Markets

Lloyds Banking Group is shutting down an invoice financing service dedicated to small business customers, as reported on December 28 by the Financial Times (FT). The report says that the move came as the UK’s largest lenders started shifting their...

The European Union has recently imposed a €120 million fine on Elon Musk’s social media platform X, formerly known as Twitter, in what is being described as the first major enforcement action under the Digital Services Act.  In a post...

Sberbank, Russia’s largest bank, announced on December 26 that it is conducting a pilot cryptocurrency miner financing transaction with AO Intelion Data using a self-mined digital currency as collateral. This effectively means that the bank has extended Russia’s first crypto-backed...

Hyperliquid has attracted market attention recently after 1.2 million of its HYPE tokens were unstaked on December 28, according to reports. The issue lies in the fact that this happened only days ahead of the protocol’s first scheduled team distribution,...

Nasdaq-listed ALT5 Sigma, a fintech firm offering blockchain-powered technology for digital assets like crypto trading, is now facing renewed scrutiny after a report found that the firm’s newly appointed auditor is barred from performing audits. According to reports, the Trump-linked...

The global push toward clean energy gained fresh momentum this weekend with the announcement of a $20 billion acquisition in the renewable power space. U.S.-based NextEra Energy agreed to acquire a controlling stake in European wind and solar developer Ørsted...

The UK financial regulator, the Financial Conduct Authority (FCA), announced last Friday, December 19, that it will grant greater flexibility to the country’s banks when it comes to setting future contactless limits. The announcement said that people could find it...

The Australia and New Zealand Banking Group Limited (ANZ) was ordered by the Federal Court to pay $250 million in penalties last Friday, following four separate proceedings spanning the bank’s Institutional and Retail divisions. The Australian Securities and Investment Commission...

The European Central Bank recently shared a speech by Piero Cipollone, a Member of the Executive Board of the ECB, to a roundtable at Aspen Institute Italia. Published on Friday, December 19, the speech focuses on the future of money...

Klarna, a Buy Now, Pay Later (BNPL) giant and a global digital bank headquartered in Sweden, announced recently that it is teaming up with Coinbase, the largest US crypto exchange. The announcement, published on Friday, December 19, said that the...

A Recent statement published by the Office of the Brooklyn District Attorney says that a Brooklyn man was charged with stealing nearly $16 million by presenting himself as a cryptocurrency exchange rep and scamming users. The statement, published last Friday,...

Union Pacific Corporation announced a new partnership with Norfolk Southern Corporation on Friday, December 19. According to the firm’s press release, the two have filed an application with the Surface Transportation Board (STB) requesting approval to combine the two railroads....

Elon Musk’s 2018 pay package from Tesla, which was once worth $56 billion, was restored last Friday by the Delaware Supreme Court, as reported by Reuters. The report added that the restoration came almost two years after a lower court...

Private equity firms unveiled a series of new deals on Wednesday, highlighting a marked pickup in transaction activity during the final quarter of 2025. Several mid- to large-cap buyouts were announced across healthcare, technology, and consumer sectors, alongside numerous add-on...

Crude oil prices fell sharply on Wednesday after weekly U.S. inventory data revealed an unexpected build, tempering optimism around seasonal demand strength. The Energy Information Administration reported a 3.8 million barrel increase in commercial crude stocks, contrasting with analyst expectations...