Uniswap has contesting the $7 level today. This level has last been seen in September 2017. UNI has pulled back after bulls failed to keep the price above this level. The cryptocurrency might try to contest the $7 mark yet again as it found support in the 21-hour EMA. Uniswap (UNI) has spent the day trying to reach September 2021 levels as it passed the $7 mark. Uniswap’s price was steadily increasing since 11 Jan, and went from $4.464 to as high as $7.126. The cryptocurrency is now experiencing a slight decline as bulls couldn’t break the $7 mark with confidence. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. Fundamental analysis Uniswap is a popular decentralized trading protocol, well-known for its role in facilitating automated trading of the popular decentralized finance (DeFi) tokens. The project aims to keep token trading automated as well as completely open to anyone who holds tokens, while improving the trading efficiency when compared to crypto exchange trading. Uniswap aims to create more efficiency (and is successful in doing so so far) by solving liquidity issues with automated solutions, therefore avoiding the problems that most decentralized exchanges face.
INGERSOLL, ON, Jan. 15, 2021 /CNW/ - Unifor Local 88's bargaining committee, representing 1,900 workers at the CAMI Assembly Plant in Ingersoll, Ontario has reached a tentative agreement with General Motors today.
"This tentative deal delivers significant investment, new products, new jobs, and job security, achieving our union's key bargaining priorities during these challenging times," said Jerry Dias, Unifor National President.
General Motors has agreed to invest $1 billion dollars to begin large-scale commercial production of EV600, an all electric van, starting next year.
More details of the tentative agreement will be presented to Local 88 members at an online ratification meeting scheduled for Sunday, January 17. Results of the ratification vote are scheduled to be released Monday, January 18.
This contract, if ratified, will bring the total investment negotiated by Unifor to nearly $6 billion dollars after new agreements were ratified with General Motors, Ford and Fiat Chrysler in 2020 that included support from the federal and Ontario governments. The Ford deal reached in September included $1.95 billion to bring battery electric vehicle production to Oakville and a new engine derivative to Windsor and the Fiat Chrysler agreement included more than $1.5 billion for a state-of-the-art platform to build both Plug-In Hybrid Vehicles and Battery Electric Vehicles. In November, General Motors agreed to a $1.3 billion dollar investment to bring 1,700 jobs to Oshawa plus more than $109 million to in-source new transmission work for the Corvette and support continued V8 engine production in St. Catharines.
Bargaining with General Motors in Ingersoll opened on January 4, 2021 under extraordinary circumstances and heightened public health restrictions to prevent the spread of COVID-19. Both Unifor and General Motors worked diligently to ensure full compliance with the restrictions.
Unifor is Canada's largest union in the private sector, representing 315,000 workers in every major area of the economy. The union advocates for all working people and their rights, fights for equality and social justice in Canada and abroad, and strives to create progressive change for a better future.
SOURCE Unifor
BANGKOK, Jan. 18, 2021 /PRNewswire/ --– Hunton Andrews Kurth LLP has expanded its international corporate practice with the addition of Maythawee Sarathai as a partner in the firm's Bangkok office. Sarathai brings more than two decades of experience advising clients on a range of mergers and acquisitions as well as corporate restructuring matters.
Sarathai has extensive experience in negotiating and documenting multinational cross-border investments for M&A transactions in Thailand, and has advised both local and international clients on distressed-asset sales and purchases.
He advises creditors, liquidators, planners, plan administrators, special managers and debtors on all aspects of corporate lending, restructuring and insolvency. His practice also includes advising clients on distressed debt situations including settlement, recovery and enforcement strategies, and business and asset reorganization.
"Maythawee is a highly regarded lawyer with a proven track record in M&A and corporate restructuring, particularly in the banking, energy and consumer products sectors," said Stephen Bennett, head of Hunton Andrews Kurth'sBangkok corporate team. "He will play a key role in growing our practice in Thailand and beyond."
Sarathai most recently was the partner in charge of Mayer Brown's Bangkok office. He received both his undergraduate and law degrees from Chulalongkorn University.
Hunton Andrews Kurth's corporate team advises virtually every form of corporate entity, from high-tech startups and mid-sized, privately held companies to publicly traded, multinational corporations, REITs, private equity entities of all sizes, and multinational, national and regional banks, credit unions and other financial institutions. The firm's clients come from the myriad industries of today's global economy, including financial services, energy, real estate, retail and consumer products, manufacturing and health care.
About Hunton Andrews Kurth LLP
With 1,000 lawyers in the United States, Asia, Europe and the Middle East, Hunton Andrews Kurth LLP serves clients across a broad range of complex transactional, litigation and regulatory matters. We are known for our strength in the energy, financial services, real estate, and retail and consumer products industries, as well as our considerable experience in more than 100 distinct areas of practice, including privacy and cybersecurity, intellectual property, environmental, and mergers and acquisitions. Our full-service litigation practice is one of the largest in the country, with depth in key litigation markets such as Texas, California, Florida and the Mid-Atlantic.
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SOURCE Hunton Andrews Kurth