Tuesday, April 23, 2024
Latest news
April 23, 2024 10:26 Meta Looking For Tech Partners To Use Meta Quest
April 23, 2024 10:21 Data Protection Lawsuit Puts Grindr in the Legal Spotlight
April 22, 2024 11:14 Blackstone ups its Proposal in Bidding War for Hipgnosis
April 22, 2024 10:58 Netflix Suffers Big Fall Despite Positive Results
April 22, 2024 10:50 CySEC Slaps CIF MCA Intelifunds With €360,000 Fine
Tesla sign
April 23, 2024 — BY Elizabeth Anderson

Tesla Cuts Prices In Major Markets

This comes after earlier price cuts in the US in the wake of tougher competition, especially since BYD, the Chinese EV maker, overtook Tesla as the foremost EV company globally. Earlier this month,...
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January 08, 2024
Storms and strikes not flooding the positive outlook on the UK economy
As traders recently turned bullish on the sterling for the first time in three months, analysts believe the UK economy, which spent most of 2023 on the rim of recession, is on the rise. Bloomberg r...
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November 21, 2023
UK borrowing reaches record levels, topped only by stats from 1993 & 2020
The ONS’s figures also compared the same period from 2022, where net borrowing registered lower than this October’s figures. Not only this, but it also sits as the second highest borrowing figu...
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July 27, 2023
Is the Fed done hiking? Markets think so, Powell doesn’t
Market Expects No Further Hikes in 2023 According to the CME’s FedWatch tool, market participants now overwhelmingly expect that the Fed’s hikes for 2023 are over. There is currently a 78% prob...
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July 25, 2023
Weekly data: traders concentrate on the Fed and ECB
The focus for the Fed’s press conference on Wednesday night is on whether there’s any hint about a hike in the fourth quarter. Traders mostly expect this to be the last hike of this cycle for t...
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IC Markets Exness rebrand 2024
Forex4you logo x open hub new logo

Forex News

Meta building
April 23, 2024 — BY Robert Bell

Meta Looking For Tech Partners To Use Meta Quest
2023 saw Meta’s Reality Labs division lose $16bn, so CEO Mark Zuckerberg announced on Monday that it will be opening up the system so that other tech companies can make hardware using it. His ann...
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April 23, 2024

Data Protection Lawsuit Puts Grindr in the Legal Spotlight

The users reportedly claim the gay dating app shared personal information, which included HIV statuses, with third pa...
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April 22, 2024

Netflix Suffers Big Fall Despite Positive Results

This disappointing day followed a weak revenue forecast and confirmation that it will stop reporting subscriber numbe...
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April 19, 2024

Norway’s Sovereign Wealth Fund Misses Q1 2024 Benchmark

The Norwegian sovereign wealth fund, one of the largest global investors, announced that its market value had increas...
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April 19, 2024

BP Crops Its Executive Squad And Announces New Head Of Oil And Low-Carbon Energy

The British oil giant said that it is streamlining its organisational framework to increase its value. Apart from Lin...
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Lilly building
April 18, 2024
Eli Lilly’s Zepbound a Possible Treatment for Sleep Apnoea
The company markets this drug as Zepbound® in the US and as Mounjaro® in some international markets. These outcomes...
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Tesla sign
April 18, 2024
Tesla Looking To Move To Texas And Reinstate Elon Musk’s $56bn Pay Package
The first point covered by board chair Robyn Denholm was that they want to move the corporate home of the electric ve...
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Johnson & Johnson
April 17, 2024
Johnson & Johnson Shares Drop After Mixed Results
The share price dropped by more than 2%, while the overall S&P 500 declined by just 0.2% on the same day. JNJ rep...
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FP Markets
April 16, 2024
FP Markets Increases its Commodity Offering, Adding Brent Oil, Cotton and Sugar Futures
The move allows traders and investors at FP Markets to capitalise on new opportunities in the commodities sector and ...
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Industry Interviews

July 11, 2023

INTERVIEW

Interview: Brokeree’s Julia Ilichyova talks about expansion in EMEA and APAC+ and growing the team

