Amid discussions surrounding U.S. President-elect Donald Trump's economic plans, there is a growing concern about the threat of increased inflation in the United States and potential negative impacts on global economic growth. Francois Villeroy de Galhau, the head of the Bank of France and a
The Sohn conference in London brought together some of the most influential hedge fund managers, each presenting their unique investment strategies. Attendees witnessed a variety of approaches, including long bets on undervalued companies, shorts on firms facing structural challenges, and activist
International Business Machines (NYSE:IBM) recently experienced a notable shift in its stock rating as StockNews.com downgraded the company’s rating from “buy” to “hold.” This change was announced on November 22nd, 2024, and represents a significant development in the assessment of IBM’s stock perfo
Rexas Finance (RXS) has quickly become a significant player in the blockchain and cryptocurrency space. The early sell-out of the fifth stage of its presale highlights its substantial market appeal. The company's focus on Real-World Asset (RWA) tokenization—converting physical assets into d
Recent developments in digital payments have brought convenience and speed to financial transactions, but they have also paved the way for sophisticated scams that prey on unsuspecting consumers. A new global survey conducted by FICO illustrates that real-time payment (RTP) scams are on the rise,
SSE plc (LON:SSE) shares surged following the announcement of the company's strong half-year results, where the adjusted earnings per share (EPS) came in at 49.8p, significantly exceeding its initial guidance of at least 45p. The company has reaffirmed its projected full-year EPS target and
As the U.S. election draws to a close, global investors are on edge, anticipating the financial implications of whether Republican Donald Trump or Democrat Kamala Harris prevails. This election is considered one of the most significant in modern U.S. history due to its potential to bring about
In the latest findings from the ACCA (Association of Chartered Certified Accountants) and IMA (Institute of Management Accountants) Global Economic Conditions Survey (GECS), finance professionals worldwide indicate a decline in economic confidence. This downturn marks the lowest point in global
On Wednesday, France's stock market experienced a notable downturn, with the CAC 40 index closing down by 1.10%, hitting a new one-month low. The broader SBF 120 index shared a similar fate, falling by 1.11%. These dips were influenced primarily by significant losses in specific sectors,
Abits Group Inc. (NASDAQ: ABTS), a leading digital data center operator specializing in Bitcoin self-mining in the United States, has provided an in-depth look at its operational and financial achievements for the third quarter ending September 30, 2024. The company, known for its robust mining
