Business News

The judge said the pay package would have been the largest ever for the boss of a listed company.

Terns Pharmaceuticals Inc.'s stock jumped 7.5% premarket Tuesday, after the company announced positive data from an early-stage trial of a treatment for chronic myeloid leukemia.

Wharton’s Jeremy Siegel called Trump’s 100% BRICS tariffs ironic, noting bitcoin—which Trump backs—is a bigger threat to the dollar as a global reserve. Wharton Professor:... Trump’s Bitcoin Advocacy Contradicts BRICS Tariff Threats Jeremy Siegel, professor emeritus of finance at the Wharton School, commented Monday on President-elect Donald Trump’s plan to impose 100% tariffs on BRICS […]

Jaguar has unveiled its "Type 00" concept car after a controversial rebranding campaign some critics called "woke." It's moving to an all EV lineup.

Stephens is the chairman, president and CEO of Little Rock, Arkansas-based financial services firm Stephens Inc., having taken over the firm from his father.

An Enron parody backed by a t-shirt company seemingly announced the disgraced energy company's return to business on Monday.

Microsoft's shareholders will soon vote on adding Bitcoin to its balance sheet. Will Michael Saylor's pitch Orange Pill the tech giant? What are the stakes and risks?

In a widely anticipated announcement, BlackRock said it had reached an agreement to buy HPS Investment Partners for $12 billion in stock.

The Central Bank of Brazil has opened a public consultation on a regulatory draft that correlates the treatment of dollar-pegged stablecoins with foreign currency. The proposed rules, which will now... be discussed with relevant stakeholders in the national cryptocurrency ecosystem, would require exchanges dealing in stablecoins to obtain two different operating licenses: one as a […]

The Biden administration is providing financing for two battery factories being built by Stellantis and Samsung, as well as a Rivian EV plant.

China's Ministry of Commerce said it would immediately halt exports to the US of materials that could be used for both civilian and military purposes.

Larry Ellison's $165 million Oxford investment aims to transform research into products, in areas including health and clean energy.

Duvvuri Subbarao, former Governor of the Reserve Bank of India, cast doubt on Donald Trump’s proposal to impose 100% tariffs on BRICS nations if they abandon the dollar, calling it legally and... practically uncertain. He questioned whether U.S. laws allow sanctions based solely on shifting away from the dollar or how such actions would be […]

A $113 billion asset manager has filed to launch a spot XRP ETF as the crypto’s value skyrockets over 400%, solidifying its third-largest rank. XRP ETF Proposal Filed by $113B Global Asset... Manager for SEC Approval Wisdomtree, an asset manager with $113 billion in global assets under management, has submitted a registration statement to the […]

Gold edged higher in early Asian trade, ahead of key U.S. economic data this week such as the monthly jobs report for November.

The market turbulence came as Right-wing and Left-wing parties said they would back a no-confidence motion against prime minister Michel Barnier.

Find insight on Nel, oil prices and more in the latest Market Talks covering Energy and Utilities.

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The move is part of a broader shift in the bank's power base to the East Coast.

Former Celsius CEO Alex Mashinsky pleaded guilty to commodities fraud and a fraudulent scheme to manipulate the price of Celsius's native token, facing up to 20 years in prison. Arrested in 2023,... Mashinsky was accused of defrauding customers by misrepresenting Celsius's financial health to secure crypto deposits and sustain the platform's services. Celsius, a crypto […]

Okta shares soared on Tuesday after the company reported strong third quarter results

FCA boss Nikhil Rathi said the decisions on listings are based on company disclosures and not 'every aspect of their corporate behaviour'.

Unveiled at Google's I/O developer conference, Veo is Google DeepMind's response to competitors like Runway's Gen-3 and OpenAI's Sora.