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PRESS DIGEST- Financial Times - August 1
Aug 1(Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.Headlines- Heathrow ‘ready to start mobilising’ as it unveils £49bn expansion plan- Activist investor pushes Viasat to split broadband and defence u...Reuters
Fri, Aug 1
Cryptocurrencies
Ripple (XRP) Flashes Bullish Signal Toward $10, But This DeFi Token Is Gaining More Whale Interest Going into August
As crypto markets brace for a pivotal August, whale wallets are quietly reshaping their portfolios, and one name keeps surfacing, Mutuum Finance (MUTM). The token has surpassed the $13.8 million milestone during its presale. While Ripple’s XRP flashes a technical breakout that could propel prices toward $10, Mutuum Finance is capturing growing whale attention with […]Cryptopolitan
Fri, Aug 1
Other
CEO Tim Cook says Apple ready to open its wallet to catch up in AI
Apple plans to increase spending on AI and data centersApple open to acquiring larger AI companies, CEO Cook saysApple's AI strategy could include reworking Safari By Stephen Nellis SAN FRANCISCO, July 31 (Reuters) - Apple AAPL.O CEO Tim Cook signaled on Thursday the iPhone maker was ready to...Reuters
Fri, Aug 1
Stocks
PBF Energy (PBF) Q2 Revenue Falls 14%
Key PointsNon-GAAP earnings per share of $(1.03) in Q2 2025 topped analyst estimates by $0.23 despite a wider loss from the prior year.Revenue of $7.47 billion exceeded expectations but declined 14.4% from $8.74 billion in GAAP revenue in Q2 2024.Martinez refinery continued only partial operations d...The Motley Fool
Fri, Aug 1
Economic Indicator
Trade deal with U.S. will boost Thailand's competitiveness, confidence, minister says
BANGKOK, Aug 1 (Reuters) - Thailand's finance minister said on Friday that the 19% tariff rate agreed with the United States will help bolster its competitiveness globally, boost investor confidence and create opportunities for economic growth.The new rate is significantly lower than the 36% lev...Reuters
Fri, Aug 1
Stocks
Altria (MO) Q2 EPS Jumps 8%
Key PointsAdjusted earnings per share exceeded expectations in Q2 2025, Adjusted earnings per share rose 8.3% year over year in Q2 2025 to $1.44.Oral tobacco product revenue (GAAP) grew 5.9% in Q2 2025, led by strong gains in nicotine pouches, while smokeable products volume fell 10.2% in 2024.Full-...The Motley Fool
Fri, Aug 1
Stocks
GLOBAL MARKETS-Asian shares fall as US unleashes fresh tariffs, jobs data up next
US announces new tariff rates ahead of trade talks deadlineNasdaq futures slip 0.5% as Amazon tumbles after hoursDollar sets for 2.4% weekly gain, best in nearly 3 yearsUS jobs data pivotal for Sept rate cut hopesBy Stella Qiu SYDNEY, Aug 1 (Reuters) - Asian shares fell on Friday after the U.S. s...Reuters
Fri, Aug 1
Economic Indicator
Japan will press US to execute auto tariff cut, Akazawa says
TOKYO, Aug 1 (Reuters) - Japan will continue to push the U.S. to implement an agreed-upon cut to automobile and auto parts tariffs to 15% from 25%, its top trade negotiator Ryosei Akazawa said on Friday.U.S. tariffs will weigh on Japan's economy through reduced exports and slowing global growth,...Reuters
Fri, Aug 1
Stocks
Markel Group Inc reports results for the quarter ended June 30 - Earnings Summary
Markel Group Inc MKL.N reported quarterly adjusted earnings of $13.88 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $26.96. The mean expectation of six analysts for the quarter was for earnings of $25.03 per share. Wall Street exp...Reuters
Fri, Aug 1
Cryptocurrencies
Bitcoin Short-Term Holders Are Selling At A Loss Amid Ongoing Price Fluctuations
After coming close to the $120,000 price mark a few days ago, Bitcoin’s price faced notable bearish pressure, causing the flagship asset to fall back to $116,000. With BTC experiencing price swings, short-term holders have begun to offload their holdings, indicating panic selling among these investo...Bitcoinist
Fri, Aug 1
Cryptocurrencies
Altcoin Season Here? 6 Key Metrics Show Market Shift
On-chain analytics firm CryptoQuant has highlighted six indicators that could point to growing momentum in the altcoin market. These Altcoin Metrics Are Observing Positive Developments In a new thread on X, CryptoQuant has discussed about how the altcoins have been heating up since Bitcoin’s b...NewsBTC
Fri, Aug 1
Other
Rwanda, Congo hold first meeting of joint oversight committee under peace deal
By Daphne Psaledakis and Sonia RolleyJuly 31 (Reuters) - Rwanda and the Democratic Republic of Congo held the first meeting of a joint oversight committee on Thursday, taking a step toward implementing a peace deal agreed last month in Washington even as other commitments are yet to be fulfilled.The...Reuters
Fri, Aug 1
Other
Bayer adds $1.37 billion to Roundup litigation reserves, raises 2025 sales forecast
July 31 (Reuters) - German pharmaceutical and biotechnology group Bayer BAYGn.DE said on Thursday it had set aside an additional 1.2 billion euros ($1.37 billion) in provisions to address ongoing litigation in the United States over weed killer Roundup.The German group said that, on a currency-adjus...Reuters
Fri, Aug 1
