Swiss startup SEBA Crypto AG has raised 100 million Swiss francs ($103 million) to build a bank offering cryptocurrency services to companies and investors while extending traditional banking services to firms in the new industry.
Investors are starting to notice that the stock indexes covering the so-called “Emerging Markets” have been declining steadily. There can always be many reasons for such a development, but the leading culprits these days are slowing growth in the Chinese economy (and China is a dominant customer of businesses in the developing world) and tariff/trade war concerns between China and the U.S.
Addressing climate change isn’t just about moving to cleaner forms of energy anymore. It’s about literally taking out some of the heat-trapping gases already in our skies.
Saudi Arabia's sovereign wealth fund (PIF) plans to pour over $1 billion into the electric vehicle startup Lucid Motors, a potential Tesla rival which hopes to launch commercial production of a luxury sedan in 2020.
Coca-Cola says it’s monitoring the nascent industry and is interested in drinks infused with CBD -- the non-psychoactive ingredient in marijuana that treats pain but doesn’t get you high. The Atlanta-based soft drinks maker is in talks with Canadian marijuana producer Aurora Cannabis to develop the beverages.
57 million people tuned in to watch a recent professional video-gaming (esports) match. That’s almost 3x more than the 2018 NBA finals. […] Massive sums of cash are pouring into this booming sector.
The Mercedes EQC - whose launch program in Stockholm features yoga in a direct appeal to the Millennials who have flocked to Tesla - is the first production model under the carmaker’s electric EQ sub-brand. It will be closely followed by similarly hyped debuts for BMW and Audi.
Trade wars’ targets are China, Canada, and the members of the European Union (EU). But the real conflict in a trade war is not among countries. Rather, it is among different groups within countries that either benefit from or are hurt by trade restrictions.
Chinese property speculators are starting to bet on a rapid improvement in relations between North Korea and the rest of the world, pushing up prices in the border city of Dandong and even spurring buying interest in the world’s most isolated country.