Category: Financial Services

November 24, 2023 BY Elizabeth Anderson

Dutch election win may possibly stir up European markets

It took almost 300 days to form the coalition of Mark Rutte, the previous prime minister, and this shock win is raising eyebrows as Wilders’s party believes in leaving the European Union (EU), tightening immigration laws, and higher taxes for banks. Many feel this will alter the collaborative image associated with the Netherlands. In the…

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November 22, 2023 BY Elizabeth Anderson

Palantir Technologies heads group developing £330m NHS data platform

Palantir is known for its intelligence-driven software systems. This NHS project aims to boost the networking capabilities between health and care organisations to the benefit of their patients. Earlier, many raised an eyebrow when the NHS appointed Palantir to handle the transitions needed to start the data platform without inviting competitors to quote. This particular…

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snb swiss national bank office
November 20, 2023 BY Elizabeth Anderson

Swiss National Bank getting backlash from NGOs over fracking investments

Fracking uses high-pressure liquids to extract subterranean fossil fuels. According to a recently published Yale paper, this process generates copious amounts of wastewater, emits greenhouse gases, and causes air and noise pollution. Consequently, it disturbs natural habitats and migratory patterns, while causing land degradation. ______________________________________________________________________ Don’t miss out the latest news, subscribe to LeapRate’s newsletter…

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November 17, 2023 BY Elizabeth Anderson

ASIC and AFSA commit to updated memorandum of understanding

The last update occurred in 2014. Essentially, the document states that the two agencies will continue to cooperate in pursuit of their goal to holistically serve the Australian government and protect and promote confidence in the country’s financial system. Setting out a framework for continued cooperation, the refreshed MoU strives to facilitate liaison, assistance, and…

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November 13, 2023 BY Elizabeth Anderson

AustralianSuper rejects last-minute offer to accept planned Origin Energy takeover

In a 2 November media release, AustralianSuper reaffirmed its 31 October stance and said: AustralianSuper intends to vote its shares in Origin Energy (Origin) against the best and final offer from the Brookfield and EIG-backed consortium announced today. The mentioned consortium approached AustralianSuper, asking it to drop its opposition to the $10.5bn takeover bid for…

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November 10, 2023 BY Elizabeth Anderson

Cauldron Energy begins drilling program in Melrose, Australia

The new drilling operation aims to investigate historical geochemical nickel anomalies that have been identified in recent electromagnetic surveys. Notably, Parle Investments Pty Ltd, a seasoned investor in the uranium sector, has emerged as a substantial shareholder, endorsing Cauldron's unwavering commitment to uranium exploration. Cauldron has received a further $1.47m endorsement from outside investors. Don’t…

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November 09, 2023 BY Elizabeth Anderson

Grayscale fights SEC for looser restrictions on trust products

Grayscale’s GBTC operates as a spot bitcoin exchange-traded product (ETP), more commonly known as an ETF.  The SEC's involvement in negotiations with Grayscale signifies a critical step in the potential approval of several ETFs for the crypto industry. If the approval goes ahead, the entry of everyday investors into the digital asset space could be…

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