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Citigroup sells stake in Banamex to Mexican billionaire for $2.3 billion
Citigroup's sale marks retreat from Latin AmericaDeal triggers $726 million goodwill impairment charge for CitigroupPardo to become chair of Grupo Financiero Banamex post-saleBy Tatiana BautzerNEW YORK, Sept 24 (Reuters) - Citigroup C.N has agreed to sell a 25% stake in Grupo Financiero Banamex ...
Reuters
Thu, Sep 25
Commodities
TECHNICALS-Commodities intraday targets/key levels
For more technical analyses, click SINGAPORE, Sept 25 (Reuters) - Contract Target Support/Resistance Brent oil (1st month)$69.55/$70.08sup $69.06/$68.69/$68.16Palm oil (3rd month)4,457/4,492 ringgitsup 4,401/4,366 ringgitWTI* (1st month)$65.10/$65.57/$65.87sup $64.66/$64.33/$63.86Spot go...
Reuters
Thu, Sep 25
Commodities
Kenya eyes US trade deal by end of year, seeks five-year extension to Africa pact
Kenya aims for US trade deal by end of 2025Kenya seeks US market access for apparel, textiles, agricultureProposal for US, Qatar, and African communities to address Congo conflict next monthRuto to meet US Secretary of State Rubio on AGOA renewalBy Doyinsola Oladipo NEW YORK, Sept 24 (Reuters) - ...
Reuters
Thu, Sep 25
Other
Red Mountain Mining Buys Yellow Pine Antimony Project In Idaho
Sept 25 (Reuters) - Red Mountain Mining Ltd RMX.AX:BUYS YELLOW PINE ANTIMONY PROJECT IN IDAHO
Reuters
Thu, Sep 25
Cryptocurrencies
South Korea’s ruling democratic party launches crypto task force
South Korea’s ruling Democratic Party (DP) has launched a new crypto task force to draft policies for the sector.
Cryptopolitan
Thu, Sep 25
Commodities
Oil prices dip as investors take profits after seven-week high
Oil price decline likely due to profit-taking, analyst saysA surprise drop in US crude inventories supported oil pricesUkrainian strikes on Russian energy infrastructure raised supply concernsBy Sam Li and Trixie Yap Sept 25 (Reuters) - Oil prices edged down as investors booked profits after a ju...
Reuters
Thu, Sep 25
Commodities
Gold Price Forecast: XAU/USD drifts higher to near $3,750 amid rate cut bets, geopolitical risks
The Gold price (XAU/USD) trades in positive territory around $3,750 during the early Asian session on Thursday. The precious metal edges higher amid expectations of further US rate cuts from the Federal Reserve (Fed) this year and persistent geopolitical risks.
Gold
Fxstreet
Thu, Sep 25
Cryptocurrencies
Stablecoins Recognized As Future Collateral: CFTC Opens Public Consultation
The US CFTC has launched an initiative to explore the use of stablecoins as collateral in derivatives markets, with public input open until Oct. 20th. CFTC Launches Initiative For Tokenized Collateral & Stablecoins In Derivatives As revealed in a press release, Commodity Futures Trading Commissi...
Bitcoinist
Thu, Sep 25
Cryptocurrencies
Cardano (ADA) Oversold With RSI at 36.6: Is a Short-Term Rebound on the Horizon?
Cardano (ADA) slipped 1.38% today, trading at $0.816, below its 20-day moving average ($0.871) and 50-day moving average ($0.86). However, it remains above the 200-day moving average at $0.735, signaling that while sellers dominate in the short and medium term, the longer trend is still supported. A...
NewsBTC
Thu, Sep 25
Cryptocurrencies
Solana (SOL) Targets $300, But Mutuum Finance (MUTM) Could Be the One to Deliver 25x Profits
Solana (SOL) continues to add to its dominance of the market, with analysts seeing the potential to drive towards $300 as developers and institutions remain keen. While SOL has potential for growth, its upside is quite modest when compared to some of the newer projects. Mutuum Finance (MUTM), which is now presale for $0.035, is […]
Cryptopolitan
Thu, Sep 25
Stocks
Tesla Stock Jumps as China Registrations Ramp and Expectations Rise for EV Giant's Q3 Global Deliveries
Tesla announces global third-quarter deliveries next week and the EV giant just posted its strongest weekly China vehicle registrations of the quarter, signaling a big improvement compared to Q2 but still lagging behind last year.
