Markets

Halifax has announced a partnership deal with Effective Home to enable solar panel sourcing, installation and aftercare. The bank will be rolling out this offering as part of a new trial scheme. Halifax Bank commences trial for solar panel sourcing...

The Italian competition watchdog, AGCM, has imposed a €1.3 million fine against the social and copy trading platform eToro. The agency has claimed that the European subsidiary of eToro shared misleading information about its services. eToro faces a €1.3 million...

XTX Markets, one of the leading algorithmic trading platforms globally, has reported a significant increase in profits generated from its UK-based operations during the 2022 financial year. The profits realized by the company reached £1.095 billion in 2022, increasing by...

Flash, a fintech platform looking to promote financial inclusion in Africa, has raised $6 million in a seed funding round that was led by Addition. The Egyptian fintech offers cashless payment solutions to businesses and customers by giving them access...

Last week, Tesla announced that it had released its highly-anticipated Cybertruck. The vehicle was part of the production line for the electric vehicle (EV) maker in its Texas factory. The launch of this futuristic truck comes amid years of excitement...

Xiaomi, a smartphone maker based in China, is looking to increase its sales in India. Xiaomi wants to increase the sales made on India’s retail outlets, in a significant shift from the previous focus on e-commerce platforms. Xiaomi plans to...

The Russian government has taken full control of the Russian subsidiary of the French yogurt maker known as Danone. The government has also taken control of a stake owned by Carlsberg in a local brewer. Russia takes control of Danone...

The riskiest part of financial markets is also what enables traders to profit from them — their volatility. Since the prices are never stable, but instead they keep going up and down depending on a variety of factors, traders seek...

Charles Schwab, a brokerage company based in the United States, has posted its financial results for the second quarter of the current financial year. The financial results depicted a drop in net income and revenue. Charles Schwab reports a profit...

The Bank of London has submitted a formal application for a European Union Banking License. The bank has also committed to a 200 million euro investment to support its expansion across Europe. Over the next five years, it plans to...

The Centre for Finance, Innovation and Technology (CFIT) has revealed the founding members for the “Open Finance Coalition.” These founding members will work together to demonstrate the power that lies with financial data to boost the efficiency of SMEs and...

Tech giant Apple has announced that businesses in the UK can start accepting in-person contactless payments via Tap to Pay on iPhone devices. This feature will be available to millions of merchants, including small businesses and large retailers. Apple launches...

Swift, BBVA, Iberpay, and other global banks have successfully closed the first pilot program to process payments between different currency areas. The goal behind partnering for the pilot project is to improve the international payments that involve currency exchanges. Swift...

Ripple Labs and its executives recorded a major win on Thursday against the US Securities and Exchange Commission. A US Judge delivered a historic ruling in favor of Ripple and the entire crypto industry. The judgment triggered a significant gain...

The Reserve Bank of Australia (RBA) has appointed Michele Bullock as the ninth governor. Bullock is a long-serving official at the RBA, having started work at the bank as an analyst in 1985. She will be the first female leader...