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Zopa Bank Ltd. has successfully raised €82 million ($86.6 million) to support the launch of its current accounts in the upcoming year. The funding round was led by A.P. Moller Holding A/S, with participation from existing investors including IAG Silverstripe and Augmentum Fintech. Zopa maintains its status as a $1 billion unicorn, although its valuation remains undisclosed.
Maersk has unveiled its latest dual-fuel methanol vessel, the A.P. Møller, as part of its decarbonization efforts, aiming for net-zero emissions by 2040. This 350-meter ship can run on green methanol, significantly reducing CO2 emissions and sulfur pollutants. With plans for 25 such vessels by 2027, Maersk is leading the industry towards sustainable shipping, supported by increasing client demand and regulatory changes.
The potential for significant currency market volatility looms as President-elect Trump threatens to impose tariffs on Mexico, Canada, and China, with strategists warning that these moves may serve more as negotiation tactics than actual policy. Analysts predict that such tariffs could lead to a stronger U.S. dollar and increased pressure on foreign currencies, particularly the Mexican peso, which could see dramatic shifts in response to tariff announcements. The market anticipates a prolonged negotiation process, with the possibility of retaliatory measures complicating the landscape further.
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Zopa Bank Secures 86 Million Dollars for Upcoming Current Account Launch
01:00 06.12.2024
maersk launches dual fuel methanol vessel to advance shipping decarbonization efforts
05:33 28.11.2024
trump's tariff threats spark volatility in currency markets and investor caution
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12:44 26.11.2024
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