Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Lloyds Banking Group is shutting down an invoice financing service dedicated to small business customers, as reported on December 28 by the Financial Times (FT). The report says that the move came as… Continue reading Lloyds Pulls Invoice Finance Service in Shift Toward Big Clients
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The European Union has recently imposed a €120 million fine on Elon Musk’s social media platform X, formerly known as Twitter, in what is being described as the first major enforcement action under… Continue reading EU Hits X With €120M Fine Over Blue Check Practices
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Sberbank, Russia’s largest bank, announced on December 26 that it is conducting a pilot cryptocurrency miner financing transaction with AO Intelion Data using a self-mined digital currency as collateral. This effectively means that… Continue reading Sberbank Issues Russia’s First Bitcoin-Backed Corporate Loan
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Hyperliquid has attracted market attention recently after 1.2 million of its HYPE tokens were unstaked on December 28, according to reports. The issue lies in the fact that this happened only days ahead… Continue reading Hyperliquid Token Unstaking Rekindles Sell-Pressure Fears
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Nasdaq-listed ALT5 Sigma, a fintech firm offering blockchain-powered technology for digital assets like crypto trading, is now facing renewed scrutiny after a report found that the firm’s newly appointed auditor is barred from… Continue reading ALT5 Sigma Under Scrutiny After Hiring Unlicensed Auditor
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The global push toward clean energy gained fresh momentum this weekend with the announcement of a $20 billion acquisition in the renewable power space. U.S.-based NextEra Energy agreed to acquire a controlling stake… Continue reading Renewable Energy Sector Sees $20 Billion Mega-Deal as Consolidation Accelerates
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The UK financial regulator, the Financial Conduct Authority (FCA), announced last Friday, December 19, that it will grant greater flexibility to the country’s banks when it comes to setting future contactless limits. The… Continue reading UK Banks Get Freedom to Set Higher Contactless Limits
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The Australia and New Zealand Banking Group Limited (ANZ) was ordered by the Federal Court to pay $250 million in penalties last Friday, following four separate proceedings spanning the bank’s Institutional and Retail… Continue reading ANZ Fined $250M After Court Ruling on ASIC Settlement
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. The European Central Bank recently shared a speech by Piero Cipollone, a Member of the Executive Board of the ECB, to a roundtable at Aspen Institute Italia. Published on Friday, December 19, the… Continue reading ECB Sets Out Vision for Digital Euro and Future of Money
Please note that we are not authorised to provide any investment advice. The content on this page is for information purposes only. Klarna, a Buy Now, Pay Later (BNPL) giant and a global digital bank headquartered in Sweden, announced recently that it is teaming up with Coinbase, the largest US crypto exchange. The announcement, published… Continue reading Klarna Teams Up With Coinbase to Add Stablecoin Funding
