Author: Lucas

Strategy (MSTR), the largest corporate holder of bitcoin BTC$106,091.79, reported Monday that it purchased $49.9 million worth of bitcoin last week, bringing its total holdings to 641,692 coins valued at more than $68 billion at current prices.It was the latest in a series of relatively small buys by the company, which has found its capital-raising efforts constrained in part thanks to the steep price decline in MSTR common stock.This latest is purchase in notable, though, as Sayor and team for the first time tapped its at-the-market program for its STRC “Stretch” series of preferred stock, raising $26.2 million. Strategy recently…

Climate-focused deeptech startup Ecozen has raised Rs 111.6 crore (around $12.5 million) in debt funding from UTI International Wealth Creator and Spark Alternative Investment fund.According to its filing sourced from the Registrar of Companies (RoC), Ecozen’s board approved the issuance of 500 non-convertible debentures (NCDs) to Spark Alternative Investment Firm and 616 non-convertible debentures (NCDs) to UTI International Wealth Creator at a face value of Rs 10 lakh each to raise the amount as mentioned above.The proceeds will be used for immediate capital requirements for aiding the growth of the business.Founded by Devendra Gupta, Ecozen offers climate-smart deep tech solutions…

Stay informed with free updatesSimply sign up to the Cyber Security myFT Digest — delivered directly to your inbox.Insurers paid out at least £197mn in cyber claims in 2024, more than triple the £60mn paid the previous year, new data shows, as a rise in attacks by cyber gangs hit British businesses.Companies surveyed by the Association of British Insurers reported sharp rises in claims on cyber insurance policies, a small but fast-growing market, with the share of claims stemming from malware and ransomware attacks rising to 51 per cent of the total, up from 32 per cent of claims the…

Patrick Colquhoun, assistant chief executive of Luss Estates, which owns almost 50,000 acres of land around Loch Lomond, said the legislation could lead to an “infringement” on property rights.Mr Colquhoun, who is also vice-chairman of Scottish Land and Estates, told the BBC’s Scotcast podcast that he feared the definition of a large landholding could be reduced in future.”Already the government are being pressed to reduce that down to 500 (hectares), then it’s 200, then it’s 10, then it’s five and suddenly your plot at home, your garden ground could be under threat,” he said. Some lawyers have also raised concerns.…

Barrick Mining Corp. is wooing investors with payouts and share buybacks as new leadership seeks to turn around its mining operations amid surging gold prices.The world’s second-biggest gold producer boosted its quarterly payout by 25% and approved a “performance dividend” of five cents a share, Barrick said in a statementBloomberg Terminal Monday after posting third-quarter results. Barrick’s board also authorized an additional buyback of $500 million “in light of exceptionally strong cash flow.” Source link

CHONGQING, CHINA – AUGUST 08: Photo illustration by Cheng Xin/Getty ImagesGetty ImagesDespite an impressive rise of over 400% this past year, fueled by the strong potential of advanced nuclear power for AI, Oklo’s (OKLO) shares have recently retreated from their peaks in October, highlighting a crucial weakness. The company’s multi-billion dollar valuation, primarily based on future possibilities and non-binding agreements, confronts the harsh truth of prolonged regulatory challenges, a lack of commercial revenue, and a developing fuel supply chain, casting doubt on the viability of its elevated market valuation. If past events serve as an indicator, Oklo stock is not…

Doms Industries Ltd on Monday reported a consolidated net profit of ₹58.26 crore for the second quarter ended September 2025, marking a 13.5% increase from ₹51.32 crore in the same period last year.Revenue from operations grew a healthy 24% year-on-year to ₹567.9 crore, compared with ₹457.7 crore in Q2FY25, supported by healthy demand.Operating performance also improved, with earnings before interest, tax, depreciation and amortisation (EBITDA) up 15.8% to ₹99.51 crore from ₹85.93 crore a year earlier. However, operating margins eased slightly to 17.5% from 18.8% a year ago.Also Read: Bajaj Consumer Q2 Results: Profit climbs 33%, Almond Drops sees double-digit…

GBP/USD consolidates during the North American session on Monday, remaining steady at around 1.3150 amid growing speculation that the US government shutdown might end soon, a tailwind for the US Dollar (USD), which trimmed some earlier losses.Sterling holds firm despite Dollar recovery; traders eye BoE data, December rate expectations on both sides of the AtlanticOn Sunday, the US Senate passed a measure setting the stage for a reopening of the Federal Government, which has the support of some Democratic lawmakers. The decision was cheered by President Donald Trump, who said that it looks “like we’re getting very close to the…

BANGKOK (AP) — Thailand threatened on Monday to suspend a U.S.-brokered ceasefire agreement with Cambodia, with the country’s prime minister saying all actions under the deal will be halted, just hours after a land mine explosion in the volatile border area injured two Thai soldiers.Thailand and Cambodia signed a truce agreement at a summit in Malaysia last month, after territorial disputes between the two Southeast Asian neighbors led to a five-day deadly combat in late July that killed dozens. Tensions have simmered and there have been similar land mine explosions — both before and after the clashes, including one that…

HMRC has issued a warning about National Insurance numbers and what information you should keep privateThe HMRC issued a warning about your National Insurance number(Image: Getty)Brits holding a National Insurance number have received an important warning from HM Revenue and Customs (HMRC). The Government department has urged people to “only share it when you need to” in a recent update.This unique identifier could be misused for identity theft and fraudulent purposes, including unlawfully claiming benefits or obtaining loans. HMRC posted on social media platform X: “Download the HMRC app to view your National Insurance number.”Remember, only share it when you…