Markets

Michael Klein, the new investment banking chief at Credit Suisse Group, is expected to lay out his plans for the division this coming week at a meeting in New York. During this meeting, Klein is also expected to address concerns...

Meta has announced it will release a new large language model to researchers. The model is the core software used for a new artificial intelligence system. The launch comes as tech giants compete for artificial intelligence (AI) dominance. Big tech...

The Prime Minister of Canada, Justin Trudeau, has said it was a "terrible mistake" for Google's parent company, Alphabet, to block news content in the country. The tech giant started blocking the said content as it reacted to a government...

Netflix has announced that it will slash the prices of subscription plans in some countries. The reduced prices come as the streaming giant looks for a way to maintain the growth in subscriber numbers as it faces increased competition and...

Taiwan Semiconductor Manufacturing Co (TSMC) plans to build a second chip factory in Japan. This newly constructed chip plant will manufacture five and ten nanometer chips in the second half of the current decade. TSMC to build a second chip...

Boeing has temporarily suspended the deliveries of the 787 Dreamliner jets. The company has halted these deliveries as it conducts more analysis into a fuselage component. The Federal Aviation Administration has also confirmed the development. Boeing halts deliveries for 787...

Mercedes-Benz recentl revealed its new partnership with Google, which will help the company significantly boost its navigational capabilities. According to the partnership announcement, the two will now be capable of enabling “supercomputer-like performance” in every Mercedes-Benz car. The cars will...

After Tesla decided to move its corporate headquarters to Texas, many believed that the electric car maker would leave California entirely. However, Elon Musk, the company’s CEO, stated that this is not the case. Tesla will make California a home...

eToro, a social trading platform based in Israel, has obtained a virtual currency license known as BitLicense. The license has been granted by the New York State Department of Financial Services (NYDFS), and it will allow the brokerage platform to...

Tastyworks, an online brokerage platform, has announced a change of its name from Tastyworks to Tastytrade. The brokerage platform provides retail investors access to various financial instruments such as options, futures, and cryptocurrencies. Tastyworks rebrands to Tastytrade Tastyworks is one...

Sherlock Holmes is one of the most legendary detectives and is linked with solving some of the most complex mysteries reported in London. This detective has inspired many people across Britain. The people who watched Sherlock Holmes have now evolved...

The Hong Kong Securities and Futures Commission (SFC) has announced it will have a public consultation on the regulatory framework for the digital asset industry. The SFC has said that the interested parties wanting to participate in the discussion must...

Booking seats on planes has been a simple matter for years now, but booking them in a way where entire families can sit together was a difficult matter to achieve. What would usually happen is that the companies would displace...

The success or failure of trades in the financial industry depend on many factors, but the quality of the trading tools used is certainly among the high-ranking ones. Users need to have adequate tools for market analysis in order to...

With significant changes happening in the financial industry, the UK’s FCA (Financial Conduct Authority) recently published a new regulation paper. The paper is called “Updating and improving the UK regime for asset management,” and the regulator now seeks to get...