Taiwan’s central bank announced that it has no timetable for launching a digital currency, warning the process will be “huge and complex”, but it will hold public hearings on ...
The prospect of near-term interest rate cuts is bolstering the case for investors to remain bullish after a run in US stocks that may soon be tested by upcoming corporate ...
Meta Platforms’ (META.O) newest social media offering Threads has over 175 million monthly active users, according to a report by CEO Mark Zuckerberg, published a year after it first launched.
...
German insurers expect to see a lower increase in premium income this year, the German Insurance Association (GDV) said this week, as the life insurance business struggles with a delayed ...
Digital payments have a significantly smaller environmental impact compared to cash transactions, according to a report by the European Digital Payments Industry Alliance (EDPIA).
The study, conducted by Oxford Economics, ...
Investor morale in the eurozone broke an eight-month streak of improvements with a bigger-than-expected decline in July, a survey showed this week, describing the results as a “bitter setback”.
Sentix’...
Carlsberg (CARLb.CO) has agreed to buy British soft drinks maker Britvic (BVIC.L) for 3.3 billion pounds ($4.23 billion), a move the Danish brewer said would forge a UK beverage “powerhouse” ...
German exports fell more than expected in May, due to weak demand from China, the US and European countries, data from the federal statistics office showed this week.
Exports fell ...
Global passenger demand in May 2024 increased by 10.7 per cent compared to the same month in 2023, according to the latest data from the International Air Transport Association (IATA).
The overall demand, ...
The number of homes worth $10 million or more that were sold in Dubai held steady in the first half of the year despite a drop in listings, an industry report ...
Skydance Media and Paramount Global (PARA.O) agreed to merge, the companies announced late on Sunday, scripting a new chapter for one of Hollywood’s oldest studios.
The companies agreed ...
British fintech company Revolut’s CEO Nikolay Storonsky will cash in part of his multibillion dollar stake in the company as part of a $500 million share sale, according to a ...
The pound traded at a three-week high against the euro on Monday, after Sunday’s election in France looked likely to result in a hung parliament that raises the risk ...
French shares fell, the risk premium of French bonds over German rose and the euro dipped on Monday, after elections left France facing a hung parliament and the prospect of ...
Global shipments of augmented reality (AR) and virtual reality (VR) headsets experienced a significant decline of 67.4 per cent year over year in the first quarter of 2024, according to a report ...
The enterprise applications market experienced significant revenue growth in 2023 as artificial intelligence (AI), particularly generative AI (GenAI), began to transform the employee and customer experience of business software.
According to ...
A US stock rally supercharged by excitement over artificial intelligence is drawing comparisons with the dotcom bubble two decades ago, raising the question of whether prices have again been inflated ...
British fintech company Revolut made a record pretax profit of 438 million pounds ($553.81 million) in 2023 on strong user growth and soaring interest-related income, it said on Tuesday, as it looks to ...
Turkey’s central bank is determined to combat soaring prices and will stick patiently to its tight policy stance, Governor Fatih Karahan told Reuters, as a series of aggressive rate ...
Apple (AAPL.O) will get an observer role on OpenAI’s board as part of a landmark AI agreement announced last month, Bloomberg News reported this week.
Phil Schiller, the ...
British manufacturing activity growth slowed last month from May’s 22-month high as ongoing disruption to shipping in the Red Sea contributed to lower demand from overseas customers, according to ...
The Swiss National Bank is open to expanding its pilot project with wholesale central bank digital currencies, governing board member Antoine Martin said on Wednesday.
“We would like to see ...
Bitcoin was set for its biggest weekly fall in more than a year on Friday, as traders fretted over the likely dumping of tokens from defunct Japanese exchange Mt. Gox ...
Eurozone inflation eased last month but a crucial services component remained stubbornly high, likely fuelling concern among some European Central Bank policymakers that domestic price pressures could stay at elevated ...