placed a term deposit of RON 80,000,000 (approximately 19 million) with Exim Banca Romaneasca S.A., at an annual interest rate of 6.18%, maturing on January 27, 2025. This transaction follows a series of deposits made by Romgaz with Exim Bank throughout the latter part of 2024, with the cumulative value of these deposits over the past 12 months surpassing the materiality threshold of 5% of the company’s…

Press ReleaseNokia (HE:) and Motorola Solutions (NYSE:) announce drone technology integration for public safety and mission-critical industries 4G/5G drone-in-a-box solution, powered by AI-enabled software, to help first responder agencies and industries keep communities and workers safer.Customers will benefit from enhanced situational awareness, remote operations, and faster decision-making.12 December 2024Espoo, Finland and Chicago, U.S. – Nokia and Motorola Solutions announced a drone technology integration to launch an AI-enhanced turnkey, automated drone-in-a-box solution that sets a new standard for first responders and mission-critical industries, offering enhanced situational awareness, streamlined remote operations, and faster decision-making. The solution integrates Nokia Drone Networks with Motorola…

Investing.com– Australia’s November jobs data, released on  Friday, with stronger-than-expected job growth and a decline in unemployment should be viewed in the context of broader multi-month trends, rather than as signs of a renewed tightening in labor market conditions. “We saw something similar in late 2023 that proved to be a ‘head fake’, with shifting seasonality also presenting as an issue,” Westpac analysts said in a note. Employment rose by 35,600 in November, exceeding Westpac’s forecast of +20,000 and the market consensus of +25,000. However, the pace of employment growth is slowing, with the three-month annualized rate falling to 3.0%…

Investing.com– Bitcoin rose on Thursday, extending an overnight rebound as risk appetite was boosted by in-line U.S. consumer inflation data, which kept investors largely betting on a December interest rate cut. The world’s largest cryptocurrency had now recouped all of its losses made over the past week, while also appearing to have broken out of a $90,000 to $100,000 trading range seen in recent weeks.  rose 3.5% to $100,875.9 by 00:47 ET (05:47 GMT).  Broader crypto prices also advanced tracking Bitcoin, although most altcoins clocked much stronger gains as risk appetite increased. The prospect of friendlier U.S. crypto regulations under…

TOKYO–(BUSINESS WIRE)–The Biomedical Division of PHC Corporation (Headquarters: Chiyoda-ku, Tokyo, Japan; President: Nobuaki Nakamura), has received a 2024 Innovation Award from The Analytical Scientist1 for its live cell metabolic analyzer, LiCellMo™. LiCellMo, launched for research use in Japan in September and the United States, UK, EU, China and other Asian select geographies in October2, provides continuously measured data on key cellular metabolic pathways3, giving researchers a precise picture of previously unobservable changes in the state of cells over time and allowing them to make more informed research decisions. This will help contribute to novel research findings and important advances in…

Investing.com– NVIDIA Corporation (NASDAQ:) added hundreds of staff in China this year with a focus on increasing its research capabilities and developing new artificial intelligence-based autonomous driving technologies, Bloomberg reported on Wednesday. The company added about 200 people in Beijing to strengthen a team of researchers looking into self-driving, Bloomberg reported. The company also increased its after-sales service and networking software teams in the country.  The move comes amid increasing interest in autonomous driving in China, with established majors such as Baidu Inc (NASDAQ:) already offering robotaxi services in certain cities through its Apollo Go venture. Robotaxi firm Pony AI also…