Standard Chartered plans to reduce over 15% of its corporate support roles by 2030 to boost productivity and aims to increase income per employee by 20% by 2028. The bank also raised its return on tangible equity targets to 15% by 2028 and about 18% by 2030, reflecting its focus on sustainable growth and higher returns. This comes after a strong profit gain of 17%, despite a $190 million charge related to the Middle East conflict. The bank continues to leverage growth opportunities in Asia, Africa, and the Middle East, including new initiatives to support supply chains in Africa.
At the Bitcoin 2026 conference in Las Vegas, Canaan Inc. highlighted its advancements in home Bitcoin mining hardware, including the Avalon Mini 3 with integrated heating and the quiet Avalon Q model. These products aim to make home mining more acces...
Conflux (CFX) fell 11% in 24 hours, yet the perpetual funding rate stayed positive, indicating more long traders despite price decline. Binance's top traders showed bullish behavior with a long-to-short ratio above 2, while spot traders added $229,00...
Ethereum (ETH) has faced significant price drops in 2026, partly due to the US-Iran conflict causing oil prices to rise, which inversely affected ETH prices. Analyst Tom Lee considers this a temporary issue and predicts a strong recovery later in the...
Oil prices fell after the US halted military action against Iran, easing war-risk premiums temporarily. However, the closure of the Strait of Hormuz and declining oil inventories continue to support a bullish trend. Technical analysis shows WTI and B...
Manganese X Energy Corp. announced progress on its Battery Hill High-Purity Manganese Project in New Brunswick, aiming to become a key North American supplier of battery-grade manganese for electric vehicles and energy storage. The company highlighte...
