In a world-first, Britain’s top banks have used tokenized deposits to transfer money among themselves. This milestone advances blockchain-backed commercial bank money as a safer
Category: WORLD NEWS
SoftBank raises $11.1 billion via the largest high-yield corporate bond sale globally.
As the digital investment giant looks to finance its massive bet on OpenAI, SoftBank Group has raised $11.1 billion in notes denominated in dollars and
Banking alert: AI shopping bots drive up scams, fraud, and data-privacy risks.
Banks like NatWest and Bank of America stated on Tuesday that using AI agents for online shopping might raise the risk of fraud, scams, and
Qatar Wealth Fund and JPMorgan Strike $20 Billion Investment Deal.
Qatar’s sovereign wealth fund QIA and JPMorgan Asset Management on Monday said there are plans to begin a $20 billion strategic relationship spanning public and
India nets $143.6 billion in foreign currency using a special, low-cost swap facility.
The central bank of India received $143.6 billion in inflows through its FX swap program as of September 18, 2026. The Reserve Bank of India
UN summit opens under the shadow of wars in Ukraine and the Middle East.
This week, world leaders convene in New York for the UN General Assembly, anticipating President Donald Trump’s second consecutive year in office. Discussions will focus
IMF Warns EU: AI will drive growth but stoke economic strain.
An International Monetary Fund research paper states that artificial intelligence might increase European productivity by roughly 1% over a five-year period, but unless governments strengthen
Next-gen Claude: The AI is officially helping Anthropic engineer its own upgrade.
The artificial intelligence lab said on Thursday that Claude from Anthropic is assisting the company in creating the next, more sophisticated version of the model.
The World Bank secures a record $112 billion from private investors.
The World Bank reported on Thursday that it received $112 billion in private financing in the year that ended in June, up from $69 billion
China’s Huawei predicts AI will drive most digital traffic by 2035.
By 2035, autonomous agents are expected to make up over 90% of all AI token traffic worldwide, according to China’s Huawei, necessitating significant increases in
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