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Financial Sector Seeks Delay to Revising EU Sustainability Rules for Asset Managers
Date: February 5, 2024
Financial sector seeks delay to revising EU sustainability rules for asset managers By Huw Jones LONDON (Reuters) – The European Union’s financial sector on Monday urged the bloc to delay quick fixes to how asset managers label sustainable investment funds, saying the EU executive should conclude a broader review first to ensure a “holistic” approach....
New Frontiers in Anonymity: Assessing the Impact of Blockchain and DeFi on Messaging and Activities in the Financial Sector
Date: January 31, 2024
New Frontiers in Anonymity: Assessing the Impact of Blockchain and DeFi on Messaging and Activities in the Financial Sector By Luigi Wewege, President, Caye International Bank The emergence of blockchain technology and decentralized finance (DeFi) represents a significant shift in most financial operations. At its core, blockchain is a distributed ledger technology that allows secure,...
Explainer-What You Need to Know About the April Total Solar Eclipse
Date: January 26, 2024
Explainer-What you need to know about the April total solar eclipse By Will Dunham WASHINGTON (Reuters) – The moon will completely blot out the sun for millions of people in North America along a path crossing from Mexico into the United States and then Canada in a total solar eclipse occurring on April 8. Here...
Tech Layoffs Continue After ‘Year of Efficiency’
Date: January 16, 2024
Tech layoffs continue after ‘Year of Efficiency’ By Aditya Soni and Chavi Mehta (Reuters) – Big Tech’s “Year of Efficiency” may be over but recent layoffs at Google and Amazon have signaled the firms will keep cutting jobs in 2024 as they make big investments in generative AI. Analysts and industry experts believe the layoffs...
How Will the Fed’s Hawkish Stance Affect the Financial Sector?
Date: January 2, 2024
How Will the Fed’s Hawkish Stance Affect the Financial Sector? The US inflation has dropped by nearly 70% after setting an all-time high of 9.1% last June 2022. But recently, consumer sentiment has soured as it rebounded and exceeded the 3.6% consensus. The ongoing Russo-Ukrainian and Israel-Palestine Wars are further aggravating the situation. OPEC+ supply...
Self-Driving Cars Could Be on UK Roads by 2026 -Minister
Date: December 27, 2023
Self-driving cars could be on UK roads by 2026 -minister LONDON (Reuters) – Self-driving cars could be on some British roads by 2026, the country’s transport minister Mark Harper said on Wednesday. Cars with full self-driving technology are not currently permitted on Britain’s roads but the government’s Automated Vehicles (AV) legislation is going through parliament,...