Robinhood and Susquehanna are moving deeper into the prediction markets industry by taking over LedgerX, a regulated US derivatives exchange previously linked to FTX. The deal gives both firms direct access to the core infrastructure used to list and clear event contracts at a time when interest in regulated speculation…
The Nifty 50 Index has jumped to a record high this year despite the Indian economy facing major challenges, including tariffs, retail investors selling, and a plummeting rupee. It was trading at ₹26,167 on Wednesday, a few points below the all-time high of ₹26,260.Indian retail investors are dumping sharesThe Nifty…
Italy’s antitrust regulator has widened its investigation into Meta Platforms after identifying new concerns linked to the company’s artificial intelligence tools on WhatsApp.The latest move shifts the case beyond the original scope set earlier this year, focusing on how Meta’s updated WhatsApp Business Solution terms and its expanded AI features…
Uber has taken another step in its global autonomous strategy by activating fully driverless rides in Abu Dhabi, using WeRide’s technology to anchor its Middle East expansion. The service went live on Wednesday and makes the United Arab Emirates capital the first city in the region where Uber is offering…
Volatility in energy markets, especially oil prices, is far from over amid the uncertainty surrounding the peace deal between Russia and Ukraine. Last Friday, the West Texas Intermediate oil prices fell to their lowest level of $56 per barrel in a month after having traded close to $61 earlier in the…
Europe is juggling economic strain, shifting security risks and major legal shifts this week.In London, Chancellor Rachel Reeves is wrestling with a £20 billion budget gap and tough choices ahead of the 2025 fiscal plan.On the continent, Ukraine signals fresh openness to a US-backed peace deal while still bracing for…
Global markets were buzzing today as Washington hinted at a potential reset with Beijing, Nvidia hit back at sharp accusations from Michael Burry, and the UK moved to lift wages for millions despite business pushback.Crypto traders also had plenty to chew on, with Bitcoin inching toward a key breakout level…
Defying the broader slump in energy prices, the cost of EU emissions trading is on an upward trajectory, having climbed a solid 9% since the start of the year, with Commerzbank AG analysts predicting this trend will continue into next year.Both demand and supply factors are contributing to the support. The…
Global technology, geopolitical tensions, and economic market shifts dominated the news cycle as developments unfolded across AI, international security, and financial markets. OpenAI is forecasting a sharp expansion in paid ChatGPT users, Taiwan is preparing a significant defence spending increase amid rising pressure from Beijing, negotiations toward a potential Russia–Ukraine…
China is back in the US soybean market, buying at least 10 cargoes worth approximately $300 million in contracts signed since Tuesday, according to a Reuters report. The purchases come a day after the presidents of the two nations held a phone call.The recent surge in Chinese buying, marked by the…