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ADVISORY-Alert on ProCap BTC from law firm's press statement withdrawn
An alert on law firm Reed Smith advising Anthony Pompliano's ProCap BTC in $1 billion business combination with Columbus Capital Corp CCCM.O was inadvertently published off a press release from the law firm and has been withdrawn.There will be no substitute.STORY_NUMBER: nTUAL69YSTORY_DATE: 26/0...Reuters
Thu, Jun 26
Other
Motor racing-F1 leader Piastri will not seek preferential treatment
SPIELBERG, Austria, June 26 (Reuters) - Formula One leader Oscar Piastri said he would not seek preferential treatment in the title battle with McLaren teammate Lando Norris and the pair will continue to race freely after a collision in Canada two weeks ago.The Australian is 22 points clear of Norri...Reuters
Thu, Jun 26
Other
EXCLUSIVE-White House wants major cut in US war crimes, accountability funding, sources say
OMB recommends cutting funding for war crimes, accountability programsRecommendation does not mean final decisionImpacted programs include work over alleged Russian atrocities in UkraineBy Humeyra Pamuk and Anthony Deutsch WASHINGTON/THE HAGUE, June 26 (Reuters) - The White House on Wednesday rec...Reuters
Thu, Jun 26
Cryptocurrencies
Ripple Price Forecast: XRP/BTC pair falls to 7-month low, but falling wedge hints at imminent breakout
Ripple (XRP) is facing growing selling pressure amid broader market uncertainties, driven by geopolitical tensions and macroeconomic factors. After a sharp but brief run from the weekend low of $1.90, the token is trading at around $2.14 at the time of writing on Thursday.
Fxstreet
Thu, Jun 26
Commodities
Vessels near Strait of Hormuz transmit unusual messages to prevent attacks
Israel, Iran ceasefire remains fragile, maritime threat elevatedVessels transmitting atypical messages to deter attacksElectronic interference affects navigation systemsBy Georgina McCartney and Arathy Somasekhar HOUSTON, June 26 (Reuters) - Vessels near the Strait of Hormuz have been broadcastin...Reuters
Thu, Jun 26
Other
US Justice Dept to probe hiring practices at University of California
By Andrew Goudsward WASHINGTON, June 26 (Reuters) - The U.S. Justice Department will investigate hiring practices at the University of California system to examine whether its efforts to boost faculty diversity run afoul of anti-discrimination laws, the department said in a statement on Thursday....Reuters
Thu, Jun 26
Cryptocurrencies
Core Scientific surges on report co in takeover talks with CoreWeave
** Shares of Core Scientific CORZ.O jump 22% to $15, highest since Jan, on Thurs after report it's in talks to be acquired by AI hyperscaler CoreWeave CRWV.O** A transaction could be finalized in coming weeks, as long as talks don't hit any snags, Wall Street Journal reported, citing people ...Reuters
Thu, Jun 26
Other
Dutch prosecutors seek jail term for ex-ASML employee accused of spying, media says
ROTTERDAM, June 26 (Reuters) - Dutch prosecutors are seeking a four-year prison sentence for a former employee of computer chip equipment maker ASML ASML.AS, accused of stealing and selling corporate secrets to a Russian buyer, Dutch media outlet NOS Nieuws reported on Thursday.The Russian suspect, ...Reuters
Thu, Jun 26
Stocks
European stocks muted as investors gauge US interest rate outlook
STOXX 600 up 0.09%European defence shares rise EU to canvass leaders at summit on resolving U.S. tariff conflictBy Sukriti Gupta, Sanchayaita Roy and Pranav Kashyap June 26 (Reuters) - European stocks seesawed throughout Thursday before closing largely flat, as investors weighed the latest signa...Reuters
Thu, Jun 26
Other
US CDC panel broadly recommends flu shots free from thimerosal
June 26 (Reuters) - The external committee advising the U.S. Centers for Disease Control and Prevention on vaccine policy voted that all adults in the country receive a seasonal flu shot in single-dose forms that are free from mercury-based preservative thimerosal.The panel voted five-to-one in favo...Reuters
Thu, Jun 26
Cryptocurrencies
Kraken targets PayPal and Venmo, as crypto giant enters payments game
Kraken is coming for the payments industry. The crypto exchange is building a brand-new financial app called Krak, which will let people and businesses send money, including crypto and regular currencies, across borders without paying high fees. This new tool is Kraken’s way of breaking into the global remittance and payments market, putting itself in […]Cryptopolitan
Thu, Jun 26
Other
FCC chief had no discussions with White House on Trump Mobile phone
By David Shepardson WASHINGTON, June 26 (Reuters) - The head of the U.S. Federal Communications Commission said on Thursday he had no discussions with the White House about the Trump Organization's self-branded mobile service and a $499 smartphone dubbed Trump Mobile.FCC Chair Brendan Carr, w...Reuters
Thu, Jun 26
Stocks
PREVIEW: Nike stock climbs as investors focus on falling sales
** Nike NKE shares climbing 1.3% on Thurs ahead of qtrly results after the bell, with low expectations from investors as the sports brand struggles with falling sales and competition from trendier rivals** Analysts expect qtrly rev down 15% to $10.72 bln, with adjusted EPS seen at $0.13 vs $1.01 yr-...Reuters
Thu, Jun 26
Stocks
Incyte appoints Bill Meury as CEO, shares rise
** Shares of drugmaker Incyte INCY.O rise as much as 4.4% to a 4-month high of $71.50 ** INCY says it has appointed Bill Meury as CEO, effective immediately** Meury replaces Hervé Hoppenot, who has been in the role since 2014 and will retire, co says** Brokerage William Blair says "the leadershi...Reuters
Thu, Jun 26
Commodities
Lithium industry bemoans 'paradox' of low prices, rising demand
Supply for battery metal keeps outpacing rising demandImbalance may persist until at least 2030 Industry conference focused on cost cuttingLithium's future demand seen as solidBy Ernest Scheyder LAS VEGAS, June 26 (Reuters) - An ongoing slide in lithium prices even as demand for the battery m...Reuters
Thu, Jun 26
Cryptocurrencies
Judge Torres extends Ripple, SEC drama with indicative ruling denial
Ripple was denied an indicative ruling, though retaining the general ruling on the security status of XRP. New appeals to finalize the lawsuit with the SEC may begin with appeals, expected after August 15.Cryptopolitan
Thu, Jun 26
Cryptocurrencies
Bitwise files amended S-1s for its spot Dogecoin ETF and Aptos ETFs
Bitwise Asset Management has filed an amended S-1 registration statement for its proposed spot Dogecoin and Aptos exchange-traded funds with the US Securities and Exchange Commission (SEC). The updated filings were submitted on Thursday, exactly two weeks after the regulator postponed its review of the Dogecoin ETF. According to Bloomberg Intelligence Senior ETF Analyst Eric […]Cryptopolitan
Thu, Jun 26
Commodities
Canadian funds shelve $6 billion sale of renewables company Cubico, sources say
By Andres Gonzalez and Isla Binnie LONDON/NEW YORK, June 26 - Two Canadian pension funds have halted a long-running auction for renewable energy developer Cubico Sustainable Investments that they had hoped could be valued at more than $6 billion, including debt, three people familiar with the mat...Reuters
Thu, Jun 26
Other
Musk calls Lebanese president as Starlink seeks license
BEIRUT, June 26 (Reuters) - Billionaire businessman Elon Musk and Lebanese President Joseph Aoun spoke by phone to discuss making elements of Musk's sprawling business empire available in Lebanon, a statement from Aoun's office said on Thursday. The statement said Musk called Aoun and "e...Reuters
Thu, Jun 26
