The crypto exchange-traded products allowed entry to the UK market. Financial Conduct Authority (FCA) said it would not oppose solicitations from accredited investment platforms to establish a market segment in the United Kingdom for exchange-traded notes (ETNs) backed by cryptocurrency.
Sectors
Poland Urges President Biden To Increase ATO Defense Budget Amid Russia-Ukraine War
Polish President Andrzej Duda plans to propose increasing NATO defense spending to 3% of GDP during talks with US President Joe Biden, aiming to fortify the alliance amid tensions, particularly in Ukraine.
Oil Prices Further Declines Due to China's Trade Data and Dollar Surge
Oil prices declined further on Monday as traders awaited new inflation data, with West Texas Intermediate (WTI) and Brent contracts dropping by 40 cents and 35 cents per barrel, respectively.
'Whatever It Takes:' US Commerce Secretary Raimondo Signals Tougher Restrictions on China's Chip Access
US Commerce Secretary aims to restrict China's access to advanced semiconductor tech for military use. Biden administration considers new curbs on Chinese firms.
Tesla Battery Maker Panasonic Considers Major Investment Boost in Kansas Amid EV Market Downtrend
Panasonic Energy is considering a major investment in Kansas amid EV market concerns. The expansion will boost Tesla's 4680 battery production despite slowing demand.
Latest News
President Joe Biden's campaign machine received $10 million in the 24 hours following his Thursday's State of the Union address.
Steve Bannon, a former top adviser to Donald Trump, has suggested that the former president may have been paid off after a change in stance on TikTok.
Nvidia is facing a lawsuit filed by three authors alleging unauthorized use of their copyrighted works to train its NeMo AI platform.
Pfizer is shifting its focus from COVID-related products to cancer drugs. Pfizer is shifting its focus on cancer drugs as the pharmaceutical giant tries to recover from a challenging period due to the decline of its COVID-19 business.
US Cybersecurity Agency (CISA) confirms the breach in February due to Ivanti product weaknesses, prompting disconnection mandates for US government agencies and shutting down the affected systems.
Despite a 24.7% profit drop, Saudi Aramco reported increased dividends in 2023 and billions of investments to keep Saudi Arabia's economy afloat.
Apple has reversed its decision to ban Epic Games on its iOS app store in Europe. Apple has reversed its decision to ban Epic Games on its iOS app store in Europe.
US lawmakers are now scrutinizing the claims that SpaceX's Starlink service is being used in Russia.
Steven Mnuchin, the US Treasury Secretary under former president Donald Trump, has invested in a troubled regional US bank.
