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Addentax Group Proposed Acquisition Of Offshore Wealth Management & Integrated Cross-Border Service Business Of Hong Kong-Based Riches Group
Feb 6 (Reuters) - Addentax Group Corp ATXG.O:ADDENTAX GROUP: PROPOSED ACQUISITION OF OFFSHORE WEALTH MANAGEMENT & INTEGRATED CROSS-BORDER SERVICE BUSINESS OF HONG KONG-BASED RICHES GROUPADDENTAX GROUP CORP - ANTICIPATES THAT PROPOSED ACQUISITION COULD CONTRIBUTE APPROXIMATELY HKD 300 MILLION IN ...Reuters
Fri, Feb 6
Other
Carlyle says software represents 6% of total assets
NEW YORK, Feb 6 (Reuters) - Software represents around 6% of Carlyle's assets under management, executives said on Friday, responding to market concerns around potential disruption in the sector from artificial intelligence.CEO Harvey Schwarz told analysts on a conference call he was "reluct...Reuters
Fri, Feb 6
Stocks
U.S. STOCKS ON THE MOVE-Biogen, Bloom Energy, Ubiquiti
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8Wall Street was poised to open higher on Friday following a bruising selloff in technology shares through the week, though optimism was tempered by Amazon's drop after it became the late...Reuters
Fri, Feb 6
Stocks
Novo Nordisk shares rebound as FDA targets illegal drug copies
By Jacob Gronholt-Pedersen COPENHAGEN, Feb 6 (Reuters) - Shares in Danish drugmaker Novo Nordisk NOVOb.CO gained 5.4% on Friday, recovering some of the previous two sessions' steep losses, after the U.S. Food and Drug Administration (FDA) pledged to address mass-marketing of unapproved drugs....Reuters
Fri, Feb 6
Other
German court tells Renault to stop selling two models in patent row, says WiWo
FRANKFURT, Feb 6 (Reuters) - A German court has ordered French carmaker Renault RENA.PA to halt the sale of its Megane and Clio models in a dispute over patent rights with U.S. technology group Broadcom AVGO.O, business magazine WirtschaftsWoche reported on Friday.The regional court in Munich found ...Reuters
Fri, Feb 6
Commodities
Chile's Codelco forms joint venture with Quiborax for lithium exploration
Feb 6. (Reuters) - Chile's state miner Codelco and the Chilean acid producer Quiborax have created a joint venture to secure a special lithium operation contract for the Salar de Ascotan salt flat in northern Chile, the companies said on Thursday.The partnership, called Minera Ascotan SpA, has a...Reuters
Fri, Feb 6
Stocks
Big Tech to Spend $650 Billion This Year As Amid Intensifying Competition
The four major American technology giants jointly predict that by 2026, their total capital expenditure will reach approximately 650 billion US dollars - this is an astonishing amount of funds, which will be used for building new data centers and all the equipment they contain.Alphabet, Amazon, Meta...Tiger News
Fri, Feb 6
Other
For Palestinians returning to Gaza, a bittersweet reunion
Eatedal Rayyan reunites with husband in war-shattered Gaza after nearly two yearsRayyan fled to Egypt for medical care early in the conflictRafah border crossing reopens, allowing limited returns to GazaRaayan says she longed to come home: 'Life in Gaza is still beautiful, even though it's b...Reuters
Fri, Feb 6
Cryptocurrencies
XRP Consolidates as Analysts Point to Cheap Penny Cryptos and Maxi Doge for 2026 Explosion
The crypto market is undergoing a familiar, cyclical shift. While legacy assets like XRP continue to dominate headlines with regulatory victories and steady institutional adoption, retail traders hungry for “life-changing” multiples are looking elsewhere. XRP remains a staple portfolio a...Bitcoinist
Fri, Feb 6
Other
US watchdog to review high failure rate in FAA air traffic control training
Inspector General cites 30% failure rate among traineesCongress approves funding for 2,500 new controllersFAA offers incentives to boost controller staffingBy David Shepardson WASHINGTON, Feb 5 (Reuters) - The U.S. Transportation Department Office of Inspector General said on Thursday it will ope...Reuters
Fri, Feb 6
Other
CORRECTED-EXCLUSIVE-Citigroup aims to complete work on consent orders this year, sources say
Regulatory relief began late last year with removal of OCC amendment to consent orderBank could analyze acquisitions and focus on growth once consent orders are liftedBank was fined $400 million in 2020 and $136 million in 2024 for failing to fix data issuesBy Tatiana Bautzer and Lananh Nguyen NE...Reuters
Fri, Feb 6
Cryptocurrencies
Peter Brandt Sees A Path To $42K As Bitcoin Maxi Crowds Brace For Volatility
What to Know: Bitcoin’s slide toward the mid-$60Ks has reignited downside targets like $42K, especially as liquidity and sentiment wobble. Spot Bitcoin ETF flows have turned choppy, with sharp late-January outflows and inconsistent rebounds into early February. ‘Crypto winter’ framing is...NewsBTC
Fri, Feb 6
Stocks
Street View: Cummins North American truck market poised for recovery
U.S. truck-engine maker Cummins CMI.N on Thursday posted a marginal rise in fourth-quarter revenue on strong demand for its power-generation systems and distribution segments.CMI's shares up 1.5% at $549 premarket NORTH AMERICAN TRUCK MARKET VOLUMESMorgan Stanley says fears of a slowdown in ...Reuters
Fri, Feb 6
Other
Acciona, ACS and others win $4 billion railway contract in Australia
Feb 6 (Reuters) - A consortium that includes the Australian units of Spanish firms Acciona ANA.MC and ACS ACS.MC won a 5.75 billion Australian dollar ($4 billion) contract for rail construction works on a major railway connecting Logan and the Gold Coast in Queensland, Australia, Acciona said on Fri...Reuters
Fri, Feb 6
Cryptocurrencies
Europe plans euro-backed stablecoins, joint EU debt to reduce dollar reliance
Finance ministers across Europe will meet on February 16 to decide how to fight back against the global control of the US dollar. According to a document prepared by the European Commission, they’ll talk about launching euro-denominated stablecoins and expanding joint EU debt. This is a survival plan. The euro makes up only 20% of […]Cryptopolitan
Fri, Feb 6
Commodities
EU Commission proposes new package of sanctions against Russia
BRUSSELS, Feb 6 (Reuters) - The European Commission has proposed a new package of sanctions against Russia that targets energy, financial services and trade sectors, its President Ursula von der Leyen said on Friday.She said the new sanctions would include a full maritime services ban for Russian cr...Reuters
Fri, Feb 6
