MasterCard mulls cooperation with MetaMask and Ledger
Mastercard is exploring how best to collaborate with self-custody wallet firms like MetaMask and Ledger The company pointed out in a presentation…
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Category: Finance & Tax
In December, BNP Paribas Fortis will increase its savings rates
BNP Paribas Fortis will increase the interest rates on its savings accounts again from December. The Belgian major bank announced this on Wednesday…
Leaders of the ‘Kruger group’ from Borgerhout face up to 17 years in prison: suspect leaves the courthouse immediately before the verdict
The criminal court of Antwerp has sentenced the leaders of a jihadist terrorist group from Borgerhout to prison terms of up to…
UBS claims it is unaware of the DOJ investigation into failures to comply with sanctions
Swiss bank UBS said on Saturday that it is “not aware” of a probe by the US Department of Justice (DOJ) into…
EU economic growth is less rapid than anticipated
According to the European Commission’s projection released on Monday, the economies of the 27 member states of the EU will continue to…
Luxury Goods Giant Toppled As EU’s Most Valuable Firm By Novo Nordisk
Danish pharmaceutical giant Novo Nordisk has overtaken French conglomerate LVMH, the world’s biggest luxury retailer and owner of Louis Vuitton and Dior…
China intensifies campaign to prop up economy
China has stepped up efforts to stimulate the economy and support its currency amid lingering investor concerns about growth prospects The central bank will…
Oil prices increase as China supports the economy and focuses on the tropical cyclone
Monday saw a little increase in oil prices after China announced moves to support its ailing economy, but investors are still concerned…
Asia’s next step away from dollar
Vietnam, the Philippines and Brunei will join other major Southeast Asian economies in an interconnected QR code payment system that aims to reduce reliance on…
Germany runs the risk of returning as the continent’s “Sick Man”
The greatest economy in Europe, Germany, is having difficulty expanding, suggesting that the nation, which has long been seen as the region’s…
Germany burdened with €2.4 trillion in public debt, new all-time high
Ongoing spending to fight the energy crisis and the COVID-19 pandemic has pushed Germany’s public debt to a historic high of nearly…
United Airlines reports record quarterly earnings and raises its full-year forecast
United Airlines Holdings (UAL.O) on Wednesday lifted its full-year profit outlook after posting the highest ever quarterly earnings on booming demand for international travel…
South Korea’s exports fell in June for the ninth consecutive month
South Korea’s exports fell more than predicted in June, extending a nine-month decline, while the trade balance shifted to a surplus for…
Germany’s government debt has reached an all-time high
In the first quarter of 2023, Germany’s government debt reached a new high of €2.4 billion ($2.63 billion), official figures revealed Government…
Somalia, 21 million dollars disappear from the state treasury
The inquiry into corruption in Somali governmental organizations has shown that 21 million dollars have vanished from the state coffers. The stolen…
The United States avoids “bankruptcy,” as the Senate approves raising the debt ceiling!
The US Senate approved the measure to allow the US to continue paying its bills by a vote of 63 to 36.…
Germany falls into recession as high inflation continues to hit the economy
According to the BBC, ongoing inflation has caused Germany to experience a recession for the first three months of this year. Germany…
Argentina’s inflation rate exceeds 108% in a year, fueled by the textile and food industries
Prices climbed 8.4% in April alone, the most in at least two decades. Argentina’s inflation rate reached an all-time high of 108%…
The South African rand has recovered some ground versus the US dollar
JOHANNESBURG, May 15 (Reuters) South Africa’s rand strengthened on Monday, recovering from an all-time low versus the US dollar last week, when…
The debt ceiling and President Biden’s trips abroad
Debt-ceiling talks in the United States might jeopardize President Biden’s intentions to attend the G7 conference in Japan and the four-party summit…