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Wintermute will reportedly invest $1 billion in AI infrastructure and high-frequency trading as part of its expansion into traditional finance.
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Sri Lankan shares closed higher on Wednesday, led by gains in information technology and real estate stocks. The CSE All-Share index settled up 0.07% at 21,418.57.
David Kelly, JPMorgan Asset Management's chief global strategist, sees a disinflation trend in the US stemming from lower tariff costs and oil eventually flowing out of the Strait of Hormuz.
US inflation eased for a second month in July, with consumer prices rising 3.4% from a year earlier, down from 3.5% in June, exactly as economists had forecast, a reading that hands neither side of a…
Nigeria’s crude oil production remained above 1.5 million barrels per day (bpd) for the third consecutive month in July 2026 despite a decline from the previous month.
The state of the global diesel market is getting even more precarious as the Russia-Ukraine war and the Iran crisis squeeze supply from multiple angles.
The consumer price index was expected to increase 0.1% in July, with an annual rate of 3.4%.