BitMine plans to raise $300M through preferred stock sale BitMine is seeking to raise up to $300 million through the sale of 3 million preferred shares to support ETH purchases and staking. The shares would carry a $100 stated amount and 9.50% annual dividend. Th
Completion of turnaround may ease India’s fuel supply constraints amid reliance on Russian crude imports. Nayara Energy has finished scheduled maintenance at its 400,000-barrel-per-day Vadinar refinery, resuming operations after a planned shutdown. The refinery, which proc
More than half of bitcoin in circulation is at a loss The number of bitcoin in circulation priced at a loss has exceeded the supply in profit, with 10.5 million tokens underwater compared with 9.8 million BTC in profit. The bitcoin price touched its 200-week moving av
April’s decline in Eurozone retail sales signals weaker consumer demand, pressuring EUR and raising growth concerns. Eurozone retail sales dropped 0.4% in April, exceeding the expected 0.3% contraction. The decline follows a revised 0.8% gain in March, which was sharply hi
Markets now price a 75% chance of a 25bps Fed rate increase to 3.75-4.00% by year-end, bolstering the Dollar. The US Dollar strengthened as markets priced in a 75% probability of a 25bps Federal Reserve rate hike to 3.75-4.00% by year-end. Labor market stability and rising
USD/CAD pares losses near 1.3900 after Israel-Lebanon ceasefire progress eases geopolitical risks, though Fed hike bets cap gains. The Canadian Dollar trimmed losses against the US Dollar on Thursday, rebounding from an eight-week low as optimism over Middle East peace tal
Persistent US-Iran tensions and delayed Strait of Hormuz reopening keep oil prices elevated, supporting the USD despite Bank of Japan rate hike signals. The USD/JPY pair remains bid as geopolitical risks in the Middle East counterbalance hawkish comments from Bank of Japan
Investors price in a June ECB rate increase while weighing potential Bank of Japan currency intervention risks. EUR JPY climbed to 185.85, up 0.12% on Thursday, as markets bet on further European Central Bank tightening. The pair gained amid expectations of a June rate hik
Investors price in a 25-basis-point ECB rate hike for June despite mixed Eurozone economic data and weaker retail sales. EUR/JPY climbed to 185.85, up 0.12% on Thursday, driven by expectations of further European Central Bank tightening. Markets anticipate a 25-basis-point
Liftoff Mobile prices IPO at $23 per share Liftoff Mobile priced its initial public offering of 19M shares at $23 per share, raising $437M in gross proceeds. The pricing came above the previously marketed range of $20-$22 per share. The company's IPO is a si
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
إيميلك يبقى موثّقاً وخصوصيتك محفوظة.