Citigroup profit slips as expenses rise amid sweeping overhaul
Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade...
4hFinancial Timeseconomics
Chief executive Jane Fraser is pushing through bank’s biggest restructuring in more than a decade...
Surging mainland Chinese investment in Hong Kong’s commercial real estate sector has helped set the stage for a “measured recovery” in 2026, according to Colliers. Investment from the mainland rose to...
There is no precedent of a dominant power abandoning its primacy, as Trump is doing...
Marvel’s Deadpool VR. Meta is laying off about 10 percent of its Reality Labs metaverse division, and the cuts apparently include closing down some of its VR gaming studios. It "appears" Twisted Pixel...
Jeremy Barnum told JPMorgan shareholders that yield-bearing stablecoins risk creating a parallel banking system without the safeguards of traditional regulation....
Donald Trump’s sudden 25% tariff on nations trading with Iran puts Beijing squarely in the spotlight. China knows how to evade sanctions and has the muscle to retaliate. DW explores what this showdown...
Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as Tw...
Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fe...
US media reports say tariffs will be cut to 15 percent in exchange for TSMC investment....
According to Customs data, the surplus was boosted by trade gains in December, with exports climbing 6.6% from the year before, better than economists’ estimates and higher than November’s 5.9% year-o...
Pakistan has signed an agreement with SC Financial Technologies, a firm linked to Trump-backed World Liberty Financial, to explore using its USD1 stablecoin for payments....
The all-stock deal adds Semler’s 5,048 BTC to Strive’s treasury, lifting total holdings to 12,797.9 BTC and ranking it 11th among public companies....
Polygon Labs CEO Marc Boiron told Cointelegraph that the acquisitions position the network as a regulated payments platform built to move stablecoins onchain at scale....
Kyiv's attacks on Russian oil terminals and refineries damage their enemy, but impact other economies such as Kazakhstan and risk alienating allies....
Shares in the Danish energy firm rose about 5% after a federal court granted a preliminary injunction, allowing construction on the offshore wind project to resume....
Jerome Powell, a particularly mild-mannered speaker, slammed recent attempts to intimidate his department. Li Yuanqing/Xinhua via Getty Images The DOJ is probing Jerome Powell over his congressional t...
French farmers steered some 350 tractors on January 11 toward French Parliament to protest low incomes and an EU trade deal with South America that they fear threatens their livelihoods. They say thei...
German Chancellor Friedrich Merz’s first visit to Asia has raised India’s hopes for a long-awaited trade pact with the European Union as Berlin pushes for deeper engagement with South Asia amid height...
Michael Dell, CEO and founder of Dell. John Lamparski/Getty Images Dell has told its employees to expect a companywide systems overhaul in May. Top exec Jeff Clarke told workers it would be the "b...
AI chatbots are increasingly able to buy things on users' behalf, a concept known as agentic commerce. Philip Dulian/picture alliance via Getty Images OpenAI broke new ground when it enabled shopping ...