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In brief Bitcoin ETFs experienced $1.2 billion in redemptions over three days as investors took profits at all-time highs, while Ethereum ETFs saw their 12th consecutive day of inflows totaling $634 million. Publicly traded SharpLink Gaming raised $425 million to launch an Ethereum treasury reserve, and its stock price has surged albeit with substantial volatility. Analysts attribute Ethereum's momentum to growing institutional interest and renewed confidence in the network's roadmap, with promises of 10x scaling improvements in the coming year. Bitcoin ETF redemptions have surpassed $1.2 billion over the past...

Business owners in Montgomery County have a new incentive program available which will provide long-term loans to commercial property owners for upgrading to energy- and water-conserving infrastructure.The detailsAs previously reported by Community Impact, the Property Assessed Clean Energy Program was brought before Montgomery County commissioners in March, and it allows commercial property owners to apply for long-term loans to upgrade energy and water infrastructure such as:Heating, ventilation and air conditioning systemsLED lightingInsulationLow-flow bathroom fixturesThe proposal was brought forward by Lee McCormick, founder and president of Lone Star PACE–an organization which...

This “should be the last word in a long-running challenge to the judgment of the fiduciaries of Intel Corporation’s retirement savings plans for including private fund investment alternatives in those plans,” according to attorneys Debevoise & Plimpton. “The key takeaway from the courts’ rulings in this litigation, and the correct answer under ERISA’s fiduciary construct, is that there is no one-size-fits-all approach to asset allocation or investment options that can be made available in participant-directed defined contribution plans.”Winston R. Anderson, a former Intel employee, and some of his former co-workers...

The Rule Symposium, one of the resource and commodity sector’s most prestigious, annual investing education events, will be held in Boca Raton, Florida July 7-11, 2025.  The Symposium draws a global mix of investors, thought leaders, and executives seeking actionable insights in resources and commodities.With a 52-hour program over four days, elite speakers will include Rob McEwen and Randy Smallwood, both of whom have built multibillion-dollar resource companies.   Staking a ClaimLittle did those early prospectors know, that the backbreaking hardships and dire risks they endured during the early gold rushes...

European Union flags flap in the wind outside of EU headquarters in Brussels (AP) BRUSSELS: Climate investments in the 27-nation EU are still far below what is needed to transition away from fossil fuels, a new report warned Tuesday, spotlighting lagging investments in wind power and building renovation.After a stretch of sustained growth, public and private investments in key climate-related sectors, energy, buildings, transport and clean-tech manufacturing, have been flatlining in recent years, said the report by the Institute for Climate Economics (I4CE). Between 2022 and 2023, EU-wide investments grew...

INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Viatris Inc. of Class Action Lawsuit and Upcoming Deadlines - VTRS INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Viatris Inc. of Class Action Lawsuit and Upcoming Deadlines - VTRS PR Newswire NEW YORK, June 1, 2025 NEW YORK, June 1, 2025 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Viatris, Inc. ("Viatris" or the "Company") (NASDAQ: VTRS).  Such investors are advised to contact Danielle Peyton at...

Japan, South Korea, and the Chinese-Filipino community have raised concerns with the Marcos administration regarding kidnappings, robberies, and other crimes As many businessmen await how the US-China tariff negotiations play out, economists are one in saying that if the trade war persists, the Philippines stands to benefit from it.  Exporters who may be hit by high US tariffs are already assessing countries or territories where they may have to relocate if US President Donald Trump’s high-tariff regime is upheld by courts, which will mean more expensive imported goods for those...

Addressing the company shareholders, Suresh Narayanan, Chairman and Managing Director, Nestle India, during the company’s 66th Annual General Meeting, talked about the company’s investment, growth, innovation and expansion, over the years. “We made the right investments— not just in assets, but in ideas and people. And we made responsible choices – choices that honored our values, sustained our growth,” he said.  Suresh Narayanan will retire as chairman and managing director of the company with effect from the close of business hours on 31st July 2025. Further, on the recommendation of...

XAI Corp., the artificial intelligence startup founded by Elon Musk, is arranging a $5 billion debt sale that will help the company to keep up its lavish spending on data center infrastructure as it strives to keep pace with rivals such as OpenAI and Google LLC. The debt sale was first reported today by Bloomberg, which cited anonymous sources as saying that Morgan Stanley is marketing the deal. It came as the Financial Times separately reported today that Musk is looking to sell $300 million of xAI’s shares in a...

Alka Trading, one of Romania’s leading snack producers, has allocated an investment budget of RON 98 million (EUR 20 million) for 2025, marking a twofold increase over the previous year, the company told Ziarul Financiar for the upcoming 20th edition of The Biggest Players in the Economy yearbook. According to Ady Hirsch, Chief Executive Officer of Alka Group, the primary focus of this year’s investment is the expansion of production capacities. Secondary priorities include infrastructure upgrades and digitalisation projects across the company’s operations. Founded by the Krenzia family, Alka operates...