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Every story from the world's financial newsrooms, newest first.
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Strategy cash rebuild wins praise, but bitcoin trading plan lacking
Strategy has successfully eased immediate liquidity pressures under a new capital framework, but analysts warn the lack of systema…
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Colombia's president-elect targets fossil fuel policy reversal
Conservative candidate Abelardo de la Espriella's narrow election win signals a sharp policy reversal for Colombia's energy sector…
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Nigeria targets 2m bpd with strict new oil licences
Nigeria has awarded new oil exploration licences under rigid "drill or drop" rules, raising the stakes for investors as the countr…
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PriceSmart's 80% Rally Masks Valuation and Currency Risks
PriceSmart shares have surged 80% on strong Latin American warehouse expansion, but a rich 37x earnings multiple leaves the stock …
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JPMorgan hikes dividend 10% as mega-bank profits hit records
JPMorgan Chase is raising its quarterly payout to $1.65 per share after passing the Federal Reserve's stress test, signaling that …
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Gold Tests $4,000 as Hormuz Conflict Fuels Rate Hike Bets
Gold prices are fighting to hold a key $4,000 support level as escalating US-Iran tensions in the Strait of Hormuz drive oil highe…
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84% of banks to invest in card tech, Celent report finds
A new Celent report shows 84% of retail banks plan to upgrade card systems, signalling a major infrastructure spending cycle as fi…
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Apple spent $851 billion on share buybacks under Cook
Apple has spent $851 billion on share repurchases since 2012, a capital allocation strategy that generated outsized shareholder re…
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Access Holdings faces N656bn capital gap in Nigeria's new bank rules
Five Nigerian bank holding companies must raise a combined N971.8bn under proposed central bank rules, with Access Holdings facing…
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Hormuz shipping falls to three-week low as security risks deter operators
Vessel traffic through the Strait of Hormuz has plummeted to a three-week low as the collapse of diplomatic ceasefire efforts and …
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Binance Founder Changpeng Zhao Says Bitcoin Outpaces AI as Inflation Hedge
Binance founder Changpeng Zhao argues that Bitcoin’s fixed supply makes it a superior inflation hedge compared to artificial intel…
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Trump vows to add Canadian wildfire pollution costs to tariffs
President Trump’s threat to factor Canadian wildfire smoke into tariffs introduces a volatile new variable to cross-border trade p…
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SpaceX, AST SpaceMobile post deep losses as space race scales
Fiscal 2025 results from SpaceX and AST SpaceMobile show rapid revenue growth but severe cash burn, forcing investors to weigh mas…
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Dollar Holds Steady as Soaring Crude Offsets Falling Treasury Yields
The US dollar finished flat on Friday as rising oil prices and hawkish Federal Reserve signals balanced the downward pressure from…
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Consensys outsourced code to North Korean developer
Blockchain firm Consensys temporarily suspended product releases after discovering a contractor introduced through a trusted third…
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Trump Account Math Masks Permanent Tax Shelter for Wealthy
The White House's projected returns for the new Trump Accounts rely on unrealistic assumptions and effectively function as a perma…
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AI and robotics secure $3.4B in weekly U.S. venture funding
Venture capitalists deployed over $3.4 billion into U.S. startups this week, led by a $1.5 billion round for enterprise AI firm Fi…
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Sports franchises attract record billions as PE structures bypass ownership caps
Record-breaking purchases of sports franchises by billionaires and private equity firms are being driven by unique tax advantages,…
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Crypto miners pivot to AI and staking for revenue
Cryptocurrency companies are diversifying into AI infrastructure and Ethereum staking to offset post-halving mining pressures, whi…
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eVTOL Stocks Slide Up to 62 Percent as Market Reprices Pre-Revenue Risk
Shares of leading electric air taxi developers have plunged this year as mounting operating losses and prolonged certification tim…
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Bitcoin funds break record outflow streak but upside remains limited
Investors poured $287 million into crypto funds last week, ending a record $8 billion exodus, though macroeconomic and geopolitica…
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Nvidia CEO Huang's Jacket Sells for $960,000
A black Tom Ford jacket worn by Nvidia CEO Jensen Huang sold for $960,000 at Sotheby’s, underscoring the immense brand equity of t…
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US Firms Pivot to Cheaper Chinese AI Models Amid Cost Pressures
A growing roster of US companies are adopting cheaper Chinese open-source AI models to manage rising token costs, challenging the …
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Nigeria arraigns three over school kidnapping, illegal mining
Nigeria has charged three suspects with terrorism and illegal mining over a school abduction, highlighting the intertwined securit…