News
Important Only
Commodities
Shell picks PwC as auditor to replace EY
LONDON, Feb 6 (Reuters) - Shell SHEL.L has chosen PricewaterhouseCoopers (PwC) as its next auditor after a tender process, with PwC set to replace EY from 2027, the oil major said on Friday.Britain's Financial Reporting Council said in December it had opened an investigation into EY's audit ...Reuters
Fri, Feb 6
Cryptocurrencies
Tether’s Tokenized Gold Strategy Creating New Opportunities: $SUBBD Takes on Creator Economy
What to Know: Tether’s investment in Gold.com validates the trend of tokenizing real-world assets to remove legacy friction. The ‘ownership economy’ narrative is expanding beyond commodities into the $85B creator industry. SUBBD Token disrupts Web2 platforms by slashing fees and integrat...NewsBTC
Fri, Feb 6
Forex
EUR/JPY returns above 185.00, Yen weakens ahead of Japan’s elections
The Euro (EUR) has resumed its immediate bullish trend against the Japanese Yen (JPY) on Friday. The pair is trading at 185.25 at the time of writing, up from session lows at 184.40, with the JPY losing ground against its main peers ahead of this weekend’s snap elections.
Fxstreet
Fri, Feb 6
Other
Deals of the day-Mergers and acquisitions
The following bids, mergers, acquisitions and disposals were reported by 1030 GMT on Friday: Brazilian state-run oil firm Petrobras said it has purchased a 42.5% stake in block 2613, located offshore Namibia.nS0N3YE049 Chevron CVX.N is one of at least two companies vying for...Reuters
Fri, Feb 6
Other
Toyota names former secretary of chairman Toyoda as next CEO
Sato to focus on broader industry in new vice chairman roleToyota faces scrutiny over buyout of Toyota IndustriesKon seen as the architect of the Toyota Industries buyoutBy Daniel Leussink and Maki Shiraki TOKYO, Feb 6 (Reuters) - Toyota 7203.T on Friday named finance chief Kenta Kon, a close all...Reuters
Fri, Feb 6
Other
Germany's Merz says EU willing to talk to Russia, but will not hold 'parallel' talks
BERLIN, Feb 6 (Reuters) - German Chancellor Friedrich Merz said on Friday that the European Union is always willing to hold talks with Russia in an effort to end the war in Ukraine, but will not "open any parallel channels of communication.""We are, of course, always ready to hold talks ...Reuters
Fri, Feb 6
Stocks
EXPLAINER-Global carmakers book $55 billion hit from EV rollback
By Alessandro Parodi Feb 6 (Reuters) - Global carmakers have booked some $55 billion in writedowns in the past year as they scale back electric vehicle ambitions on a tough U.S. market under President Donald Trump, price wars in China and a more complex mix of vehicle types in Europe.The latest t...Reuters
Fri, Feb 6
Commodities
Maher Terminals, A 450-Acre Facility At The Port Of New York And New Jersey, Is Expected To Sell For Over $3 Billion - WSJ
Feb 6 (Reuters) - MAHER TERMINALS, A 450-ACRE FACILITY AT THE PORT OF NEW YORK AND NEW JERSEY, IS EXPECTED TO SELL FOR OVER $3 BILLION - WSJSource text: https://tinyurl.com/27t6u29gReuters
Fri, Feb 6
Stocks
FACTBOX-Hedge funds jump into volatile January to reap returns
By Nell Mackenzie LONDON, Feb 5 (Reuters) - Hedge funds posted positive returns in January thanks to ripples of market volatility stemming from U.S. military action in Venezuela, questions around the independence of the Federal Reserve and a cold snap that sent natural gas futures sharply higher....Reuters
Fri, Feb 6
Stocks
Coty shares fall after withdrawing full‑year forecast under new CEO
Shares of CoverGirl parent Coty COTY.N fall nearly 8% to $2.9 in premarketCo withdrew its full-year guidance on Thursday as it launched a strategic focus on core brands, with new interim CEO Markus Strobel calling for improved discipline and execution to turn around sluggish financial performanceJ.P...Reuters
Fri, Feb 6
Stocks
LIVE MARKETS-BoE, ECB set pound and euro on divergent paths
STOXX 600 up 0.1%Stellantis plungs over 20%, weighs on auto sectorConstruction, defence stocks leadWall Street futures edge upWelcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com BOE,...Reuters
Fri, Feb 6
Cryptocurrencies
Bitcoin ETFs See $434M in Outflows as $BTC Tests $60K Support – Can Bitcoin Hyper Take Over?
