Russian crypto industry chiefs have teamed up with business leaders to create a draft bill that could legalize the nation’s booming mining sector. According to ComNews, Alexander Brazhnikov, the Executive Director of the Russian Association of Cryptocurrency and Blockchain (RACIB), spoke about the bill at a crypto-related event on March 22. Russian Crypto Industry: Time...
JAKARTA -PT Waskita Beton Precast Tbk (WSBP) has paid its cash flow available for debt services (CFADS) phase IV worth IDR 84.57 billion. This obligation payment follows the provisions of Tranche A and B of homologated peace agreement approved by Central Jakarta District Court on September 20, 2022. Fathur Anwar, Director of Finance, Risk Management,...
German sportswear giant adidas AG Wednesday reported a narrower net loss in its fourth quarter amid weak revenues. In fiscal 2023, the company slipped to a loss, reportedly the first loss in 30 years, mainly reflecting Yeezy impact. Further, the company announced stable dividend, and said it sees improved operating profit and sales in fiscal...
While reporting financial results for the second quarter on Wednesday, Griffon Corp. (GFF) raised its revenue expectation for the full-year 2024 to $2.65 billion from the prior guidance of $2.6 billion. On average, five analysts polled by Thomson Reuters expect the company to report revenues of $2.63 billion for the year. Separately, the Board of...
Images by GettyImages; Illustration by Hunter Newton/Bankrate Passive income can be a great way to help you generate extra cash flow, whether you’re running a side hustle or just trying to get a little extra dough each month, especially as the sting of high prices hits consumers hard. Passive income can help you earn more...
French stocks were little changed on Thursday as a survey showed France\'s private sector unexpectedly contracted in May after returning to growth in the previous month. The headline HCOB flash composite output index dropped to 49.1 in May from 50.5 in April. The reading was forecast to climb to 51.0. The reduction in overall activity...
After staying a bit subdued in the European Session, the U.S. dollar moved higher in the New York session on Thursday after data showed an unexpected drop in jobless claims in the week ended September 14th. The jumbo half-a-percentage point interest rate cut announced by the Federal Reserve weighed on greenback a bit and limited...
The Canadian dollar weakened against most major currencies in the Asian session on Tuesday. The Canadian dollar fell to nearly a 3-month low of 1.4751 against the euro and a 4-day low of 1.3599 against the U.S. dollar, from yesterday\'s closing quotes of 1.4731 and 1.3571, respectively. Against the yen, the loonie edged down to...
Matt Hougan, the chief investment officer of Bitwise, has said the recent commitments made by US politicians have made him reconsider his perspective on Bitcoin’s potential. In a blog post on July 31, Hougan wrote that “we’re not bullish enough” following the recent promises by influential US politicians at the Bitcoin conference in Nashville. Politicians...
Crypto-supportive litigator John Deaton is off to a strong start in his bid to displace Massachusetts Senator Elizabeth Warren from her place in Parliament – at least when it comes to fundraising. John Deaton’s Campaign Fundraising As reported by Eleanor Terret of Fox Business, the lawyer-turned-senate hopeful raised $1.36 million for his campaign Q1, compared...