Markets

The United Kingdom has created a new bill for online safety, which proposed measures that would prevent children from coming to harm on the internet. The bill did not pass as of yet, but experts agree that lawmakers are likely...

With the race to become the dominant force in the world of AI drawing in all of the largest tech firms around the world, Meta has developed plans to outperform competitors, according to sources familiar with the company. The insiders...

The NAGA Group AG posted positive results during the first six months of 2023. The revenue posted by the company during the period came in at EUR 19.5 million. On the other hand, the number of active traders on the...

The Spanish Securities Market Commission (CNMV) anticipates that the additional restrictions it will make on marketing, distribution, and the sale of contracts for difference (CFD) instruments will come into effect on July 20, 2023. The restrictions have received the support...

Payoneer, a fintech company based in Israel, is participating in a new round of layoffs. The payments company has a market capitalization of around $1.7 billion, and it has now announced a plan to lay off 200 employees that comprise...

NatWest Group recently announced that it intends to bring the shutters down on 36 more branches. With the new development, the company will have shut down 143 branches in total in 2023 alone. Not only that, but the company also...

Cornerstone FS, a forex and payments company based in the UK, recently announced its estimated total revenue for the first half of 2023. According to the company, the estimated figure sits at around £3.6 million. While it represents a major...

Cryptocurrency trading is much simpler today than it used to be even a few years ago. It is constantly getting better and simpler in order to make it available to more users, including those who are not tech-savvy. However, simplifying...

Citi has announced the release of a new platform known as CitiDirect Commercial Banking. The launch of this platform is part of a strategic investment plan by Citi. The banking institution plans to use the platform to meet the emerging...

Electric vehicle manufacturers across China have been streaming into Thailand. These manufacturers have committed to making a $1.44 billion investment in production facilities based in the largest auto-making hub in Southeast Asia. The region has been dominated by Japanese companies....

The Saudi National Bank had expressed interest in increasing its stake in Credit Suisse from 9.88% to 40%. However, the bank was barred from making the purchase by the Swiss financial market regulator, FINMA. Saudi National Bank was denied a...

Two of the largest tech companies in China, Alibaba Group and Tencent, recorded a significant increase in share value on Monday. The gains come after a $984 million fine imposed by China against Ant Group was seen to be signaling...

UK Chancellor Jeremy Hunt has said that he was denied a bank account with Monzo in 2022. The Chancellor shared these details to highlight the challenges that are usually faced by people seeking to work in the public space. Jeremy...

eToro, a brokerage platform based in Israel, has renewed its sponsorship deal with SK Slavia Prague. The latter is the oldest football club in the Czech Republic, and it will now be working with eToro for one more season. eToro...

Central banks around the world have been exploring central bank digital currencies (CBDCs). However, in recent years when many central banks have expressed interest in launching these government-backed digital currencies, concerns have mounted over the privacy of these coins. Nevertheless,...