Alrosa (MCX:ALRS), Russia’s state-owned diamond miner, plans to suspend certain operations and reduce its workforce in 2025 as it confronts falling global diamond prices and the impact of international sanctions. CEO Pavel Marinychev outlined the measures during an interview with local media in Yakutia, the company’s primary production hub, as reported by Reuters on Thursday…
He also discussed what he is — and isn’t — doing with his money right now. ‘Stay out of stocks, with a few exceptions here and there — there are always exceptions. Stay out of all bonds, frankly. They’re a triple threat to your capital,’ Casey said during the interview. ‘I still like commodities —…
Weighing in on Fed Chair Jerome Powell’s November 14 comments, she said he remains steadfast in his message that while inflation is coming down to the Fed’s 2 percent target, there’s a bumpy path ahead that will require patience. ‘I think the idea here is not so much to hang onto every single word he’s…
Bitcoin achieved five new all-time high prices this week, boosted by a wave of renewed optimism and growing confidence in the future of the cryptocurrency. Meanwhile, MicroStrategy (NASDAQ:MSTR) increased its Bitcoin holdings, sending its share price to record-high valuations, and a major development in Google’s (NASDAQ:GOOGL) anti-trust trial weighed heavily on investors. 1. Bitcoin nears…
Bitcoin achieved five new all-time high prices this week, boosted by a wave of renewed optimism and growing confidence in the future of the cryptocurrency. Meanwhile, MicroStrategy (NASDAQ:MSTR) increased its Bitcoin holdings, sending its stock price to record-high valuations, and a major development in Google’s (NASDAQ:GOOGL) anti-trust trial weighed heavily on investors. 1. Bitcoin nears…
The S&P/TSX Venture Composite Index (INDEXTSI:JX) increased 1.74 percent on the week to close at 606.17 on Friday (November 8). Meanwhile, the S&P/TSX Composite Index (INDEXTSI:OSPTX) was up 2.16 percent to 25,444.28 and the CSE Composite Index (CSE:CSECOMP) fell 6.17 percent to 138.03. Statistics Canada released October consumer price index (CPI) numbers on Tuesday (November…
The price of Bitcoin rallied to nearly US$100,000 on November 22, reaching a new all-time high of US$99,645 as trading wrapped for the week. The popular cryptocurrency has been rising on the heels of Donald Trump’s victory in the US presidential election, which saw Donald Trump and the Republican Party declare victory after securing all…
Cryptocurrencies such as Bitcoin and Ethereum offer an alternative route for building and storing wealth. While directly holding these digital assets is a popular option, investors are also clamoring for financial products such as crypto exchange-traded funds (ETFs). Canada first launched Bitcoin and Ethereum ETFs in 2021. These Canadian Bitcoin and Ethereum ETFs allow investors…
West High Yield (W.H.Y.) Resources Ltd. (TSXV: WHY) (FSE: W0H) (the ‘Company’ or ‘West High Yield’) announces the receipt of proceeds from the exercise of certain stock options (the ‘Options’) of the Company. One holder of options (the ‘Optionholder‘) exercised an aggregate of 100,000 Options resulting in the issuance of 100,000 common shares of the…
xReality Group Limited (ASX:XRG) (xReality) is pleased to provide the following sales update for Operator XR, a wholly owned subsidiary of xReality Group Ltd. Operator XR provides Military and Law Enforcement agencies around the world with a unique, integrated Mission Planning & Rehearsal System, which is portable, secure, and highly immersive. In light of the…