Tiger News
Thu, Sep 25
Commodities
China leads nations with new climate plans, defying US climate denial
China announces plans for first-ever emissions cuts, targeting 7-10% by 2035Xi rebukes climate retreat by "some countries" in veiled reference to United StatesNew country pledges still fall short for holding global warming in checkBy Valerie Volcovici and Yukun Zhang Sept 24 (Reuters) - C...
Reuters
Thu, Sep 25
Stocks
Prediction: This AI Stock Will Be the Market's Next Trillion-Dollar Superstar
Key PointsOracle's growth rate is expected to accelerate this year, and there's a good chance that it could revise its revenue estimates upward.The company expects to sign more multibillion-dollar contracts for its AI cloud infrastructure.Oracle's growth potential and premium valuation could take it...
The Motley Fool
Thu, Sep 25
Other
Attorneys urge court overseeing Tylenol autism lawsuits to consider Trump administration's stance
Trump administration turned to an expert whom plaintiffs had relied onPlaintiffs lawyer cites "separation of powers concerns"Kenvue says claims lack legal merit, scientific supportAppeals court slated to hear arguments next monthBy Diana Novak Jones Sept 24 (Reuters) - Families appeal...
Reuters
Thu, Sep 25
Cryptocurrencies
Jiuzi Holdings bet $1 billion on crypto treasury focused on Bitcoin, Ethereum and BNB
China-based Jiuzi Holdings (JZXN) announced that its Board of Directors has approved a crypto investment policy, which will enable the company to purchase up to $1 billion in Bitcoin (BTC), Ethereum (ETH), and BNB.
Fxstreet
Thu, Sep 25
Other
White House to tell agencies to prepare mass firing plans for possible shutdown, Politico reports
WASHINGTON, Sept 24 (Reuters) - The White House budget office is instructing federal agencies to prepare reduction-in-force plans for mass firings during a possible U.S. government shutdown, Politico reported on Wednesday.The Office of Management and Budget is set to send a memo to federal agencies ...
Reuters
Thu, Sep 25
Stocks
24H | Intel Jumps Another 3%; Opendoor Surges Another 11%; Immuneering Soars 39%; Stitch Fix Drops 2%
Intel stock surged 6.4% on Wednesday after Bloomberg reported that the chip maker had approached Apple asking for an investment. The shares jumped another 3% in overnight trading.Opendoor shares jumped 10.6% in overnight trading on news that quantitative trading firm Jane Street has taken a 5.9% sta...
Tiger News
Thu, Sep 25
Commodities
FACTBOX-Drones and cyber outages exposing aviation weak spots since 2017
Sept 25 (Reuters) - Denmark's Aalborg airport, used for commercial and military flights, was closed due to drones in its airspace, police said early on Thursday, two days after Copenhagen airport was shut over drone sightings that raised European security concerns. A string of drone sight...
Reuters
Thu, Sep 25
Commodities
GRAINS-US soybeans lose more ground on lack of Chinese demand
SINGAPORE, Sept 25 (Reuters) - Chicago soybean futures slid on Thursday, falling for a sixth session in seven, as Chinese buyers stayed away from the U.S. market amid a trade war between the two countries.Corn fell in step with weaker soybeans, although losses were checked by early harvest reports o...
Reuters
Thu, Sep 25
Stocks
RPT-COLUMN-Fed independence spotlight shines on dollar swap lines: McGeever
By Jamie McGeever ORLANDO, Florida, Sept 24 (Reuters) - Debate around politicization of the Federal Reserve has mostly centered on its interest rate-setting independence. But another part of the central bank's toolkit, with perhaps even greater significance for global financial stability, is ...
Reuters
Thu, Sep 25
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