The Governor of India’s central bank, Sanjay Malhotra, issued a strong warning on Friday regarding the rising instances of fraud in digital payments, urging financial institutions to take proactive steps against cyber
The Bank of England’s (BOE) Monetary Policy Committee (MPC) has reduced interest rates to a 19-month low, lowering its benchmark rate by 25 basis points to 4.5%. This marks the lowest rate
A consortium proposing to take Seven & i Holdings Co. private has enlisted Citigroup Inc. and Bank of America Corp. for financing, adding to the growing number of participants in the management
Mondelez International, the parent company of Cadbury, has issued a forecast indicating a larger-than-expected decline in its annual profit, reflecting pressures from higher costs, particularly surging cocoa prices. The warning sent the
US-based insurer King Risk Partners has further solidified its national presence through the acquisition of Barker, Beck, Collins & Kronauge Agency (BBC&K), an independent insurance company based in Dayton, Ohio. While the
British insurance unicorn Marshmallow is close to securing a significant capital injection that would value the company at more than £1.5bn, marking a major milestone despite ongoing challenges in the technology funding
The European Central Bank (ECB) is considering removing the term “restrictive” from its monetary policy stance as early as its next meeting in March, according to sources familiar with internal discussions. This
Tether has expressed disappointment over the delisting of its USDT stablecoin from European exchanges following the implementation of the Markets in Crypto-Assets (MiCA) framework. The company criticised what it described as “rushed
The Japanese yen advanced on Thursday after comments from Bank of Japan (BOJ) Deputy Governor Ryozo Himino reinforced market expectations that the central bank will continue raising interest rates in 2025. The
SoftBank Group Corp. is in discussions to invest between $15 billion and $25 billion in OpenAI, a move that could make the Japanese conglomerate the artificial intelligence company’s largest financial backer. This
