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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

European stock markets surged to record highs on Monday, driven by strong gains in defense stocks as political leaders in the region prepared for an emergency summit on the Ukraine war. The pan-European STOXX 600 index rose by 0.4%, while

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

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

The European Commission has initiated legal action against Austria and six other EU member states at the European Court of Justice (ECJ) over their failure to implement the EU Non-Performing Loans (NPL) Directive within the required timeframe. The directive, aimed

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