(NBS) China’s purchasing managers’ index, gauging manufacturing activity, was recorded at 49.6 in May, signaling a contraction for another month. The contraction was better than the feared index of 48.0%.…
(Borr Drilling) Shares of Borr Drilling Limited rose more than 9% in premarket on Tuesday after announcing a preliminary operating revenue of $82.0 million in the first quarter of 2022.…
(Twitter) US crude futures dated July rose more than 3.50% on Tuesday to reach $119.12, leading gains in oil markets after EU leaders agreed to ban 90% of Russian crude.…
(Bloomberg) London’s market watchdog is seeking to put an end to premium and standard listings to revive declining initial public offerings. The regulator is reportedly seeking to create a single…
(Eastmoney.com) China’s Shenzhen district is reportedly working with banks to airdrop 30 million digital yuan to support the local economy battered by lockdowns. The digital version of the Chinese currency…
(Destatis) Germany’s harmonized index of consumer prices rose by 8.7% in May from the prior year, marking the highest consumer prices since the winter of 1973/1974. The inflation was higher…
(FT) The international oil benchmark, Brent crude, rose to a two-month high of $120.50 a barrel on Monday as markets warmed up for bottlenecks in the supply of the commodity.…
(Bitcoin Visuals) Capacity on the Bitcoin Lightning Network reached a record 3,915.776 BTC, illustrating a growing desire for faster transaction speeds at a lower cost. The Bitcoin Lightning Network is…
(MarketWatch) Shares of Countryside Properties soared more than 20% in premarket on Monday after Inclusive Capital Partners’ bid to acquire the company at 295 pence. At the offer price, the…
(European Commission) The Economic Sentiment Indicator was recorded at 105.0 in the euro area in May, a marginal gain of 0.1 points. The sentiment was down slightly by 0.5 points…
(HPC) Hewlett Packard Enterprise and SiPearl have partnered to accelerate the adoption of exascale computing systems in Europe. The companies are expected to jointly develop an end-to-end supercomputing technology combining…
(Bloomberg) Crypto bears are circling on the $748 million ProShares Bitcoin Strategy ETF, with short interest almost 11%. The short interest is nearly the highest since the fund was launched…