Wise shares plunge 10% after fintech firm projects slower growth this year
Shares of money transfer company Wise declined on Thursday after it projected weaker revenue growth in its current fiscal year than the year before.
Britain’s Labour Party pledges ‘wealth creation’ as it targets landslide election victory
Britain’s Labour Party, considered the front-runner in the upcoming national election, on Thursday said it would be “pro-business” and prioritize “wealth creation” as it released its manifesto.
Tesla expects to raise Model 3 prices in Europe after higher EU tariffs on China EVs
Tesla said it may have to increase the price of the Model 3 sold in the EU after the bloc said it could impose higher tariffs on electric cars imported from China.
Tesla shares up after Elon Musk says he is set for victory in $56 billion pay vote
Elon Musk said Tesla shareholders are set to approve his $56 billion pay package and a resolution to move the electric car maker’s incorporation to Texas.
Argentina’s Senate passes Milei’s economic reform bill as protesters clash with riot police
Anti-riot police officers used tear gas and water cannons to disperse protesters and a car was set ablaze during the demonstrations.
China and India lead the charge as digital wallets overtake cash and cards in Asia
Consumers in Asia-Pacific are the biggest users of digital wallets as physical cards and cash usage continue to decline, according to the a report by Worldpay.
Revolut moves global HQ to heart of London’s financial district as it awaits UK bank license
Revolut has purchased a 10-year lease for a new global headquarters in the YY London building in the center of Canary Wharf.
CNBC Daily Open: Fed signals just one rate cut
The Fed expects to cut rates only once this year, down from the three quarter-point reductions projected after slow progress towards its inflation target.
Fintech has hit a bottom after plunge in valuations and squeeze on funding, execs and VCs say
“Investors are now in the AI mindset,” the CEO of Nium told CNBC. “Like, whatever it costs. I want in on AI. They’re going to burn a lot of money.”
A staggering 90% of employees in the UK are ‘quiet quitting’ as they seek out other opportunities, Gallup report says
Only 10% of UK workers were found to be engaged at work, a Gallup report found.
