(RTTNews) - Endeavour Mining plc (EDVMF, EDV.L, EDV.TO) said that a contractor colleague passed away on March 6, 2026, following injuries sustained during maintenance activities at the scrapyard of the Mana mine in Burkina Faso. Mining and processing operations remain uninterrupted as Endeavour undertakes a comprehensive internal investigation into the incident. The views and opinions expressed he...
(RTTNews) - Endeavour Mining plc (EDVMF, EDV.L, EDV.TO) said that a contractor colleague passed away on March 6, 2026, following injuries sustained during maintenance activities at the scrapyard of the Mana mine in Burkina Faso. Mining and processing operations remain uninterrupted as Endeavour undertakes a comprehensive internal investigation into the incident. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Darden Wealth Group Inc trimmed its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 183,329 shares of the computer hardware maker's stock after selling 4,235 shares during the period. NVIDIA comprises about 17.9% of Darden Wealth Group ...
Darden Wealth Group Inc trimmed its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 183,329 shares of the computer hardware maker's stock after selling 4,235 shares during the period. NVIDIA comprises about 17.9% of Darden Wealth Group Inc's investment portfolio, making the stock its biggest position. Darden Wealth Group Inc's holdings in NVIDIA were worth $34,206,000 at the end of the most recent quarter. A number of other hedge funds have also recently made changes to their positions in the business. Harbor Asset Planning Inc. bought a new position in NVIDIA in the 2nd quarter worth approximately $28,000. Winnow Wealth LLC bought a new stake in shares of NVIDIA during the second quarter valued at approximately $32,000. Longfellow Investment Management Co. LLC raised its position in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after buying an additional 67 shares during the last quarter. Spurstone Advisory Services LLC purchased a new position in shares of NVIDIA in the second quarter worth $40,000. Finally, Sellwood Investment Partners LLC purchased a new position in shares of NVIDIA in the third quarter worth $50,000. Institutional investors own 65.27% of the company's stock. Get NVIDIA alerts: Sign Up Insider Buying and Selling In other news, EVP Ajay K. Puri sold 200,000 shares of the firm's stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $180.04, for a total transaction of $36,008,000.00. Following the transaction, the executive vice president directly owned 3,618,547 shares of the company's stock, valued at approximately $651,483,201.88. This trade represents a 5.24% decrease in their ownership of the stock. The sa...
(RTTNews) - GSK plc (GSK, GSK.L) and Alfasigma announced a licence agreement under which Alfasigma will acquire worldwide exclusive rights to develop, manufacture and commercialise linerixibat, an investigational ileal bile acid transporter inhibitor being developed for cholestatic pruritus in primary biliary cholangitis. Alfasigma is a global pharmaceutical company with established capabilities i...
(RTTNews) - GSK plc (GSK, GSK.L) and Alfasigma announced a licence agreement under which Alfasigma will acquire worldwide exclusive rights to develop, manufacture and commercialise linerixibat, an investigational ileal bile acid transporter inhibitor being developed for cholestatic pruritus in primary biliary cholangitis. Alfasigma is a global pharmaceutical company with established capabilities in specialty care and rare diseases. Linerixibat is not currently approved anywhere in the world. GSK will receive an upfront payment of $300 million, plus $100 million upon US FDA approval. Also, GSK is eligible to receive $20 million upon EU and UK approval, and up to $270 million in sales-based milestone payments. GSK will also earn tiered double-digit royalties on net sales worldwide. Linerixibat has been granted Orphan Drug Designation in the US, EU and Japan, and priority review in China, for the treatment of cholestatic pruritus in patients with PBC. At last close, GSK shares were trading at 2,043.00 pence, up 0.25%. For More Such Health News, visit rttnews.com. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Oil just smashed through $100 a barrel as the Middle East conflict enters its second week. Ruth Carson breaks down what’s driving the surge as supply fears rattle markets. (Source: Bloomberg)
Oil just smashed through $100 a barrel as the Middle East conflict enters its second week. Ruth Carson breaks down what’s driving the surge as supply fears rattle markets. (Source: Bloomberg)
Crude oil prices have gone hyperbolic since the U.S. and Israel launched attacks against Iran earlier this month. Brent, the main global oil benchmark, is up over 25% to more than $93 a barrel since the war began. Meanwhile, WTI, the primary U.S. oil benchmark, has surged 35% to more than $91 per barrel. Typically, surging crude prices would fuel a similar rally in oil stocks. However, that hasn't...
