HIVE buys $58 million Toronto plot for AI facility; shares climb
The bitcoin mining firm continues on its investment path into AI data centers after raising $115 million to expand its global footprint in the industry. Source link
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Wall Street turns mixed as Treasury yields ease and oil prices retreat
US stock indexes traded mixed on Monday as easing Treasury yields and lower oil prices helped calm some investor concerns after last week’s bond-market selloff, according to a Reuters report.The Dow Jones Industrial Average gained 139.25 points, or 0.28 per cent, to 49,665.42 in early trading. The S&P 500 edged up 3.27 points, or 0.04…
‘World sees PM panic’: Rahul Gandhi on video of Norwegian journalist asking PM Modi to answer questions
NEW DELHI: Lok Sabha Leader of Opposition Rahul Gandhi on Monday shared a video from Prime Minister Narendra Modi’s visit to Norway where he could be seen walking away as a Norwegian journalist asked him to answer her question. Accusing the PM of “panicking and running” away, Rahul said, “When there is nothing to hide,…
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US Treasury reaches $275 million settlement with Adani Enterprises over Iran sanctions violations
The US Treasury Department on Monday said it had reached a $275 million settlement with Adani Enterprises over the company’s potential civil liability linked to 32 apparent violations of US sanctions involving Iran, according to a Reuters report.The US Treasury’s Office of Foreign Assets Control (OFAC) said Adani Enterprises had purchased shipments of liquefied petroleum…
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Six reasons why India will continue to buy Russian crude oil despite Trump sanctions
With waiver lapsing, flows are likely to remain broadly stable, although they could ease modestly from March levels. (AI image) The Donald Trump administration may have allowed the sanctions waiver on Russian crude to expire on May 16, but India has made it clear that it will continue to procure oil from Moscow. The sanctions…