Bitcoin soars 150% in 18 months to hit $41,000 on ETF prospects.
Once more, bitcoin is gaining popularity. For the first time in more than a year and a half, the largest cryptocurrency in the world surged
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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.
Once more, bitcoin is gaining popularity. For the first time in more than a year and a half, the largest cryptocurrency in the world surged
The third-largest listed bank in France, Societe Generale, announced on Monday that it had issued its first “digital green bond” on a public blockchain as
At the COP28 conference, ten of the leading development banks in the world committed to intensifying their climate efforts, but they made no mention of
As part of its ambition to reach $150 billion in net new money or inflow of new funds, annually, Swiss bank UBS intends to increase
As part of a larger attempt to offset China’s rapidly rising influence in the Indo-Pacific, the United States is extending its high-tech military collaboration with
The long-awaited guidelines, which would restrict the amount of Chinese content in batteries eligible for electric vehicle tax credits beginning next year, were released by
To expedite the pharmaceutical company’s entry into the ovarian cancer therapy market, AbbVie is purchasing ImmunoGen in a deal estimated to be worth $10.1 billion.
The globe recently accomplished a significant step towards making up for the deaths caused by heat waves, droughts, and floods. Seen as a significant opening
Signa, the retail and real estate conglomerate, became bankrupt on Wednesday following the failure of desperate attempts to obtain new capital, becoming the largest victim
In an effort to save costs and diversify its supply chain, Walmart is importing more goods into the United States from India and lessening its