Finance News – Contract
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Rolls-Royce explores small nuclear reactor unit funding options including IPO
Rolls-Royce is considering various financing methods to support its development of compact nuclear reactor units, potentially involving public investment, as discussions with the g...
Read Full Article →Coventry council to use Palantir AI in social work, Send and children’s services
Coventry council’s yearly agreement with a US-based AI firm, valued at half a million pounds, represents a notable public expenditure amid ethical debates from local social service...
Read Full Article →‘Now I’m classed as a thief’: O2 mobile user hit by double-edged scam
A pensioner was targeted by fraudsters posing as a phone provider, resulting in unexpected charges totaling over £1,000 that threatened to deplete his financial resources.
Read Full Article →Coinbase Loses $300K in MEV Exploit After Misstep With 0x Swapper Contract
A vulnerability in Coinbase’s smart contract allowed automated actors to swiftly withdraw $300,000 by exploiting unauthorized spending permissions granted to a compromised swapping...
Read Full Article →Tesla signs $4.3 billion battery deal with LG, cutting back its reliance on China
Tesla's new multi-year agreement with LG Energy Solution to purchase domestically produced batteries aims to reduce exposure to tariffs and diversify its supply chain away from Chi...
Read Full Article →Super League expansion may put future deal with Sky Sports at risk
The proposed increase in Super League teams may complicate upcoming negotiations with their primary broadcaster, as the network is hesitant to cover the additional costs associated...
Read Full Article →Family-run engineering firm in tiny town celebrates $32m contract win
The local engineering company secured a substantial agreement contributing millions of dollars, expected to support economic growth and infrastructure development within the surrou...
Read Full Article →Boeing defense workers say no to a contract offer — just days before earnings
The potential work stoppage at three major facilities could impact Boeing’s upcoming financial results and investor confidence following a significant recent increase in its stock...
Read Full Article →Polymarket shows 96.3% odds of no rate cut next week despite Trump claiming Fed is ‘ready’ to ease
The high likelihood indicated by Polymarket's contracts suggests that investors expect the Federal Reserve to maintain current interest rates, influencing market strategies and fin...
Read Full Article →Formula E signs World Championship extension with FIA until 2048
The agreement secures long-term stability and potential revenue growth for Formula E by maintaining its unique status as the sole all-electric single-seater World Championship thro...
Read Full Article →CIT officials' actions amounted to 'serious corrupt conduct': watchdog
The investigation revealed misconduct by two former CIT officers in managing a $5 million agreement, highlighting potential financial mismanagement within the institution.
Read Full Article →Manchester City’s record £1bn deal with Puma and the value beyond bottom line
The decade-long agreement with a leading sportswear company not only brings substantial revenue but also enhances the club’s international visibility, attracting further profitable...
Read Full Article →Elon Musk’s Grok chatbot melts down – and then wins a military contract
Despite recent controversies and leadership changes at Elon Musk’s social media company, securing a military deal valued at up to $200 million underscores significant potential rev...
Read Full Article →Sales of UK country houses rise as buyers tempted out by lower prices
Transactions involving UK rural properties valued over £750,000 increased by 7% in June year-on-year, reflecting a potential market rebound influenced by a higher inventory and sof...
Read Full Article →Cyber entrepreneur who wooed pop stars and politicians files for bankruptcy
Despite recently securing a substantial government agreement, the cybersecurity firm ceased operations within months, resulting in significant financial distress and ultimately lea...
Read Full Article →MP Materials won a big rare-earth contract with Uncle Sam, and the stock rockets
Securing a major government contract to develop a new magnet manufacturing facility significantly boosted MP Materials’ market value, reflecting increased investor confidence in it...
Read Full Article →MP Materials Stock Surges 50% on Rare Earths Contract With Defense Department
The recent agreement between MP Materials and the Defense Department has notably boosted investor confidence, leading to a substantial increase in the company’s market valuation an...
Read Full Article →Rolex sponsored Wimbledon stars made to pay for own watches
Although being sponsored by a prestigious watch brand can enhance a tennis player's image, the financial burden of purchasing the timepieces themselves often offsets the perceived...
Read Full Article →TMK drills final Mongolian pilot gas hole amid partnership talks
Completing the last pilot gas well in Mongolia may enhance TMK Energy’s project viability, potentially attracting investment and supporting future production growth through ongoing...
Read Full Article →LeBron James opts into £38m contract as Lakers set for $10bn deal
LeBron James’ decision to remain with the Lakers under a substantial new agreement highlights his ongoing value and coincides with the franchise’s impending multibillion-dollar own...
Read Full Article →Pepe meme creator’s NFT projects hit for $1 million as contract hijackers drain collections
Approximately $1 million was lost from NFT assets connected to Matt Furie and ChainSaw due to unauthorized contract access, as revealed by blockchain transaction analysis last week...
Read Full Article →Crypto firm for Deutsche, Street Street launches private stablecoin contract
The agreement between the companies aims to enhance the use of stablecoins in secure financial transactions, potentially boosting their acceptance and integration within corporate...
Read Full Article →Crypto Custodian Taurus Launches First Stablecoin Contract With Privacy Features
The introduction of this new stablecoin contract integrates advanced privacy measures and regulatory controls, potentially enhancing secure digital asset management and broadening...
Read Full Article →Taurus launches the first private stablecoin contract
The introduction of this innovative stablecoin contract on a privacy-focused platform could influence secure digital transactions and potentially reshape compliance approaches with...
Read Full Article →Stablecoin protocol Resupply loses $9.6M to price manipulation exploit
A vulnerability in ResupplyFi’s smart contract enabled an attacker to alter token valuations, resulting in a loss of $9.6 million from its wstUSR trading platform.
Read Full Article →Conflict of interest allegation hovers over WA cotton venture
The potential ethical concerns surrounding the awarding process of a profitable cotton farming contract in Western Australia have raised important questions about transparency and...
Read Full Article →Congressman is investigating fintech Ramp’s attempt to win $25M federal contract
The inquiry examines whether Ramp, a financial technology company, is being given unfair advantages in securing a substantial government agreement worth millions of dollars.
Read Full Article →L3 Harris tapped to modify Qatari jet as potential new Air Force One after years of Boeing delays
L3Harris Technologies has secured a contract to upgrade a former Qatari Boeing 747, which could serve as a new Air Force One, highlighting significant potential revenue and defense...
Read Full Article →ClearVue to showcase solar glass tech in Tattersalls upgrade
ClearVue Technologies has secured a supply contract to provide solar glass technology for the Tattersalls Club's $300 million upgrade in Sydney's central business district.
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