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Commodities
Oil regains ground from 2-month lows ahead of Trump-Putin meeting
By Katya Golubkova TOKYO, Aug 14 (Reuters) - Oil prices edged higher on Thursday, regaining ground after a sell-off in the previous session, with the upcoming meeting between U.S. President Donald Trump and his Russian counterpart Vladimir Putin raising risk premiums in the market. Brent cru...
Reuters
Thu, Aug 14
Other
Trump revokes Biden-era order on competition, White House says
By Andrea Shalal WASHINGTON, Aug 13 (Reuters) - U.S. President Donald Trump on Wednesday revoked a 2021 executive order on promoting competition in the U.S. economy issued by his predecessor Joe Biden, the White House said.The move by Republican Trump further unwinds a signature initiative by Bid...
Reuters
Thu, Aug 14
Cryptocurrencies
Norway Sovereign Wealth Fund’s Indirect Bitcoin Exposure Reaches Over $860M
Norway’s sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), has increased its indirect holdings of Bitcoin to 7,161 BTC, valued at approximately $862.8 million as of June 30, according to new analysis from K33. This represents an 87.7% rise in the last six months and a 192.7...
Bitcoinist
Thu, Aug 14
Cryptocurrencies
Solana Strategy: Nasdaq Firm Taps Arthur Hayes For Advisory Role
Upexi, a Nasdaq-listed company, has stepped up its bet on Solana by forming a new advisory committee and naming Arthur Hayes as its first member. Related Reading: Ethereum Hits $4,300, Restoring Vitalik Buterin’s Crypto Billionaire Status Reports have disclosed the move came with a clear push to sup...
NewsBTC
Thu, Aug 14
Other
Paramount's new owners to increase film production, hang on to cable networks
By Dawn Chmielewski LOS ANGELES, Aug 13 (Reuters) - Paramount Global PSKY.O unveiled plans on Wednesday to retain and develop its stalwart entertainment brands Nickelodeon, MTV, and BET, while sharply increasing feature film production following its $8.4 billion merger with Skydance Media."We...
Reuters
Thu, Aug 14
Other
US returns to Mexico stolen manuscript signed by conquistador Hernan Cortes
By Sarah MorlandMEXICO CITY, Aug 13 (Reuters) - The U.S. FBI said it had on Wednesday returned to Mexico a stolen manuscript dating back five centuries to the Spanish conquest and signed by its leading military commander, Hernan Cortes.Special Agent Jessica Dittmer, a member of the FBI's Art Cri...
Reuters
Thu, Aug 14
Other
Scotiabank lays off investment bankers in US, Asia Pacific - Bloomberg News
-- Source link: https://tinyurl.com/24df6r7t-- Note: Reuters has not verified this story and does not vouch for its accuracy
Reuters
Thu, Aug 14
Commodities
WTI tumbles to near $62.00 on oversupply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.15 during the early Asian trading hours on Wednesday.
WTI
Fxstreet
Thu, Aug 14
Other
Northland Power Says Anticipates FY Adjusted EBITDA To Be In Range Of $1.2 Billion To $1.3 Billion
Aug 13 (Reuters) - Northland Power Inc (Ontario) NPI.TO:NORTHLAND POWER REPORTS SECOND QUARTER 2025 RESULTSNORTHLAND POWER INC - REVISED 2025 FULL YEAR FINANCIAL GUIDANCE FOR ADJUSTED EBITDA AND FREE CASH FLOW PER SHARENORTHLAND POWER INC - ANTICIPATES FY ADJUSTED EBITDA TO BE IN RANGE OF $1.2 BILLI...
Reuters
Thu, Aug 14
Cryptocurrencies
Brazil moves to shield exporters from U.S. tariffs
The Brazilian government announced a wide-ranging support plan on Wednesday to help exporters impacted by a 50% import duty applied by U.S. President Donald Trump on several Brazilian goods. The program, known as “Sovereign Brazil,” provides 30 billion reais ($5.5 billion) in credit along with other steps intended to ease the blow. Just hours later, […]
Cryptopolitan
Thu, Aug 14
Forex
FOREX-Dollar in doldrums as Fed rate-cut bets build; bitcoin soars to record high
By Kevin Buckland TOKYO, Aug 14 (Reuters) - The dollar languished near multi-week lows against the euro and sterling on Thursday as traders ramped up bets for the Federal Reserve to resume cutting interest rates next month.Rising expectations for Fed easing combined with increasing institutional ...
