Smithfield Foods files for public offering on US stock exchange
The proposed listing comes amid pricing pressures in the pork industry and mounting public scrutiny over the agriculture industry's ties to China.
The proposed listing comes amid pricing pressures in the pork industry and mounting public scrutiny over the agriculture industry's ties to China.
Whale transactions and large withdrawals from exchange signal demand for the largest memecoin by market capitalization.
(Bloomberg) -- Vietnam’s central bank said it’s keeping a close eye on the local currency which fell to a record low last week, with Deputy Governor Dao Minh Tu pledging to stabilize the dong while keeping inflation on an even keel.The State Bank of Vietnam will “closely monitor the market situation to manage exchange rates flexibly and appropriately, while synchronously coordinating it with other monetary policy tools to control inflation and ensure macroeconomic stability,” according to a stat
(Bloomberg) -- European cities from Austria to Spain are bracing for the coldest weather in four years, putting further pressure on gas inventories as heating demand increases.The freezing conditions, already gripping the UK and parts of Scandinavia, will spread to continental Europe by the weekend. Salzburg in Austria is forecast to see lows of -15C (5F) on Monday, according to Weather Services International. Madrid is expected to reach -7C, the lowest since 2021. The icy temperatures are pushi
TOKYO (Reuters) -The U.S. dollar eased towards a one-week low versus major peers on Tuesday as traders considered whether President-elect Donald Trump's tariffs would be less aggressive than promised. On Monday, the greenback slid against the likes of the euro and sterling following a report in the Washington Post that Trump's aides were exploring plans that would apply tariffs only on sectors seen as critical to U.S. national or economic security. However, the currency made up some of the ground after Trump denied the report in a post on his Truth Social platform.
Chip stocks rose sharply on Monday, partly due to a solid earnings report from Foxconn, which pointed to continued AI demand.
(Bloomberg) -- It’s hard to overstate the reach CATL has in the world’s electric car market.Most Read from BloombergNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeCan American Drivers Learn to Love Roundabouts?Don’t Shrink the BusIs This Weird Dome the Future of Watching Sports?NYC Congestion Pricing Takes Effect After Years of DelaysContemporary Amperex Technology Co. Ltd., as the company is formally known, ranks among the biggest Chinese firms to ever be blacklisted by the P
Here’s what could be next for Cloudflare.
Here's what could happen next to Apple shares.
Chip stocks including Nvidia, Micron, and ASML surged on Monday after Foxconn reported record fourth quarter revenue, pointing to strong AI demand.