Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Anglo American is planning to break itself up after the mining group rejected a £34bn takeover bid from rival BHP. The 107-year-old company said on Tuesday it would sell or demerge its De Beers diamond…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Biden administration has told US lawmakers that it intends to sell Turkey $23bn worth of F-16 fighter jets after Ankara formally cleared Sweden’s bid to join the Nato military alliance. The US Department of…
When Fidelity Investments filed for the Ether ETF last year, the asset manager noted a court ruling where judges said the SEC failed to find a cogent reason to reject spot crypto ETF. The United States Securities and Exchange Commission (SEC) has delayed its decision for Fidelity Investment’s Ether ETF bid. Announcing the update on the 18th…
Ramaswamy’s departure from the presidential race leaves a void in terms of a candidate explicitly championing pro-crypto policies. Pro-crypto Republican candidate Vivek Ramaswamy has officially withdrawn from the United States presidential race, marking the end of his nearly year-long campaign. Ramaswamy, who gained attention for his outspoken stance on cryptocurrency and blockchain technology, announced at…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chris Christie is trying to fend off growing pressure to bow out of the 2024 White House race and narrow the field of candidates challenging Donald Trump for the Republican presidential nomination. The former governor…
Tsuji Overview The greenback did not strengthen yesterday in the Asian and European turnover despite the deteriorating conditions in the Middle East, but it did rally as North American participants entered the fray. Indeed, the Dollar Index (SP500, DXY) rose from a marginal new four-day low to a marginally new four-day high. The safe haven…
Toshiba believes that going private may help give the company renewed focus to tackle all of its teeming problems. Japanese multinational electronics company Toshiba Corporation is set to go private after a successful acquisition by a group of buyers led by Japan Industrial Partners. The deal, worth ¥2 trillion ($13.5 billion) will reverse Toshiba’s status…
Trustly acquired SlimPay shortly after launching its data engine – Trustly Azura. Swedish payments firm Trustly has acquired the French recurring payments platform SlimPay as it continues its Europe-wide expansion. SlimPay was established in 2010. Since then, it has grown to become a market leader in recurring payments, allowing digital payments through innovative technologies. While…
mirza kadic Overview The US dollar is recovering today after it was sold following the jobs report before the weekend. It is enjoying a firmer bias against nearly all the G10 currencies. The dollar bloc is faring best, while the Scandis are off close to 0.5%. Most emerging market currencies are also softer, with only…
As of now, Binance retains the majority of the crypto market share despite the regulatory challenges. Binance has withdrawn its application for a crypto license in Germany, citing the changing situation in the global market and regulation. Earlier in June, reports emerged suggesting that the German Federal Financial Supervisory Authority (BaFin) declined the exchange’s license…