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NatWest profit climbs 20%, Thwaite confirmed as CEO
British bank NatWest confirmed Paul Thwaite as its permanent chief executive on Friday and reported forecast-beating profit for 2023, as it gears up for...
China steps up ‘whitelist’ mechanism for property sector – media
Five state-owned Chinese banks have been matched with more than 8,200 residential projects for development loans under the "whitelist" mechanism aimed at injecting liquidity...
UK Grapples with AI Regulation Amid Growing Calls for Action
Government’s approach: Innovation vs. AI Regulation
At the heart of this debate is the government’s strategy towards AI regulation. Prime Minister Rishi Sunak’s administration prefers...
MicroStrategy inches closer to S&P 500 inclusion
Market performance and eligibility criteria
In recent trading sessions, MicroStrategy (MSTR) has surged, securing the 535th position among the largest publicly listed companies in the...
GoFundMe pulls plug on Tornado Cash legal fund
GoFundMe fundraiser cancellation and reaction
The fundraiser, initiated by Storm to gather resources for their legal battle against U.S. authorities, was halted by GoFundMe on...
German economy to shrink by 0.5% in 2024 -DIHK
Germany's DIHK chambers of industry and commerce expect Europe's largest economy to shrink by 0.5% this year as high energy prices, heavy bureaucracy, a...
UK’s Costa Coffee to give workers 9% pay rise
Britain's Costa Coffee will give over 15,000 hourly-paid workers an average 9% pay increase from April 1, it said on Thursday.
The coffee and sandwich...
European shares climb as positive corporate earnings lift risk appetite
European shares rose on Thursday as investors digested a slew of better-than-expected corporate earnings and UK's GDP data, while comments by European Central Bank...
Genesis authorized to sell $1.6b Bitcoin and Ethereum shares
A Green Light Amidst Bankruptcy Blues
Following a tumultuous period, Genesis found itself at a pivotal crossroads, with the future of its digital assets hanging...
Federal Reserve deliberately pushing back rate cuts
Navigating Through Economic Crosswinds
Right now, the Federal Reserve stands at a critical juncture. The balancing act involves cooling inflation to its target of 2%...
