Ripple is planning a Japan move due to poor U.S. regulations. Other considered locations include the UK, UAE, Singapore, and Switzerland.
SoftBank announced on Friday that its shareholders will receive an interim dividend of 22 yen per share.
Huawei Technologies today announced its earnings for the past nine months with figures beating off expectations.
Shanghai-based wealth management company Lufax is looking to raise up to $2.36 billion in its proposed Initial Public Offering for eventual listing on the New York Stock Exchange.
The Edition 1 model of GM electric Hummer pickup will be available in fall 2021. Its price starts at $112,595. The reservation for the truck is already full.
During the fiscal third quarter that ended on September 26, Intel reported $1.11 EPS on an adjusted basis with a revenue of $18.33 billion.
According to a recent report, Grayscale Investments, a company that manages cryptocurrency investment funds, has once again added $300 million more in digital assets to its portfolio.
During Q3 2020, Barclays managed to significantly reduce provisions for the loan losses thereby putting less budget for bad loan provisioning. Its corporate and investment banking (CIB) division shows strong performance during the tough times.
Gilead Sciences Inc revealed on Thursday that the Food and Drug Administration (FDA) has given the approval to Remdesivir as the first official treatment for COVID-19 in the United States.
Sources familiar with the matter said that the two companies are currently holding talks and could make an announcement soon. The acquisition is likely to give PayPal a major lead in the crypto trading market going ahead.
Sawyer will bring along his extensive 20 years of experience in the financial markets and will work on expanding Bitstamp operations and developments like the introduction of a new matching engine built by Nasdaq.
The RBI Coin will facilitate payment and interbank settlements while also helping to limit cash handling and helps different companies in the Raiffeisen banking network in liquidity management.
The blockchain technology can be relied upon as it is vast and tamper-proof, moreover, anybody can verify the data on the chain.
As part of the deal, the LGO and VGX token holders can swap their holdings to the new token that will come with decentralized finance (DeFi) features along with the function of staking rewards.
While Goldman Sachs is neutral on Peloton shares, KeyBanc Capital Markets analyst Edward Yruma raised his price target for the shares in anticipation of imminent bullish price moves.