(Reuters) – Toronto-based bitcoin miner Bitfarms has enlisted two consultants to explore how it can transform some of its facilities to meet the growing demand for artificial intelligence data centers, it said on Friday. WHY IT’S IMPORTANT Crypto miners often own large plots of land and significant power resources — assets that are also crucial …
Canadian bitcoin miner Bitfarms mulls pivot to AI data centers Read More »
By Ed White WINNIPEG, Manitoba (Reuters) – Canadian farmers are renegotiating livestock contracts with U.S. buyers and finding local markets for crops they previously planned to sell south of the border to minimize the economic hit from potential new U.S. tariffs. U.S. President Donald Trump’s threat to impose 25% tariffs on Canada and Mexico as …
Facing Trump tariffs on piglets and crops, Canadian farmers revise sales plans Read More »
(Reuters) – U.S. equity funds attracted inflows for the first time in four weeks in the week through Jan. 29, spurred by hopes of interest rate cuts following comments from President Donald Trump, and a rebound in tech shares following Monday’s losses. As per LSEG Lipper data, U.S. equity funds received a net $5.58 billion …
US equity funds draw first weekly inflow in four weeks Read More »
A look at the day ahead in U.S. and global markets from Mike Dolan As a hectic January ends, world markets continue to brace for U.S. import tariff rises as soon as this weekend – lifting the dollar in anticipation as interest rates in Europe tumble. Despite the currency market anxiety, stocks pushed higher – …
Morning Bid: Higher dollar braces for tariffs, Apple rallies Read More »
(Reuters) – Germany’s SAP sees a growing global demand for software to manage and document companies’ sustainability efforts despite a trend of weakening climate protection targets in the United States, its chief financial officer, Dominik Asam, said in an interview with Reuters. This week, the United Nations said the U.S. will withdraw from the Paris …
SAP sees growing demand for sustainability software despite U.S. climate disengagement Read More »
By Leika Kihara TOKYO (Reuters) -The fading shadow of reflationists in the Bank of Japan, and the latest addition to the board of an academic favouring an end to ultra-low interest rates, will likely bring the central bank’s thinking closer to global peers taking a more conventional approach on monetary policy. The reshuffle would come …
By Naomi Rovnick, Harry Robertson and Amanda Cooper LONDON (Reuters) – In a week when AI chipmaker Nvidia suffered the biggest one-day loss of value on record and the Federal Reserve said it was in no hurry to cut rates again, a few gauges underscore markets’ vulnerability to big swings. Investors and analysts said the …
Five charts on market signals flashing red amid DeepSeek selloff Read More »
By Howard Schneider WASHINGTON (Reuters) – U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong economy and uncertainty over his own policies have set the stage for the Federal Reserve to diverge from its central bank peers. The European Central Bank cut …
Trump is getting the lower interest rates he demanded from everyone but the Fed Read More »
By Steve Holland WASHINGTON (Reuters) -U.S. President Donald Trump on Thursday said he would soon decide whether to exclude Canadian and Mexican oil imports from the 25% tariffs that he has vowed to impose on Saturday on the countries’ products. “We may or may not. We’re going to make that determination probably tonight,” Trump said …
Trump says Canada, Mexico tariffs on Saturday may not include oil Read More »
By Ismail Shakil (Reuters) – President Donald Trump on Thursday warned off BRICS member countries from replacing the U.S. dollar as a reserve currency by repeating a 100%-tariffs threat he had made weeks after winning the November presidential elections. “We are going to require a commitment from these seemingly hostile Countries that they will neither …
Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar Read More »
