Global companies are set to ramp up their expansion plans this year, after being bogged down in the last few years, as economies recover from the pandemic and firms start to see higher profits and cashflows.
The Nasdaq hovered near its all-time high on Wednesday, helped by a boost from Tesla shares, with investors cheering data that showed a record peak for U.S. factory activity in June.
Regulators have called for more rigorous checks when pulling some Airbus (AIR.PA) jets out of pandemic storage, following flawed cockpit readings that can suggest blocked sensors.
China’s Ant Group sought to draw a distinction on Wednesday between non-fungible tokens (NFTs) available on its platforms and cryptocurrencies currently subject to a crackdown by Beijing, after users expressed confusion.
William Ackman, whose blank check acquisition company struck a deal to buy 10% of Universal Music Group (UMG) last week, is exploring options to increase his stake in the music label and already pushing ahead with his next deal, he told investors on Wednesday.
Trade power tensions, regulatory hurdles and attempts by the West to counter Chinese competition are delaying a return of the 737 MAX in China, frustrating Boeing Co (BA.N) as a potential rival demonstrates its growing influence.
The Bank for International Settlements has given its full backing to the development of central bank digital currencies (CBDCs), saying they are needed to modernise finance and ensure ‘Big Tech’ does not take control of money.
The Nasdaq hit an all-time high on Wednesday, helped by a boost from Tesla’s shares, with investors cheering data showing U.S. factory activity climbed to a record peak in June.
Only 10% of institutional investment firms surveyed by JPMorgan trade cryptocurrencies, with nearly half labelling the emerging asset class as “rat poison” or predicting it would be a temporary fad.
Banks in the European Union must have a 10-year plan spelling out how they will deal with environmental, social and governance (ESG) risks to their bottom line, the bloc’s banking watchdog said on Wednesday.
Global companies are set to ramp up their expansion plans this year, after being bogged down in the last few years, as economies recover from the pandemic and firms start to see higher profits and cashflows.
The Nasdaq hovered near its all-time high on Wednesday, helped by a boost from Tesla shares, with investors cheering data that showed a record peak for U.S. factory activity in June.
Regulators have called for more rigorous checks when pulling some Airbus (AIR.PA) jets out of pandemic storage, following flawed cockpit readings that can suggest blocked sensors.
China’s Ant Group sought to draw a distinction on Wednesday between non-fungible tokens (NFTs) available on its platforms and cryptocurrencies currently subject to a crackdown by Beijing, after users expressed confusion.
William Ackman, whose blank check acquisition company struck a deal to buy 10% of Universal Music Group (UMG) last week, is exploring options to increase his stake in the music label and already pushing ahead with his next deal, he told investors on Wednesday.
Trade power tensions, regulatory hurdles and attempts by the West to counter Chinese competition are delaying a return of the 737 MAX in China, frustrating Boeing Co (BA.N) as a potential rival demonstrates its growing influence.
The Bank for International Settlements has given its full backing to the development of central bank digital currencies (CBDCs), saying they are needed to modernise finance and ensure ‘Big Tech’ does not take control of money.
The Nasdaq hit an all-time high on Wednesday, helped by a boost from Tesla’s shares, with investors cheering data showing U.S. factory activity climbed to a record peak in June.
Only 10% of institutional investment firms surveyed by JPMorgan trade cryptocurrencies, with nearly half labelling the emerging asset class as “rat poison” or predicting it would be a temporary fad.
Banks in the European Union must have a 10-year plan spelling out how they will deal with environmental, social and governance (ESG) risks to their bottom line, the bloc’s banking watchdog said on Wednesday.
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