Elon Musk’s artificial intelligence startup, xAI, has filed a high-stakes antitrust lawsuit against Apple and OpenAI, accusing the tech giants of conspiring to create a […]
Why Stablecoins Won’t Save the Dollar
A new narrative has taken hold in the halls of power: the idea that digital "wrappers" around U.S. government debt will preserve American hegemony. Recently, Goldman Sachs’ David Solomon and former Treasury Secretary Steve Mnuchin…
Buy Now, Pay Later (BNPL) Providers Pivot to B2B Model for Continued Expansion
The buy now, pay later (BNPL) industry, which has revolutionised consumer spending habits, is now turning its attention to a new frontier: the business-to-business (B2B) […]
Actively Managed Certificates: A Swiss Solution to a European Problem
Actively Managed Certificates (AMCs) have emerged as a powerful and flexible financial instrument, providing a streamlined way for asset managers to package and distribute their […]
OpenAI in Talks for New Funding, Aiming for Record-Breaking Private Valuation
OpenAI, the high-flying artificial intelligence powerhouse behind the popular chatbot ChatGPT, is in discussions for a new funding deal that could value the company at […]
IMF Warns of Global Growth Slowdown Amid Rising Trade Tensions
The International Monetary Fund has issued a stark warning about the future of the global economy, cautioning that escalating trade tensions and geopolitical fragmentation are […]
Is the Sharing Economy Sustainable?
The sharing economy, which includes platforms such as Airbnb and Uber, has seen explosive growth in recent years. These platforms have disrupted traditional industries by […]
Chinese manufacturer Nio puts Tesla stock under pressure
World leader in EVs under increasing pressure in China. UBS cites better opportunities for investors looking at playing the emerging market Analysts at UBS have […]
Unilever warns of accelerating price increases
Consumer-goods giant releases its quarterly reports and warns that inflation is likely to drive product prices higher and margins lower Unilever’s shares fell 5% after […]
ByteDance profits double in 2020
TikTok’s parent company reports a revenue jump of 111% In an internal memo to staff, ByteDance, the company behind the hit social media video platform […]
Vodafone shares slump as roaming cash dwindles
Vodafone is another company that has been sorely affected by the global pandemic. Whilst it may seem that a company that has communications at its […]