Crude oil prices have gone hyperbolic since the U.S. and Israel launched attacks against Iran earlier this month. Brent, the main global oil benchmark, is up over 25% to more than $93 a barrel since the war began. Meanwhile, WTI, the primary U.S. oil benchmark, has surged 35% to more than $91 per barrel. Typically, surging crude prices would fuel a similar rally in oil stocks. However, that hasn't been the case. Shares of oil giants ConocoPhillips (COP +0.21%) and Chevron (CVX +0.02%) are only up modestly, while ExxonMobil's (XOM +0.34%) stock has slipped a little. Here's a look at what's going on in the oil market. Why have oil prices spiked? Crude prices have surged in the wake of the war with Iran for two reasons. Iran is a major oil producer. Additionally, the country has targeted oil in retaliation for the war. Iran produces about 3.5 million barrels of oil per day, roughly 4% of global oil production. If the country can't produce oil due to the war, it will have a meaningful impact on supply. However, that's just a drop in the bucket compared to the oil that flows through the Strait of Hormuz in the Persian Gulf. This narrow passageway between Iran and Oman is a major oil chokepoint as 20% of global supplies flow through it each day. Iran has attacked ships carrying oil in the Strait, causing tanker rates to spike and insurance carriers to cancel their policies. As a result, it has virtually stopped the free flow of oil (shipments are down about 90%). While the U.S. is working to provide insurance and escorts to oil tankers, that hasn't solved the bottleneck. Additionally, Iran has attacked some oil infrastructure in the region with drones and missiles. While it hasn't inflicted serious damage, it has caused oil companies to temporarily suspend operations at some key oil fields. What's next for the oil market? The longer Iran prevents oil exports from the Persian Gulf, the higher crude prices will likely go. Goldman Sachs expects oil prices to surge to more th...
Key Points Oil prices have spiked further since the war began. Oil stocks haven't continued their pre-war rally. Oil prices could rise or fall, depending on developments in the war. 10 stocks we like better than ConocoPhillips › Crude oil prices have gone hyperbolic since the U.S. and Israel launched attacks against Iran earlier this month. Brent, the main global oil benchmark, is up over 25% to m...
Key Points Oil prices have spiked further since the war began. Oil stocks haven't continued their pre-war rally. Oil prices could rise or fall, depending on developments in the war. 10 stocks we like better than ConocoPhillips › Crude oil prices have gone hyperbolic since the U.S. and Israel launched attacks against Iran earlier this month. Brent, the main global oil benchmark, is up over 25% to more than $93 a barrel since the war began. Meanwhile, WTI, the primary U.S. oil benchmark, has surged 35% to more than $91 per barrel. Typically, surging crude prices would fuel a similar rally in oil stocks. However, that hasn't been the case. Shares of oil giants ConocoPhillips (NYSE: COP) and Chevron (NYSE: CVX) are only up modestly, while ExxonMobil's (NYSE: XOM) stock has slipped a little. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Here's a look at what's going on in the oil market. Why have oil prices spiked? Crude prices have surged in the wake of the war with Iran for two reasons. Iran is a major oil producer. Additionally, the country has targeted oil in retaliation for the war. Iran produces about 3.5 million barrels of oil per day, roughly 4% of global oil production. If the country can't produce oil due to the war, it will have a meaningful impact on supply. However, that's just a drop in the bucket compared to the oil that flows through the Strait of Hormuz in the Persian Gulf. This narrow passageway between Iran and Oman is a major oil chokepoint as 20% of global supplies flow through it each day. Iran has attacked ships carrying oil in the Strait, causing tanker rates to spike and insurance carriers to cancel their policies. As a result, it has virtually stopped the free flow of oil (shipments are down about 90%). While the U.S. is working to provide insurance and escorts to oil tanker...
Crude oil’s surge above US$100 a barrel could last longer than expected, reshaping investors’ outlook for the global economy and injecting fresh volatility into risk assets as military tensions in the Middle East show no sign of easing, according to analysts. Brent crude jumped 23 per cent to US$114.14 a barrel in London on Monday, while West Texas Intermediate (WTI) rose 24 per cent to US$113.11....
