Markets

The Cyprus Securities and Exchange Commission (CySEC) recently warned cryptocurrency users against another suspicious company. The firm in question is called IMS Crypto, and according to the regulator, it is an unregulated firm that falsely claims to be in possession...

Plus500 is seeking to grow its presence in the Middle East. The London-based company has said that a new license from the Dubai Financial Services Authority (DFSA) will enable it to grow its regional presence and expand its customer base....

Google's parent company, Alphabet, saw its market value drop by $100 billion on Wednesday after its new chatbot, Bard, shared inaccurate information in a marketing video. Moreover, an event organized by the company to celebrate the launch of this chatbot...

AvaTrade, a forex and contract-for-difference (CFD) brokerage platform whose headquarters are in Ireland, has become the official trading partner for the Aston Martin Aramco Cognizant Formula One (AMF1) team. The brokerage platform has been securing strategic partnership deals to boost...

Global tech firms have not impressed lately, and the start of 2023 emphasized that with a severe drop in shares for numerous firms. The latest examples include Japan’s Nintendo Co Ltd, SoftBank Group Corp, and Sharp Corp. All three companies...

For over a year now, the cost of everything has been on the rise, which has been a nightmare for shoppers, who were able to buy less and less for the same amount of money each time when they went...

SVS Securities wants to cancel its authorization by the UK financial market regulator, the Financial Conduct Authority (FCA). The joint special administrators of this brokerage platform want to ensure that SVS Securities can no longer conduct regulated activities. SVS Securities...

XCritical has integrated the Social Trading solution offered by Brokeree. Brokeree Solutions is a forex technology provider based in Estonia that offers plugins to MetaQuotes trading platforms. The solution will be integrated into the customer relationship management (CRM) system. XCritical...

The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), recently made a move against a trading company known as Argento Wealth Ltd (AWL). The regulator had commenced court proceedings against both the firm and its director, Daniel Willis. According...

Louis Vuitton has partnered with Japanese Yayoi Kusama to release a non-fungible token (NFT) collection. The fashion brand plans to give its customers access to 10,000 digital assets through this partnership. Louis Vuitton partners with Yayoi Kusama for an NFT...

The US dollar showed stability on Monday after a solid US jobs report. The report raised speculations that the Federal Reserve will remain hawkish, which will prop up the dollar. Last week, the Fed raised interest rates by 25 basis...

One of the largest gold producers globally, Newmont Corp, has unveiled a $16.9 billion offer for Newcrest Mining Ltd, another gold mining firm based in Australia. However, investors and analysts are concerned that the offer price is too low, with...

Nissan and Renault are planning to reveal the details of their restructured alliance this week. The two automakers will also answer any queries that the stakeholders might have regarding plans of Renault in the electric vehicle (ERV) business and how...

Andreessen Horowitz’s crypto venture capital unit, a16z, has voted against the proposal to deploy Uniswap v3 on the BNB Chain using Wormhole. The proposal in question was submitted on February 2 by 0xPlasma Labs and is slated to close on...

The United States Federal Reserve will likely have to lift the benchmark rate above 5%, and even ensure that it stays there in order to squeeze too-high inflation out of an economy with the strong labor market, even after almost...