CashNews.co Published : 1 hour agoon 22/11/2024 MILAN (Reuters) – Italy’s high borrowing costs and weakening economic growth could reduce the profitability of its companies in the near future, especially those with a high debt load, the Bank of Italy said on Friday. Rome has been struggling with modest growth this year which, combined with […]
Cash News Trump Media is exploring creating a cryptocurrency payment platform called TruthFi, according to a trademark filing. The Trump Media & Technology Group (TMTG) has been working to expand from its current core product, the conservative social media platform Truth Social. In previous SEC filings, the company has stated it intends to build a […]
CashNews.co (Bloomberg) — Canadian Prime Minister Justin Trudeau signaled a return to his free-spending playbook as inflation wanes and an election looms, accelerating a bond selloff due to expectations of faster growth and a deeper deficit. Most Read from Bloomberg On Thursday, Trudeau announced a C$6.3 billion ($4.5 billion) tax break and rebate package. It […]
CashNews.co British retailers saw sales fall last month on the back of uncertainty before the autumn Budget, according to official figures. Clothing stores had a particularly weak month, with industry data suggesting mild October weather may have caused shoppers to hold off buying more warm winter clothing. Retail sales volumes, which measure the quantity bought, […]
CashNews.co Cboe Global Markets Inc. said it is set to list the first cash-settled index options related to the spot price of Bitcoin, marking the latest addition of cryptocurrency-related securities to traditional exchanges. The options will be launched on Dec. 2 and will be based on the Cboe Bitcoin U.S. ETF Index, which tracks a […]
CashNews.co German Chancellor Olaf Scholz attends a session on November 13, 2024 at the Bundestag. John Macdougall | Afp | Getty Images When the German government collapsed earlier this month, clashes within the former ruling coalition about economic and budget policy were widely cited as a key factor — with the country’s debt brake playing […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Unilever will slim down but not spin off its food division, its chief executive has said, as the London-listed consumer goods group presses ahead with the listing of its ice-cream unit. Hein Schumacher, who […]
CashNews.co Investing in exchange-traded funds (ETFs) is one of the simplest and most straightforward ways to buy into the stock market. By owning just one share of an ETF, you can gain exposure to dozens or hundreds of stocks at once. While some ETFs aim to track major indexes, like the S&P 500 (^GSPC 0.29%)others […]
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Retail investors are ploughing money into small British companies as they seek out tax-efficient products in the wake of Labour’s general election win and the biggest tax rise in the postwar era. Savers sank […]
Cash News Bitcoin has soared to record highs since the election, gaining more than $25,000 in value and surpassing $94,000 per coin. The broad digital currency market has followed suit. Factors driving the rally include president-elect Trump’s pro-crypto stance, anticipation of a more crypto-friendly regulatory environment under his administration, and the election to Congress of […]