Franklin Templeton files for Solana ETF as crypto interest expands beyond bitcoin
(Reuters) – Franklin Templeton filed for an exchange-traded fund on Friday that will track the spot price of Solana, reflecting…
Category: Business
Rivian forecasts modest gross profit; shares rise
By Akash Sriram (Reuters) -Rivian forecast modest gross profit this year, after reporting its first-ever positive earnings margin in the…
Billionaire investor Ryan Cohen boosts stake in Alibaba to $1 billion, WSJ reports
(Reuters) -Billionaire investor Ryan Cohen has grown his personal stake in Chinese e-commerce giant Alibaba Group to roughly $1 billion…
Amazon to stop support for communications service Chime next year
(Reuters) – Amazon said it would stop support for its unified communications service, Chime, next year and will not accept…
Exxon plans large-scale gas project in oil-dominated Guyana
By Marianna Parraga and Kemol King GEORGETOWN (Reuters) – U.S. oil major Exxon Mobil is planning to increase natural gas…
BlackRock pauses corporate meetings in wake of new ESG rules
(Reuters) – BlackRock has temporarily paused meetings with some portfolio companies while studying the impact of new reporting rules from…
Microsoft to invest $700 million to boost Poland’s cybersecurity
WARSAW (Reuters) -Microsoft plans to invest an additional 700 million dollars in Poland to improve Polish cybersecurity in cooperation with…
Crypto scams likely set new record in 2024 helped by AI, Chainalysis says
By Lisa Pauline Mattackal (Reuters) – The rise of “pig butchering” scams and the increasing use of generative artificial intelligence…
Silver catches a lift from gold’s bull run to eye 10-year peak
By Brijesh Patel and Daksh Grover (Reuters) – Silver prices hit their highest since late October on Friday, latching on…
Banks sell down more X debt; just $1.3 billion now left on their books
By Shankar Ramakrishnan (Reuters) -Banks led by Morgan Stanley have sold to investors another chunky portion of loans that formed…