British fintech Revolut will stop allowing U.S. customers to access cryptocurrencies, the company said in a statement on Friday, citing the regulatory environment and crypto market uncertainty there.
Exchange operator Cboe Global Markets , on Friday reported a rise in its quarterly profit, driven by swelled up trading volumes as markets continue to rebound from last year.
Investors continued to buy stock and bond funds in the week to Wednesday, Bank of America global research said in a report on Friday citing EPFR data, after the previous week’s Federal Reserve and European Central Bank policy decisions.
Japan’s economy likely grew an annualised 3.1% in April-June to mark a third straight quarter of expansion, according to a Reuters poll, helped by resilience in exports despite slowing global demand.
China and Saudi Arabia’s stock exchanges are in talks to allow exchange-traded funds (ETFs) to list on each other’s bourses, three sources familiar with the matter said, as the countries look to deepen financial ties amid warming diplomatic relations.
Germany’s largest real estate group Vonovia slipped to a 2 billion euro ($2.19 billion) second quarter loss and wrote down the value of its properties by 3 billion euros on Thursday in the latest sign of stress in the country’s property sector.
Capita said on Friday it expected net exceptional costs of up to 20-25 million pounds ($32 million) related to the cyber incident which rocked the British outsourcing firm in March.
Singapore’s second-biggest lender Oversea-Chinese Banking Corp (OCBC) on Friday posted a 34% rise in second-quarter net profit, in line with estimates, while flagging it expected interest rates to trend lower from 2024.
U.S.-based private equity fund Blackstone will submit a bid next week to acquire a 33.47% stake in Indian drugmaker Cipla , the Economic Times reported on Friday, citing people in the know.
Fisker Inc’s smaller-than-expected quarterly loss and first revenue from deliveries of its electric sport utility vehicles helped counter an annual production cut, sending its shares up more than 2% in premarket trading on Friday.
