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UK businesses are preparing for the largest wave of redundancies in a decade as confidence in the economic outlook plummets, driven by tax increases set to take effect in April. The Chartered Institute of Personnel and Development (CIPD) reported that
HSBC is set to announce $1.5 billion in annual cost savings as part of its ongoing restructuring efforts, with significant job cuts already underway. The bank has laid off nearly 40 investment bankers in Hong Kong, including four managing directors,
تكثف الولايات الأمريكية تركيزها التشريعي على العملات الرقمية، حيث قدمت أربع ولايات مشاريع قوانين جديدة تتعلق بالأصول الرقمية هذا الأسبوع وحده. يرفع هذا التطور العدد الإجمالي للولايات التي تدرس التشريعات المتعلقة بالعملات الرقمية في فبراير إلى تسع دول، مما يؤكد
Bitcoin continued its downward trajectory on Monday, declining 0.8% to $96,197, as the cryptocurrency market remained subdued amid the U.S. Presidents Day holiday. With stock and bond markets closed, significant price movements appeared unlikely, extending Bitcoin’s underwhelming start to 2025.
Argentine President Javier Milei is facing significant political fallout after endorsing a cryptocurrency token that quickly skyrocketed in value before crashing, leading opposition lawmakers to threaten an impeachment trial. The token, $LIBRA, was promoted by Milei on social media late
U.S. states are ramping up their legislative focus on cryptocurrency, with four states introducing new bills related to digital assets this week alone. This development brings the total number of states considering crypto-related legislation in February to nine, highlighting an
The European Commission has expressed strong opposition to U.S. President Donald Trump’s proposed “reciprocal” trade policy, calling it a step in the wrong direction. The Commission reaffirmed its commitment to an open and predictable global trading system, emphasizing that such
Etihad Airways has announced the launch of a new route connecting Abu Dhabi’s Zayed International Airport (AUH) to Sochi International Airport (AER), further expanding its global network. The airline will operate three weekly flights to Sochi, a key destination on
Global electricity demand is projected to grow at its fastest rate in recent years, increasing by nearly 4% annually through 2027, according to a new report from the International Energy Agency (IEA) released today. The surge in power consumption is
Goldman Sachs has significantly increased its holdings in cryptocurrency exchange-traded funds (ETFs), accumulating over $2 billion in Bitcoin and Ethereum ETF shares, according to recent U.S. Securities and Exchange Commission (SEC) filings. The investment banking giant now holds approximately $1.3