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Porsche to Cut Models in Bid to Revive Margins Hit by Tariffs and China Weakness
Porsche AG confirmed its profit outlook and plans to reduce model complexity to revive margins pressured by US tariffs and weak demand in China.
AUDUSD Hits New Session Lows, Tests Channel Trend Line Support
AUDUSD fell over 1% to 0.6926, breaking key support levels and shifting the near-term bias to sellers as the pair tests channel trend line support.
BTIG Cuts UWM Holdings Price Target to $4 on Rate Pressure
BTIG slashed its price target on UWM Holdings to $4 from $10, citing a tougher interest rate environment and weakened profitability outlook for mortgage originators.
Bitcoin wavers near $62K as Micron earnings loom, stocks slide
Bitcoin struggles to hold $62K support as global equities slide and traders brace for Micron's earnings report, which could fuel further volatility in risk assets.
America's Nuclear Buildout Gains Speed as Oklo Targets 2028 Power
Oklo targets power production within two years as America's nuclear resurgence accelerates with government support, fuel supply improvements, and private capital unlocking new reactor development.
Euro Hits One-Year Low vs Dollar on Rate Bets, Weak German Data
The euro fell to a one-year low against the dollar as shifting interest-rate expectations and weak German data weighed on the single currency.
Apollo Caps Withdrawals as Redemption Pressure Mounts
Apollo caps withdrawals from its flagship private credit fund after redemption requests exceed the 5% limit, raising concerns about retail investor outflows and broader industry risk.
Oil Tankers Exit Dark Mode as Strait of Hormuz Reopens Tentatively
A growing number of oil tankers are broadcasting positions to pass through the Strait of Hormuz, signaling a tentative recovery in traffic after a US-Iran peace deal memorandum.
Valor Gold Corp. Lists on TSX, Opens Market
Valor Gold Corp. celebrated its new listing on the Toronto Stock Exchange, holding the third largest undeveloped gold resource in Canada at its Courageous Lake project.
Russia Gasoline Crunch Spreads After Refinery Drone Attacks
At least two-thirds of Russia's regions face fuel rationing or supply disruptions after Ukrainian drone strikes on refineries, worsening the gasoline crunch.
Gold Falls for Third Day as Dollar Hits One-Year High
Gold extended its decline to a third session on Tuesday as the US dollar strengthened to its highest level in over a year, pressuring precious metals.
US Richmond Fed Composite Index Drops to +4 from +13
The Richmond Fed composite index fell sharply to +4 in June from +13 in May, signaling a setback in regional economic momentum as services and employment weakened.
DOJ Probes New York Coffee Chain Over Ban of Congressman
The U.S. Department of Justice opened a civil rights investigation into Poetica Coffee after the chain posted on social media that it would refuse service to a pro-Israel congressman.
US June S&P Global Flash Services PMI Rises to 51.3 vs 51.0 Expected
The US June S&P Global flash services PMI came in at 51.3, above the 51.0 consensus, while the composite reading signaled sluggish growth and cooling price pressures.
Thailand Expands Crypto Mining Probe Into $300M Chinese Laundering Network
Thailand's Department of Special Investigation (DSI) has expanded a probe into a Chinese 'grey capital' network that allegedly used illegal crypto mining and cash mules to launder over $300 million annually.
Borealis Mining Reports Record Quarterly Revenue of US$6.1 Million
Borealis Mining Company reported record quarterly revenue of US$6.1 million and gross profit of US$1.83 million, with continued operational growth at the Borealis Mine and a 5,000-metre drill program commenced at Sandman.
Bank of Canada's Macklem calls for more savings destinations beyond the US
Bank of Canada Governor Macklem said the global system needs more savings destinations beyond the US, highlighting persistent imbalances and the dollar's role, without commenting on current monetary policy.
Incobrasa doubles soybean crush capacity with new Illinois plant
Incobrasa's new soybean processing plant in Illinois doubles its crush capacity, potentially tightening local soybean supplies and supporting CBOT soybean meal futures.
BOE's Taylor calls for extended hold, pound slips to 1.3211
Bank of England's Alan Taylor advocates an extended hold on interest rates, sending the pound lower to 1.3211 as markets reassess rate hike expectations.
Morocco Holds Rates Steady for Second Year as Iran Talks Loom
Morocco kept its key interest rate unchanged for a second year, balancing World Cup-linked construction growth against inflation risks amid US-Iran peace talks.
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NowPrice news curates headlines from established financial sources (CoinDesk, Decrypt, Investing.com, MarketWatch, OilPrice, Bloomberg and others). Our editorial team writes concise summaries in 5 languages. We don't republish articles — every story links back to the source.