China Shipbuilding announced on September 2 that its controlling subsidiary Guangzhou Shipyard International and China Shipbuilding Trading signed a newbuilding contract on September 1 with a well-known shipowner for 10 LNG dual-fuel car carriers with capacity for 8,200 vehicles each. The contract is worth more than $1 billion and will be paid in U.S. dollars, with deliveries expected between 2029 and 2031, according to Jiemian News. China Shipbuilding said the long contract period means it will not have a material impact on current profit, but it may help improve the company's medium- to long-term market competitiveness and profitability.

Regardless of whether Warsh is in office, the long-term policy pressure on the Federal Reserve will remain on interest rate cuts. Of course, Warsh's announcement of abandoning forward guidance has essentially pushed the policy framework itself into a state of ambiguity.

According to CNBC, Vertiv shares fell less than 1% after the AI infrastructure company announced a $1.45 billion acquisition of UtilityInnovation Group. The deal also includes up to $1.15 billion in additional consideration tied to EBITDA targets over 12- and 24-month periods, according to the company's press release. Vertiv said the acquisition will help data centers secure power faster. Sirius shares rose more than 3% after Deutsche Bank upgraded the stock to buy from hold and set a $45 price target, implying more than 60% upside from current levels. Dell Technologies jumped 8% in premarket trading after beating expectations on both revenue and earnings on Tuesday and lifting its fiscal 2027 forecast, citing strength in its artificial intelligence services business. Palo Alto Networks fell nearly 2% after reporting better-than-expected fiscal fourth-quarter earnings of $1.02 per share, excluding items, on $3.41 billion in revenue, topping LSEG estimates of 98 cents per share and $3.35 billion in revenue. MongoDB dropped around 13% despite posting better-than-expected second-quarter earnings and upbeat guidance. The company earned $1.90 per share, excluding items, on revenue of $772 million, compared with LSEG estimates of $1.61 per share and $734 million in revenue. Credo Technology fell about 9% after its first-quarter non-GAAP gross margin came in at 68%, slightly below the 68.3% estimate from analysts polled by LSEG, even as the company beat expectations on both lines for the quarter.

According to Wallstreetcn, U.S. Treasury Secretary Scott Bessent said Chevron CEO has done an excellent job managing Venezuela assets and that the trade agreement with Canada has had almost no impact on U.S. prices.

According to Jin10, U.K. Prime Minister Andy Burnham promised that his government will ensure fiscal stability but did not rule out further borrowing. He also tried to blame Britain’s elevated government debt on the previous Conservative government. Burnham said during his first prime minister’s questions session since taking office, "This is a government based on fiscal responsibility. We will abide by the fiscal rules." In response to Conservative opposition leader Kemi Badenoch’s question about rising U.K. government bond yields and higher financing costs, he said, "Global market turbulence is caused by the risk exposure they left behind. During her time in government, the debt-to-GDP ratio kept rising."

According to Wallstreetcn, U.S. Energy Secretary Wright said Betancourt has been a competent operator in Venezuela, that the structure will be overseen by the United States and will enforce laws and contracts, and that this will strengthen confidence in the security of Venezuela's laws and contracts; he also said Venezuela's daily output is expected to far exceed 1.5 million barrels by the first half of next year.

Aspen Pharmacare Holdings Ltd. reported higher earnings as the South African drugmaker benefits from a restructuring of its manufacturing operations and expands its presence in the fast-growing weight-loss medicine market, according to Bloomberg.

This article outlines the main protocols currently used in Robinhood Chain and provides an overview of its ecosystem.

AMM was born out of the technical constraints of low throughput and high order modification costs in the early days of blockchain, but it has become one of the most important innovations in transaction mechanisms in the past decade.

Ethena needs a sufficiently hot stock perpetual contract market to achieve high returns, but its entry into the market itself may erode those high returns.

OpenAI says its upcoming Astra model can find and exploit previously unknown security flaws, so it is adding stronger safeguards before release. Astra will initially be limited to selected testers, while OpenAI monitors its activity and restricts capabilities to reduce the risk of misuse.

Webull has launched crypto trading in Canada through Coinbase’s infrastructure, giving customers access to assets such as Bitcoin, Ether and Solana on its existing platform. The move expands Webull’s investment services as crypto ownership in Canada grows, with digital asset ownership rising to 25% this year from 10% in 2023.

To determine whether a chain is good or bad, don't look at what it claims to do, but at what it actually does.

More than $13.5 million sitting in a Premier League bank account has been frozen by the UK’s National Crime Agency as investigators examine whether the funds could be linked to alleged third-party criminality.

Is YZi Labs truly a top-tier VC firm?

The European Central Bank has begun to move these discussions to the level of actual infrastructure.