Macquarie to Wait Out Volatility Before Divesting More Renewables 
 

The Australian financial giant is aiming to wait out current market volatility before divesting any more renewable-energy assets.

 
Coinbase Strikes $2.9 Billion Deal for Major Crypto Options Platform 
 

The company agreed to acquire Deribit, a push into the highly profitable crypto derivatives market and a move meant to bolster its global growth.

 
Bank of England Cuts Rates After Fed Stands Pat 
 

The Bank of England cut rates, highlighting a growing gap in how global central banks and the Federal Reserve are approaching Trump's tariffs.

 
Carlyle Looks to Europe for Private-Credit Expansion 
 

Less competition for deals and fundraising makes the Continent more attractive as lenders crowd the U.S. market.

 
Car Insurance Rates Were Ready to Drop. Then Tariffs Came Along. 
 

Insurers have slowed requests to regulators for rate decreases.

 
Bank of Canada's No. 2 Official Sounds Alarm on Hedge Fund Holdings of Government Debt 
 

Carolyn Rogers urges hedge funds with sizable Canadian sovereign debt to sharpen risk-management, liquidity strategies.

 
Coinbase Reports Drop in Profit 
 

Earlier in the day Coinbase announced a $2.9 billion cash-and-stock deal to acquire Deribit, a bitcoin options exchange.

 
Celsius's Mashinsky, Former Crypto High-Roller, Gets 12-Year Prison Sentence 
 

Federal prosecutors had sought a sentence of at least 20 years for Alex Mashinsky, who attracted customers-many of them ordinary investors-by urging them to "unbank" themselves and park their savings at Celsius.

 
Why the Fed Isn't Ready to Join Other Central Banks in Cutting Rates 
 

The U.S. faces risks of higher inflation and unemployment. Countries without tax hikes on imports are focused on the hit to growth.

 
One of Warren Buffett's Last Big Bets Is Souring 
 

Berkshire Hathaway has amassed 28% of Occidental Petroleum, but its stock has slumped as U.S. oil prices come under pressure.

(END) Dow Jones Newswires

May 09, 2025 00:00 ET (04:00 GMT)

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