Quick Facts: ➡️ U.S. spot Bitcoin ETFs saw $434 million in outflows as BTC price weakness drove institutional de-risking. ➡️ Investors are rotating from passive ‘paper Bitcoin’ products toward on-chain protocols that offer yield and programmability. ➡️ Bitcoin Hyper is capitalizing on this shift by ...Bitcoinist
Fri, Feb 6
Economic Indicator
Major ECB officials affirm neutral policy stance as inflation projections remain anchored
There have been remarks from several European Central Bank (ECB) officials during the European trading session on Friday regarding the current state and outlook on inflation and interest rates.
Fxstreet
Fri, Feb 6
Cryptocurrencies
Missed Shiba Inu (SHIB) in 2021? This $0.04 DeFi Crypto Could be Your Second Chance at Big Gains
Shiba Inu (SHIB) captured the spotlight in 2021 with its meteoric rise, creating huge returns for early investors. For those who missed out, analysts suggest looking at opportunities that combine early-stage growth potential with real utility. One such next big crypto gaining attention is Mutuum Finance (MUTM), currently priced at just $0.04. Designed as a […]Cryptopolitan
Fri, Feb 6
Stocks
This Robinhood Stock Has a Trailing 48% Dividend Yield. Is It Too Good to Be True?
Key PointsThe dividend yield tells an investor what kind of return they can expect from a stock's dividends.A trailing-12-month dividend yield of 48% is insanely high.An ultra-high dividend yield like this often indicates that a company is facing issues.10 stocks we like better than Oxford Lane Capi...The Motley Fool
Fri, Feb 6
Cryptocurrencies
US-Iran Tensions Resurface Ahead Of Nuclear Talks: Impacting Bitcoin And $LIQUID Presale
What to Know: Renewed US-Iran tensions and upcoming nuclear talks are creating a ‘risk-off’ environment, leading to potential short-term volatility for Bitcoin and major assets. Geopolitical uncertainty highlights the flaws in current crypto infrastructure, specifically the fragmentation...NewsBTC
Fri, Feb 6
Other
Olympics-Figure skating-Chock & Bates put US atop the leaderboard in figure skating's team event
By Lori EwingMILAN, Feb 6 (Reuters) - American ice dancers Madison Chock and Evan Bates delivered a commanding start for reigning champions the United States in the figure skating team event at the Milano Cortina Olympics, winning Friday's rhythm dance with a world's best score this season.S...Reuters
Fri, Feb 6
Stocks
US equity fund inflows ease as tech selloff weighs
Feb 6 (Reuters) - U.S. equity funds witnessed an easing of demand in the week through February 4 on caution over a selloff in software stocks, although strong earnings from Eli Lilly and Super Micro Computer offered some support.Investors bought U.S. equity funds of $5.58 billion during the week, ap...Reuters
Fri, Feb 6
Stocks
What a $3 Million Add to National Fuel Gas Stock Signals to Long-Term Investors
Key PointsGAMCO Investors added 37,056 NFG shares in the fourth quarter; the estimated transaction value was $3.05 million based on quarterly average pricing.Meanwhile, the quarter-end position value fell by $14.37 million, reflecting both trading and price movement.As fo December 31, the fund repor...The Motley Fool
Fri, Feb 6
