Author: Charlotte

bricks Ibstock (LSE:IBST) said challenging conditions in the UK residential construction market, combined with weather-related disruption, resulted in an estimated 10% decline in like-for-like revenue during the first four months of 2026. Despite the weaker backdrop, the company maintained its share of the UK brick market and reported that brick volumes increased by a high single-digit percentage in April compared with the previous year, with positive momentum continuing into May. Management noted that higher energy and fuel costs continued to place pressure on operating expenses, although the impact was partly offset through hedging measures and disciplined management of production levels,…

Investors looking to trade on Wednesday may be wondering why stock markets are not functioning today. But the stock exchanges, including the Bombay Stock Exchange and the National Stock Exchange of India, are closed on May 28 on account of Bakri Id.Trading across major segments has been suspended for the day. This includes equities, equity derivatives, securities lending and borrowing, currency derivatives and interest rate derivatives.Market activity on both exchanges will resume on Friday, May 29.The commodity derivatives segment, however, will only remain partially closed. Morning trading in commodities will stay shut from 9 am to 5 pm, while the…

Market news shows stablecoins now valued at $318B–$322B, surpassing foreign exchange reserves of 95 countries. Hyperliquid L1 holds $6.79B in stablecoins, with USDC at 95.3% of supply. Tokenized assets hit $350.6B, including funds, commodities, and stocks. Bitcoin market news continues to highlight the rapid growth of digital assets outside traditional banking systems.Stablecoins and tokenized assets are a bigger part of the space now.The crypto market is slowly becoming more mature, with usage and utility being great matters of importance.Stablecoins are bigger than many countries reserves! Source link

FUNDAMENTAL OVERVIEWGold fell to a new two-month low this week as the lack of tangible progress on the US-Iran side and the hawkish Fed risks continue to weigh on the precious metal. Despite the expectations for an imminent deal and the reopening of the Strait of Hormuz, we still haven’t got anything officially. There’s just been lots of noise. Moreover, in the past few days, the US and Iran exchanged limited military strikes, but the US side continues to say that the ceasefire remains intact. On the Federal Reserve side, more and more policymakers are now pushing for dropping the…

Report, conducted by the CMA’s Microeconomics Unit, offers insight into competition in the UK labour market to support wider policy thinking Research finds labour market concentration roughly the same as 20 years ago Around 30% of employees impacted by non-compete clauses Findings support CMA focus on tackling anti-competitive wage-fixing and no-poach agreements between employers The report by the Competition and Markets Authority (CMA) Microeconomics Unit takes a deep dive into trends in the UK labour market, focusing on the impact of competition and employer market power. It seeks to provide insight and evidence to inform not only the CMA’s work,…

On June 12, 2026, SpaceX will list on Nasdaq (ticker: SPCX) at a valuation of approximately $1.75 trillion, raising as much as $75 billion in an offering led by Goldman Sachs and underwritten by more than 20 investment banks. Whether measured by valuation or funds raised, this will be the largest initial public offering (IPO) in the history of human capital markets, far surpassing the 2019 Saudi Aramco record of approximately $29 billion.For the vast majority of investors, this is not an active choice of “whether to buy.” Due to a Nasdaq index rule revision effective May 1, 2026, SpaceX…

TAICHUNG, Taiwan, May 28, 2026 (GLOBE NEWSWIRE) — Origins Network, a Layer 1 blockchain that recently closed an $8M funding round backed by top-tier venture capital firms including Animoca Brands and TB Ventures—alongside strategic support from AWS Cloud and Tencent Cloud—has officially appointed Robles Carlos as its new Chief Executive Officer. Concurrently, the project reaffirmed its commitment to advancing verifiable computing infrastructure, accelerating cross-chain interoperability, scaling decentralized compute, and deepening AI integration.Former McKinsey Consultant Steps Into the Spotlight. Carlos Manuel Publicly Acknowledges CEO Role for the First Time Origins Network has announced the appointment of Carlos as its new C…

Crypto markets have tanked to their lowest levels in six weeks after the US President said he saved it. Former SEC chair Gary Gensler and the “anti-crypto army” nearly destroyed the American crypto industry by driving Bitcoin, crypto perpetuals, and innovation offshore, but “Trump saved it,” the president said on Truth Social on Wednesday. “America is now the crypto capital of the world, and builders and entrepreneurs are coming back to the United States where they belong,” he added. “Under my leadership, we will codify a future-proof digital asset market structure that cannot be undone by the crypto haters.…

China’s insatiable appetite for silver drove overseas purchases to an eight-year high at the beginning of 2026 as importers fueled a spike in industrial and investment demand. Written by: Olumide Adesina • Thursday, May 28, 2026 • 1 min read • Last updated: Thursday, May 28, 2026 Add an article to your Reading ListRegister now to be able to add articles to your reading list.” aria-hidden=”true”> Quick overview China’s silver imports reached an eight-year high in early 2026, driven by strong industrial and investment demand.The largest buyer imported over 790 tons of silver in just the first two months, with…

A spring evening on Broadway in downtown Redwood City on May 3, 2024. Photo by Anna Hoch-Kenney. The regional economic indicators are all over the place: Unemployment is low. Borrowing has slowed. Inflation remains stubbornly above target.  “Our members are just feeling the uncertainty of the economic times that we’re in,” said Wade Painter, CEO of Monterra Credit Union. Monterra has 100,000 members from San Mateo, Alameda, Contra Costa, Santa Clara and San Francisco counties. He will have to make sense of the puzzling picture when the credit union’s shareholders convene for their annual meeting on Thursday, May 28. Monterra…