News
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Liberty Mutual appoints Bhatnagar as president, major accounts, GRS in North America
By Isha MaratheJune 17 - (The Insurer) - Liberty Mutual Insurance has appointed Neal Bhatnagar as president, major accounts, of global risk solutions in North America, replacing Mike Fallon, who will retire in January 2026 and remain as a senior advisor to the GRS North America leadership team.Bhat...Reuters
Tue, Jun 17
Cryptocurrencies
Rising Bitcoin Dominance Above 64% Dashes Hopes Of Altcoin Season, Here’s Why
Crypto analyst Daan Crypto has provided an analysis of the rising Bitcoin dominance, explaining why this will likely continue to surge. Based on his analysis, the altcoin season is unlikely to come anytime soon, with many alts suffering significant selling pressure while BTC accumulation increases. ...NewsBTC
Tue, Jun 17
Cryptocurrencies
Polygon’s ‘Gigagas’ Roadmap Targets 100K TPS – Can Mutuum Finance (MUTM) Scale With the Best?
As part of the Gigagas roadmap, Polygon will bring instant finality, fast transactions, and promote institutional adoption for payments and real-world assets. The goal is to make Polygon the universal layer for global payments and real-world assets without intermediaries. Polygon plans to release the first milestone of this roadmap in early July, which will bring […]Cryptopolitan
Tue, Jun 17
Other
BREAKINGVIEWS-Dizzying IPO pops benefit from small class size
By Stephen Gandel NEW YORK, June 17 (Reuters Breakingviews) - A recent triple-C run of public-market debuts has won an A grade from investors. Alliterative initial public offerings from CoreWeave CRWV.O, Circle Internet Group CRCL.N and Chime Financial CHYM.O all led to stunning share-price gains...Reuters
Tue, Jun 17
Stocks
Coinbase seeking US SEC approval to offer blockchain-based stocks
Move would let Coinbase offer stock trading via blockchainDigital tokens would represent ownership of securitiesProponents say tokenized equities could cut trading costsBy Hannah Lang June 17 (Reuters) - Coinbase is seeking a green light from the U.S. Securities and Exchange Commission to offer &...Reuters
Tue, Jun 17
Other
Musk's xAI in talks for $4.3 billion equity funding, Bloomberg News reports
June 17 (Reuters) - Elon Musk's artificial intelligence startup xAI is in talks to raise $4.3 billion through an equity investment on top of its $5 billion debt funding plans, Bloomberg News reported on Tuesday, citing information shared with investors.Between its founding in 2023 and the launch...Reuters
Tue, Jun 17
Commodities
Staatsolie, Petronas sign production sharing contract for deepwater block in Suriname
June 17 (Reuters) - Suriname's state energy company Staatsolie and an affiliate of Malaysia's oil firm Petronas on Tuesday signed a production sharing contract for exploring and developing an offshore oil and gas block, Staatsolie said in a release.Reuters
Tue, Jun 17
Commodities
PRECIOUS-Gold inches up on safe-haven demand as Middle East tensions rise
US retail sales fall sharply in MayFed rate decision due on WednesdayTrump says he wants 'real end' to nuclear problem with IranPlatinum, palladium up over 1% By Sarah Qureshi June 17 (Reuters) - Gold prices edged up on Tuesday as Iran-Israel tensions boosted safe-haven demand but a stron...Reuters
Tue, Jun 17
Other
Soccer-Fluminense begin Club World Cup with goalless draw against Dortmund
EAST RUTHERFORD, N.J., June 17 (Reuters) - Fluminense held Borussia Dortmund to a 0-0 draw in their Group F Club World Cup opener in New Jersey on Tuesday, as the Brazilian side were left to rue missed chances at MetLife Stadium. Fluminense were firmly in control against the Bundesliga side in the f...Reuters
Tue, Jun 17
Other
Next G7 leaders summit to take place at Evian in French Alps - Macron
KANANASKIS, Alberta, June 17 (Reuters) - France will host the next G7 summit at the Alpine spa resort town of Evian-les-Bains in 2026, French President Emmanuel Macron said on Tuesday. Bordering Switzerland on the shores of Lake Geneva, Evian,already hosted the G7 in 2003.It was also the first t...Reuters
Tue, Jun 17
Other
Small business seeks early Supreme Court review of Trump’s tariffs
Two courts have ruled against Trump's tariffsTariffs remain in place while Trump administration appealsSmall business says US Supreme Court should speed the pace of appealsBy Dietrich Knauth June 17 (Reuters) - A small business on Tuesday asked the U.S. Supreme Court to decide the legality of...Reuters
Tue, Jun 17
Other
Sinovac Biotech Ltd Decides To Declare Second Special Cash Dividend Of $19.00 Per Common Share
June 17 (Reuters) - Sinovac Biotech Ltd SVA.O:SINOVAC BIOTECH LTD - INTENDS TO DECLARE THIRD SPECIAL CASH DIVIDEND BETWEEN US$20.00 - US$50.00 PER COMMON SHARESINOVAC BIOTECH LTD - DECIDES TO DECLARE SECOND SPECIAL CASH DIVIDEND OF US$19.00 PER COMMON SHARESINOVAC BIOTECH LTD - ADOPTS NEW DIVIDEND P...Reuters
Tue, Jun 17
Other
Forecaster says US House version of Trump bill to cost $2.8 trillion despite economic gains
WASHINGTON, June 17 (Reuters) - The nonpartisan U.S. Congressional Budget Office projected on Tuesday that President Donald Trump's sweeping tax-cut and spending bill would lead to a $2.8 trillion deficit increase over a decade, despite an increase in economic output. The budget watchdog issued...Reuters
Tue, Jun 17
Commodities
Vaca Muerta shale formation propels Argentina closer to energy self-sufficiency, analysts say
June 17 (Reuters) - Soaring oil and gas production from Argentina's Vaca Muerta shale formation in the first quarter of 2025 is fueling the nation's push for energy self-sufficiency and ambitious plans to become an important liquefied natural gas exporter, Rystad Energy analysts said on Tues...Reuters
Tue, Jun 17
Other
Amazon's corporate workforce may shrink as AI takes over routine tasks
June 17 (Reuters) - Rollout of generative AI and agents will reduce Amazon's AMZN.O total corporate workforce in the next few years, Andy Jassy, CEO of the online retailer said in a note to employees on Tuesday.Artificial intelligence is reshaping the global workforce by automating routine and r...Reuters
Tue, Jun 17
