In a move that has raised eyebrows and garnered significant attention, KULR Technology Group, a publicly traded energy company, announced the initial phase of its Bitcoin (BTC) treasury initiative by acquiring 217.18 BTC for approximately $21 million, with an average purchase price of $96,556.53
SBM Offshore's recent announcement of securing US$1.5 billion financing for the Floating Production Storage and Offloading (FPSO) vessel, Jaguar, is a significant development in the offshore industry. This investment, backed by a consortium of sixteen international financial institutions,
Boeing is currently navigating through turbulent operational and financial waters, marked by a combination of labor strikes, persistent production issues, and intense regulatory scrutiny. To address these challenges and stabilize its finances, the aerospace giant is employing a strategic move to
The digital landscape has evolved, bringing new conveniences but also new threats. Among these emerging cyber challenges, smishing—a blend of SMS and phishing—has become increasingly prevalent. Businesses, in particular, face elevated risks from such attacks, which can result in substantial
Environmental, Social, and Governance (ESG) metrics have become pivotal in shaping corporate strategies. A key development in this area is the emergence of ESG controllers, specialists responsible for managing and verifying ESG data. Their growing presence signals a shift in corporate finance
The advent of deepfake technology has introduced a profound new risk for businesses, particularly within the corporate finance sector. Deepfakes, which are digitally fabricated images, videos, or audio recordings created using artificial intelligence, can convincingly mimic real entities. The
