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Wall Street Women Quit Jobs for Lucrative Online Fame
A growing number of women on Wall Street are leaving high-paying finance jobs to become online influencers, often earning double their previous salaries.
Goldman Sachs Warns Oil Inventory Rebuild Won’t Prevent 2027 Supply Glut
Goldman Sachs warns that rebuilding depleted oil inventories will not prevent a massive supply glut in 2027 as Strait of Hormuz traffic normalizes.
Trans-Oil Seeks to Calm Bond Investors Rattled by Ukraine Report
Trans-Oil Group is organizing calls with bondholders after a report alleged its founder breached sanctions on Iran, raising concerns about the company's compliance and debt stability.
EU Steel Import Quotas to Preserve 200,000 Jobs, Eurofer Says
The EU's stricter steel import quotas will help preserve 200,000 local jobs, according to Eurofer's director-general, as the industry struggles with high energy costs and global competition.
Goliath Ventures CEO Pleads Guilty to $250M Crypto Ponzi Scheme
Christopher Delgado, CEO of Goliath Ventures, pleaded guilty to a $250 million crypto Ponzi scheme that defrauded investors of at least $400 million through fake liquidity pools.
Bundesbank Ready to Oversee Germany's State Pension Fund, Nagel Says
Bundesbank President Joachim Nagel said the central bank is well placed to oversee Germany's planned state-backed pension fund, signaling potential expansion of its role in fiscal policy.
US Bets $50 Billion on Coal and Gas Power as Electricity Demand Soars
US companies are set to spend $50 billion on coal and gas power generation this year, surpassing China for the first time in decades, driven by surging electricity demand from data centers.
Germany June final manufacturing PMI rises to 50.3, beating 50.0 prelim
Germany's final manufacturing PMI for June came in at 50.3, above the preliminary 50.0, signaling a modest expansion in the sector with rising new orders and easing price pressures.
Galderma Shares Slump After FDA Rejects Botox Rival Relfydess
Galderma shares fell sharply after the FDA rejected its Botox rival Relfydess, raising concerns about the company's growth prospects in the aesthetics market.
ACG Metals boosts gold recovery to 85% at Turkish mine
ACG Metals has boosted gold recovery at its Gediktepe mine in Türkiye to 85% using a new patented process, while also cutting cyanide consumption by 45%.
Eni and Mercuria Join Forces in Global Energy Trading Venture
Eni and Mercuria have signed a deal to form a global energy commodities trading joint venture, combining Eni's upstream strength with Mercuria's trading expertise.
France June Final Manufacturing PMI Revised Up to 51.2
France's final manufacturing PMI for June was revised higher to 51.2 from 50.7 preliminary, but output and new orders continued to decline amid weak export demand.
Nike and Adidas Battle for World Cup Market Dominance
Nike and Adidas are intensifying their rivalry as the football World Cup approaches, with both sportswear giants vying for market share and brand visibility during the tournament.
Italy Manufacturing PMI Dips to 52.2 in June, Misses Forecast
Italy's manufacturing PMI fell to 52.2 in June, missing the 52.4 consensus, as the boost from stockpiling fades and input costs ease, signaling slower growth ahead.
South32 New CEO Targets Copper After Aluminum Sale
South32's new CEO Matt Daley prioritizes copper and zinc after selling the aluminum business on his first day, signaling a strategic shift toward metals critical for electrification and energy transition.
Shell Sells 50% Stake in Na Kika Platform for $1.7 Billion
Shell has agreed to sell its 50% stake in the Na Kika deepwater platform in the Gulf of Mexico to Talos Energy and Ridgewood Energy for $1.7 billion, marking a major portfolio adjustment.
French Gas Users Face Higher Bills as Network Costs Rise, Regulator Warns
French natural gas consumers will see higher bills as network maintenance costs are spread over fewer users due to declining demand, the regulator CRE said.
US spot bitcoin ETFs see record $4.5B outflows in June
US spot bitcoin ETFs suffered $4.5 billion in net outflows in June, the worst month on record, led by BlackRock's IBIT with $3.55 billion in redemptions.
Poland is the only EU country where crypto firms can't get a MiCA license
Poland is the only EU member state without a functional MiCA licensing system, forcing its 2,000 registered crypto firms to seek licenses abroad or face shutdown as the regulation takes full effect.
Primark Sales Fall as AB Foods Prepares to Split Off Chain
Associated British Foods reported lower Primark sales and a profit hit at its sugar unit due to the Iran war, as it prepares to split its clothing and food divisions.
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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.