Gold Prices Hit Record High, 2024 Anticipations Are Bullish
Spot gold prices rose to a new record high, expected to remain above $2,000 levels next year, as investors are looking for safe-haven assets.
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Bitcoin Surges to $41K Amind Crypto Market Growth
On Monday morning, Bitcoin exceeded $41,000 for the first time in 19 months, as the crypto market grows on ETF expectations and bets on dovish Fed.
Credit Agricole Reportedly Considers Acquiring Stake in Worldline
The media reports that the French bank Credit Agricole is currently considering the possibility of acquiring a stake in a local payment processing company Worldline.
UAE Commits $30 Billion to Climate Finance
The UAE has announced investments of $30 billion to launch a financing mechanism aimed at forming a kind of base for creating a more transparent system for financing projects to combat climate change.
McKinsey Says About Absence of Signs of Recovery in Consumer Activity in China
Experts from the international consulting company McKinsey said that in the foreseeable future, Chinese consumers do not intend to spend large amounts of money on buying goods, which is why local companies should focus more on strategic planning within their business concepts to master the market, which remains huge, despite various problems.
N26 to Offer Stock and ETF Trading Via Upvest API
A new investment product for stocks and ETF trading created by N26 in partnership with Upvest is expected to launch in the first half of 2024.
Binance: After the Exodus, the Laundry
Changpeng Zhao, the now ex-CEO of Binance, pleaded guilty to breaking sanctions and money laundering. Binance is set to pay $4.3 billion to settle the criminal charges, one of the largest penalties ever obtained by the US from a corporate defendant. Will Binance, US and otherwise, survive the courthouse trashing of its reputation? Will other […]
Morgan Stanley Says Smartphone Sales to Rebound Due to AI
Analysts at Goldman Sachs and Morgan Stanley predict that sales volumes will recover in the smartphone market next year, despite numerous warnings that the current downturn in this commercial space will be long-term and so far has no signs of ending soon.
Mastercard Unveils Gen-AI Assistant Shopping Muse
Advanced generative AI tool by Mastercard reimagines the search and discovery of products in retailers’ digital catalogues.
China’s AI Chipmaker Biren Wins Secures Pledge of $280 Million
The Chinese company Shanghai Biren Intelligent Technology Co., which specializes in manufacturing activities for making chips for use in artificial intelligence systems, received financial funds for 2 billion yuan ($280 million) as collateral from investors.
Judge Blocks TikTok Ban in Montana
Last Thursday, November 30, in the United States, a federal judge’s decision temporarily halted a ban on a virtual platform for creating and watching short videos and online broadcasts of TikTok in Montana, which was supposed to take effect in early 2024.
Australians Increasingly Use Crypto for Retirement Funds
A recent report shows a 400% growth of crypto assets share in “self-managed super funds” used by Australians as a means to secure their retirement life.
Robinhood App Now Available in UK
UK customers can now trade US stocks via Robinhood brokerage without extra commission or foreign exchange fees.
Jack Dorsey Backs Decentralized Bitcoin Mining Project In $6.2M Seed Round
Former Twitter (now X) chief, current Block CEO and avid Bitcoin supporter Jack Dorsey became one of the main investors in a $6.2M seed funding round for OCEAN, a decentralized crypto mining pool startup.
ResponsAbility Launches Climate Investment Strategy for Asia
Swiss firm responsAbility partnered with Germany’s development bank KfW and the Dutch development bank FMO to make an active contribution to carbon dioxide reduction in Asia through targeted climate investments.
Eurozone Inflation Shows Decline
In November, the dynamic of the decline in inflation in the eurozone turned out to be more intense than expected.
