-
Investor to buy Sh500m stake in Transmara’s Angata Sugar Mills
An investor is set to acquire a 40 percent stake in Angata Sugar, which is developing a milling plant at Moiwi in Trans Mara, Narok County, disclosures show. Sources familiar with the deal said Savannah Crest (KE) Limited will pay about Sh500 million for the stake in Angata Sugar, and…
-
Global stocks fall and yen rises as volatility reigns By Reuters
By Harry Robertson LONDON (Reuters) – European shares fell and U.S. stock futures fell on Thursday after choppy sessions in Asia and on Wall Street as investors struggled to find their footing in a turbulent week for markets. The yen and U.S. bonds rose as traders awaited weekly U.S. jobless…
-
Brazilian SEC greenlights first Solana ETF; launch hinges on stock exchange approval
Brazil’s Securities and Exchange Commission has approved the country’s first exchange-traded fund. According to the Brazilian News Agency ExamThe Solana (SOL) ETF will be created by QR Asset and managed by Vortx. Additionally, CF Benchmark’s Solana Dollar Reference Rate Index will serve as a benchmark for the Solana ETF. ??…
-
Ocado launches refillable packaging trial for everyday products
Ocado is pioneering the experience of offering everyday items such as pasta, rice and washing up liquid in refillable packs, the first time an online supermarket has offered such an experience. The initiative will test a reusable container to store food and laundry products at no extra cost to customers.…
-
Ocado launches refillable packaging trial for everyday products
Ocado is pioneering the experience of offering everyday items such as pasta, rice and washing up liquid in refillable packs, the first time an online supermarket has offered such an experience. The initiative will test a reusable container to store food and laundry products at no extra cost to customers.…
-
Yen shorts largely cleared; sell USD/JPY on rallies above 147
Investing.com – The majority of short selling in the yen is likely to be liquidated quickly, according to UBS, which should reduce future volatility. The carry trade on the yen has been a major factor behind much of the market volatility recently, as the Bank of Japan’s decision to raise…
-
Bitcoin ATMs to Face Bank-Level Scrutiny Under New California Law—Here’s Why
California has now joined the global rise of cryptocurrency regulation. According to the latest a reportThe state regulator is working to create new regulatory frameworks targeting Bitcoin ATMs in Chico. according to Data According to Coin ATM Radar, the total number of Bitcoin ATMs in Czechoslovakia is currently around 347,…
-
What the History-Making Elections of 2024 Could Mean for Energy
Breadcrumbs Path Links PMN Business The new government in the UK, political deadlock in France, and dramatic confrontation in the US will have dire consequences for investment and the transition to clean fuels. Article author: Bloomberg News Bloomberg News Published on August 8, 2024 • Read for 5 minutes You…
-
Daily Broad Market Recap – August 7, 2024
Risk aversion returned to financial markets mid-week, but crude oil still managed to make good gains. What’s up with that and how did the rest of the asset classes perform? Here’s a quick summary of the headlines and economic updates that impacted the markets: headlines: China’s trade surplus July: $84.7…
-
Michael Saylor Announces He Owns $1 Billion In Bitcoin Personally
In a recent interview with Bloomberg, Michael Saylor, CEO and co-founder of MicroStrategy, revealed that beyond his company’s holdings, he personally owns at least 17,732 bitcoins, currently valued at about $1 billion. Saylor reiterated his commitment to bitcoin, saying, “I haven’t sold any bitcoins, and I continue to buy more…
-
Tel Aviv light rail construction plagued by delays
Major changes are underway deep inside Tel Aviv’s Ibn Gabirol Street. Tunnel boring machines have passed under the intersection with Nordau Street and reached what will become the Arlozorov station. The Green Line of the Tel Aviv Light Rail will extend from Rishon LeZion in the south via an underground…
-
Crude Oil Technical Analysis – Weak US data weighs on the market
Basic Overview Crude oil prices fell sharply in the latter half of last week as some very weak US data came out, first the ISM manufacturing PMI and then the non-farm payrolls report. The market eventually rebounded on Monday and extended its gains yesterday, with the appointment of a new…
-
XLM Price (Stellar) Surges Along XRP, Can Bulls Push It To $0.12?
Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
-
XLM Price (Stellar) Surges Along XRP, Can Bulls Push It To $0.12?
Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
-
Hanon Systems Develops World’s First 4th Generation Heat Pump System for Electric Vehicles By Investing.com
Reduced package and enhanced performance: This is achieved through bundling.Components of coolers and refrigerants Improve driving rangeThe parallel heat source recovery method utilizes both the waste heat generated by the battery and external air heat sources. Slim HVAC Technology: Increases passenger legroom by reducing the size of the HVAC system…
-
Worst of market selloff might be over but hold on tight, Goldman says By Reuters
SINGAPORE (Reuters) – After a turbulent week in global markets, the worst of the sell-off may be over but investors need to “keep a tight rein on big directional bets for now,” Tony Pasquarello, Goldman Sachs’ global head of hedge fund coverage, said. In a note to clients on Wednesday…
-
Is Donald Trump Jr.’s ‘huge’ announcement a RWA project?
Donald Trump Jr. and Eric Trump, the sons of former US President Donald Trump, have announced a “huge” announcement is imminent, and one analyst says it could be in the real-world asset market. Both Trump Jr. and Eric Trump pointed to a new development in the decentralized finance space, and…
-
Analysis-Slumping US tech stocks tempt some buyers to brave rocky market
By Louis Krauskopf NEW YORK (Reuters) – Investors are cautiously moving back into U.S. technology stocks after a sharp decline, even as some high valuations threaten to punish dip buyers if markets tumble again. After a sharp rally this year, the tech-heavy Nasdaq 100 has fallen more than 13% from…
-
Aussie surges on hawkish RBA, yen strengthens amid BOJ speculation By Investing.com
Most Asian currencies rose on Thursday, with the Australian dollar making strong gains after Reserve Bank of Australia Governor Michelle Bullock said the bank would not hesitate to raise interest rates further to curb inflation. The Japanese yen also rose, steadying after falling in the previous session as data from…
-
CryptoQuant Bitcoin Cycle Indicator Says Bear Market Now On
The Bitcoin Cycle Index from analytics firm CryptoQuant suggests that Bitcoin has transitioned to a bearish phase after the crash. CryptoQuant’s Bitcoin Bull Bear Cycle Indicator is now in negative territory In new mail In X, CryptoQuant’s Head of Research, Julio Moreno, discussed the latest developments in “Bull and Bear…