Reuters
Thu, Aug 14
Stocks
RPT-COLUMN-Fed more hamstrung by murky data than Trump interference: McGeever
By Jamie McGeever ORLANDO, Florida, Aug 13 (Reuters) - It's widely believed that U.S. President Donald Trump's insistence on lower interest rates is what's making life most difficult for Federal Reserve Chair Jerome Powell and his colleagues. But what's causing the biggest headach...
Reuters
Thu, Aug 14
Stocks
S&P 500, Nasdaq hit new closing highs on rate cut hopes
NEW YORK, Aug 13 (Reuters) - The benchmark S&P 500 and Nasdaq indexes hit new closing highs for the second straight day on Wednesday on hopes that the Federal Reserve was getting close to a monetary easing cycle.
Reuters
Thu, Aug 14
Cryptocurrencies
Crypto exchange Bullish valued at nearly $13.2 billion in blowout NYSE debut
Aug 13 (Reuters) - Cryptocurrency exchange operator Bullish BLSH.N was valued at about $13.16 billion after its shares more than doubled in their NYSE debut on Wednesday, underscoring investor confidence in the sector and lifting prospects for future U.S. listings by other digital asset firms.
Reuters
Thu, Aug 14
Stocks
AMD Stock Rises 5% to 52-Week High. Mizuho Raised Its PT on AMD to $205 from $183 and Maintains Outperform Rating
Advanced Micro Devices stock rose 5.41% to a 52-week high. The stock, currently trading at $184.42 and commanding a market cap of $299.82 billion, has shown remarkable momentum with a 56% surge over the past six months. Mizuho has raised its price target on AMD to $205 from $183 while...
Tiger News
Thu, Aug 14
Cryptocurrencies
Google clarifies non-custodial wallets not part of recent ban on unlicensed crypto exchanges and wallets
Google Play released a policy statement on Wednesday, requiring crypto exchange and wallet developers to register with regulatory agencies before it will list their apps on its platform. The company added that non-custodial wallets do not fall under the new policy.
Fxstreet
Thu, Aug 14
Stocks
UnitedHealth Stock Rises 4% as Investors Welcome Dividend Approval
UnitedHealth maintained its dividend policy. This was obviously a relief to worried investors.UnitedHealth stock was proving to be beneficial for investors' financial health on Hump Day. They were trading the big health insurance company's stock up by nearly 4% in late-session action, in no small...
Unitedhealth Group Inc
Tiger News
Thu, Aug 14
Cryptocurrencies
Bitcoin hits new all-time high, blows past $123,200 as soft CPI fuels demand
Bitcoin reached a new all-time high on Wednesday, one month after establishing a similar record in July. The rally comes follows a soft Consumer Price Index (CPI) index print on Tuesday, which fueled hopes for a rate cut in the next Federal Open Market Committee (FOMC) meeting in September.
Bitcoin
Fxstreet
Thu, Aug 14
Commodities
Valero Port Arthur, Texas refinery FCCU shut by upset, sources say
HOUSTON, Aug 13 (Reuters) - Production on the gasoline-producing fluidic catalytic cracking unit (FCCU) was shut by a malfunction at Valero Energy's VLO.N 380,000 barrel-per-day (bpd) Port Arthur, Texas refinery, people familiar with plant operations said on Wednesday. The 75,000-bpd FCCU uses a...
Reuters
Thu, Aug 14
Stocks
24H | Crypto Shares Gain With DeFi, BitMine Rising More Than 4%; Upexi Jumps 3%. Coherent Tumbles 20%
Crypto shares jumped in overnight trading as bitcoin rose past $123,500 on Wednesday evening in New York, topping the previous all-time high of $123,205.12 reached on July 14. DeFi, BitMine rose more than 4%; Upexi up 3%; BTCS up 2%; Coinbase, CleanSpark up over 1%.Coherent reported reported solid f...
Tiger News
Thu, Aug 14
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