Frasers Group PLC has increased its ownership in German fashion brand Hugo Boss to 47.89% following the close of its voluntary takeover offer. The company secured valid acceptances for over 12 million shares, representing about 17.62% of Hugo Boss's total shares, adding to its existing holdings. This move gives Frasers Group significant control over Hugo Boss, marking a major step in its expansion strategy in the luxury fashion sector. The takeover offer was launched in June 2026 and concluded in August 2026 after the acceptance window closed.
Bitcoin remains near $64,000 amid market uncertainty, holding its role as crypto's benchmark with strong institutional support. Ethereum fell below $1,900 but attracted $103.9 million in U.S. ETF inflows, signaling resilient demand. Solana upgraded i...
Google has won a $10 million bankruptcy auction for Spirit Airlines' internal business data and software, which includes around 100 million emails and 500 million Microsoft Teams messages. The data will be used to improve Google's products and AI mod...
The U.S. SEC is reviewing a proposal to repeal Regulation NMS Rule 611, which currently prevents trades at prices worse than the National Best Bid and Offer (NBBO). The Hyperliquid Policy Center and Douro Labs support the repeal, arguing the rule is ...
Circle's euro-backed stablecoin EURC has surpassed €400 million in circulation after more than doubling its supply over the past year. The token is now supported across major blockchains, exchanges like Coinbase and Kraken, payment networks including...
SUI cryptocurrency is currently trading at $0.6761, slightly down by 0.25% in the last 24 hours, holding just above a key support level. It has fallen 87.3% from its January 2025 high of $5.35. Analyst Michaël van de Poppe identifies the $0.65–$0.67 ...
