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Michael Saylor, the co-founder and former CEO of MicroStrategy, believes regulatory clarity in the US surrounding digital assets would drive up the price of Bitcoin. Saylor predicted that the flagship cryptocurrency would increase by 10x in value as the public realizes “that Bitcoin is the next Bitcoin,” he said during a…

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Walgreens Boots Alliance (NASDAQ:WBA) Walgreens, a pharmaceutical healthcare and beauty product retailer since 1901, is headquartered in Deerfield, IL. It operates in three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. In the US it has over 8500 locations which allows almost 75% of all Americans having a location within…

European stocks continued their recent upward push on Wednesday, as investors prepared for the US Federal Reserve to pause in its monetary tightening when policymakers announce their decision on interest rates later in the day.Europe’s region-wide Stoxx 600 and Germany’s Dax both added 0.5 per cent, while France’s Cac 40…

US Secretary of State Antony Blinken will travel to Beijing this weekend, the State Department announced on Wednesday – a significant trip that comes as the Biden administration navigates its complicated relationship with China. The top US diplomat was originally slated to travel to the Chinese capital in early February,…

To the Editor:I have no objection to some level of bank regulation and oversight, but there has been a lot of noise on this topic that seems to be by regulators seeking to impose controls and inefficiencies as widely as they can (“The Perils of ‘Shadow Banks’, ” Cover Story,…

SYDNEY–Shares of New Zealand dairy companies a2 Milk and Synlait Milk rose Tuesday morning after Chinese regulators reopened market access for a2’s infant-milk formula product. Synlait was up 14% at 1.83 New Zealand dollars (US$1.11), while a2 Milk, a major buyer of Synlait’s output, was up 8% at NZ$6.20. China’s…

Hyundai Motor America KR:005380 and Kia America KR:000270 have agreed to a class-action lawsuit settlement worth approximately $200 million after numerous complaints that their cars are overly vulnerable to theft. The settlement will resolve a lawsuit involving about 9 million Hyundai and Kia vehicles that, in recent months, were broken…

Having watched innumerable meetings of the U.S. Federal Reserve’s monetary policy committee, I’ve lost count of the number of times I’ve heard participants complain that uncertainties about the economy were “unusually elevated.”  But when Fed officials say this at their policy meeting this week, they’ll be unusually on point. Considering…