Investing

Donald Trump has announced a new cryptocurrency venture called World Liberty Financial, raising concerns about potential conflicts of interest during his 2024 presidential campaign. With his sons heavily involved, Trump is positioning himself as the "crypto candidate," despite his previous skepticism of the industry. The venture, which remains vague in its goals, is entering a highly speculative and volatile market. Critics are questioning how Trump’s potential return to the Oval Office could impact his business interests, particularly in the cryptocurrency space. This new project adds another layer of complexity to Trump's business and political pursuits.

Flutter Entertainment (NYSE: FLUT) is in advanced discussions to acquire Playtech's Italian subsidiary, Snaitech, in a deal potentially valued at £2 billion ($2.6 billion). This acquisition aligns with Flutter's strategy of expanding its global footprint through strategic acquisitions, particularly in key markets like Italy. The market has responded positively to the news, with significant increases in the share prices of both companies. While the transaction could enhance Flutter's leadership in the global gambling industry, both companies have emphasized that there is no certainty that the deal will be completed.

BHP Group attempted an all-share takeover of Anglo American, valuing the company at £31.1 billion. Despite offering a 14% premium, Anglo's board rejected the proposal, citing undervaluation and structural complexities. The deal faced regulatory hurdles and shareholder skepticism, ultimately leading BHP to withdraw. This analysis explores the strategic objectives behind BHP's bid, the financial and regulatory challenges, and the broader market implications of the failed acquisition within the global copper market and mining industry consolidation trends.

In December 2023, Europe saw a decline in new-vehicle registrations, the first in 17 months, primarily due to decreased electric vehicle (EV) demand. However, January 2024 marked a resurgence, especially in Germany, with a 19% increase in passenger car registrations and a 37% rise in new plug-in electric car registrations. Despite facing economic uncertainties and reduced incentives, brands like Mercedes-Benz, BMW, and Audi led in EV registrations. This mixed market response underscores the crucial role of policy support and strategic industry adjustments in navigating the evolving automotive landscape towards sustainable mobility.

The world of cryptocurrencies has never been short of dramatic twists and turns, and the recent events surrounding Bitcoin are a testament to this volatility. In a matter of days, Bitcoin’s price experienced a significant tumble, sending shockwaves throughout the cryptocurrency market. SpaceX’s Influence? The calm that had seemingly settled …

Apr 26, 2023 The energy markets are currently undergoing significant transformation in light of the green shift, and businesses and households must be prepared for the changes. To combat rising energy prices, one option is to use a supplier that provides an integrated energy solution, and has full control over …

Feb 28, 2023 Exploration projects are more common in developing countries than in developed ones, but there are still plenty of untapped opportunities in the latter. A great example is GoldLine Resources (TSXV: GLDL | OTCQB: TLLZF), a company taking the initiative to explore the mineral potential of the Nordics. …

As crypto and digital currencies become more common in the real world, more rules and regulations need to be implemented to stop “bad” people from using these currencies for doing bad stuff. Governing bodies across the world have been struggling to catch up with the new and innovative ways criminals …

There is a tremendous amount of similarity among cryptocurrency ETFs, funds and trusts and in their stock performances so, after analyzing each, we have come up with 2 ETFs that consistently outperform all the others and delve into the reasons why.

Lithium is a silvery-white and very soft metal that belongs to the group of alkali metals in the periodic table. There are three main sources of lithium: (1) brine, (2) hard rock deposits, and (3) clay. About half of global lithium is produced from groundwater brine enriched in dissolved lithium. The …