Monzo Hits Profitability Milestone, Sets Sights on European Expansion
UK challenger bank Monzo has achieved a significant milestone, reporting its first annual profit since its launch in 2015. This marks a turning point for the digital bank, which...
BlackRock Revises Spot Bitcoin ETF Proposal to Permit Cash Redemptions
The world's largest asset manager, BlackRock, updated its proposed filing for a spot bitcoin...
Spot Bitcoin ETFs – As Good As Gold?
Bitcoin, the original crypto rebel, is racing into the heart of the financial establishment...
Toyota Lobbying India for Hybrid Car Tax Cuts
Japan's Toyota Motor (7203.T) is lobbying the Indian government to cut taxes on hybrid...
Deloitte to Become Sri Lanka’s Second Largest Professional Services Firm After PwC Exit
Accounting giant Deloitte is acquiring some of rival PricewaterhouseCoopers' (PwC) Maldives and Sri Lanka...
Monzo Hits Profitability Milestone, Sets Sights on European Expansion
UK challenger bank Monzo has achieved a significant milestone, reporting its first annual profit since its launch in 2015. This marks a turning point...
BlackRock Revises Spot Bitcoin ETF Proposal to Permit Cash Redemptions
The world's largest asset manager, BlackRock, updated its proposed filing for a spot bitcoin exchange-traded fund, now called IBIT, to allow cash redemptions. That...
Spot Bitcoin ETFs – As Good As Gold?
Bitcoin, the original crypto rebel, is racing into the heart of the financial establishment with an exchange-traded fund that tracks its price. If approved,...
Toyota Lobbying India for Hybrid Car Tax Cuts
Japan's Toyota Motor (7203.T) is lobbying the Indian government to cut taxes on hybrid vehicles by as much as one-fifth, arguing they are far...
Deloitte to Become Sri Lanka’s Second Largest Professional Services Firm After PwC Exit
Accounting giant Deloitte is acquiring some of rival PricewaterhouseCoopers' (PwC) Maldives and Sri Lanka network firms, according to a Deloitte memo seen by Reuters,...
Tesla Refreshes Model Y in China, Keeps Price Competitive
Tesla on Sunday released an updated version of its Model Y in China, with minor changes to the vehicle’s exterior and interior, while keeping...
Mitsubishi Motors to Close China Plant as Sales Plummet
According to the Nikkei newspaper, which cited sources, Mitsubishi Motors is planning to end automobile production in China. The move follows the carmaker’s indefinite...
Germany Relaxes Building Standards to Support Construction Industry
The German government will put on indefinite hold plans to require more stringent building insulation standards, environment minister Robert Habeck told Reuters, to help...
UAW and Detroit Three Automakers Resume Talks, Aim to End Strike
The United Auto Workers and Detroit Three automakers resumed bargaining talks Monday morning as a strike at GM, Ford, and Chrysler-parent Stellantis entered its...
Broadcom Shares Fall as Revenue Outlook Misses Expectations
Amid a deteriorating global economy, where consumer and enterprise spending is falling, AI has emerged as a bright spot for chipmakers. In the case...