Category: Eyes
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Volvo is moving EV production from China to Belgium as the EU eyes tariffs on Beijing
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Volvo Cars has begun shifting manufacturing of Chinese-made electric cars to Belgium, as the European Union prepares to impose tariffs on electric cars made in China, The Times reported. In addition to moving production of the Volvo EX30 and EX90 models to Belgium, the automaker may also move assembly of…
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Suzano eyes debt financing for potential International Paper deal
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Investing.com – Brazilian pulp and paper giant Suzano (BCBA:) is reportedly looking to raise up to $19 billion in debt to acquire International Paper (NYSE:), according to Bloomberg. Jefferies analysts expect a potential all-cash offer for the IP in the range of $54-57 per share, a figure consistent with previous…
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Rupee Revolution? India’s UPI Eyes International Expansion
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Let us forget the fading dream of a cashless society – a cashless society seems equally unlikely. But for India, the way tea, or any other good or service, is paid for is undergoing a digital revolution. The Unified Payments Interface (UPI), a mobile app-based system, has become the preferred…
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Shelter Afrique eyes capital boost as a development bank
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African housing financier Shelter Africa is looking for institutional investors to bolster its capital position after rebranding as a development bank last year, which allowed it to gain an additional class of investors. A review of the bank’s articles of association by its shareholders to upgrade it to a development…
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Rootstock Bitcoin L2 eyes further Latin American expansion
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Speaking at Money 20/20 in Amsterdam, Rootstock Labs’ Ricardo Castro highlighted the Bitcoin Layer-2 protocol’s focus on providing global access to decentralized finance (DeFi), especially in emerging markets. Bitcoin (BTC) and Ethereum (ETH) are the two largest decentralized networks out there, each with unique strengths. BTC is known for its…
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This Frog-Themed Meme Coin Eyes a New ATH After a 30% Daily Surge: Details
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Turkish lire; Dr A frog-themed meme that has been growing in popularity saw a 30% rise on a 24-hour basis, approaching a new all-time high. However, PEPE remains the largest asset of this type, with a market capitalization of more than $6 billion. The rise of Pepe’s rival The meme…
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Reservoir Media reports record revenue, eyes M&A growth By Investing.com
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Reservoir Media (RSVR) announced robust financial performance for the fourth quarter and full fiscal year 2024, achieving record-setting total revenue and operating income. The company witnessed an 18% year-over-year increase in revenue for the fiscal year, with its music publishing and recorded music segments growing by 15% and 22% respectively.…
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Russia’s Tatarstan eyes building $100m Bitcoin mining center
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Fintech company Innopolis Tech, controlled by Russia’s former communications minister, is set to build Russia’s largest bitcoin mining center worth about $100 million. The Republic of Tatarstan is preparing to build the largest Bitcoin mining infrastructure in Russia with an investment value of about $100 million, according to… Local news…
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Russia’s Tatarstan eyes building $100m Bitcoin mining center
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Fintech company Innopolis Tech, controlled by Russia’s former communications minister, is set to build Russia’s largest bitcoin mining center worth about $100 million. The Republic of Tatarstan is preparing to build the largest Bitcoin mining infrastructure in Russia with an investment value of about $100 million, according to… Local news…
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Dollar rebounds as equities dip, eyes on Treasury auctions By Investing.com
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Investing.com – On Wednesday, the DXY index rose past the 105 mark. This move sparked debates among market watchers about whether this signifies the beginning of a new upward trend or is merely a continuation of range trading amid a period of low volatility. The recent pattern of weak results…
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Aurobindo Pharma Outperforms Expectations with Strong Q4, Eyes Robust Growth Ahead By Investing.com
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Aurobindo Pharma (NS:) outperformed expectations in 4QFY24, with both sales and EBITDA showing significant year-on-year growth. Sales rose 17%, while EBITDA rose an impressive 68%, beating Goldman Sachs (NYSE:) expectations and those of the broader market. This strong performance was driven by strong growth in key geographic markets, both developed…
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UNI Price Prediction – Uniswap Turns Green and Eyes More Upsides
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UNI price started a good increase above the $10.00 resistance level. Uniswap is showing positive signs and may be eyeing further advances above the $11.75 resistance level. UNI started a new rally above the $10.00 resistance area. The price is trading above the $11.00 level and the 100 hourly simple…
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UNI Price Prediction – Uniswap Turns Green and Eyes More Upsides
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UNI price started a good increase above the $10.00 resistance level. Uniswap is showing positive signs and may be eyeing further advances above the $11.75 resistance level. UNI started a new rally above the $10.00 resistance area. The price is trading above the $11.00 level and the 100 hourly simple…
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Litecoin eyes $90 mark, analyst predicts inflows in Monero and Akash contender
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Disclosure: This article does not constitute investment advice. The content and materials contained on this page are for educational purposes only. While it is making waves in the Web3 crowdfunding space, it is positioning itself as a competitor to Akash and Monero. Thanks to increased whale activity, Litecoin (LTC) saw…
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Hong Kong Eyes Ether ETF Staking to Outpace US
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Hong Kong is considering allowing exchange-traded funds (ETFs) to invest directly in ether. Hong Kong’s Securities and Futures Commission (SFC) is engaging the city’s cryptocurrency ETF issuers on offering staking services through licensed platforms, the Business Times reported. Passive encoder input This potential regulatory change could open up a new…
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Bitcoin Eyes Repeat Performance, Could Hit $140,000 By August
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Recent Bitcoin analyzes and forecasts from leading experts highlight the likely path of the price of the top crypto assets in the coming months, with an eye on 2024 and beyond. Related reading Market insights and price forecasts for Bitcoin As the cryptocurrency community eagerly awaits the future of Bitcoin,…
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Asia-Pacific markets in red as traders digest RBA May policy minutes; eyes on FOMC minutes
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Samxmeg/iStock via Getty Images Japan (NKY:IND) -0.31%. Investors are also looking forward to a series of economic reports in Japan this week, including trade, inflation and business activity data. China (SHCOMP) -0.57%. Hong Kong (HSI) -2.12%. India (SENSEX) -0.08%. Australia (AS51) -0.18%. Minutes of the RBA’s latest meeting showed the…
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Drone startup Neros raises funding from Sequoia, eyes supplies to Ukraine, US military By Reuters
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By Crystal Ho (Reuters) – Niros, a self-driving drone startup founded about a year ago, said it has raised $10.9 million in a seed round from Sequoia Capital to build a new factory and manufacture more drones for sale to Ukraine. Niros joins a string of US drone companies trying…
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Alpha Bank posts record profit since 2007, eyes dividend resumption By Investing.com
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Alpha Services and Holdings, the parent company of Alpha Bank (ALPHA.AT), reported a robust first-quarter profit of €211 million for 2024, marking the highest earnings the bank has achieved since the third quarter of 2007. The bank has expressed confidence in its full-year outlook, expecting to maintain strong performance with…
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Memecoin Eyes New Highs as OI Soars
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Floki Inu (FLOKI), a memecoin inspired by the Shiba Inu, has stepped into the spotlight with an increase in trading activity and a nearly 20% price increase in the past week. However, experts warn that these “minis” may be short-lived, fueled more by hype than solid fundamentals. Related reading Open…