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PRESS DIGEST-British Business - February 25
Feb 25 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times- Britain's National Grid NG.L has sold its U.S. interests in solar arrays, onshore wind farms and battery stor...Reuters
Tue, Feb 25
Commodities
RUBBER-Japan futures dip on US tariff worries
SINGAPORE, Feb 25 (Reuters) - Japanese rubber futures edged lower on Tuesday, weighed down by concerns over U.S. President Donald Trump's tariff plans, although losses were limited by prospects of tighter supply from top producer Thailand. The Osaka Exchange (OSE) rubber contract for August de...Reuters
Tue, Feb 25
Other
BRIEF-Trump Team Seeks To Toughen Biden's Chip Controls Over China- Bloomberg News
Feb 24 (Reuters) - TRUMP TEAM SEEKS TO TOUGHEN BIDEN’S CHIP CONTROLS OVER CHINA- BLOOMBERG NEWSTRUMP TEAM EYEING MORE NVIDIA CURBS, CHINESE COMPANY SANCTIONS- BLOOMBERG NEWSUS OFFICIALS MET JAPANESE, DUTCH COUNTERPARTS TO RESTRICT TOKYO ELECTRON, ASML ENGINEERS FROM MAINTAINING SEMICONDUCTOR GEAR IN...Reuters
Tue, Feb 25
Stocks
Anduril Could IPO Soon. But What Does Anduril Even Do?
Anduril Industries co-founder Palmer Luckey told Bloomberg last month that his company is "on a path to being a publicly traded company." Luckey thinks it's "important" that Anduril IPO soon -- although he hasn't said exactly when that might happen.Just the prospect of an Anduril IPO, however, was e...The Motley Fool
Tue, Feb 25
Commodities
GRAINS-Corn steadies after fund sell-off
CANBERRA, Feb 25 (Reuters) - U.S. corn futures steadied on Tuesday after improving crop weather in South America and expectations of increased planting by U.S. farmers triggered a speculative sell-off that drove prices from 18-month highs.Wheat and soybean futures rose slightly, having been dragged ...Reuters
Tue, Feb 25
Cryptocurrencies
Crypto Funds See Massive $508M Outflow—Are Investors Getting Cold Feet?
Crypto asset investment products experienced significant outflows last week, according to the latest fund flows report from CoinShares. The report revealed that outflows totaled $508 million, bringing the cumulative two-week outflows to $924 million. These recent trends follow an 18-week streak of i...Bitcoinist
Tue, Feb 25
Commodities
METALS-London copper eases on firmer dollar, tariff risks
NEW DELHI, Feb 25 (Reuters) - London copper prices edged lower on Tuesday, pressured by a stronger dollar and concerns over metal demand following U.S. President Donald Trump's tariff plans.Three-month copper on the London Metal Exchange (LME) CMCU3 was down 0.3% at $9,464 a metric ton, as of 02...Reuters
Tue, Feb 25
Forex
Japanese Yen hovers 150.00 against USD; downside potential seems limited
The Japanese Yen (JPY) drifts lower for the second straight day, which, along with a further US Dollar (USD) recovery from over a two-month low, lifts the USD/JPY pair back above the 150.00 psychological mark during the Asian session on Tuesday.
Fxstreet
Tue, Feb 25
Commodities
Oil prices gain for a second day as US sanctions on Iran raise supply concerns
By Colleen Howe BEIJING, Feb 25 (Reuters) - Oil prices rose for a second day on Tuesday as the U.S. imposed fresh sanctions on Middle Eastern producer Iran that increased concerns supply might tighten. Brent crude futures LCOc1 rose 38 cents, or 0.51%, to $75.16 a barrel by 0217 GMT. U.S. West Te...Reuters
Tue, Feb 25
Cryptocurrencies
Ripple's XRP flashes red as President Trump to begin Mexico, Canada tariffs in March
Ripple's XRP joined the wider crypto market decline, plunging nearly 10% on Monday following President Donald Trump reiterating that the US will kick off tariffs on Mexico and Canada.
Fxstreet
Tue, Feb 25
Other
Taiwan economy ministry has received no information about any TSMC investment in Intel, US
TAIPEI, Feb 25 (Reuters) - Taiwan's economy minister said on Tuesday his ministry had not received information about an overseas investment application by Taiwanese chipmaker TSMC 2330.TW, when asked about possible investment in Intel INTC.O and the United States.Reuters
Tue, Feb 25
Stocks
Getting a Tax Refund? 3 Energy Stocks to Buy With Your Refund Check.
Roughly 40% of tax filers get a refund each year. If that includes you, you might be wondering what to do with that windfall. You could spend it on something nice, use it to pay off some debt, or save it for a rainy day. Investing it is another option. One place to consider putting that money is the...The Motley Fool
Tue, Feb 25
Stocks
GLOBAL MARKETS-Asian shares slide on US curbs on China, euro gives up gains
Asian stock markets: https://tmsnrt.rs/2zpUAr4Hong Kong's Hang Seng falls 2.3%, Alibaba slumps 7.8%Nikkei down 0.9%, shares of Japanese trading houses jumpGold hit record high, U.S. dollar bounces from lowsBy Stella Qiu SYDNEY, Feb 25 (Reuters) - Asian shares slid on Tuesday amid worries abou...Reuters
Tue, Feb 25
Stocks
Is Devon Energy Stock a Buy Now?
I'll cut to the chase. Devon Energy (NYSE: DVN) is an attractive stock, but only for a specific type of investor. Here's what you need to know about the company's prospects in 2025 and whether the stock suits your portfolio.Devon Energy makes progressIn a nutshell, Devon Energy is an excellent stock...The Motley Fool
Tue, Feb 25
Cryptocurrencies
Strategy’s Michael Saylor met with the SEC Crypto Task Force on Friday
Microstrategy founder and chairman Michael Saylor sat down with the SEC’s brand-new Crypto Task Force in Washington on Friday, February 21, and had a meeting focused entirely on figuring out exactly how digital assets like Bitcoin, tokens, NFTs, and stablecoins should be regulated across the United States. The SEC’s task force started work just one […]Cryptopolitan
Tue, Feb 25
