The ORAN network will cover an estimated 70% of AT&T’s wireless traffic in the US. With completion expected at the end of 2026, this constitutes the largest financial deal in Ericsson’s history. The 5G-driven ORAN products and solutions will streamline AT&T’s operations. This will establish a cloud-native open network, which will cut costs as it…
Read more
As of December, Klarna had 150 million consumers and 500,000 retail partners worldwide. The existing partnership between the two companies supported interest-free Pay Now and Pay Later options for Adyen customers. Focusing on a new strategy, this refreshed agreement establishes Adyen as an acquiring bank on behalf of Klarna. It will come into effect in…
Read more
This membership with the FIA, established in 1955, is a strategic step for Plus500. The FIA advocates for the futures, options, and derivatives markets and includes various members such as futures commission merchants, principal traders, clearing firms, exchanges, and trading firms. Plus500's membership aligns them with other significant market players in these fields. David Zruia,…
Read more
The EURUSD currency pair fell for the fourth consecutive session as the single currency continued to gain ground against the US dollar. The single currency struggled to hold on to its gains against the greenback as the dollar was relatively strong against most of its peers, as tracked by the US Dollar Index. The release…
Read more
The growing confidence in the forex market was edged on by bond traders on Sunday as the Fed hit the peak of its rate-hiking cycle. After extending their rally Friday, treasuries steadied in Asian trading on Monday after Powell noted that policy was far into restrictive territory. The global company ING Economics also forecasted a…
Read more
Alaska Air indicated the combined companies will create a robust platform for growth and competition. Benefits to consumers include a wider variety of critical air service options and more Pacific, US Continental, and international destinations. At an economic level, the expanded footprint generates long-term job opportunities and ongoing investment in local communities and environmental stewardship.…
Read more
According to Reuters, these upticks follow an economic sigh of relief after US interest rate cuts and widespread anticipation that US stock market-traded bitcoin funds will soon be approved. Bitcoin broke records on Monday, when it hit the $41,522 mark, the highest value the digital currency reflected since April 2022. Analysts indicated the world’s most…
Read more
The USDCAD currency pair was trading down over 76 pips as the Canadian dollar rallied higher against its US counterpart, driving the entire pair lower. The Canadian dollar, also known as the loonie, rallied higher, bolstered by the release of the latest labour market data from the country. According to the latest labour market data…
Read more
Plum CEO Victor Trokoudes expressed enthusiasm over the strategic partnership with Eurobank and the company’s excitement to supercharge its rollout in Greece. Customers in the region will now be able to access Plum’s fully digital wallet and tap into a range of class-leading financial services. Trokoudes added: This is a huge milestone for Plum, giving…
Read more
CEO Vlad Tenev was confident on Thursday as he announced the upcoming launch. Many would be apprehensive after two failed launches in a region, but Tenev said there was no sense of “deja vu”. He believes Robinhood is capable of serving customers “tightly”. One major advantage for the company, is that it has already secured…
Read more