European markets close lower; oil and gas stocks trim gains following output cut
European markets closed lower on Monday as traders digested the U.S. debt ceiling agreement and euro zone inflation data.
SEC sues Binance and CEO Changpeng Zhao for U.S. securities violations
Binance and Zhao allegedly undermined the company’s own compliance, courted U.S. investors and traded against its customers using market-making companies.
The World Bank is betting on this company to ‘green’ the $1.6 trillion steel industry — take a look inside
Take a look inside the lab and factory of Boston Metal, the green steel startup that has attracted attention from the World Bank and ArcelorMittal.
Universal basic income of nearly $2,000 a month to be trialed in England for the first time
Plans for a universal basic income trial have just been published in the U.K., and could see people receive no-strings-attached cash for the next two years.
Stock markets are ignoring a ‘laundry list’ of risks, strategist says
Stock markets are ignoring a “laundry list” of potential risks in their recent bull run, according to Julian Howard, investment director at GAM Investments.
Italy is a bargain for vacationing Americans. Not so much for Italians
You’d think life would be an endless party here, but the Italians do not seem very happy these days, and with good reason.
China may be ‘disruptive’ and fueling anxiety — but talks must continue, defense chiefs say
Just this weekend, a Chinese warship came within 150 yards of a U.S. destroyer in the Taiwan Strait, according to the U.S. Indo-Pacific Command.
UBS expects to seal Credit Suisse takeover as early as June 12
UBS expects to complete its takeover of Credit Suisse “as early as June 12”, which will create a giant Swiss bank with a balance sheet of $1.6 trillion.
Air travel to be disrupted by ‘very frustrating’ supply chain issues, IATA’s Willie Walsh says
“The challenges we expect to see in the short term are outside of our control,” Willie Walsh told CNBC, citing a number of issues on the horizon.
U.S. and China trade barbs at top security summit as Taiwan Strait tensions simmer
China and U.S. defense chiefs trade barbs at Asia’s leading defense summit after Beijing rejects meeting offer.
