Lifeway Foods has cancelled a controversial shareholder rights' plan days before an investor meeting will vote on the make-up of the company's board. The so-called 'poison pill' measure, in place since 2024, was abandoned in the wake of proxy advisory firm Institutional Sh
WASHINGTON, June 9 U.S. existing home sales increased more than expected in May, though rising mortgage rates and still-tight inventory remain a challenge for the housing market. Home sales jumped 3.2% last month to a seasonally adjusted annual rate of 4.170 million units,
Blockchain projects accelerate regulatory coordination after legal actions and technical vulnerabilities heighten scrutiny on privacy features. Sui and StarkWare are implementing compliance-ready confidential transfer tools amid rising regulatory pressure on privacy-focuse
May existing home sales reached 4.17 million, marking a 3.2% annual increase despite elevated mortgage rates and economic uncertainty. Existing home sales in the US climbed 3.2% year-over-year in May to a seasonally adjusted annual rate of 4.17 million, matching the month-
S&P 500 futures gain 0.5% as investors bet on a Hormuz resolution and AI-driven semiconductor strength ahead of market open. US equity futures extended gains in premarket trading, with the S&P 500 up 40 points or 0.5% and the Nasdaq rising 258 points. Optimism stemmed from
Investors shift focus to potential de-escalation in Iran-Israel tensions, reducing demand for the safe-haven dollar ahead of key U.S. inflation data. The U.S. dollar declined on Tuesday as optimism over a potential truce between Iran and Israel overshadowed expectations of
The UK government has announced a £1.1bn ($1.47bn) plan to grow domestic AI computing capabilities, including investment in a new national supercomputer and financial support for British semiconductor firms. The announcement was made at London Tech Week on 8 June by Techno
Silver (SI=F) July futures opened at $68.32 per ounce on Tuesday, 0.4% lower than Monday's closing price, but higher than yesterday's open. The price of silver is steady in early trading at $68.45 per ounce as of 7:03 a.m ET. Much like gold prices, the opening silve
The contract aims to enhance production efficiency at BP’s Thunder Horse field in the Gulf of Mexico using standardized subsea solutions. BP has awarded SLB OneSubsea a contract to supply a subsea boosting system for the Thunder Horse project in the Gulf of Mexico. The agr
Brent crude drops $1.55 to $92.70 after both nations pause attacks, erasing Monday’s 5% gain amid supply concerns. Oil prices fell sharply on Tuesday, reversing most of the previous session’s rally after Iran and Israel halted attacks following a U.S. appeal. Brent crude d
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