The Central Bank of Iran updated the official currency rates for July 1, marking a rise in the rial’s value against 46 foreign currencies, including the US dollar and euro.
U.S. Bitcoin spot ETFs have experienced a sustained nine-day withdrawal streak, totaling $223 million in net outflows, prompting questions about institutional demand.
The proposed $3.7 billion merger between Getty Images and Shutterstock collapsed after UK regulators insisted Shutterstock divest its editorial business, which Getty’s board rejected.
The White House ended tariffs on Moroccan fertilizer to ease supply shortages and curb rising costs for U.S. farmers, highlighting tariff-related price challenges.
Alphabet board member Martin Chavez warns that U.S. AI regulation lacks clarity and consistency, urging stress-test style oversight over piecemeal model reviews amid rising national security concerns.
Iran and the United States engage in Qatar-mediated talks addressing the release of frozen funds and reopening the Strait of Hormuz amid regional tensions and a recent ceasefire.
Ethereum risks its first-ever three consecutive quarters of losses as major players like BlackRock sell while Bitmine aggressively accumulates, keeping the market divided.
Germany’s jobless figures fell unexpectedly below 3 million in June, signaling cautious improvement in Europe’s largest economy despite ongoing labor market fragility.
Three leading U.S. egg producers agreed to a $3.3 million settlement over collusion that inflated egg prices during ongoing shortages, with millions of eggs donated to food banks.
Bank Respublika has finalized a $20 million loan agreement with the OPEC Fund to expand financing for Azerbaijan’s micro, small, and medium enterprises over four years.