BRUSSELS: The EU’s top diplomat warned Monday it would be “extremely dangerous” should Iran shut down the crucial Strait of Hormuz trading route over US strikes on its nuclear sites. “Concerns of retaliation and this war escalating are huge,“ Kaja Kallas told reporters as EU foreign ministers met in Brussels for talks, with the Iran-Israel…
PARIS: Antonio Filosa began his tenure as chief executive of US-European auto giant Stellantis on Monday with a leadership shake-up, as he seeks to jump-start performance at the struggling maker of Jeep, Peugeot and Fiat vehicles. The company veteran, an Italian who led Stellantis in North and South America, was named last month to succeed…
MANILA: Philippine Vice President Sara Duterte responded Monday to her Senate impeachment trial summons hours before the deadline, demanding the case against her be dropped. The House of Representatives impeached Duterte in early February on charges of graft, corruption and an alleged assassination plot against one-time ally and former running mate President Ferdinand Marcos. A…
Key takeaways AVAX is trading above $17 per coin after hitting the $15.90 mark on Sunday. Despite its recovery, AVAX could retest the $15 low before surging higher. AVAX surges 2% as broader market recovers The cryptocurrency market is having a positive start to the week following a bearish weekend. Bitcoin, ETH, AVAX, and other…
Bitcoin Magazine Metaplanet Buys Additional ¥17.2 Billion Worth Of Bitcoin Metaplanet has purchased an additional 1,111 Bitcoin for approximately ¥17.2 billion ($118.2 million), expanding its Bitcoin holdings amid growing corporate adoption of Bitcoin as treasury reserves. According to a company filing on June 23, the Tokyo-listed firm acquired the Bitcoin at an average price of…
LONDON: UK Health Secretary Wes Streeting on Monday announced a “rapid national investigation” into English maternity services after a string of scandals over 15 years. Streeting said he was ordering the probe having heard many “deeply painful stories of trauma, loss, and a lack of basic compassion –- caused by failures in NHS (National Health…
JERUSALEM: Sirens sounded in several areas of northern Israel on Monday, after the army reported a fresh barrage of Iranian missiles, at least the third salvo in less than two hours. “A short while ago, sirens sounded in several areas in northern Israel following the identification of missiles launched from Iran toward the State of…
TEHRAN: Israel carried out a fresh strike on Iran’s underground Fordo nuclear site south of Tehran, a media outlet in the country reported. “The aggressor attacked the Fordo nuclear site again,“ Tasnim news agency reported, quoting a spokesperson for the crisis management authority in Qom province where the site is located. The latest attacks come…
Bitcoin briefly slid to $98,974 late on Sunday after US airstrikes targeted Iranian nuclear facilities. That was its weakest point since early May. But by Monday morning in Asia, the leading cryptocurrency topped $101,000 again. Traders are weighing whether this was just a hiccup or the start of a fresh trend. Arthur Hayes Sees Temporary…
XRP trades above $2.00 and could eye a decisive break above $2.30. An uptick to $2.50 could confirm bullish continuation. However, a drop below $2.00 may signal deeper corrections. The price of XRP is holding near $2 as top cryptocurrencies trade at key support levels. Most altcoins mirror Bitcoin’s trajectory, which saw a sharp decline…
