Elon Musk says climate change is exaggerated, but oil and gas are still relevant.
Elon Musk, the founder of Tesla, stated on Saturday that oil and gas should not be vilified in the medium run, but he also stressed
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Apple overtakes Nvidia to become the world’s most valuable company as investors reassess AI’s impact.
JPMorgan, led by Dimon, is poised to become the first bank globally to surpass $1 trillion in assets.
BlackRock’s assets reached a record $15 trillion thanks to ETF inflows and strong markets.
Stripe, Advent bid to acquire PayPal for over $53 billion.
Hungary’s Magyar Fejlesztési Bank gets a €2 billion capital injection with the EU’s approval.
SoftBank, PayPay to rescue Seven & I with $2 billion investment.
UK to regulate BigTech firms to safeguard financial stability.
Swift launches a blockchain ledger with an initial 16 banks to move “tokenized” funds 24 hours a day.
Bank of England says AI poses a growing threat to financial stability.
Korea’s SK Hynix launches a $28 billion US listing, capitalizing on the global AI revolution.
Elon Musk, the founder of Tesla, stated on Saturday that oil and gas should not be vilified in the medium run, but he also stressed
The largest economy in Africa saw a deteriorating cost-of-living issue in November when Nigeria’s annual inflation increased for the eleventh consecutive month to the highest
The International Development Association said on Friday that the World Bank’s fund for impoverished nations intends to lend $750 million for sustainable energy projects in
This week, a 13th U.S. state granted Elon Musk’s social media site X—previously known as Twitter—a money-transmitter license, bringing it one step closer to implementing
On Thursday, the Federal Deposit Insurance Corp.-owned Signature Bridge Bank announced that it had sold 20% of its interest in the business, which was keeping
Fnality, a blockchain-based wholesale payments company, reported on Thursday that shareholders Lloyds Banking Group, Santander, and UBS completed the “world’s first” live transactions that digitally
As part of shock measures that new President Javier Milei claims are necessary to address an economic emergency, Argentina announced on Tuesday a significant depreciation
The World Bank stated on Wednesday that to promote economic growth, Nigeria still needs to stabilize its foreign exchange market and control inflation after removing
Three companies are vying for the mandate to handle JPMorgan Chase’s local custody business in Taiwan and Hong Kong: Citigroup, HSBC, and Standard Chartered. Wall
Governor Kathy Hochul said on Monday that New York State will invest $1 billion to increase chip research in Albany, the state capital, to make