Author: Money Mechanics

picture alliance / Contributor/ picture alliance via Getty ImagesFollow ZDNET: Add us as a preferred source on Google.ZDNET’s key takeawaysAlthough Linux is the king of open-source OSes, there are options.Here you’ll find a few open-source OSes to toy around with.Don’t expect any of these to be viable options for daily use.When you think of open-source operating systems, most likely only one option springs to mind: Linux.That makes perfect sense, given that Linux is the most popular open-source OS on the planet (and starting to catch up with non-open-source OSs). Also: Ready for a Linux laptop? I recommend a Tuxedo to beginners…

(World Oil) – Shell plc has agreed to acquire ARC Resources Ltd. in a deal valued at approximately $13.6 billion, or approximately $16.4 billion including debt. The deal significantly expands Shell’s position in Canada’s Montney shale and boosts long-term oil and gas production. The transaction will add roughly 370,000 boed of production to Shell’s portfolio and approximately 2 billion boe of proved plus probable reserves, strengthening its upstream base and supporting growth through the end of the decade. ARC’s assets are concentrated in the Montney formation in British Columbia and Alberta, one of North America’s most prolific unconventional plays. The acquisition will combine ARC’s acreage with Shell’s…

Actress Leslie Bibb has offered a look inside her ongoing renovation of a historic stone home in upstate New York, two years after she and her partner, Sam Rockwell, closed on the stunning abode.Bibb, 52, and Rockwell, 57, who have been in a relationship since 2007, purchased the property—which was built in the 1750s—in 2024 and embarked on a gut renovation of the dwelling the following year.Now, the actress has shared a progress update on the work being done, while also sharing some sweet snaps of her “White Lotus” co-star Aimee Lou Wood being given a tour of the gutted…

We just covered the 14 Best Low Risk High Growth Stocks to Buy Right Now and HSBC Holdings plc (NYSE:HSBC) ranks 4th on this list. HSBC Holdings plc (NYSE:HSBC) HSBC has successfully offloaded underperforming western assets, including retail divisions in Canada, France, and parts of the US, to double down on the high-growth corridors of Asia and the Middle East. In early 2026, revenue from its wealth management fees rose 20%, while insurance income jumped 49%. By focusing on new networks in Hong Kong, Singapore, and the UAE, HSBC is capturing the rapid wealth creation of the Asian middle class.…

The Pacific Catastrophe Risk Insurance Company (PCRIC) has made two separate cyclone payouts, one being an ex-gratia payment of FJD 1.2 million (US $545,000) to the Government of Fiji following tropical cyclone Vaianu, and a $500,000 payout to the Government of the Solomon, after its parametric insurance policy was triggered by cyclone Maila.Cyclone Vaianu brought severe winds, and significant flooding impacts across the Western division of Fiji in early April. “While the event did not meet the parametric thresholds required to trigger Fiji’s insurance policy, it came close,” the insurer explained in a LinkedIn post. Given the scale of hardship that…

Snabbit, an Indian on-demand home services startup, has closed a $56 million funding round, confirming TechCrunch’s earlier report. Co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments’ Unicorn Growth Fund, and Bertelsmann India Investments, the company’s Series D round values the Bengaluru-based startup at around $350 million, according to a person familiar with the matter. That’s up from $180 million about six months ago. Existing investors Nexus Venture Partners and Lightspeed also participated, alongside FJ Labs. The company has raised about $112 million in total. Founded in 2024, Snabbit said it is now processing over 40,000 jobs daily across a…

Link to Report: Macro Volatility DigestWHAT STANDS OUT:Implied volatilities increased across asset classes last week amidst the geopolitical overhang created by the instability of commercial transit along the Strait of Hormuz and mixed signals from Iranian hard-liners undermining the country’s appetite for a resumption of peace talks. Equity, rates, credit, and FX implied volatilities all posted modest gains (see Exhibit 1), with the VIX® Index ending the week 1.25 pts higher to 18.7% – despite the fact that the S&P-500® has rallied to record highs for a YTD return of +4.7%.Our VIX decomposition analysis (Exhibit 2) showed that the “spot…

The age of first-time homebuyers keeps climbing. In 1991, the median first-time buyer was 28 years old. By 2010, it was 30. As of 2025, it’s an even 40.For a lot of people in that age bracket, the milestone comes with an uncomfortable question they’re starting to hear about many aspects of their lives: Aren’t you getting a little old for this?We tend to think of homebuying as a younger adult’s game because traditionally it has been. But high interest rates, elevated prices, and delayed saving timelines—shaped by the Great Recession, student debt, and the COVID-19 pandemic—have pushed homeownership further…

Stay informed with free updatesSimply sign up to the Hedge funds myFT Digest — delivered directly to your inbox.The multi-strategy hedge fund Jain Global plans to return cash to investors after a tough start following its splashy launch. The eponymous hedge fund founded in 2024 by former Millennium co-chief investment officer Bobby Jain is instead entering into a deal to exclusively manage money for Millennium, according to an internal memo. The hedge fund plans to return investor capital in the third quarter of this year, according to one person familiar with the matter.“Scale is paramount in this industry,” Jain said…

Energy prices and geopolitical risks keep the US dollar strong despite mixed macro signals. Fed outlook and inflation data likely decide next move in US dollar index. Break above 100 tightens global liquidity and raises pressure on risk assets. The recent squeeze in the US dollar reflects wider tensions in the global economy. Energy risks from the Middle East remain high, and fuel prices stay elevated. At the same time, inflation is still a concern, which makes it harder for the Fed to decide its next steps. Other major central banks also face similar challenges, and the US economy is…