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Online election betting platform Polymarket plans to bring its prediction markets back to customers in the United States, on the heels of accurately forecasting the electoral win of President-elect Donald Trump.”I want to give a lot of credit to the people who fought the battle to go and legalize political prediction markets in America,” Polymarket founder and CEO Shayne Coplan told Andrew Ross Sorkin on “Squawk Box,” in his first live TV interview Thursday. “Now we are in the position to be aggressive around expansion.”Polymarket’s betting platforms are currently only available to customers outside of the United States. In 2022, it halted U.S.…

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By Vladimir Soldatkin and Guy Faulconbridge SOCHI, Russia (Reuters) -Russian President Vladimir Putin on Thursday congratulated Donald Trump on winning the U.S. election, praised him for showing courage when a gunman tried to assassinate him, and said Moscow was ready for dialogue with the Republican president-elect. In his first public remarks since Trump’s win, Putin said Trump had acted like a real man during an assassination attempt on him while he was speaking at a campaign rally in Pennsylvania in July. “He behaved, in my opinion, in a very correct way, courageously, like a real man,” Putin said at the…

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PURCHASE, N.Y.–(BUSINESS WIRE)–MBIA Inc. (NYSE:MBI) today posted its third quarter 2024 financial results on its website at https://investor.mbia.com/investor-relations/financial-information/default.aspx. The financial results will also be furnished to the Securities and Exchange Commission (SEC) on a Current Report on Form 8-K available at sec.gov. As previously announced, the Company will host a webcast and conference call for investors tomorrow, Friday, November 8, at 8:00 a.m. (ET) to discuss its financial results and other issues related to the Company. The conference call webcast will be available on MBIA (NYSE:)’s website at https://investor.mbia.com/investor-relations/events-and-presentations/default.aspx. MBIA Inc., headquartered in Purchase, New York, is a holding company…

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Good for us if China indeed reduces its steel exports after Trump’s win: Tata Steel MD TV NarendranNov 7, 2024, 11:03 PM ISTTata Steel’s Managing Director, TV Narendran, expressed concerns over the global steel industry’s profitability, stating that current prices are insufficient for companies to invest in planned capacity expansions. He highlighted the impact of Chinese steel exports, often priced predatory low, on global prices.Prolonged Chinese imports may hit Indian steel industry’s investments, Tata Steel CEO saysNov 7, 2024, 08:46 PM ISTTata Steel’s CEO has warned that an influx of cheap Chinese steel imports is threatening the Indian steel industry.…

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(Bloomberg) — Asian equities climbed Friday after stocks, bonds and commodities all rallied in the US as the Federal Reserve cut interest rates. Most Read from Bloomberg Australian and Japanese shares advanced along with Hong Kong futures, while the Golden Dragon index of US-listed Chinese companies jumped 3.5%. The S&P 500 gained 0.7% and the Nasdaq 100 climbed 1.5%, both setting fresh peaks for a second day. An index of global equities also advanced to a record. Treasuries were little changed in Asia after rallying Thursday when the Fed lowered its benchmark by 25 basis points as economists forecast. The…

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Crosslink Capital Inc., a significant shareholder in Weave Communications, Inc. (NYSE:WEAV), has sold 125,000 shares of the company, according to a recent SEC filing. The shares were sold at an average price of $13.99, amounting to a total transaction value of approximately $1.75 million. The sale, which took place on November 6, 2024, leaves Crosslink with about 7.9 million shares of Weave Communications following the transaction. In addition to this sale, the filing reported a prior distribution of 75,733 shares to its members without additional consideration. This transaction, however, did not involve any monetary exchange. The shares are held indirectly…

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Combating climate change has become one of the most pressing challenges of our time. As global temperatures rise and the impacts of climate change intensify, countries around the world are seeking strategies to reduce greenhouse gas emissions. One of the most powerful tools in this endeavour is the emissions trading scheme (ETS). An ETS provides a market-driven approach to climate change. Governments set a cap on emissions for particular sectors and issue emission permits to companies in those sectors. These permits can be freely traded between companies, effectively setting a price on emissions and incentivising companies to lower their emissions.…

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