Author: franperez66q@protonmail.com
Circle Internet Group has raised $222 million in the presale of Arc, the native token of its new blockchain, as the company looks to expand beyond its core business of issuing the USDC stablecoin, CNBC has learned.Andreessen Horowitz served as the lead investor in the raise with a $75 million investment. Other investors include BlackRock, Apollo Funds, New York Stock Exchange parent Intercontinental Exchange, SBI Group, Janus Henderson Investors, Standard Chartered Ventures, General Catalyst, Marshall Wace, ARK Invest, IDG Capital, Haun Ventures and the crypto exchange and CoinDesk owner Bullish.The raise gives Arc a fully diluted network valuation of $3 billion.”[Blockchain]…
Analysis-Spirit’s exit lifts airfares, but budget model remains under pressure Source link
TOPSHOT – A Super Mario character is pictured at a Nintendo display ahead of the launch of the company’s Switch 2 console, an electronics store in the city of Nagoya, Aichi prefecture on June 2, 2025.Richard A. Brooks | Afp | Getty ImagesNintendo shares plunged on Monday after the gaming giant warned sales of its flagship Switch 2 console would fall this fiscal year and after hiking the price of the device due to rising memory costs. Shares of Nintendo closed 8.4% lower in Tokyo, Japan to 7,020 yen, the lowest since August 2024. The stock has fallen 34% this…
Watch hereBritish Prime Minister Keir Starmer is expected to vow to “face up to the big challenges” facing the U.K. in a make-or-break speech on Monday, amid mounting pressure on his leadership.Starmer is set to cite growth, national defense, the U.K.’s relationship with Europe and energy needs as key issues that must be tackled urgently, as he tries to convince Labour Party colleagues to keep him in the job. “To meet the challenges that our country faces, incremental change won’t cut it,” he will say, according to excerpts of the speech pre-released by the government.The speech comes after the ruling…
Investing.com — is selling a 5% stake in to Aspex Management, the German food delivery company’s second-largest shareholder, which has been pressing its chief executive to divest more assets or step down. The transaction is part of commitments Prosus made to the European Commission last August, when it agreed to sell down most of its 27% Delivery Hero holding as a condition for winning approval of its takeover of Just Eat Takeaway.com. EU antitrust regulators require Prosus to reduce its stake to below 10% by late summer. Shares in Delivery Hero jumped 7.2% following the news. The deal is priced…
EU alignment, welfare cuts, energy independence – here is a full rundown of the government’s planned new laws. Source link
South Korea condemns attack on cargo ship in Strait of Hormuz, vows response Source link
Narendra Modi, India’s prime minister, speaks during a joint press statement with Lawrence Wong, Singapore’s prime minister, not pictured, at Hyderabad House in New Delhi, India, on Thursday, Sep. 4, 2025.Prakash Singh | Bloomberg | Getty Images Indian Prime Minister Narendra Modi on Sunday urged citizens to curb fuel use, reduce overseas travel, and pause gold purchases, underscoring the severe impact of the Iran war on the economy.Global fuel costs have surged, Modi said in a public address in the southern city of Hyderabad, appealing to Indians to use public transport, work from home, and carpool to conserve fuel.India is…
China auto sales drop in April, exports surge Source link
Traders work on the floor of the New York Stock Exchange (NYSE) on May 6, 2026 in New York City. Spencer Platt | Getty ImagesLONDON — European stocks are expected to open in mixed territory on Monday as investors digest the latest impasse in peace negotiations between the U.S. and Iran. The U.K.’s FTSE index is seen opening 0.15% higher, with Germany’s DAX and France’s CAC 40 flat, and Italy’s FTSE MIB down 0.13%, according to data from IG.Global markets will start the new trading week on a fragile note after U.S. President Donald Trump declared Iran’s counterproposal to end the…