Crude oil’s surge above US$100 a barrel could last longer than expected, reshaping investors’ outlook for the global economy and injecting fresh volatility into risk assets as military tensions in the Middle East show no sign of easing, according to analysts. Brent crude jumped 23 per cent to US$114.14 a barrel in London on Monday, while West Texas Intermediate (WTI) rose 24 per cent to US$113.11. Traders are increasingly pricing in a prolonged supply disruption after Iran closed the Strait of Hormuz last week. Both benchmarks are now trading at levels not seen since 2022, when prices spiked following Russia’s invasion of Ukraine. Advertisement Oil could climb beyond its 2022 peak – and potentially challenge the record set in 2008 – if the Strait of Hormuz, a chokepoint handling about one-fifth of global crude flows, remained closed through March, Goldman Sachs said. The US investment bank last week raised its average price forecast for Brent by US$10 to US$76 a barrel for the second quarter, and lifted its West Texas Intermediate outlook by US$9 to US$71, warning that risks remained tilted to the upside. Advertisement Deutsche Bank said a worst-case scenario could see oil surge as high as US$200 a barrel, a shock that could force central banks to confront a mix of slower growth and stagflation.
Hungary Detains Ukrainians Transporting 10s Of Millions In Cash & Gold Authored by Thomas Brooke via REMIX , Hungarian authorities have detained seven Ukrainian citizens and seized tens of millions of dollars, euros, and gold that were being transported through the country in armored vehicles , triggering the latest diplomatic dispute between Budapest and Kyiv. Hungary’s National Tax and Customs A...
Hungary Detains Ukrainians Transporting 10s Of Millions In Cash & Gold Authored by Thomas Brooke via REMIX , Hungarian authorities have detained seven Ukrainian citizens and seized tens of millions of dollars, euros, and gold that were being transported through the country in armored vehicles , triggering the latest diplomatic dispute between Budapest and Kyiv. Hungary’s National Tax and Customs Administration (NAV) confirmed on Friday that criminal proceedings had been launched on suspicion of money laundering following an operation carried out on March 5. Authorities intercepted two armored cash-transport vehicles traveling through Hungary from Austria toward Ukraine. According to the Hungarian authorities, the vehicles were carrying approximately $40 million, €35 million in cash, and 9 kilograms of gold. Hungarian Foreign Minister Péter Szijjártó said the case raised serious questions about the movement of large quantities of physical cash through the country. “ Since January, a total of $900 million and €420 million in cash has been transported through Hungary, and 146 kilograms of gold bars have also been transported through the country ,” he said, as cited by Magyar Hírlap . “We have a number of serious questions about this. First of all, this is a huge amount of cash, and we wonder why Ukrainians need to transport such a large amount of cash. If it is true that this is a transaction between banks, then the question rightly arises as to why the banks do not settle this between themselves by bank transfer, why it is necessary to transport such a large amount of cash, and why it has to be transported through Hungary,” Szijjártó added. “These questions arise mainly because these cash shipments are accompanied by people who have clear ties to Ukrainian secret services.” 🇭🇺Hungary confirms detaining seven people in an alleged money-laundering probe. Authorities say the case involves $40m, €35m and 9 kg of gold. 🤡 Kiev calls it “hostage-taking.” Western media repeat...
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Asian energy buyers, desperate to secure supplies as the Middle East war enters its second week, are outbidding rivals to lure fuel shipments that were headed to other regions. Five tankers, laden with cargoes including diesel and jet fuel, that were heading west have u-turned in recent days and are now going to East Asia, according to ship-tracking data compiled by Bloomberg. Three of the shipmen...
Asian energy buyers, desperate to secure supplies as the Middle East war enters its second week, are outbidding rivals to lure fuel shipments that were headed to other regions. Five tankers, laden with cargoes including diesel and jet fuel, that were heading west have u-turned in recent days and are now going to East Asia, according to ship-tracking data compiled by Bloomberg. Three of the shipments came from India, and the other two got out of the Persian Gulf before the Strait of Hormuz became effectively closed last week. The reversals highlights how the world’s biggest energy-importing region is being particularly hard hit by the war in the Middle East and the lack of access to oil and fuel from the Persian Gulf. China has asked refiners to curb exports, while long lines have been forming at filling stations across the continent. Fuel prices in Asia have surged in recent days as processors across the region reduce activity rates due to a shortage of crude, while state-of-the-art refineries in the Middle East cut production as storage runs out. Some Asian plants had also planned maintenance before the war broke out, exacerbating the situation. Refineries usually buy crude based on their turnaround plans, meaning they won’t be able to easily raise output. Burri Diesel (110k tons) Arabian Gulf (Feb. 27) Red Sea East Asia Brest Diesel (150k tons) Sikka (Feb. 24) Rotterdam Singapore Aspen Express Clean petroleum product (35k tons) Jubail (Feb. 18) Cape of Good Hope Singapore Advantage Life Jet fuel (100k tons) Sikka (Feb. 28-March 1) Red Sea Southeast Asia Navig8 Honor Jet fuel (65k tons) Sikka (March 1-2) Arab Gulf Southeast Asia