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Bitcoin drops 3% as Ukraine strikes cut 40% of Russia's oil exports, triggering $171M ETF outflows.

Market News
27 Mar 2026
Benzinga
View Source
Bearish
pluang ai news

Ukraine's drone strikes on Russian oil ports have reduced Russia's oil export capacity by 40%, causing significant disruption to global oil supply. This has contributed to rising energy prices and inflation concerns, pressuring risk assets like Bitcoin. As a result, Bitcoin fell 3%, and investors withdrew $171 million from U.S.-listed Bitcoin ETFs, marking the largest single-day outflow in three weeks. The market now watches key Bitcoin support and resistance levels amid shifting institutional sentiment.

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Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo wins major global catering contract with Meta for 130+ sites in 30+ countries

Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...

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Kenmare Resources expects stronger production in H2 2026 after weak H1 results.

Kenmare Resources expects stronger production in H2 2026 after weak H1 results.

Kenmare Resources reported weaker-than-expected production in the first half of 2026 due to commissioning delays at its Wet Concentrator Plant A, with ilmenite output down 40% year on year in Q2. Despite this, shipments increased by 53% as the compan...

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Neutral
4 hours ago
Ramsdens shares jump 13.6% after FirstCash raises takeover bid to £232m

Ramsdens shares jump 13.6% after FirstCash raises takeover bid to £232m

Ramsdens Holdings PLC shares rose 13.6% to 670p following an improved takeover offer from US pawnbroking group FirstCash. FirstCash increased its cash bid to 675p per share from 600p, raising the total offer value to up to £232 million, including div...

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Bullish
4 hours ago
Alphamin Resources shows strong cash flow and low valuation despite risks at its Bisie tin mine.

Alphamin Resources shows strong cash flow and low valuation despite risks at its Bisie tin mine.

Alphamin Resources delivers strong free cash flow from its high-grade Bisie tin mine, maintaining consistent output of 20,000 tonnes per annum. Despite operational risks in the Democratic Republic of Congo, the company trades at a significant valuati...

Market News
Bullish
4 hours ago
Rotork takeover by ABB sparks UK engineering rally amid rising foreign acquisitions

Rotork takeover by ABB sparks UK engineering rally amid rising foreign acquisitions

Rotork PLC agreed to a £4.1 billion takeover by Switzerland's ABB, sending its shares up 67% and boosting the UK industrial engineering sector. The offer includes a 73% premium and an interim dividend, reflecting strong overseas interest in UK manufa...

Company Fundamentals
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