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Robinhood Announces Plans to Expand Stock-Exchange Application to U.K.

Nov 30, 2023 09:40 am UTC| Business Fintech Investing

In another bid to grow its business globally, online trading platform Robinhood has revealed its intention to launch its stock exchange application in the United Kingdom. The move aims to provide U.K. investors with access...

Crypto Investment Platforms eToro and M2 Granted Approvals to Operate in the UAE

Nov 29, 2023 07:19 am UTC| Business Fintech

Crypto investment platforms eToro and M2 have received approval to offer their services in the United Arab Emirates (UAE). The ADGM Financial Services Regulatory Authority granted various degrees of approval to both...

Digital Currency Revolution

Standard Chartered Joins China's Digital Yuan Trials, Eyes Cross-Border Payments

Nov 28, 2023 08:37 am UTC| Business Digital Currency Investing Fintech

Standard Chartered has announced its participation in the trials of Chinas digital yuan central bank digital currency (CBDC), known as the e-CNY. This move made Standard Chartered one of the first foreign banks to conduct...

Kraken's Jesse Powell Criticizes SEC Over Legal Action

Nov 21, 2023 11:12 am UTC| Technology Fintech

Jesse Powell, co-founder of the cryptocurrency exchange Kraken, has publicly criticized the United States Securities and Exchange Commission (SEC) following a lawsuit against his company. The SEC has accused Kraken of...

Mastercard, NEC Collaborate to Revolutionize Checkout Experiences with Facial Recognition Technology

Nov 15, 2023 05:15 am UTC| Business Fintech

Mastercard and NEC Corporation have partnered to bring the trust and convenience of facial recognition technology to in-store checkout. Under a Memorandum of Understanding, the partnership will leverage NECs face...

Standard Chartered’s Investment Arm, SBI Holdings to Set Up Digital Asset Joint Venture in the UAE

Nov 10, 2023 05:46 am UTC| Business Fintech Investing

SC Ventures will collaborate with Japanese financial conglomerate SBI Holdings to establish a Digital Asset Joint Venture investment company in the United Arab Emirates (UAE). This partnership aims to capitalize on the...

Visa Launches Global AI Advisory Practice to Unlock the Potential of AI in Payments

Nov 09, 2023 04:15 am UTC| Business Fintech Technology

Visa has announced the launch of its new global artificial intelligence advisory practice. This exciting addition to Visa Consulting Analytics (VCA) aims to provide actionable insights and recommendations to help clients...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Taiwan is experiencing millions of cyberattacks every day

Taiwan stands out as a beacon of democracy, innovation and resilience in an increasingly autocratic region. But this is under growing threat. In recent years, China has used a variety of grey zone tactics to pressure...

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Grayscale's Ethereum ETF Twist: Withdraws Application Days Before SEC Verdict

In a dramatic turn of events, Grayscale shocked the cryptocurrency community by retracting its application for an Ethereum futures exchange-traded fund just days before the SECs looming decision deadline. This cast doubt...

Tesla Cybertruck Incident: Owner's Finger Injury Raises Safety Alarms

In a risky demonstration gone wrong, a Cybertruck owners attempt to prove its safety features backfired, resulting in a finger injury and stirring debates about the vehicles design and safety algorithms. Unexpected...

US Revokes Intel, Qualcomm Licenses Amidst Chip Sales Restrictions on Huawei

In a significant escalation of trade restrictions, the United States has revoked licenses from leading semiconductor manufacturers Intel Corp. and Qualcomm Inc., obstructing Huawei Technologies Co.s access to vital chip...

Binance CEO Discloses $150 Million Bribe Amidst Tensions with Nigerian Government

Binance, the renowned cryptocurrency exchange, disclosed that Nigerian government authorities demanded a staggering $150 million in bribes to quell legal actions against its executives, igniting a fierce dispute between...
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