Today: September 08, 2024
Today: September 08, 2024

Latest From Caroline Valetkevitch

Business|Economy

Stocks inch up, bond yields dip; inflation data ahead

Global stock indexes edged higher on Thursday, while U.S.

Stocks inch up, bond yields dip; inflation data ahead
Business|Economy

Revolut picks new Canary Wharf HQ as it expands headcount

Britain's Revolut is to become the first tenant in a newly refurbished building in London's Canary Wharf financial district, taking on 40% more floorspace for

Business

Goldman Sachs digital asset head says crypto rally driven by retail investors

The recent surge in cryptocurrency prices has been driven by retail investors, but institutions are starting to join in, Goldman Sachs' head of digital assets

Goldman Sachs digital asset head says crypto rally driven by retail investors
Business

Europe's start-ups turn to increasingly complex debt deals as cash dries up

European venture capital-backed companies are signing up to increasingly complex convertible debt deals which risk giving investors more control or bigger

Europe's start-ups turn to increasingly complex debt deals as cash dries up
Business

World stocks at two-year high, U.S. inflation data in focus

European stocks opened higher on Monday and world stocks were steady at their highest in more than two years, as investors waited for U.S. inflation data due

World stocks at two-year high, U.S. inflation data in focus
Business

Illicit crypto addresses received at least $24.2 billion in 2023 - report

At least $24.2 billion worth of crypto was sent to illicit crypto wallet addresses in 2023, including addresses identified as sanctioned or linked to terrorist

Illicit crypto addresses received at least $24.2 billion in 2023 - report
Business

Goldman Sachs digital assets chief sees 'huge appetite' for blockchain assets

Goldman Sachs expects a "significant uptick" in trading volumes of blockchain-based assets within the next one or two years, the bank's global head of digital

Goldman Sachs digital assets chief sees 'huge appetite' for blockchain assets
Business

Crypto firm Tether says it has frozen $225 million linked to human trafficking

Crypto firm Tether said on Monday that it had frozen $225 million worth of its cryptocurrency which it said had been linked to a human trafficking group in

Crypto firm Tether says it has frozen $225 million linked to human trafficking
Business

Analysis-Europe's hard-pressed payment firms face investor exodus

A bleak economic outlook and tougher regulatory scrutiny are proving a final straw for investors in European payments company stocks, with signs some are

Analysis-Europe's hard-pressed payment firms face investor exodus
Economy

European stocks gain as US yield surge pauses

European stocks opened higher on Thursday, after a plunge in oil prices and softer U.S. labour data late on Wednesday helped bring U.S.

European stocks gain as US yield surge pauses
Business|Economy|Technology

Banks say growing reliance on Big Tech for AI carries new risks

The boom in artificial intelligence will increase banks' dependence on big U.S. tech firms, creating new risks for the industry, European banking executives

Banks say growing reliance on Big Tech for AI carries new risks
Business|Economy|Technology

Deutsche Bank ties up with Bitpanda in 'cautious' crypto shift

Deutsche Bank will work with Bitpanda to process customer deposits and

Deutsche Bank ties up with Bitpanda in 'cautious' crypto shift
Business|Technology

Crypto 're-staking' platforms boom as traders chase bigger returns

More than $18 billion worth of cryptocurrency has moved into a new type of platform which offers investors rewards in exchange for locking up their tokens, in

Crypto 're-staking' platforms boom as traders chase bigger returns
Business|Economy|Technology

Venture capital investment in crypto picks up after long decline

Global venture capital investment in crypto companies rose to $2.4 billion in the first three months of 2024, data showed on Monday, in a tentative sign that

Venture capital investment in crypto picks up after long decline
Business|Economy|Technology

Stablecoin Tether steps up monitoring in bid to combat illicit finance

The world's largest stablecoin, Tether, has stepped up monitoring of how its tokens are used in broader crypto markets and payments in a bid to combat illicit

Stablecoin Tether steps up monitoring in bid to combat illicit finance
Economy|Technology

Cryptoverse: TON takes off on Telegram tie-up

A coin called TON has leapt in value in recent months, with investors betting its integration with messenger service Telegram could bring the cryptocurrency to the

Cryptoverse: TON takes off on Telegram tie-up
Business|Science|Technology

Crypto company Tether invests $200 million in brain-chip maker Blackrock Neurotech

Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake in the U.S. brain implant company, Tether said in a statement

Crypto company Tether invests $200 million in brain-chip maker Blackrock Neurotech
Economy|News|Technology

Bitcoin traders shrug off 'halving' to focus on broader market risks

Bitcoin's so-called halving event has had little impact on its price so far, with industry insiders on Monday saying the cryptocurrency's fortunes were more

Bitcoin traders shrug off 'halving' to focus on broader market risks
News|Technology|World

Bitcoin 'halving' has taken place, CoinGecko says

Bitcoin, the world's largest cryptocurrency, on Friday completed its "halving," a phenomenon that happens roughly every four years, according to according to

Bitcoin 'halving' has taken place, CoinGecko says
Uncategorized

European stocks fall on U.S. inflation uncertainty, China worries

European stock indexes fell on Friday and Wall Street futures were flat, after data the previous session showed U.S. consumer prices increased moderately in July, which kept investors cautious ahead of more U.S. numbers later in the session. The consumer price index rose 0.2% last month, the same increase as in June, prompting initial relief in markets on Thursday as some saw the data as lessening the chance of another Federal Reserve rate hike next month. Investor optimism was kept in check by San Francisco Federal Reserve Bank President Mary Daly saying that more progress

European stocks fall on U.S. inflation uncertainty, China worries
Uncategorized

European stocks fall on uncertainty over U.S. inflation

– European stock indexes fell in early trading on Friday after data showed U.S. consumer prices increased moderately in July, which kept investors cautious ahead of more U.S. numbers later in the session. The consumer price index rose 0.2% last month, the same increase as in June, prompting initial relief in markets on Thursday as some saw the data as lessening the chance of another Federal Reserve rate hike next month. Investor optimism was kept in check by San Francisco Federal Reserve Bank President Mary Daly saying that more progress was needed before she would

European stocks fall on uncertainty over U.S. inflation

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