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Ripple CEO claims to sign over 30 deals a week with financial institutions for blockchain payments

Brad Garlinghouse, chief executive officer of blockchain payments firm Ripple, has said that the company signs more than 30 deals a week with financial institutions.The post Ripple CEO claims to sign over 30 deals a week with financial institutions for blockchain payments appeared first on The Block. …read more […]

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Turkish Markets Rally as Erdogan Clinches Syria Deal With U.S.

(Bloomberg) — The lira jumped to its strongest level in almost two weeks while bonds and stocks rallied after the U.S. agreed not to impose any further sanctions on Turkey as part of a temporary cease-fire deal in Syria struck between Ankara and Washington on Thursday.The currency gained more than 1%, erasing losses that were fueled in recent days by concern Washington would impose punitive measures against the Turkish economy in response to the offensive against Kurdish rebels in Syria.Skirmishes Continue in Syria After Truce Declared: Syria UpdateThe benchmark stock gauge gained 4%, led by the nation’s largest listed lender, …read more […]

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Coca-Cola Jumps as Bets on New Products Pay Off

(Bloomberg) — Coca-Cola Co. international sales and low-sugar offerings like Coca-Cola Zero Sugar drove brisk revenue growth in the third quarter. Shares jumped in early trading before paring much of the gain.The beverage giant said unit case volume grew by 2%, while net revenue expanded 8% to $9.5 billion. The key metric of organic revenue, which strips out some items like currency effects, jumped 5% — higher than analysts’ average estimate for a 4.1% gain. Key InsightsAs U.S. consumers increasingly opt for sparkling waters and plant-based milks over sugary beverages, Coke is betting big on offerings in these categories and …read more […]