Gold rose over 1% on Friday after fresh US inflation data cemented the prospects of more interest rate cuts this year, while safe-haven demand stemming from geopolitical tensions also lifted bullion. Spot price gained 1.1% to $2,659.98...
Remittances act as a lifeline in developing markets where access to finance is limited. As a result, many organisations are looking to make sending and receiving money from abroad as simple and convenient as possible. The latest to do so are Paysend, the UK payment ecosystem, and Mastercard, the global...
If you’ve had any experience with TikTok in the last few years, you’ve likely become familiar with the app’s e-commerce offerings. The video-sharing site has pushed its shop feature to its users in a variety of ways, through user videos, discounts, and ads. Now, Storfund, a UK-based fintech, is partnering...
Stock futures were little changed on Friday morning, as investors looked ahead to a wholesale inflation reading and quarterly results from major banks. Futures tied to the S&P 500 inched lower by 0.04%, while Nasdaq 100 futures ticked down by 0.1%. Futures linked to the Dow Jones Industrial Average stood 25 points lower. The action follows a...
Tesla (TSLA.O), opens new tab CEO Elon Musk showcased on Thursday a long-awaited robotaxi with two gull-wing doors and no steering wheel or pedals and surprised with robovan, betting on a shift in focus from low-priced mass-market cars to robotic vehicles. At a glitzy unveiling, Musk reached the stage in...
Map of Oman. Detail from the World Atlas. Selective Focus. In a move to offer accredited investors the ability to capitalise on Bitcoin’s long-term growth while ensuring capital preservation, the National Bank of Bahrain (NBB) has launched a new Bitcoin-linked investment product, developed...
UK pharmaceutical giant GSK says it will pay as much as $2.2bn (£1.68bn) to settle thousands of cases in US courts over claims that a discontinued version of its heartburn drug Zantac caused cancer. The firm announced...
Global currency exchange concept, Hand holding world with virtual line effect and dollar yuan yen euro and pound sterling sign. Open banking technology provider, Ozone API, has provided an updated UK open banking model bank for Open Banking Limited (OBL), the implementation entity tasked...
Wall Street stocks advanced on Wednesday with the S&P 500 and the Dow scoring record closing highs after the release of Federal Reserve meeting minutes and ahead of September inflation data and the earnings season. Shares in...
British universal bank, HSBC has partnered with B2B global trade network, Tradeshift to launch a new embedded finance solution that will help its business clients called SemFi by HSBC. SemFi by HSBC has been created to help SME suppliers on e-commerce venues to access digital invoice financing from HSBC. Furthermore, it aims to offer SMEs...
error: Content is protected !!