Author: Journalist

Geneva, December 06, 2024 – The World Business Council for Sustainable Development (WBCSD) announces that Flora Food Group, a global branded food champion, has joined as its newest member. Flora Food Group delivers the next generation of delicious, natural, and nutritious foods that are more affordable and more sustainable than dairy equivalents. With a strong presence in over 110 countries, the company is home to iconic brands such as Flora, Becel + ProActiv, BlueBand, Country Crock, I Can’t Believe It’s Not Butter, Rama, and Violife. By partnering with WBCSD, Flora Food Group aims to collaborate with industry leaders and other…

Crypto exchange behemoth Binance notified users on Friday that it plans to delist specific crypto trading pairs shortly ahead. Notably, the digital asset trading platform eyes delisting Heroes of Mavia, OMG Network, and BarnBridge (BOND) USD-Margined perpetual contracts. In turn, traders and investors anticipate a negative impact on these tokens’ prices. Binance Announces Plans To Delist MAVIA, OMG, & BOND Futures Contracts In an official Binance announcement dated December 6, the crypto exchange revealed that it will delist MAVIAUSDT, OMGUSDT, and BONDUSDT perpetual contracts on December 16 at 09:00 UTC. Further, the announcement notified users that the firm’s future trading…

On 30th November 2024, BTS Group Holdings Public Company Limited (SET: BTS), represented by Mr. Daniel Ross, Chief Investment Officer and Head of Sustainability, participated in the seminar “Decoding Outstanding ESG Stocks…Strong Profit, Beating the Market!” hosted by Kaohoon newspaper. The event took place at the Professor Sangvian Indaravijaya Auditorium at the Stock Exchange of Thailand and featured other notable listed companies, including Gulf Energy Development Public Company Limited and Bangkok Chain   Hospital Public Company Limited. Mr. Daniel Ross, Chief Investment Officer and Head of Sustainability of BTS Group, highlighted that BTS Group, in his opinion, is a ‘value stock’…

Taipei, Dec. 6 (CNA) Prosecutors have launched an investigation into a case involving the death of a cryptocurrency analyst on Wednesday following a pileup on Freeway No. 1 in Hsinchu County.In a statement released on Friday, the Taiwan Hsinchu District Prosecutors Office said the death of crypto analyst Chen Mei-hui (陳梅慧), who had provided assistance to police and prosecutors in recent high-profile financial fraud cases, has sparked discussion about how the car crash happened.The office said a task force, led by chief prosecutor Hung Sung-piao (洪松標), has been set up to get to the bottom of what happened.Chen died at…

After hitting the historical $100,000 price mark, Bitcoin’s volatility took center stage today. The world’s largest cryptocurrency shocked traders during Asian trading hours, briefly plunging to close to $90,000 on Binance.  This unexpected dip happened around 4:30 IST, just a day after BTC crossed the elusive $100K mark—a significant milestone that had the crypto community buzzing. Currently priced at $97,877.30, Bitcoin is down 4.75% over the last 24 hours, with a massive trading volume of $132.58 billion (up 21.92%). Market activity highlights the intense battle around the critical $100K level, which continues to act as a strong resistance point. The…

Investment bank revenue could jump 5.7% in 2025, Coalition saysIncome could grow to $316 billion globally, estimates showM&A rebound anticipated as U.S. economy charges onLONDON, Dec 6 (Reuters) – President-elect Donald Trump’s return to the White House is seen fuelling a dealmaking revival that could bolster investment banking income to $316 billion globally next year, a jump of about 5.7% on 2024, data seen by Reuters shows.M&A bankers are forecast to rake in about $27.6 billion in fees, according to previously unreported figures from analytics and insight provider Coalition Greenwich, in what could be their second-best year in at least…

Gold (XAU/USD) hourly chartThe precious metal is up 0.2% to $2,637 on the day but it doesn’t really indicate much, with the low earlier having dipped to $2,613 for a bit in Asia trading. In any case, price action continues to rest mostly in between $2,620 to $2,655 this week and that reflects a more limited range for gold.If anything, the price action mimics the push and pull mood in the dollar in general as well. But for gold itself, it points to a lack of conviction over the last two weeks more than anything else.The December seasonal tailwind is…

2 By Tom Bull, UK FinTech Growth Leader, EY         Unlocking the value of open finance will ultimately come down to how newly accessible data is used; for many banks, this will require a whole new approach. Open banking is transforming financial systems internationally. Allowing consumers and businesses to share their bank-account data securely with other institutions and authorise direct account-to-account payments opens up a broad array of new products and services that will increase competition. More than 70 countries are now on a path to open banking, including the United States, which has traditionally taken a…

Dow Jones futures edged lower overnight, along with S&P 500 futures and Nasdaq futures with the November jobs report on tap. DocuSign (DOCU), GitLab (GTLB) and Samsara (IOT) were among the notable earnings reports Thursday night. The stock market rally saw modest losses Thursday after the S&P 500 and Nasdaq hit fresh all-time highs intraday. Small caps extended a pullback. Bitcoin topped $100,000 for the first time, but couldn’t hold that level. It kept falling in late trading. Many crypto plays erased intraday gains, including MicroStrategy (MSTR) and Coinbase Global (COIN) ↑ X NOW PLAYING Small Caps Lag As Nasdaq…

His daughters’ interest in the business is unclear, his monk son has renounced wealth, and a professional team ensures operations continue with minimal disruption[KUALA LUMPUR] The death of reclusive billionaire T Ananda Krishnan, one of Malaysia’s richest tycoons and business icons, has sparked intrigue over the future of his multibillion-dollar business empire. While analysts expect minimal impact on his Malaysian-listed companies – leading telco Maxis, prominent broadcaster Astro Malaysia and global oilfield services provider Bumi Armada – due to robust professional management, questions remain about who will inherit and lead the sprawling conglomerate.The tycoon, widely known as AK or TAK…