Ethiopian Airlines is set to launch daily flights between Addis Ababa and Port Sudan, Sudan, starting October 15th, 2024. This strategic move reinforces the airline’s commitment to connecting Africa and fostering economic growth, cultural exchange, and trade across the continent.
PointGuard Energy, a sub-brand of Sigenergy, showcased its advanced energy storage solutions at RE+ 2024, the largest solar event in the U.S. The company’s flagship product, PointGuard Home, is a revolutionary 5-in-1 system that combines solar, energy storage, EV charging, and intelligent management into a single, compact unit. PointGuard Home stands out for its modular flexibility, effortless installation, advanced safety features, and AI-powered app.
Fraport AG, the German airport operator, has sold its 10% stake in Delhi International Airport Limited (DIAL) to GMR Airports Infrastructure Limited (GIL) for USD 126 million. This divestiture marks the end of a long-standing partnership that began in 2006 and reflects Fraport’s strategic shift towards focusing on other business priorities. The transaction is expected to be finalized within the next 180 days, subject to regulatory approvals.
During the first presidential debate between Donald Trump and Kamala Harris, Trump claimed that Joe Biden harbors a hidden resentment towards Harris. This claim stems from their heated exchanges during the Democratic primaries, where Harris challenged Biden’s record on race relations. The statement has sparked conversation about the dynamic between Biden and Harris, particularly in the context of their differing approaches to the Democratic nomination process.
Asia-Pacific markets experienced a downturn on Wednesday as investors analyzed mixed economic data from Japan and South Korea. Meanwhile, anticipation for the upcoming US inflation report and the potential impact of the US presidential debate influenced global sentiment.
Pop star Taylor Swift has thrown her support behind Vice President Kamala Harris for the 2024 presidential race. Swift’s endorsement, announced on Instagram, comes after a group of her fans known as Swifties raised over $122,000 for the Harris-Walz campaign.
Renowned economist Peter Schiff has challenged MicroStrategy co-founder Michael Saylor’s assertion that Bitcoin’s limited supply will inevitably drive its price higher. Schiff argues that while scarcity is a factor, a lack of demand could lead to a price crash. Schiff’s comments provide a counterpoint to Saylor’s bullish stance on Bitcoin and highlight the ongoing debate about the cryptocurrency’s future.
The first debate between former President Donald Trump and Vice President Kamala Harris was filled with memorable moments, from a historic handshake to heated exchanges over policy positions. The debate featured a surprising offer from Trump to Harris, and their parting words were equally as intriguing.
Bitcoin and other leading cryptocurrencies lost early gains overnight after the high-stakes presidential debate between Donald Trump and Kamala Harris made no mention of the asset class. Despite Bitcoin’s rally above $58,000 after the stock market closed, the lack of discussion in the debate led to a decline below $57,000. Market sentiment remains cautious, reflected in the ‘Fear’ category of the Cryptocurrency Fear & Greed Index. Despite the flatline, some altcoins, including Internet Computer (ICP) and Artificial Superintelligence Alliance (FET), saw significant gains.
US stock futures dipped and the dollar weakened in early Asian trading on Wednesday as Vice President Kamala Harris appeared to have outperformed President Donald Trump in their first debate. While the debate didn’t offer significant policy details, market analysts noted a potential shift in sentiment, with prediction markets showing Harris gaining ground.
