Global Financial News
How To Protect Your Small Business From Cyberattacks (And Their Financial Fallout)
Cyberattacks can have devastating effects on a business. They can even have the potential to send your business into a financial
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UK inflation hits new 40-year high of 10.1% as food and energy price surge continues
KEY POINTS The consumer price index rose 10.1% annually, according to estimates published by the Office for National Statistics on Wednesday, above a consensus forecast
How Sri Lanka’s economic collapse raises alarm bells for other emerging markets
During the 2010s, Sri Lanka had one of the fastest-growing economies in Asia. Things took a 180-degree turn at the end of the decade as the country’s
Japanese giant SoftBank dumps its entire stake in Uber as losses mount at its investment unit
KEY POINTS SoftBank said that it sold its Uber holdings at some point between April and July at an average price of $41.47 per share.
China’s export growth gains steam despite weakening global demand
KEY POINTS China’s export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its struggles to recover from a
Twitter wins bid for expedited trial to force Musk to close $44 billion acquisition
KEY POINTS Twitter won its motion for an expedited trial in its lawsuit against Elon Musk on Tuesday. Delaware Court of Chancery chancellor Kathaleen McCormick
China holdings of U.S. debt fall below $1 trillion for the first time since 2010
KEY POINTS China’s portfolio of government debt in May dropped to $980.8 billion, according to Treasury Department data released Monday. It marked the first time
G-20 meeting ends without full consensus; food security and inflation top agenda at Bali meeting
KEY POINTS Finance chiefs at the G-20 meeting have “strongly condemned” the war in Ukraine and expressed concern over an “alarming increase of food and
JPMorgan CEO Dimon sums up U.S. economy in one paragraph — and it sounds bad
KEY POINTS On the one hand, Dimon said the U.S. “economy continues to grow and both the job market and consumer spending, and their ability
U.S. Inflation Gauge Jumps to Fresh 4-Decade High of 9.1%; Bitcoin Falls
The new Consumer Price Index (CPI) reading keeps pressure on the U.S. central bank to further tighten monetary policy aggressively at its next meeting later
Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as
Bank of England’s Bailey warns global economic outlook has ‘deteriorated materially’
KEY POINTS The Bank of England said Tuesday that the global economic outlook has “deteriorated materially” and warned of possible further shocks to come. Governor
Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam
A new report issued by Mastercard, the payment processing giant, has found that most consumers in Latam have knowledge of what cryptocurrency is. The report
Societe Generale Selects Swiss Crypto Custody Specialist Metaco for Security Token Push
Big banks and custodians have entered the “FOMO” stage when it comes to crypto, said Metaco CEO Adrien Treccani. French lender Societe Generale (GLE) has
Market Wrap: From GBTC Discount to Short Bitcoin ETF, Traders See Reasons for Optimism
It’s hard to imagine that data showing traders piling into a trade designed to profit from further bitcoin price declines might be bullish, but that’s
Bitcoin in Zimbabwe: Importing cars and sending money to family
A young Zimbabwean Bitcoiner built out a business with Bitcoin — importing cars and sending remittance payments — when he returned to his homeland during
More from global financial news
UK inflation hits new 40-year high of 10.1% as food and energy price surge continues
KEY POINTS The consumer price index rose 10.1% annually, according to estimates published by the Office for National Statistics on Wednesday, above a consensus forecast
How Sri Lanka’s economic collapse raises alarm bells for other emerging markets
During the 2010s, Sri Lanka had one of the fastest-growing economies in Asia. Things took a 180-degree turn at the end of the decade as the country’s
Japanese giant SoftBank dumps its entire stake in Uber as losses mount at its investment unit
KEY POINTS SoftBank said that it sold its Uber holdings at some point between April and July at an average price of $41.47 per share.
China’s export growth gains steam despite weakening global demand
KEY POINTS China’s export growth unexpectedly picked up speed in July, offering an encouraging boost to the economy as its struggles to recover from a
Twitter wins bid for expedited trial to force Musk to close $44 billion acquisition
KEY POINTS Twitter won its motion for an expedited trial in its lawsuit against Elon Musk on Tuesday. Delaware Court of Chancery chancellor Kathaleen McCormick
China holdings of U.S. debt fall below $1 trillion for the first time since 2010
KEY POINTS China’s portfolio of government debt in May dropped to $980.8 billion, according to Treasury Department data released Monday. It marked the first time
G-20 meeting ends without full consensus; food security and inflation top agenda at Bali meeting
KEY POINTS Finance chiefs at the G-20 meeting have “strongly condemned” the war in Ukraine and expressed concern over an “alarming increase of food and
JPMorgan CEO Dimon sums up U.S. economy in one paragraph — and it sounds bad
KEY POINTS On the one hand, Dimon said the U.S. “economy continues to grow and both the job market and consumer spending, and their ability
U.S. Inflation Gauge Jumps to Fresh 4-Decade High of 9.1%; Bitcoin Falls
The new Consumer Price Index (CPI) reading keeps pressure on the U.S. central bank to further tighten monetary policy aggressively at its next meeting later
Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as
Bank of England’s Bailey warns global economic outlook has ‘deteriorated materially’
KEY POINTS The Bank of England said Tuesday that the global economic outlook has “deteriorated materially” and warned of possible further shocks to come. Governor
Mastercard Report: 51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam
A new report issued by Mastercard, the payment processing giant, has found that most consumers in Latam have knowledge of what cryptocurrency is. The report
Societe Generale Selects Swiss Crypto Custody Specialist Metaco for Security Token Push
Big banks and custodians have entered the “FOMO” stage when it comes to crypto, said Metaco CEO Adrien Treccani. French lender Societe Generale (GLE) has
Market Wrap: From GBTC Discount to Short Bitcoin ETF, Traders See Reasons for Optimism
It’s hard to imagine that data showing traders piling into a trade designed to profit from further bitcoin price declines might be bullish, but that’s
Bitcoin in Zimbabwe: Importing cars and sending money to family
A young Zimbabwean Bitcoiner built out a business with Bitcoin — importing cars and sending remittance payments — when he returned to his homeland during
