© Reuters. H&M Commits to Higher Prices Amid Bangladesh Wage Hike, Backing Fair Pay Quiver Quantitative – The ripple effects of Bangladesh’s minimum wage increase are being felt all the way to Hennes & Mauritz (H&M) price tags, as the Swedish retail giant takes a stand in support of fair…

KYIV – The European Bank for Reconstruction and Development (EBRD) has signed a deal to provide Ukrainian state energy company Naftogaz with a €200 million loan aimed at preparing the country’s gas reserves for the winter season. This agreement, taking place in Kyiv today, follows an earlier €300 million loan…

By Hannah Lang (Reuters) -The U.S. dollar was higher against a basket of currencies on Tuesday, paring losses from a recent selloff in spite of data showing that U.S. job openings dropped in October to the lowest level since early 2021. Job openings, a measure of labor demand, fell 617,000…

Source: Adobe/Photocreo BednarekNASDAQ-listed Bitcoin mining firm Cipher Mining Inc. has announced the purchase of 37,396 units of the latest Bitmain Antminer T21 series.Making the announcement in a press release, the company disclosed that this acquisition amounted to approximately $99.5 million.Regarding the value of these cutting-edge miners, Cipher Mining explained that…

Roku stock tumbled Friday on the heels of a downgrade from an analyst team concerned that the streaming-media company’s shares rose too quickly too fast. MoffettNathanson analysts led by Michael Nathanson downgraded Roku to Sell from Neutral on Friday and lowered earnings estimates for 2023 and 2024, but lifted their…

© Reuters. FILE PHOTO: A representations of cryptocurrencies in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Suzanne McGee (Reuters) – ARK Investment Management led by Cathie Wood, and Swiss cryptocurrency manager 21Shares, plan to charge a fee of 0.80% on their proposed ARK 21Shares exchange-traded fund (ETF)…

MOSCOW/LONDON (Reuters) – Three major Greek shipping firms have stopped transporting Russian oil in recent weeks in order to avoid U.S. sanctions now being imposed on some shipping firms carrying Russian oil, four traders told Reuters and shipping data showed. The development is a blow to Russia as it narrows…

WASHINGTON – The continued its upward trajectory today, reaching a two-week peak around the 104.00 mark, bolstered by a series of positive economic indicators. The American currency’s rise comes amidst a broader trend of strength for the greenback. Key economic data released today highlighted a mixed picture of the US…

Source: Eagle/AdobeThe former Governor of China’s central bank, Dai Xianglong, has insisted that China needs to “lead the world’ in CBDC adoption, as the nation’s digital yuan pilot continues.Per a Weibo post from the media outlet Finance iFeng, former People’s Bank of China (PBoC) chief Dai said that the move…

Finnish equipment supplier Nokia has weathered punch after punch lately, and it just caught another. Citi analyst Andrew Gardiner downgraded Nokia to Sell from Buy and slashed his price target on shares to €2.70, or about $2.95, from €4.10 in a Thursday report. The company’s American depositary receipts fell 4% to…