Hong Kong is poised to grant its first stablecoin issuer licenses as early as March, marking a critical milestone in its bid to become a regulated digital asset hub. The HKMA's rigorous vetting process will initially see only a handful of firms approved from dozens of applicants.
During UK Foreign Secretary Yvette Cooper's visit to Addis Ababa, British investor Gridworks signed landmark agreements to develop two major transmission projects. The deals, part of a broader UK strategy linking economic development with migration management, mark Ethiopia's first public-private partnerships in its power transmission sector.
While broader UK indices face headwinds, a closer look reveals potential in smaller-cap companies. We examine three penny stocks—Alumasc Group, Mercia Asset Management, and Roebuck Food Group—that are navigating economic challenges with distinct strategies and financial profiles.
Amid market volatility, five established companies with long histories of dividend payments—known as 'Dividend Kings'—have reported better-than-expected fourth-quarter results, offering retirees potential sources of reliable passive income.
Campbell Oil, following recent investments in its convenience store chain, has acquired Smith Oil Distributors, signaling a renewed strategic push to grow its fuel and energy services segment in the Southeastern U.S.
A months-long advocacy campaign criticizing Hannaford's pricing and animal welfare policies has gained little traction among Maine shoppers, many of whom remain loyal to the dominant grocer despite concerns over affordability.
Newly disclosed documents reveal a cascade of financial setbacks—including a critical loan default and collapsed supplier agreements—has forced the 26-year-old Texas-based boutique chain Francesca's into a complete wind-down of operations, putting thousands of jobs at risk nationwide.
In a cafe in eastern Turkey, Iranian exiles gather, their eyes fixed on news from home. As a new wave of protests meets a severe crackdown, those who fled earlier unrest watch, wait, and voice a desperate mix of anguish, anger, and fragile hope.
QatarEnergy awards McDermott a pivotal contract to plan the removal of 27 aging offshore platforms, marking the nation's first major step in responsibly retiring legacy oil and gas infrastructure.
The finalized merger between Cincinnati-based Fifth Third and Dallas's Comerica creates a banking giant with nearly $300 billion in assets, dramatically expanding its footprint in the nation's fastest-growing markets.
Danish brewing giant Carlsberg has agreed to sell its 50% stake in the Lhasa Brewery joint venture to its local partner, Tibet Development, for 292 million yuan ($42 million), ending a partnership marked by operational disputes and significant financial impairments.
Seadrill secures a major contract extension for the West Saturn drillship with Equinor Brasil, adding over $100 million to its backlog and solidifying operations in Brazil's strategic pre-salt basin through 2027.
Norwegian energy giant Equinor is selling its onshore shale assets in Argentina's Vaca Muerta formation to local operator Vista Energy, marking a strategic pivot as it doubles down on offshore exploration and core international markets.
The European Union has firmly rejected Iran's retaliatory designation of EU member states' armed forces as 'terrorist groups,' a move that came days after the bloc formally listed Iran's Islamic Revolutionary Guard Corps (IRGC) as a terrorist organization, escalating a diplomatic tit-for-tat.
New data reveals a two-horse race in mining sector legal advisory, with Webber Wentzel leading by total deal value and Blake Cassels & Graydon topping the charts by number of transactions in a year marked by megadeals.
PepsiCo's CEO expands his tech governance role at IBM, while a new financial chief takes the helm in the critical India region. These moves come as the beverage and snack giant's stock shows resilience, prompting investor analysis of its future direction.
Eastern Bankshares (EBC) has delivered impressive multi-year returns for shareholders, but a closer look reveals a complex valuation picture. While one model suggests deep undervaluation, traditional metrics paint a different story, leaving investors to weigh competing signals.
With the new tax year underway, parents and guardians are reviewing the best ways to build a nest egg for the next generation. We break down the latest Junior ISA rates, explain how these tax-free accounts work, and highlight the key considerations for long-term saving.
In a significant step toward reconciliation, Syrian interior ministry forces entered the Kurdish-administered city of al-Hassakeh on Monday. The move, part of a fragile new agreement with the Syrian Democratic Forces, aims to cement a ceasefire and outlines a path for the integration of Kurdish-led institutions into the state's security and administrative framework.
The family of Milagros Ortiz demands accountability after a marked police cruiser, found at fault in a preliminary report, struck her car, leading to her death. An internal investigation is ongoing.
