Reading, UK – JULY 5, 2021: British High Street Banks stopping account holders buying using or processing crypto related transactions as traditional banking industry declares war on crypto currencies Craig Hastings | Moment | Getty Images European banks have been battered in the wake of U.S. President Donald Trump’s sweeping and more-aggressive-than-anticipated tariffs. The European…
Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company’s IPO at the Nasdaq Market in New York City on March 28, 2025. Brendan McDermid | Reuters Wall Street banks waited a long time for a billion dollar IPO from a U.S. tech company. They’re not making much money from…
Danielle Fugere, president and chief counsel for the shareholder advocacy nonprofit As You Sow, said disclosure is a prerequisite for holding banks to their climate goals. ”We want to understand what it is they’re doing,” she said. Laws like California’s bring to light the financial instability wrought by fossil-fuel-driven climate change and—in theory, at least—discourage financing…
The Reserve Bank of India logo outside its headquarters in Mumbai on Feb. 7, 2025. Indranil Mukherjee | Afp | Getty Images On Friday, the Reserve Bank of India trimmed its repo rate by 25 basis points. A day prior, the Bank of England lowered interest rates by 25 basis points, following the European Central…
The Bank of England on 6 Feb. 2025, in London, England. Richard Baker | In Pictures | Getty Images The Bank of England lowered interest rates by 25 basis points on Thursday, following the European Central Bank’s cut of the same amount on Jan. 30. The Reserve Bank of India is also widely expectedly to…
Samsung Electronics plans to ramp up its on-device AI business, with the aim of exceeding global market growth in the consumer electronics segment this year. The global consumer electronics market for smartphone, TV and home appliances will grow roughly 3% in 2025, Jong-Hee Han, chief executive officer of Samsung Electronics, told CNBC’s Chery Kang. Samsung,…
