It was only a matter of time before blockchain tech saw IP protection for creatives. That time is now. MetaFrames is a next generation media company serving the arts and creatives through blockchain. MetaFrames is building a secure community for the creative industry on the blockchain. It is a platform which equips creatives with the […]
Previse has announced that it has closed the first phase of its Series B financing. The UK-based fintech has raised USD 18 million of new capital to expand the availability of its innovative ‘data-driven’ working capital finance solutions, designed for SMEs. The round was led by Tencent, a global leading technology company, along with participation […]
The government borrowed £18.6 billion last month, £5.6 billion less than in April last year and below expectations. City economists had forecast borrowing of £18.8 billion and the Office for Budget Responsibility’s estimate was for £19.1 billion. However, it is the still the fourth highest borrowing for the month since records began in 1993. The […]
JPMorgan Chase & Co lifted its forecast for interest income and affirmed its profitability target at its investor conference on Monday, sending its stock 6% higher despite persistent questions about how much more it will spend on its businesses. Read More
BERLIN — The European Union will likely agree an embargo on Russian oil imports “within days,” Germany’s economy minister said on Monday, but making a dent in Russia’s war chest may require capping global oil prices. Read More
The White House is considering waiving U.S. gasoline environmental rules aimed at reducing summertime smog as a way to combat rising pump prices, according to three sources involved in the discussions. Read More
SAO PAULO — Brazilian insurer SulAmerica Seguros SA said on Monday the hospital chain Rede D’Or and its controlling shareholders have reached a 12% stake in the company. Read More
(Bloomberg) — Clothing companies and gadget makers are among manufacturers across Asia seeing early signs of cooling demand from their global customers as soaring inflation takes hold. Read More
The government’s cut in the fuel tax and measures to cool prices of iron, steel, coal, plastics and cement may drive down retail inflation in the short term, analysts said. They, however, added that given the stickiness of price pressure, it has to do more to ease supply constraints and curb inflation substantially during the […]
Higher tax revenues will enable the government to minimise additional borrowing requirements, despite a fiscal expansion of close to Rs 2 trillion over the FY23 Budget estimate, provided no significant further relief measures are rolled out, analysts said. The total additional expenditure is seen about Rs 2 trillion on account of higher subsidies on fertilisers, […]