Hilton Food Group's shares surged 14% after the company raised its full-year profit guidance to £66-71 million, beating interim expectations with a £32.8 million adjusted pre-tax profit. The boost came despite margin pressures from U.S. export restrictions on its seafood operations. Shore Capital upgraded its profit forecast and maintained a positive rating, noting operational improvements at the British Seachill fish business and planned expansion with new processing facilities in Canada in 2027. These developments position Hilton Food for growth despite current challenges in seafood margins.
The Bank for International Settlements (BIS) published a working paper on September 2, 2026, detailing a blockchain system built on the XRP Ledger to protect official economic data from alteration. The system creates cryptographic fingerprints of dat...
Strategy sold 6,916 bitcoins at an average price of $62,200 between late June and mid-August to finance dividends and strengthen its financial position. A few weeks later, it repurchased 4,603 bitcoins at a higher average price of $80,318, reflecting...
Standard Chartered has introduced institutional Bitcoin and Ether spot trading in the UAE through its Dubai International Financial Centre (DIFC) branch. This service allows eligible clients to trade deliverable BTC and ETH using the bank’s existing ...
At a Bitwise event attended by about 400 wealth managers, XRP was the cryptocurrency that generated the most audience questions, signaling strong curiosity. However, 67% of attendees currently do not allocate client portfolios to crypto, though 60% e...
Williams-Sonoma reported a 6.7% increase in revenue by capturing market share in a stagnant home furnishings market without relying on heavy discounts. The company's operating margin rose to 17.3%, prompting management to raise full-year guidance and...
