European stocks were broadly higher on Friday after strong U.S. GDP data boosted hopes of a soft landing for the world\'s largest economy and paved the way for the Federal Reserve to cut interest rates soon. Earlier this week, a former Fed hawk said waiting for September to cut rates \"unnecessarily increases the risk\" of...
JAKARTA. Perusahaan Listrik Negara (Persero) or PLN, posted a net profit of IDR 4.99 trillion in the first semester (1H) 2024, down 80.7% year-on-year (yoy) or from the same period last year. In fact, from the top-line side, PLNs business revenue grew positively by 11.7% to IDR 262.06 trillion in 1H 2024. In the same...
The euro was higher against its major counterparts in the European session on Wednesday, as investors cheered inflation data out of U.K and Eurozone. U.K. consumer price inflation rose by less than expected to 3.2 percent in March from 3.4 percent in February, making it likely that the Bank of England will lower its key...
Russia’s Sovereign Wealth Fund is channeling investments into Bitcoin mining across BRICS nations, aiming to facilitate global trade settlements in Bitcoin. The concentration of mining within the BRICS nations may lead to network centralization, a potential risk for Bitcoin’s decentralized ethos. Russia’s Sovereign Wealth Fund has made a decisive move to invest in Bitcoin mining across...
Indian shares fluctuated before ending little changed on Tuesday as signs of escalating Middle East tensions offset expectations for more U.S. rate cuts and Chinas stimulus announcements. Oil prices jumped more than 2 percent in European trade after Israel launched its biggest aerial offensive against Iran-backed Shite militant group Hezbollah. Israels military said today it...
Natera, Inc. (NASDAQ:NTRA) CEO and President Steven Leonard Chapman engaged in significant stock transactions on March 15, 2024, as disclosed in a recent filing. The transactions included both acquiring and disposing of shares in the medical laboratories services provider. Chapman exercised options to acquire a total of 68,270 shares of common stock, with prices ranging...
Asian stock markets are mostly higher in thin trading on Friday when most of the markets are on Good Friday holiday, following the mixed cues from Wall Street overnight, as traders were reluctant to make significant moves ahead of the release of US inflation data later in the day that could impact the outlook for...
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Netflix Inc. shares gained around 2 percent, reaching its highest value in three years, after the streaming video giant disclosed more than 150 percent increase in upfront ad sales commitments in 2024 compared to 2023, in line with expectations. In a statement, the Los Gatos, California-based company said it closed deals with all major holding...
Toronto-based digital asset company DeFi Technologies is set to launch a validator node on Core Chain and stake nearly $100 million in Bitcoin (BTC). Through its subsidiary Valour, DeFi Technologies will not only validate transactions but also receive staking rewards for its participation, the firm said in a Tuesday press release. The staking process will...