Tag: Doubles

Somalia’s football pitch that doubles as an execution ground

On a beach in the Somali capital, Mogadishu stand six tall concrete posts planted in the pure white sand. The waves of the bright blue Indian Ocean break gently nearby – and often bear witness to some grim events. Warning: This article contains descriptions that some people may find upsetting Every so often the security […]

El Salvador Doubles Down on Bitcoin

In a series of strategic moves that underline its commitment to cryptocurrency, El Salvador continues to deepen its engagement with the digital currency market, particularly bitcoin {{BTC}}. President Nayib Bukele recently announced El Salvador’s plan to buy one bitcoin every day, aiming to continue this practice until it becomes unaffordable with fiat currencies. This initiative […]

DWR doubles water allocation forecast

Mar. 22—The Department of Water Resources (DWR) on Friday said there will be a second increase in the State Water Project (SWP) allocation forecast for 2024, doubling the amount that was announced in February. Officials said the newly announced forecasted water allocation is 30% of requested supplies, up from the 15% announced last month — […]

Tencent Doubles Buybacks to Over $12.8 Billion as Sales Miss

(Bloomberg) — Tencent Holdings Ltd. plans to more than double its stock buyback program to at least $12.8 billion in 2024, mollifying investors concerned about a gradual dissipation of growth during a Chinese economic downturn. Most Read from Bloomberg China’s largest internet company joins rivals from Alibaba Group Holding Ltd. to JD.com Inc. in ramping […]

Macron doubles down on Ukraine remarks after blowback

French President Emmanuel Macron reiterated the seriousness of his Monday remarks when he said he would not rule out sending Western troops into Ukraine. Macron said he carefully chose his words and doubled down on his statement despite the criticism he received in his country and internationally. “These are sufficiently serious issues; every one of […]

Cathie Wood Doubles Down on AI Sales With Cut to TSMC Stake

(Bloomberg) — Cathie Wood sold shares of Taiwan Semiconductor Manufacturing Corp. for the first time in more than two years, adding to its moves to cut exposure in the chipmaker’s key customer Nvidia Corp. Most Read from Bloomberg Ark Autonomous Technology and Robotics ETF sold 8,599 American depository receipts of Taiwan’s largest company Friday in […]