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Investment
Schott Pharma shares climb in Frankfurt debut
Schott Pharma debuted on the Frankfurt stock exchange on Thursday at 30 euros per share, trading well above analyst expectations. Shares of the company were up 10% in the first minutes.The medical vial manufacturer set its final offer…
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Binance partners with MUFG to issue a stablecoin in Japan by end of 2024
Key takeaways
Binance Japan is exploring the possibility of issuing a stablecoin in Japan by the end of 2024.
The…
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Biden administration blacklists China firms for Moscow, Tehran drone links
A broken window is seen after Russia launched 33 drones into the direction of Kyiv region, Ukraine on September 10, 2023. In a separate statement, the Ukrainian Air Force said that Russia sent 33 Shahed unmanned aerial vehicles (UAVs)…
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betting on a rate cut now is premature
Francois Villeroy de Galhau, governor of the Bank of France.Bloomberg | Bloomberg | Getty ImagesIt is "premature" to bet on a cut to interest rates, Francois Villeroy de Galhau, France's central bank governor, told CNBC, as market…
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McDonald’s to raise royalty fees for new franchised restaurants
McDonald's franchisees who add new restaurants will soon have to pay higher royalty fees.The fast-food giant is raising those fees from 4% to 5%, starting Jan. 1. It's the first time in nearly three decades that McDonald's is hiking its…
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Street Fighter, Resident Evil maker Capcom on synergy in films, gaming
PARIS, FRANCE - NOVEMBER 01: Gamers play the video game 'Street Fighter 6' developed and edited by Capcom during Paris Games Week 2022 at Parc des Expositions Porte de Versailles on November 01, 2022 in Paris, France. After two years of…
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Foodpanda confirms talks to sell part of its Asia business, layoffs
A courier for Foodpanda, a meal-delivery service operated by Delivery Hero AG, checks his smartphone while sitting on a motorcycle at the company's operations center in Bangkok, Thailand, on Friday, March 16, 2018. Bangkok's famed love…
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cheqd has launched Credential Payments, a new feature of its Credential Service
cheqd (cheqd.io) is a privacy-focused payment and credential network that empowers users and organizations to take…
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Asian Development Bank trims growth forecast for region
The Asian Development Bank trimmed its 2023 growth forecast for the region to 4.7% on the back of China's embattled property sector and a persistently high interest rate environment.This marks a slight downward revision from the bank's…
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Huawei’s chip breakthrough poses new threat to Apple in China
A man check his phone near an Apple logo outside its store in Shanghai, China September 13, 2023. Aly Song | ReutersApple is facing a number of issues in China, with geopolitical risks mounting and the economy still not firing as many…
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