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Running at a loss can be a red flag. Many of these businesses face mounting challenges as competition increases and funding becomes harder to secure.

ING’s stablecoin project could take the form of a consortium effort including some other banks and crypto service providers, two people familiar with the plans said.

The company will use the money to expand its engineering team and launch its first product.

U.S.-listed shares of Bausch Health, the parent company of contact lens maker Bausch + Lomb, rose nearly 8% to $5.09 in early trading. In addition to owning 9.4% of the company's shares, Icahn has exposure to an additional 24.6%, or 90.72 million shares through cash-settled equity swap agreements, Bausch Health said. Such financial contracts only allow an investor to benefit from stock movements without actually owning the shares.

The effort is set to bring about the biggest change to how the government buys products and services since the 1990s.

Here's a look at major economies/central banks and their holdings of gold and Treasuries in recent months: GOLD Sustained demand from central banks has created a reliable floor under gold prices, supporting bullion's historic rally this year. GOL/] Spot gold prices surged as high as $3,500.05 per ounce on Tuesday, surpassing the $3,500/oz milestone for the first time. GOL/] "With all the geopolitical tensions, central banks do want to diversify away from the dollar and have something that won't be sanctioned ...

LONDON (Reuters) -Hedge funds are fleeing the stocks of companies that provide discretionary items and services consumers want but do not need, in a sign they anticipate an economic downturn, a Goldman Sachs prime brokerage note showed. Hedge funds dumped long positions last week in consumer discretionary and it is the most net sold stock sector this year, said the note to clients seen by Reuters on Tuesday and published Friday. "Hedge funds dumping consumer discretionary stocks strongly suggests they’re bracing for economic trouble, likely a recession," Bruno Schneller, managing director at Erlen Capital Management, said.

The bitcoin mining industry routinely underreports the value of imported ASIC shipments to the U.S., multiple sources told CoinDesk.

(Bloomberg) -- US President Donald Trump’s policy shocks are tilting risk sentiment in favor of emerging-market equities, leading to their biggest outperformance in 16 years over US stocks as investors focus on local growth and earnings.Most Read from BloombergDOGE Visits National Gallery of Art to Discuss Museum’s Legal StatusTrump Gives New York ‘One Last Chance’ to End Congestion FeeTrump Administration Takes Over New York Penn Station RevampThe Racial Wealth Gap Is Not Just About MoneyThe MS

As big tech companies kick off quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty.View on euronews