Oman has launched Omanhash, a government-supervised Bitcoin mining pool requiring all licensed miners in the country to participate. The pool started operations with a 10 exahash per second hashrate and is part of a $700 million infrastructure investment linked to Oman Vision 2040, aiming to diversify its economy beyond oil. Managed by Frontier Technologies with support from Enegix Global, this centralized approach gives the government full oversight of mining activity. This move impacts global mining by limiting miners' freedom to choose pools, contrasting with more open markets like the US and Canada.
Man Group PLC disclosed a reduction in its long position in Senior Plc, holding 1.58% of relevant securities as of June 17, 2026. The firm sold shares and reduced its equity swap positions, signaling a strategic adjustment in its investment. This dis...
The S&P 500 fell 1.21% to 7,420.10 after the Federal Reserve signaled a possible interest rate increase later this year, causing investor jitters. Despite the decline, Polymarket traders predict a 98% chance the index will open higher on Thursday, re...
Zalando, Europe's largest online retailer with over 62 million active users, uses the European AI platform Hopsworks to power its demanding AI services. Hopsworks provides a high-performance, secure, and compliant AI Lakehouse infrastructure capable ...
Sompo International has named Henry MacHale as Chief Underwriting Officer and Head of Strategy for its International Markets, covering 22 countries across the UK, Asia-Pacific, Europe, and Brazil. MacHale will focus on enhancing underwriting performa...
Burckhardt Compression has secured a milestone order to supply compressor solutions for the first industrial-scale liquid CO₂ (LCO₂) carrier, part of the Northern Lights Carbon Capture and Storage (CCS) project. This carrier enables efficient, flexib...
