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Financial News Around the World

Turkey’s inflation passes 75% in what economists believe is peak

Inflation in Turkey topped 75% in May in what economists expect to be the peak before prices start to ease.

Published 3 June 2024
Categorised as Finance News

Bunq, the $1.8 billion European neobank, hopes to secure license for UK expansion this year

“I hope we’ll get somewhere by the end of the year, maybe early next year,” Ali Niknam, Bunq’s CEO and founder, told CNBC at the Viva Tech conference in Paris.

Published 3 June 2024
Categorised as Finance News

GameStop shares surge as ‘Roaring Kitty’ trader posts account showing $116 million position

Meme stock GameStop saw another speculative pop in overnight trading as speculation grew that Keith Gill could have a huge position in the video game retailer.

Published 3 June 2024
Categorised as Finance News

‘No quid pro quo’ between Trump and oil execs at Mar-a-Lago, Gov. Burgum says

Gov. Doug Burgum is denying reports that former President Trump told oil executives he’d reduce regulations if they helped him raise money to get elected.

Published 2 June 2024
Categorised as Finance News

OPEC+ wants concrete rate cuts before factoring impact on oil demand, Saudi energy minister says

Expectations have mounted over the timeframe and number of rate cuts likely to be carried out by global central banks.

Published 2 June 2024
Categorised as Finance News

China’s growing e-commerce market is creating a new set of winners

Online shopping in China is widely expected to grow. It’s less clear how much longtime players such as Alibaba and JD.com will benefit.

Published 2 June 2024
Categorised as Finance News

The SEC ruling on Ethereum ETFs could mark a historic shift in crypto investing

The VanEck CEO digs into the preliminary approval of his firm’s Ethereum ETF and what the decision means for crypto investors.

Published 1 June 2024
Categorised as Finance News

Italy is bracing for a record wave of tourists, but is having trouble handling them

Being a tourist in Italy is turning into a full-time job.

Published 1 June 2024
Categorised as Finance News

Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’

The ongoing Synapse bankruptcy mess has exposed the risks in a corner of fintech that grew in prominence during a boom in venture investment.

Published 1 June 2024
Categorised as Finance News

Why job skills could make or break your next interview

Employers are moving away from traditional job filters like education and years of experience in favor of “skills-based hiring.”

Published 31 May 2024
Categorised as Finance News

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