A 600% rally: How Bitcoin sent this healthcare stock soaring

Kindly MD Inc. (NASDAQ: KDLY) soared over 600% this morning after merging with Nakamoto Holdings, a Bitcoin investment firm founded by David Bailey in early 2025. Bailey is among the key personnel who are serving as crypto advisors to US President Donald Trump. The joint company, whose new name is yet to be announced, has… Continue reading A 600% rally: How Bitcoin sent this healthcare stock soaring

Brazil’s Inter&Co posts 57% jump in Q1 profit

Brazil’s Inter&Co released its results for Q1 2025, during which it recorded a 57% year-on-year increase in net profit. The group posted a net income of 287 million reais (about $56.4 million), excluding minority interests, emphasising the balance between revenue stability driven by strong operational performance and the positive impact of the strategic cost control process. The… Continue reading Brazil’s Inter&Co posts 57% jump in Q1 profit

US stocks open in the green: Dow jumps over 100 points, Nasdaq up 0.6%

US stocks edged higher on Friday as market sentiment improved following President Donald Trump’s comments suggesting progress on multiple trade agreements and a possible reduction in tariffs on Chinese goods ahead of key talks this weekend. The Dow Jones Industrial Average rose 111 points, or 0.3%, while the S&P 500 gained 0.4% and the Nasdaq… Continue reading US stocks open in the green: Dow jumps over 100 points, Nasdaq up 0.6%

India offers 9% tariff cut to fast-track $129 billion US trade deal

India is preparing to cut its average tariff differential with the US by nearly 9 percentage points—bringing it down from 13% to under 4%—in a major step toward securing exemptions from President Donald Trump’s current and potential tariff hikes. The sweeping proposal, not previously reported in full, represents one of New Delhi’s boldest trade liberalisation… Continue reading India offers 9% tariff cut to fast-track $129 billion US trade deal

Panasonic to slash 10,000 jobs in 2025 amid Japan’s economic downturn

Panasonic will lay off 10,000 employees in 2025, targeting 5,000 jobs in Japan and another 5,000 overseas. The Osaka-based group, which employs nearly 230,000 people globally, is restructuring its operations after reporting a 17.5% drop in net profit to ¥366 billion for the year ended March 31. The company expects profit to fall another 15%… Continue reading Panasonic to slash 10,000 jobs in 2025 amid Japan’s economic downturn

CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

CoreWeave, the fast-growing US-based AI data centre company, is planning to raise at least $1.5 billion in fresh debt to refinance a portion of its sizeable liabilities and support further investment, just weeks after a subdued public market debut, the Financial Times reported. The New Jersey-headquartered company is working with JPMorgan on a roadshow this… Continue reading CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

UK’s Crown Estate clears offshore wind expansion to raise energy output

To accelerate the UK’s energy transition and efficiently increase capacity, King Charles III’s Crown Estate, owner of Britain’s seabed, has approved the expansion of high-density wind farms on existing seabed leases. The Capacity Increase Programme aims to add 4.7 gigawatts of capacity through seven projects, according to a Reuters report. These include RWE’s Rampion 2… Continue reading UK’s Crown Estate clears offshore wind expansion to raise energy output

British Airways parent inks $13bn Boeing deal after US-UK trade breakthrough: why it matters

International Airlines Group, the owner of British Airways, has placed a landmark order for 32 long-haul jets from Boeing worth nearly $13bn (£9.8bn), a day after a trade agreement between the UK and US led to the scrapping of tariffs on jet engines. The announcement, made on Friday, comes just a day after the United… Continue reading British Airways parent inks $13bn Boeing deal after US-UK trade breakthrough: why it matters

From Bunge’s Viterra deal to Shein’s IPO: US-China trade war derails major cross-border deals

Trade tensions between the United States and China are throwing a spanner in billions of dollars worth of acquisitions and initial public offerings, dealing a fresh blow to a dealmaking market that was already slow to recover this year. Prevailing tensions between the two nations have reportedly stalled Bunge Global SA’s $8.2 billion acquisition of… Continue reading From Bunge’s Viterra deal to Shein’s IPO: US-China trade war derails major cross-border deals