Author: kumbhorg

Aimee DexterBBC News, NorfolkBloomberg/Getty ImagesLotus announced it has “no plans” to close any factories in a statementSportscar maker Lotus has declared it has “no plans” to close any factory after it emerged the company was considering setting up a new plant in the US.The BBC understands the firm had been considering ending production at its plant in Hethel, Norfolk, which would put 1,300 jobs at risk.In a statement on X, it said: “Lotus Cars is continuing normal operations, there are no plans to close any factory,” but admitted it was “actively exploring” options in the global market.Lotus Cars and Chinese-owner…

ETF inflows and institutional purchases continue to climb, yet many investors are puzzled by the muted Bitcoin price action. With billions flowing into BTC, why aren’t we seeing the price explode to new highs? The reality is more nuanced than it first appears. Bitcoin ETF Inflows Looking at the ETF cumulative inflows chart (excluding GBTC outflows), it’s clear that demand from institutional players has been robust. Since the most recent pullback in late March, net ETF inflows have climbed from roughly 527,000 BTC to over 630,000 BTC, an increase of around 100,000 BTC in under 3 months. These are significant…

Adam Hale & Zahra FatimaBBC NewsGetty ImagesBob Vylan performed on the West Holts Stage just ahead of a performance by KneecapGlastonbury Festival organisers said they are “appalled” by comments made by punk duo Bob Vylan that called for “death” to the Israeli military during a performance on Saturday.Rapper Bobby Vylan led chants of “free, free Palestine” and “death, death to the IDF [Israel Defense Forces]”.The festival said the statements “very much crossed a line”, while antisemitism campaigners said they will formally complain to the BBC over its “outrageous decision” to broadcast the act live.A BBC spokesperson previously said some of…

Editorial Note:The ICO Listing Online Editorial Team maintained a neutral perspective while crafting this content. While we may earn commissions from sponsored inclusions, this does not influence our evaluations of the topic. Have you ever felt lost in the world of crypto? You see all these different letters like ICO, IEO, and IDO, and it can feel like a confusing alphabet soup. If you’ve ever been confused by these terms, don’t worry, you are definitely not alone. The good news is that it’s simpler than it looks. Think of them like different types of cars. A sports car, an SUV,…

Chess Grandmasters Vladimir Kramnik (Photo by Antony Jones/Getty Images for World Chess) In a strongly worded statement, the International Chess Federation (FIDE) has weighed in on the escalating controversy involving former World Champion GM Vladimir Kramnik and Czech GM David Navara, expressing deep concern over the fallout and urging a return to mutual respect within the chess community.FIDE reiterated its commitment to fair play in both over-the-board and online formats, acknowledging the growing influence of online platforms in shaping modern chess. The governing body confirmed the formation of a dedicated task force to review the statistical methods proposed by Kramnik…

Raipur: The Chhattisgarh government plans to develop an education city with facilities such as a library, auditorium, playgrounds and hostels for students in Bilaspur, officials said on Saturday.The facility will come up at a cost of Rs 100 crore on 13 acres of land in the city, they said.According to an official statement, the state government, under the leadership of Chief Minister Vishnu Deo Sai, has given top priority to quality education and the all-round development of students.”Nalanda Parisar (library) will be established in the Educational City, where 500 students will be able to sit together. Besides this, three multi-storey…

Now that tensions between Israel and Iran have temporarily eased, analysts are turning their attention back to Bitcoin’s next major move. Earlier in the week, Bitcoin price briefly dipped below the $100,000 mark following Iran’s missile strikes on U.S. military bases in Qatar. Although the price rebounded to $108,000 by Wednesday, derivatives data suggests that investor confidence may be weakening. The question now is whether a deeper correction is on the horizon. BitcoinPriceMarket CapBTC$2.15T24h7d30d1yAll time On Wednesday, Bitcoin’s perpetual futures funding rate dropped to its lowest in seven weeks, a rare move, especially with prices climbing. In normal conditions, traders…

A woman from Simferopol, Russia, has been sentenced to seven years in prison for running a short-lived but large-scale Bitcoin BTC $107,945.40 scam. Valeria Fedyakina, who promoted herself as “Bitmama”, convinced people she was a trusted crypto dealer who could transfer their money abroad using digital assets.According to a report by The Telegraph on June 26, her operation generated around $23 million (2.2 billion rubles) in just 60 days. Did you know? Want to get smarter & wealthier with crypto? Subscribe – We publish new crypto explainer videos every week! What is Terra Luna? History & Crash Explained (ANIMATED) Fedyakina…

Silver retreats from a high of $36.83 and trades at $36.16 as the US Dollar and yields edge higher.A bearish engulfing candle forms; weekly close above $36.00 remains key for bullish structure.A breakdown below $36.00 exposes $35.68 and $35.29; bulls must retake $36.83 to resume upside.Silver price sinks more than 1% on Friday, ahead of the weekend, after refreshing a five-day high of $36.83, ahead of $37.00. At the time of writing, XAG/USD trades at $36.16 due to a slight recovery in the US Dollar and rising US Treasury yields.XAG/USD Price Forecast: Technical outlookSilver price retreated, forming a ‘bearish engulfing’…

Exploring The Cost Of Employee Attrition For Businesses Employee attrition refers to the phenomenon of employees leaving their companies for reasons ranging from voluntary resignation or retirement to company-initiated termination. What sets employee attrition apart from employee turnover is that it leads to a reduction in workforce size. This is due to the fact that, unlike employee turnover, where exits are counterbalanced with new hires, employee attrition signifies that positions are left vacant for a very long time or are entirely eliminated. This basic distinction is essential because it not only affects the way companies operate but also makes the…