Markets

Harley-Davidson, a motorcycle manufacturer, has temporarily suspended production at its plant in Pennsylvania. It is the second time that the company is suspending operations at this plant in over 12 months. The company attributed the latest decision to a shortage...

Bunge Ltd, a grains merchant in the United States, is in the last stages of finalizing a merger with Viterra. The deal between Bunge and Glencore-backed Viterra will support the creation of a trading giant in the agricultural space that...

AstroPay, a global payments provider, has announced plans to maintain its principal partnership deal with Wolverhampton Wanderers Football Club (Wolves) during the 2023/24 Premier League season. The partnership between AstroPay and Wolves started in August 2021. AstroPay renews partnership deal...

LMAX Digital, which is one of the earliest firms that fostered the institutional adoption of cryptocurrencies, is marking its fifth year in operation. LMAX Digital is a part of the LMAX Group, and since its launch, it has set up...

The Philippines is postponing the release of guidelines set to govern the growing crypto industry in the country. The Philippine financial market regulator has said that it needs more time to come up with robust frameworks that will protect crypto...

Barclays is in the process of studying the options available for its global payments activities. The move is part of a broader review being done by the financial institution into the method it has deployed to allocate resources. Barclays explores...

Finnovating, an AI startup company, has unveiled its own Generative Pre-Trained Transformer (GPT). The tool has been created to assist tech companies in performing a wide range of functions, such as finding, matching, and dealing with clients and corporate clients....

Earlier this year, in April, Saxo Bank recorded its lowest monthly forex volumes since December 2021. Before that, in March, the volumes were extremely high, sitting on $155.5 billion within a single month. In April, that figure dropped to only...

Uala, a mobile banking company based in Argentina, recently decided to increase its presence and influence in Mexico. The company announced that it intends to launch a new service — high-yield savings account, which comes only a few weeks after...

Amazon Pay recently revealed a new deal with Affirm, which officially became the first “buy now, pay later” service to Amazon Pay. The service offers clear benefits, such as the users getting the product or service right away and then...

LandFX UK, a subsidiary of LandFX Group, recently released its financial results for the past year. The FCA-regulated company reported a major increase in its pre-tax revenue, stating that its profits rose by 243% last year. The figure skyrocketed from...

The UK recently got a brand new bank called Griffin, which was officially licensed, and it held a Series A funding round. The funding round was a huge success, allowing the institution to raise as much as $13.5 million. The...

As financial technologies continue to evolve, expand, and get deeper into the world of finance, many are excited to see what new possibilities may emerge along the way. This is why NatWest decided to speed up the process of innovating...

Argus Labs, a startup in the crypto gaming industry, has secured $10 million in a seed funding round that was led by Haun Ventures. The other investors that also participated in this funding round include Anagram, Alchemy, Dispersion Capital, and...

Barclays Private Bank released a statement on Monday confirming recent senior appointments. The financial institution has hired these new executives in an initiative that is designed to tap into the massive growth of wealth and family offices across the city-state....