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Tag: Market News

EU Lawmakers to Ban Sales of New Combustion Engine Cars From 2035

On Wednesday, the European Parliament backed a proposal to phase out the sale of new cars with internal combustion engines by 2035 to speed...

Recent Breakthroughs in Autonomous Logistics are Making Waves

HD The Prism Courage, a 122,000-tonne ultra-large natural gas tanker managed by Hyundai’s subsidiary Avikus, has become the first large ship to travel over...

UAE’s Web3 Saga: Cops, Lawyers, and Murders in Metaverse

Finjuris Counsel becomes UAE’s first legal advisory firm to enter the Metaverse. UAE police introduce a metaverse service to provide the public with prompt solutions. Activists...

Open Banking Can Be a Game-Changer for UAE’s Crypto Adoption

The Middle East is one of the fastest growing crypto markets in the world, making up 7% of the global trading volumes. Open Banking can...

Stablecoin-Related Services and Regulations Are Growing Worldwide

Oman Backs Crypto MiningCrusoe Energy, a firm based in the United States specializing in mining Bitcoin with excess natural gas, plans to set up...

Goldman Sachs Seeks a Derivatives Trading Deal With FTX

Goldman Sachs considers the integration of crypto derivation in a deal with FTX.US FTX aims to become ‘futures commission merchants’ and handle derivatives in-house. US Regulators...

Broadcom to Acquire VMware in a $61 Billion Cash-and-Stock Deal

Broardcom Inc announced that it would acquire VMware Inc, a cloud computing company, in a 61 billion USD cash and stock deal. It is the chip...

Russia to Launch Pilot for ‘Digital’ Rouble From April, said its Central Bank

On Wednesday, the Russian Central Bank announced that the country would start a pilot project with a ‘digital’ rouble from April 2023. It added that the...

Social Media Stocks Lost $135+ Billion on Snap’s Profit Warning

On Tuesday, social media stocks lost more than 135 billion USD in market value after Snap Inc sent a profit warning. It added to...

44 Countries Gather in El Salvador to Discuss Bitcoin, Mark of a New Beginning

The existing traditional financial system has failed many countries, leaving them dependent on the US Dollar; however, the meeting in El Salvador demonstrated that...

FTX is Hunting Brokerage Firms Amid Launch of its Stock Trading Services, Says Reports

Reports suggest that FTX, a crypto derivatives exchange, and NFT platform, has met at least three brokerage startups regarding potential acquisitions over the last...

Premium Streaming Subscriptions Persist Amidst Netflix’s Downturn

You’re familiar that the streaming service is currently in turmoil if you’ve been following Netflix recently. According to Antenna data, Netflix had 3.6 million membership...

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