Hut 8, a Bitcoin mining company, has announced the closure of its mining site in Drumheller, Alberta, Canada, citing power disruptions and rising energy costs as significant factors. The decision comes amid escalating energy costs and power disruptions, which are severely impacting the site’s profitability. The Drumheller facility, which currently contributes approximately 1.4% of Hut...
Lake Worth, Florida-based Green Life Farms is recalling one lot of its 4-ounce containers of Baby Arugula citing the potential to be contaminated with Salmonella, according to the U.S Food and Drug Administration. The recall involves the product in a 4-ounce, clear plastic package marked with the lot code #LW15124. The recalled products, with a...
German utility RWE AG reported Thursday sharply lower profit in its fiscal 2023 with weak revenues, while adjusted EBIT and EBITDA, key earnings metrics, were higher. Further, the company announced higher dividend, and said it maintains fiscal 2024 earnings view, but now sees at the lower end of the range. In Germany, RWE shares were...
The Canadian market is down in negative territory in early afternoon trades on Friday, weighed down by losses in communications, real estate, consumer discretionary and materials sectors. The mood is a bit cautious amid a lack of fresh data. Also, traders appear to be somewhat reluctant to hold positions after recent record highs, and are...
The Thai stock market has moved higher in two straight sessions, collecting almost a dozen points or 0.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,365-point plateau although the rally may stall on Thursday. The global forecast for the Asian markets suggests little movement ahead of key U.S....
The South Korea stock market has moved higher in three straight sessions, advancing more than 80 points or 2.8 percent along the way. The KOSPI now rests just above the 2,860-point plateau and it\'s expected to open higher again on Monday. The global forecast for the Asian markets is upbeat on an improved outlook for...
NEW YORK - Perella Weinberg Partners (NASDAQ:PWP), a global advisory firm, announced the pricing of an upsized public offering of 5 million shares of Class A common stock at $12.00 per share. The offering, which is expected to close on March 1, 2024, may expand with an additional 750,000 shares available to the underwriter for...
JAKARTA – The stock performance of PT Nusantara Sejahtera Raya Tbk (CNMA) reportedlyplummeted 18.42% on August 5, 2024, recorded after a year debuting on Indonesia Stock Exchange (IDX). CNMA was closed at IDR 228 per share today (5/8) from the offering price set on August 2, 2024, at IDR 270 per share. Based on IDNFinancials...
Permissionless lending and margin trading protocol OpenLeverage has reportedly fallen victim to multiple hacks draining $230K worth assets. The hacks were flagged by blockchain security Cyvers Alerts on X (Twitter). Per the post, the losses incurred is around $230,000 worth crypto and the attacker’s wallet was funded by Tornado Cash. “Our system has detected the...
French stocks were modestly higher on Monday to extend gains from the previous session after Federal Reserve Chair Jerome Powell signaled imminent interest-rate cuts. The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the evolving outlook and the balance of risks, Powell said at the...