The United States Securities and Exchange Commission issued new guidance on Thursday requiring companies that issue securities to disclose to investors their exposure and risk to the cryptocurrency market. The forecast comes less than a month after FTX, one of… Read More ›
According to the International Energy Agency (IEA), energy produced from renewable sources will overtake energy prepared from coal and will become the world’s largest source of electricity generation by the middle of this decade. The International Energy Agency’s Renewables 2022… Read More ›
According to Standard Chartered, Bitcoin can fall to $5,000 in 2023 in a surprise for the market that investors are under-pricing the virtual currency. If that level is reached, it will represent a roughly 70% drop from Monday’s price of slightly… Read More ›
According to a private-sector business survey, COVID containment measures weighed on demand and operations in China, resulting in the country’s services activity dropping to six-month lows in November. The data further points to a further slowing of economic growth. The… Read More ›
The EU needs to confront “distortions” caused by a $430 billion US plan to incentivize climate-friendly technologies, according to the bloc’s chief. Some EU members have criticized the US Inflation Reduction Act (IRA), raising concerns about the possibility of a trade… Read More ›
The United States and its Asian allies have sanctioned three North Korean senior officials linked to the country’s recent missile tests. This year, Pyongyang launched a record number of ballistic missiles – over 60 – and tested several intercontinental ballistic… Read More ›
Apple CEO Tim Cook has been outspoken in his criticism of Facebook. Meta CEO Mark Zuckerberg is eager to repay the favor. On Wednesday, at The New York Times DealBook summit, Zuckerberg slammed Apple, the most valuable American company, and… Read More ›
The head of the US central bank has said authorities may start to ease up on interest rate hikes as soon as this month, after racing to raise borrowing costs earlier this year. The Federal Reserve has made four hefty… Read More ›
According to detailed data presented on Tuesday, an experimental Alzheimer’s drug from Eisai and Biogen slowed cognitive decline in a closely watched trial but may carry a risk of serious side effects for certain patients. The drug, lecanemab, was linked… Read More ›
Financial firms in the European Union will have to demonstrate how quickly they can recover from a cyber attack as they rely more on ‘cloud computing’ giants such as Amazon, Microsoft, Google, and IBM for key services, the EU said… Read More ›
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