Westpac to Enable Consumers to Block Accounts
Westpac, a financial institution operating in Australia and New Zealand, plans to allow its customers to block their accounts.
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World Network Reportedly Plans to Add Visa Card Functionality
The World Network, an organization co-founded by Sam Altman and which is part of the blockchain-based ecosystem that includes Worldcoin, is currently negotiating with Visa to add on-chain card features to the organization’s self-custody cryptocurrency wallet.
China Urges Global Business to Resist Protectionism
Chinese Premier Li Qiang said at a gathering of global executives that began in Beijing that the Asian country is ready for possible unexpected shocks and called on the meeting participants to resist protectionism and defend globalization.
China’s Property Market Reportedly Approaches to Stabilizing
This week, UBS analysts expressed the hope that the Chinese real estate market, which in recent years has been in the condition of what can be called a deep and, in a sense, fundamental downturn, is gradually approaching a kind of stabilization point.
Austan Goolsbee Sees Transitory Inflation From One-Time Tariffs
Federal Reserve Bank of Chicago President Austan Goolsbee stated that the inflationary impact of tariffs could be transitory if they were limited in scope.
Google Launches Redesigned Pixel 9a
Google has launched a redesigned version of its budget Pixel phone, updating the chip and battery life.
China’s Economy Demonstrates Positive Results
In China, in the first two months of the current year, growth in consumption, investment, and industrial production was recorded, which exceeded initial expectations regarding the dynamic of the corresponding indicators.
Alphabet to Buy Wiz for $32 Billion
Alphabet, Google’s parent company, announced on Tuesday, March 18, that it would acquire Wiz in its largest deal valued at approximately $32 billion.
UK Economy Demonstrates Decline
The United Kingdom’s economic system showed an unexpected decline in January.
Klarna Files for US IPO
Swedish provider Buy Now, Pay Later (BNPL) loans Klarna filed its prospectus IPO on Friday, March 14, and plans to go public on the New York Stock Exchange under the ticker symbol KLAR.
Gold Prices Reach $3,000
On Friday, March 14, gold prices reached the $3,000 per ounce mark for the first time in history.
US Stocks Rebound
In the United States, stock indexes showed gains on Friday, March 14, as investors tried to stage a rebound to end a rocky week.
Worth Raises $25 Million
Automation-focused fintech platform Worth raised $25 million in new funding.
Corsair Capital Acquires Stake in Platform IDnow
Investment company Corsair Capital has acquired a majority stake in the German IDnow identity verification platform.
US Budget Deficit Increases
The United States’ debt and budget deficit problem worsened during President Donald Trump’s first month in office.
EU Launches Countermeasures Against US Metals Tariffs
On Wednesday, March 12, the European Union launched countermeasures against the United States tariffs on metal imports, announcing its intention to enact its own levies on American goods worth up to 26 billion euros ($28.3 billion).
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