Business

Crypto firms prepare defenses as quantum threat to encryption draws nearer

Wednesday, July 8 by SRN News

By Hannah Lang NEW YORK, July 8 (Reuters) - The cryptocurrency industry is starting to prepare for the threat of quantum computing as recent advances fuel concerns that the technology could soon be able to crack the cryptography that protects transactions and digital wallets. Quantum... Read More.

Apple to spend $30 billion in Broadcom chips deal that will see Colorado factory expand

Wednesday, July 8 by SRN News

By Stephen Nellis SAN FRANCISCO, July 8 (Reuters) - Apple plans to spend more than $30 billion as part of a chip-supply agreement reached earlier this week with Broadcom that will also see the chipmaker expand a factory in Colorado, the companies said on Wednesday. Broadcom... Read More.

Bayer seeks to end federal Roundup litigation after Supreme Court win

Wednesday, July 8 by SRN News

By Dietrich Knauth NEW YORK, July 8 (Reuters) - Bayer on Thursday will try to convince a federal judge to dismantle the federal litigation that consolidates nearly 4,000 lawsuits alleging that its Roundup weedkiller causes cancer, seeking to build on a recent legal victory at... Read More.

Fed minutes due as analysts debate whether Warsh will curtail them

Wednesday, July 8 by SRN News

July 8 (Reuters) - A critical readout on Wednesday of the first Federal Reserve policy meeting overseen by Chairman Kevin Warsh may offer greater insight into the "family fight" the new central bank leader said unfolded over two days last month as officials opted... Read More.

Polymarket is in a high-stakes race to win back trust as it recommits to the US market

Wednesday, July 8 by SRN News

NEW YORK (AP) - After four years in exile, the prediction market platform Polymarket has begun a well-funded campaign to sell a new version of itself to the American public. To do so, the company is trying to convince policymakers, regulators, the public and... Read More.

Trump covets Greenland for its location. Here’s why

Wednesday, July 8 by SRN News

Location, location, location: Greenland's position above the Arctic Circle makes the world's largest island a key part of security strategy. Increasing international tensions, global warming and the changing world economy have put Greenland at the heart of the debate over global trade and security, and... Read More.

Japan’s ruling party plans tighter oversight of disclosures by activist investors

Wednesday, July 8 by SRN News

By Makiko Yamazaki and Miho Uranaka TOKYO, July 8 (Reuters) - Japan's ruling party plans to propose stronger enforcement against suspected violations of shareholder disclosure rules by activist investors, including by providing more resources to the securities watchdog, a senior lawmaker told Reuters. The proposals come... Read More.

Germany could gain from planned U.S. port fees on China-built ships, DIW says

Wednesday, July 8 by SRN News

By Rene Wagner and Maria Martinez BERLIN, July 8 (Reuters) - Germany could benefit from planned U.S. port fees on merchant ships built in China, with its exports to the United States potentially rising by around 2% compared with a scenario without fees, according to... Read More.

Oil prices jump after US strikes on Iran, while shares in Asia are mixed

Wednesday, July 8 by SRN News

BANGKOK (AP) - Asian shares were mixed on Wednesday and oil prices surged more than 2% after the U.S. launched strikes on Iran after it said Tehran struck three ships in the Strait of Hormuz. U.S. futures were little changed. Brent crude, the international standard,... Read More.

BHP iron ore workers vote to strike on July 16 at Port Hedland

Tuesday, July 7 by SRN News

(Corrects headline date to July 16 from July 18) MELBOURNE, July 8 (Reuters) - Workers at BHP's Port Hedland operations in Western Australia gave notice of an eight-hour work stoppage on Wednesday set for July 16, which is expected to disrupt daily revenue of A$120... Read More.

Current Weather

Crypto firms prepare defenses as quantum threat to encryption draws nearer

Apple to spend $30 billion in Broadcom chips deal that will see Colorado factory expand

Bayer seeks to end federal Roundup litigation after Supreme Court win

Fed minutes due as analysts debate whether Warsh will curtail them

Polymarket is in a high-stakes race to win back trust as it recommits to the US market

Trump covets Greenland for its location. Here’s why

Japan’s ruling party plans tighter oversight of disclosures by activist investors

Germany could gain from planned U.S. port fees on China-built ships, DIW says

Oil prices jump after US strikes on Iran, while shares in Asia are mixed

BHP iron ore workers vote to strike on July 16 at Port Hedland

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