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India emerged as one of the fastest-growing steel markets as global steel prices rose across major regions in April and early May, according to a Goldman Sachs report. In its “Global Steel: The Steel Market Barometer – May Update”, Goldman Sachs said average hot rolled coil (HRC) prices increased across nearly all major markets in…
Intercontinental Exchange (ICE) and the Chicago Mercantile Exchange (CME), the two biggest exchanges for energy-linked commodities, are pressuring US regulators to clamp down on the Hyperliquid decentralized exchange’s expansion into commodity markets. Executives from both companies say that Hyperliquid’s energy-linked onchain derivatives create insider trading and price manipulation risks, according to Bloomberg, which cited unnamed…
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Violent protest in Kolkata’s Park Circus area (Courtesy: x.com/SudhanidhiB) NEW DELHI: A clash erupted between demonstrators and police in Kolkata’s minority-dominated Park Circus area on Sunday, injuring at least three police personnel.The demonstrators were protesting the recent bulldozer action in the city’s Tiljala area, where alleged illegal constructions were demolished on the state government’s orders…
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As investors worry about all of the companies that AI will wipe out, they are rotating into the ones that AI will have a harder time disrupting. And the HALO trade, as it is called, is working. HALO, which stands for “heavy assets, low obsolescence,” was coined by Josh Brown, co-founder and CEO of Ritholtz…
