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Palmer Luckey-backed Erebor receives US national banking charter, WSJ reports
channelnewsasia129d ago

Palmer Luckey-backed Erebor receives US national banking charter, WSJ reports

Feb 6 : Crypto-focused Erebor Bank became the first bank to receive a national bank charter during the second term of the Trump administration, the Wall Street Journal reported on Friday.The approval allows the Palmer Luckey-backed entity to operate as a bank nationwide, and occurred less than eight months af

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Germany still seeking LNG deals after Trudeau claimed no 'business case'
rebelnews129d ago

Germany still seeking LNG deals after Trudeau claimed no 'business case'

Subhead:Germany is still trying to lock down liquified natural gas deals, with Chancellor Friedrich Merz travelling to the Middle East this week in search of trade deals, years after Justin Trudeau claimed there was “no strong business case” for Canada to export LNG to Germany.#YouTube-embed:C4t33uJt91MGermany is on the hunt for liquefied natural gas — and it’s heading to the Middle East to get it.The German chancellor is travelling to Saudi Arabia and Qatar this week, trying to lock down long-term LNG supply deals as Europe works to stabilize its energy security after losing access to low-cost Russian gas.Germany is the European Union’s largest energy consumer. It needs reliable fuel, and it is actively signing contracts to get it — including long-term LNG supply agreements with U.S. exporters, and now potentially with Gulf producers.Which makes this awkward for Canada.Because just a few years ago, Ottawa said exporting Canadian LNG to Europe didn’t make economic sense.In August 2022, standing beside Germany’s chancellor, Justin Trudeau told reporters there had “never been a strong business case” for shipping Canadian LNG to Europe from Canada’s East Coast.Fast forward to today. Germany is locking down LNG wherever it can — because energy security matters.And Canada? Canada still doesn’t have the internal infrastructure to even move its own natural gas across the country efficiently.

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Logistix Marketing Introduces Industry-Focused Digital Marketing Services for U.S. Logistics and Transportation Companies
openpr129d ago

Logistix Marketing Introduces Industry-Focused Digital Marketing Services for U.S. Logistics and Transportation Companies

Image: https://www.abnewswire.com/upload/2026/02/fc60dd3da8fa85ef69d3bfba321abe38.jpgLogistix Marketing, a digital marketing agency focused exclusively on the logistics and transportation sector, is providing specialized online visibility and digital positioning services designed to help U.S.-based logistics companies strengthen their search presence and attract inbound business opportunities.As procurement

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Xeneta Schedule Reliability Scorecard – 2025 Year in Review – Carriers
hellenicshippingnews129d ago

Xeneta Schedule Reliability Scorecard – 2025 Year in Review – Carriers

Welcome back to Xeneta Schedule Reliability – A Year in Review. We’ve drilled down all the way from global reliability to trades and alliances, arriving at last to carrier rankings. Xeneta covers reliability for over 200 operators across more than 25,000 port pairs. Our report today focuses on a small but significant selection of these carriers. ...

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Amazon Q4 Sales Hit $213.4 Billion as AWS Growth Accelerates
moroccoworldnews129d ago

Amazon Q4 Sales Hit $213.4 Billion as AWS Growth Accelerates

Mohammedia – Amazon.com, Inc. said revenue and profit rose in the final quarter of 2025, helped by strong growth in its cloud business, even as spending on artificial intelligence increased sharply. The company reported fourth-quarter sales of $213.4 billion, up 14% from a year earlier. Sales grew 12% when currency effects are excluded. Net income [...]The post Amazon Q4 Sales Hit $213.4 Billion as AWS Growth Accelerates appeared first on Morocco World News.

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China acting as ‘catalyst’ for innovation worldwide: report
hellenicshippingnews129d ago

China acting as ‘catalyst’ for innovation worldwide: report

Amid intensifying geopolitical tensions and growing investment protectionism worldwide, China has continued to widen its opening-up, enhance the liberalization and facilitation of investment, and further solidify its position as a major global investment player, according to a recent report. China’s integration into global industrial and supply chains through two-way investment is acting as a significant ...

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Analyst Who Predicted XRP’s 600% Rally Forecasts The Bottom And A Target Of $10
newsbtc129d ago

Analyst Who Predicted XRP’s 600% Rally Forecasts The Bottom And A Target Of $10

XRP’s current pullback has diverted attention away from short-term volatility and back toward the bigger picture on the chart. The cryptocurrency is now down by over 60% from its July all-time high, and the decline is showing signs of more downside. As the price continues to break below support levels, one analyst whose earlier outlook preceded a major XRP rally says the cryptocurrency may be approaching a bottom for another accumulation phase. Analyst Points To A New Accumulation Phase XRP’s recent price action has seen many analysts projecting a bottom where the decline might end. However, a technical analysis of XRP’s price action on the 2-week candlestick timeframe chart, which was posted on the social media platform X, frames the current XRP price action as an entry into an accumulation zone. Related Reading: XRP Price Falls Below $1.6: You Won’t Believe What Institutions Are Doing Amid The Crash According to the analysis, XRP has now corrected roughly 58% from its recent peak, placing it directly inside what he calls the first accumulation zone between $1.50 and $1.30. The outlook by Crypto Patel is that this area is not about catching an exact bottom but about building exposure gradually as the price stabilizes. Based on this, the analyst predicted that XRP’s decline will bottom somewhere between $1.5 and $1.3, and this is a great time to start buying slowly at these levels. However, Patel’s outlook also accounts for a deeper drawdown scenario. Should XRP lose the $1.30 region, then the next focus is in a secondary accumulation band between $0.90 and $0.70. Nonetheless, a move into that lower range would still not invalidate the bullish thesis. Instead, it would represent what he describes as the best long-term accumulation opportunity for maximum profits. The $10 Target Is Still In Play XRP’s current price action is a far stretch from reaching $10, and that target seems out of reach at the moment. However, despite adopting a near-term caution, many analysts have not changed their long-term projections. Related Reading: XRP’s 173-Day Theory: What Happens If This Historical Trend Plays Out Again Patel, for example, noted that his long-term target is $10. Although the $10 target remains the same, the analyst noted that buying at $3 or $2 is not ideal since there are opportunities for entries at $1.50-$1 during hard dips for much bigger returns. To support his confidence, Patel pointed back to his previous cycle call, where he shared an XRP setup around $0.50 during the last bear market. That setup preceded a rally to $3.66, delivering gains of over 600%. XRP’s price action in the past 24 hours is characterized by a crash from an intraday high of $1.44 to an intraday low of $1.14. The cryptocurrency is now back to trading at $1.30 at the time of writing, 670% away from reaching the $10 price target. Featured image from Getty Images, chart from Tradingview.com

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Adopting digitalisation and creating smart vessels are now financially viable and deliver rapid returns, says Columbia Group
hellenicshippingnews129d ago

Adopting digitalisation and creating smart vessels are now financially viable and deliver rapid returns, says Columbia Group

The cost of creating ‘smart vessels’ has fallen dramatically in recent years, making digitalisation a financially viable and operationally compelling option for shipowners and managers, according to Columbia Group. Speaking at a Capital Link conference in Athens this week, Mark O’Neil, President and CEO of Columbia Group, said one of the biggest barriers to digital ...

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