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GeoPark reports robust Q2 financials, eyes expansion By Investing.com
GeoPark Limited (NYSE: NYSE:) has delivered a strong financial performance in the second quarter of 2024, with significant revenue growth and a solid increase in adjusted EBITDA. The company reported a 14% increase in revenue to $190 million and a 15% rise in adjusted EBITDA to $128 million. Despite the…
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Dogecoin Remains Firmly Ahead Of Shiba Inu In This Metric
The cryptocurrency sector, led by Dogecoin and Shiba Inu, has seen a series of ups and downs over the past six months. These ups and downs have been highlighted by volatility, which is known as meme coins. Most of these cryptocurrencies have shown similar price movements; hence, their holders have…
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Dogecoin Remains Firmly Ahead Of Shiba Inu In This Metric
The cryptocurrency sector, led by Dogecoin and Shiba Inu, has seen a series of ups and downs over the past six months. These ups and downs have been highlighted by volatility, which is known as meme coins. Most of these cryptocurrencies have shown similar price movements; hence, their holders have…
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Ode to Margaretta wa Gacheru: Artistes eulogise journalist as a careers-builder, mentor
The Kenyan arts and theatre scene raises a glass – and perhaps a paintbrush – to celebrate the life and work of Margarita wa Gacheru. Margarita’s name is synonymous with the evolution of artistic narrative in Kenya. As a writer, her pen had as much influence on the art world…
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Dollar hands back some gains; Jackson Hole looms large By Investing.com
Investing.com – The U.S. dollar fell on Friday, giving up some of the previous session’s big gains after strong retail sales data eased concerns about an impending recession in the United States. At 05:15 ET (09:15 GMT), the dollar index, which tracks the greenback against a basket of six other…
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South Korean Pension Fund Buys $34 Million in MicroStrategy Shares
South Korea’s National Pension Service (NPS) has bought $34 million worth of shares in MicroStrategy, a business intelligence firm that has raised billions of dollars in Bitcoin. BREAKING: ?? South Korea’s pension fund announces $34 million purchase of MicroStrategy shares. pic.twitter.com/Sg5cRAkjzZ — Bitcoin Magazine (@BitcoinMagazine) August 16, 2024 According to…
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Rayner signals potential delays to key employment reforms
Angela Rayner has indicated that some elements of her planned reform of workers’ rights could be delayed, in a setback for union leaders. At a key meeting at the Cabinet Office in Whitehall, the deputy prime minister told union and business lobby representatives that “not everything” initially proposed would be…
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Rayner signals potential delays to key employment reforms
Angela Rayner has indicated that some elements of her planned reform of workers’ rights could be delayed, in a setback for union leaders. At a key meeting at the Cabinet Office in Whitehall, the deputy prime minister told union and business lobby representatives that “not everything” initially proposed would be…
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Chart Art: Silver (XAG/USD) Approaching an Area of Interest
Precious metals have been experiencing sharp fluctuations as the market mood continues to change these days. What’s next for silver as it prepares to test the previous support area? Silver (XAG/USD) Daily Chart by TradingView Risk-on flows since early last week have kept silver below the $30,000 support area, which…
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Is Ethereum Poised for Inflation? Supply Reaches New High as Staking Takes Off
While Ethereum has not been completely consistent in its upward trajectory over the past few weeks, its circulating supply has done the opposite. According to Data From Ultrasoundmoney, the circulating supply of ETH has increased to over 120.72 million ETH as of today. While this increase in supply is not…
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Is Ethereum Poised for Inflation? Supply Reaches New High as Staking Takes Off
While Ethereum has not been completely consistent in its upward trajectory over the past few weeks, its circulating supply has done the opposite. According to Data From Ultrasoundmoney, the circulating supply of ETH has increased to over 120.72 million ETH as of today. While this increase in supply is not…
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HSBC’s Play for Mideast Wealth Marred by Exits, Regulatory Curbs
Breadcrumb Trail Links PMN Business At HSBC Holdings Plc, a star hire who was supposed to reinvigorate the firm’s private banking business in the Middle East is facing a reality check. Author of the article: Bloomberg News Archana Narayanan, Dinesh Nair and Ben Stupples Published Aug 16, 2024 • 7…
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EURUSD Technical Analysis – The risk-on sentiment weighs on the US Dollar
Basic Overview Yesterday, we saw strong data from the US, with unemployment claims and retail sales figures coming in much better than expected. The initial reaction was bullish for the US dollar, but after a while the market started to fade this move. The reason for this is that risk…
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FTM secures top gainer spot with 8% jump, but market signals caution ahead
Fantom, a scalable blockchain platform for DeFi, surged 8% in value on the morning of August 16, making it the best performer in the cryptocurrency market. At the time of writing, Fantom (FTM) is still up 8%, trading at $0.393 per coin, according to crypto.news data. The crypto asset’s daily…
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FTM secures top gainer spot with 8% jump, but market signals caution ahead
Fantom, a scalable blockchain platform for DeFi, surged 8% in value on the morning of August 16, making it the best performer in the cryptocurrency market. At the time of writing, Fantom (FTM) is still up 8%, trading at $0.393 per coin, according to crypto.news data. The crypto asset’s daily…
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Staycations boost Israeli hotel occupancy as prices soar
The long summer vacation is upon us, and many Israelis are choosing to spend their vacations at home rather than abroad, amid the national mood, reluctance to travel abroad due to the war, and uncertainty about air travel as many foreign airlines cancel flights. There may be no foreign tourists…
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Exclusive-Deutsche Bank’s proposed Postbank case settlement offer rejected by plaintiffs By Reuters
By Tom Sims FRANKFURT (Reuters) – Deutsche Bank has made a settlement offer to shareholders suing Germany’s largest lender over unpaid fees for its acquisition of Postbank, the plaintiffs’ lawyer said on Friday. Lawyer Jan Bayer (OTC:) dismissed the bank’s offer as “crazy” and “dead from the moment it arrived.”…
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Key Requirement For Solana’s Path To A $500 Milestone Amid Market Volatility
The entire cryptocurrency market may be witnessing bearish sentiments, however, optimism for Solana appears to have increased overall as many crypto analysts are predicting a massive rally for SOL in the coming months. Amidst the growing optimism for Solana, market strategist and trader, Curbo, delves into Solana’s recent price action…
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steady at $58k, lags broader market recovery By Investing.com
Bitcoin fell slightly on Friday and was set to post a middling weekly performance as crypto markets saw a lag in the recovery in equities on concerns over further token distributions by Mt Gox and an unclear regulatory outlook. The cryptocurrency was down 0.1% at $58,238.5 by 01:46 ET (05:46…
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Asia FX firms as rate cut bets pressure dollar; Japanese yen lags By Investing.com
Most Asian currencies rose on Friday as continued bets on a U.S. interest rate cut put the dollar on track for a fourth straight week in the red, while the Japanese yen fell further amid improved risk sentiment. While the dollar rose from its lowest in nearly seven months on…