Ghana’s presidential frontrunners in last-minute rally for votes

By Maxwell Akalaare Adombila ACCRA (Reuters) – Ghana’s two main presidential contenders staged rival rallies in the capital, Accra, on Thursday evening, courting voters in a final push ahead of the world’s second biggest cocoa producer’s legislative and presidential election set for Saturday. Former president John Dramani Mahama, leader of the main opposition National Democratic …

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Bitcoin storms above $100,000 as Trump 2.0 fuels crypto euphoria

(Reuters) -Bitcoin catapulted above $100,000 for the first time on Thursday, a milestone hailed even by sceptics as a coming-of-age for digital assets as investors bet on a friendly U.S. administration to cement the place of cryptocurrencies in financial markets. Once it broke $100,000 in Thursday’s Asian morning, boosted by U.S. President-elect Trump’s nomination of …

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Euro rebounds as French bonds stabilize; bitcoin jumps past $100,000

By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The euro rallied on Thursday as French government bonds steadied a day after the collapse of France’s government, even as bitcoin soared to a record past $100,000, with investors cheering the nomination of a pro-cryptocurrency head to run the U.S. Securities and Exchange Commission. The spread between French and …

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Startup asset manager opposing DEI-linked investing plans Mar-a-Lago rollout

By Suzanne McGee (Reuters) -A fledgling asset manager plans to unveil an exchange-traded fund which avoids companies that commit to quantitative diversity, equity and inclusion (DEI) measures, with the rollout planned at U.S. President-elect Donald Trump’s Mar-a-Lago residence on Thursday. The fund, named the Azoria Meritocracy ETF, will invest in companies in the Standard & …

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Memphis police discriminate against Black people, US Justice Dept finds

By Brad Brooks (Reuters) -The Memphis Police Department uses excessive force and discriminates against Black people, the U.S. Justice Department said on Wednesday following an investigation, calling on the Tennessee city’s police to undertake significant reforms.  The federal investigation began in July 2023, in the wake of the beating death of Black motorist Tyre Nichols …

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Wall Street stocks, bitcoin take breath from record highs ahead of US jobs data

By Lawrence Delevingne, Dhara Ranasinghe BOSTON/LONDON (Reuters) -Bitcoin traded near $100,000 on Thursday as investors bet on a friendly U.S. regulatory shift, while world stocks pulled back slightly but held near record highs ahead of a key U.S. jobs report.  France’s government lost a confidence vote late on Wednesday for the first time since 1962, …

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FDIC seeks to closely track fintech firms, Bloomberg News reports

(Reuters) -The Federal Deposit Insurance Corporation has started to more closely track financial technology companies that partner with banks across the U.S., Bloomberg News reported on Wednesday. An internal database will help FDIC examiners track third parties that work with banks, and anticipate potential vulnerabilities before they become a problem, the report added, citing people …

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Russia’s Putin appoints new governor for partly occupied Kursk region

(Reuters) – Russian President Vladimir Putin appointed Alexander Khinshtein acting governor of southern Kursk region on Thursday, saying “crisis management” was needed in the area, which has been partly occupied by Ukrainian forces since August. Putin was shown in a clip posted on the Kremlin website offering the post to Khinshtein, a journalist and veteran …

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Italy’s ‘golden powers’ have limited sway over UniCredit’s BPM bid, sources say

By Giuseppe Fonte and Valentina Za ROME (Reuters) – Italy has limited scope to intervene in UniCredit’s swoop for smaller rival Banco BPM through its “golden powers”, which some ministers see as a way to have leverage over the deal, people close to the matter told Reuters. So-called golden powers allow Italy’s government to block …

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