Luxembourg-based payment bank Banking Circle has agreed to acquire Australian Settlements Limited (ASL) for an undisclosed sum. This deal is contingent on standard closing conditions including regulatory clearances. The move is aimed at supporting Banking Circle’s vision to set up a global hub for real-time clearing and settlement, expediting its Australian expansion. ASL is known […]

Nvidia (NVDA) stock fell as much as 3% early Monday after the Biden administration released an updated export rule aimed at controlling the flow of artificial intelligence to “adversaries” such as China. The White House said the rule would cap the number of AI chips called GPUs (graphics processing units) that can be ordered by

The Moderna Inc. headquarters in Cambridge, Massachusetts, US, on Tuesday, March 26, 2024.  Adam Glanzman | Bloomberg | Getty Images Moderna on Monday lowered its 2025 sales guidance by roughly $1 billion due to a few potential headwinds later this year, as the biotech company continues to cut costs and expand its portfolio. Moderna now

U.S. stock futures are pointing lower as Treasury yields move higher; pressure on tech stocks is pulling Nvidia (NVDA) and Tesla (TSLA) shares lower in premarket trading; Apple (AAPL) stock is falling as global iPhone sales decline; U.S. Steel (X) stock is moving higher after the U.S. government extends a deadline for Nippon Steel to abandon

After a dreadful 2024 that saw its stock lose more than 60% of its value, 2025 has started off as a better year for Walgreens Boots Alliance (NASDAQ: WBA), with the stock skyrocketing after the pharmacy operator announced better-than-expected fiscal Q1 2025 results for the period ended November 2024. Let’s look at Walgreens’ most-recent quarterly

By Virginia Furness LONDON (Reuters) – Barclays’ group head of sustainability Laura Barlow has stepped down to pursue other opportunities, a spokesperson told Reuters, the latest senior reshuffle among Britain’s top banks as the sector faces increased scrutiny over its climate efforts. In November, the sustainability chief at rival HSBC departed after her role was

ORLANDO, Fla. — Lululemon and Abercrombie & Fitch raised their fourth quarter outlooks on Monday after seeing a strong response from shoppers during the all-important holiday season.  Lululemon’s new outlook went over well with investors, leading shares to rise about 3% in premarket trading. But Abercrombie shares dropped about 8% as investors wonder if its

Nvidia (NASDAQ: NVDA) dominated much of the conversation among investors in 2024 as the stock marched 171% higher for the year. That was for good reason, as revenue and earnings exploded, with many big tech companies scrambling to acquire Nvidia’s advanced chips for artificial intelligence (AI) data centers. CEO Jensen Huang just gave the keynote

While the U.S. dollar (USD) dominates currency markets—it’s long been the most popular for foreign governments to hold—it’s not the most valuable. That honor goes to the Kuwait dinar, worth $3.24, putting it ahead of the dollar, euro, Japanese yen (JPY), and all the other currencies that are far more often found in financial news