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News
Kalshi seeks approval for US single-stock perps
9+ hour, 4+ min ago (211+ words) Kalshi intends to have the contracts treated as a security futures product, with joint supervision by the Commodity Futures Trading Commission and the Securities and Exchange Commission, Mansour said. An SEC representative declined to comment. A CFTC spokesperson did not…...
Iran war pushes textile costs, idles factories
15+ hour, 9+ min ago (368+ words) After lunch at Plummy Fashions on Dhaka's outskirts, one line clicks back into motion, with workers checking seams and fastening tags to piles of women's black T‑shirts headed to Zara stores across Europe. Steps away, a different hall has…...
Apollo cuts invoice and supplier finance at Eliant
9+ hour, 4+ min ago (168+ words) Briefs Finance After a rough stretch for what had been a hot corner of credit, Apollo is paring back specific strategies at Eliant Trade Finance LP, according to people who asked not to be identified because the plans are not…...
Firehawk Aerospace Eyes $1.25B Valuation
9+ hour, 3+ min ago (231+ words) Firehawk is working on a new private funding round that pegs its valuation around $1.25 billion, per people who asked not to be named because the discussions are private. The company is seeking about $100 million to $200 million. Rochefort Asset Management is…...
Sun Hung Kai Profit Rises as HK Property Rebounds
2+ day, 8+ hour ago (284+ words) Hong Kong's largest developer posted a second straight annual gain in profit after three consecutive down years during the market slump. Underlying earnings, which exclude property revaluations, reached HK$22.9 billion in the 12 months ended June 30, slightly below Bloomberg's HK$23.2 billion…...
ECB Eyes More Rate Hikes, October Possible
2+ day, 7+ hour ago (1136+ words) ECB officials eye more rate hikes, with October on the table Briefs Finance Free Live Investors Workshop The dollar is losing value. Here’s how investors can still profit. ECB officials eye more rate hikes, with October on the table - People…...
Emeria lenders sign NDAs as €350M rescue looms
2+ day, 8+ hour ago (1157+ words) Briefs Finance Free Live Investors Workshop The dollar is losing value. Here’s how investors can still profit. Emeria's creditors sign NDAs as owners weigh €350 million lifeline - Biggest lenders agreed to non-disclosure pacts that stop them from trading Emeria's debt as…...
Oracle Q1 Beats Estimates, Raises Outlook
2+ day, 8+ hour ago (1357+ words) Briefs Finance Free Live Investors Workshop The dollar is losing value. Here’s how investors can still profit. Oracle pops after a big Q1 beat and bullish outlook - Adjusted EPS came in at $1.92 vs. $1.74 expected, with revenue at $19.35 billion vs. $19.14 billion expected…...
Airbus tightens supplier grip, eyes U.S. expansion
2+ day, 8+ hour ago (330+ words) Airbus SE is staying close to its vendors so it can move fast when parts or production hit a snag, and it has at times taken direct ownership of subcontractors to fix issues. Citing Airbus's pickup of select Spirit AeroSystems…...
UBS: Swiss firms could get $2B in US tariff refunds
2+ day, 8+ hour ago (295+ words) There is a catch. UBS notes the money is formally paid to importers, so exporters might not capture the full benefit. Tariffs have weighed on Swiss firms, especially watchmakers. UBS pointed to Swatch and private equity owned Breitling as examples…...