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Cryptocurrency firm Bullish files for US IPO
Uncertainty surrounding President Donald Trump’s tariff policies slowed down the IPO market amid heightened volatility, but sentiment is shifting as new listings gain traction.Bullish is expected to list on the NYSE under the symbol “BLSH”.J.P Morgan, Jefferies and Citigroup are among the underwriters for the … Read More >>
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Invesco shares reach 2-year high after filing to reclassify $360 billion ETF
An Invesco subsidiary, Invesco Capital Management, filed paperwork with the Securities and Exchange Commission, seeking permission from QQQ beneficial owners to operate the ETF as a management company, according to a statement on Friday.That subsidiary will be appointed as QQQ’s investment adviser should t … Read More >>
AI models with systemic risks given pointers on how to comply with EU AI rules
BRUSSELS (Reuters) -The European Commission set out guidelines on Friday to help AI models it has determined have systemic risks and face tougher obligations to mitigate potential threats comply with European Union artificial intelligence regulation (AI Act).The move aims to counter criticism from some compan … Read More >>
BP to sell US onshore wind business to LS Power for undisclosed sum
(Reuters) -BP has agreed to sell its U.S. onshore wind business to U.S.-based LS Power, as part of its ongoing divestment strategy, the energy major said on Friday, without disclosing a deal value. bp Wind Energy will be owned and operated under power and energy-focused investment and operating company LS Pow … Read More >>
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