LR: Two years ago, we talked about how the team behind Brokeree has developed since the company’s inception. Can you tell me how the team has grown and evolved in the past two years? Julia: Over ...
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June 15, 2023

INTERVIEW

Exclusive Interview: Eduardo Alves talks about driving strategic excellence at 4XC

LR: What motivated you to join 4XC as the Chief Strategic Officer? Eduardo: Choosing to join 4XC came from a deep personal connection with Joao Monteiro, the company's founder, and our shared visio...
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Women in business
March 08, 2023

INTERVIEW

Exclusive: Focus on women in tech on International Women's Day

Daphne Munuera, Client Services Officer, iSAM Securities LR: Can you tell me a little bit about your career? – "For the majority of my career, I've worked in the finance sector. My first job was ...
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Interview with Hantec Markets' Hayel Abu-Hamdan
March 07, 2023

INTERVIEW

Exclusive: Hantec Markets' Hayel Abu-Hamdan talks about LATAM expansion, market expectations for 2023 and more

LR: Hantec Markets expanded in LATAM with a new Chile office in October last year. What does that mean for the company? Hayel: Our expansion into LATAM is the latest example of our company’s cont...
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Cryptocurrency

Dubai
April 19, 2024 — BY Robert Bell

Binance Licensed To Offer Crypto Services In Dubai

This was confirmed with the news that the company, which runs the world’s biggest crypto exchange, has received a licence to operate as a full virtual-asset services provider (VASP). The licence has been issued by Dubai’s Virtual Assets Regulatory Authority (VARA). The regulatory process goes through four stages in Dubai, with Binance entering the third…
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Bitcoin rise
April 15, 2024
This is reportedly the largest sell-off of the world’s most prominent crypto asset experienced in over a year. Despite falling below $62,000 at one stage during Saturday’s trading, BTC gained b...
Crypto exchange
April 08, 2024
They based this decision on the fact that the judge had used the December 2021 user agreement, but that didn't take into account the fact that earlier versions had used different language in some s...
February 28, 2024
The world’s largest cryptocurrency, which currently has a market value of just over $1tn, ended Tuesday trading at $57,071. From the start of February, bitcoin gained 32%, putting it on track for...
Coinbase crypto exchange expands custodial services in Asia market
February 16, 2024
The latter half of 2023 saw a surge in investor interest in major cryptocurrency tokens, spurred by expectations of the U.S. Securities and Exchange Commission's (SEC) approval of spot bitcoin ETFs...
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Technology

April 23, 2024 BY Robert Bell

Meta Looking For Tech Partners To Use Meta Quest

2023 saw Meta’s Reality Labs division lose $16bn, so CEO Mark Zuckerberg announced on Monday that it will be opening up the system so that other tech companies can make hardware using it. His announcement pointed out that Microsoft, ASUS and Lenovo are among the selected early partners that will be working with Meta on…
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Meta building
CBDC
March 27, 2024
SWIFT Plans New Central Bank Digital Currency Platform for Cross-Border Transfers
This solution, known as the connector, reportedly enables the seamless incorporation of the use of CBDCs into business practices. Thirty-eight institutions participated in the experiment, including...
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March 25, 2024
Apple Loses Value Over Regulator Fears
This took the loss in the year so far to 11%. Apple is no longer the world’s most valuable company, with Microsoft (MSFT) now having a market capitalisation of over $3tn, while Apple has slipped ...
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March 25, 2024
China to Stop Using Intel and AMD Chips in Government Devices
The country also wants to sidestep Windows, Microsoft Corporation’s (MSFT) widely used operating system, and other internationally produced database software. The guidelines reportedly stipulated...
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March 21, 2024
Co-Founders of Inflection AI Join Microsoft
Suleyman also co-founded DeepMind, the artificial intelligence (AI) outfit bought by Alphabet Inc’s Google (GOOG) in 2014. Industry experts believe that this move fortifies Microsoft’s reputati...
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