Economy
XRP Rally Started 1 Year Ago – And Traders Lost $700 Million In a Flash
XRP price. Image courtesy of BeInCrypto XRP has plummeted to its lowest mark in half a year amidst a major sell-off in the cryptocurrency market, erasing nearly $20 billion in…
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Lasted Economy
Wells Fargo says consumer loan growth to stay muted or drop this year
Wells Fargo's Chief Financial Officer, Mike Santomassimo, recently expressed concerns about the muted growth of consumer loans for the remainder…
A Terrible Track Record on Trade Negotiations
One of the many explanations offered for Trump’s fondness for tariffs is that they serve as a strategic bargaining chip,…
UK to sanction Israeli ministers Smotrich and Ben-Gvir
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK to…
Maggie Beer to divest dairy arm
Australian company Maggie Beer Holdings has recently announced the sale of its dairy subsidiary, Paris Creek Farms, to local group…
EU to target Nord Stream and Russian oil cap in new sanctions package
The European Commission is set to introduce a new set of sanctions against Russia in response to the ongoing conflict…
Qualcomm to acquire Alphawave Semi in $2.4bn deal
Qualcomm, a leading semiconductor company, has recently announced its agreement to acquire UK-based semiconductor company Alphawave Semi in a deal…
Republicans more likely to use it
Senate Majority Leader John Thune (R-South Dakota), Sen. John Barrasso (R-Wyoming), and Senator Mike Crapo (R-Idaho) were seen exiting the…
China’s $1.1tn asset manager becomes star player on ‘national team’
Central Huijin, a subsidiary of China's sovereign wealth fund, has been a crucial player in supporting the country's financial system…