On Monday, PayPal Holdings, Inc. (NASDAQ: PYPL) witnessed a more than 2% increase in its shares, adding to the gains it had made in the previous month. Key highlights include the announcement made in June regarding the acquisition of up to €40 billion ($43.6 billion) worth of buy now, pay later (BNPL) loan receivables originated…
Gold prices and the gold mining sector in 2023 reveal intriguing insights. While the SPDR Gold Trust (NYSE:GLD) grew modestly by 5%, it underperformed the equity asset class. In contrast, the SPDR S&P 500 ETF Trust (NYSE:SPY) surged by 16%, and the Invesco QQQ Trust Series 1 (NASDAQ:QQQ) astonishingly soared by 38%. Gold mining stocks…
WASHINGTON (Reuters) -The U.S. State Department has approved the sale of F-35 fighter jets, munitions and related equipment to the Czech Republic in a deal valued at up to $5.62 billion, the Pentagon said on Thursday. The Pentagon’s Defense Security Cooperation Agency notified Congress of the possible sale on Thursday. The principal contractors will be…
By Daphne Psaledakis and Humeyra Pamuk WASHINGTON (Reuters) – The United States on Thursday said it condemned the burning of a Koran outside a mosque in Sweden, but added that issuing the permit for the demonstration supported freedom of expression and was not an endorsement of the action. A man tore up and burned a…
(Reuters) -The Chinese spy balloon that passed over the U.S. early this year used American technology that helped it collect audio-visual information, the Wall Street Journal reported on Wednesday, citing preliminary findings from a closely held investigation. Analysis from several US defense and intelligence agencies, found that the balloon carried commercially available U.S. gear, along…
(Reuters) -Power use in Texas will break records next week as homes and businesses crank up their air conditioners to escape the first heat wave of the 2023 summer season, the state’s power grid operator projected on Friday. The Electric Reliability Council of Texas (ERCOT), which operates the grid for more than 26 million customers…
Mining companies have been an integral part of the global economy for centuries. The process of extracting valuable minerals or other geological materials from the Earth has shaped civilizations and continues to drive economic growth. We will focus on some of the most profitable publicly listed mining companies globally, examining their business models, the commodities…
MEXICO CITY (Reuters) -Migrant encounters at the U.S.-Mexico border have dropped 70% since COVID-era border restrictions ended last week, U.S. Homeland Security official Blas Nunez-Neto said on Friday. U.S. officials on Sunday had said the number had fallen by half, following the May 11 expiration of a health order called Title 42 that allowed U.S….
By Erwin Seba TEXAS CITY, Texas (Reuters) -One Marathon Petroleum worker died on Monday and two others were hospitalized in a fire at the company’s Galveston Bay Refinery in Texas City, Texas, said people familiar with the matter. The blaze broke out about 9:30 a.m. CDT (1430 GMT) and was extinguished within four hours, according…
