Browsing Category
Business
5027 posts
BRICS Conducts 99.1% of Payments in Chinese Yuan, Ruble, Not US Dollar
BRICS members China and Russia’s trade payments have experienced a drastic shift since 2022 after the White House…
DoorDash Drops 14% on Q3 Miss, $3.9B Deliveroo Stake Alarms Wall Street
DoorDash stock actually plunged 14% in after-hours trading on November 5th after the company missed Q3 earnings expectations…
China ‘Will Win’ the AI Race Against the US, Nvidia CEO Says
Nvidia CEO Jensen Huang said on Wednesday that China will win the AI race against the US. He…
China Wants $4 Billion US Dollar Bond, Order Sheet Tops $65 Billion
A week after the Beijing-Washington trade truce, China is eyeing a two-tranche US dollar bond to raise $4…
Ripple XRP, Mastercard Add RLUSD Credit Settlements on Ledger
Ripple Labs (XRP) is partnering with Mastercard to introduce RLUSD credit card settlements on the XRP ledger. Per…
Russia Supports A New Country To Join BRICS
Russia announced its support for a new country to join the BRICS alliance. The 5-member bloc expanded in…
Ripple Buys Palisade to Expand Crypto Custody After $25B Volume
Ripple’s acquisition of Palisade expands the company’s crypto custody capabilities following a $25 billion volume surge. The deal…
Strategy Files Euro IPO to Fund More Bitcoin Buys With 10% Dividend Stock
Strategy‘s Bitcoin buys reached a new milestone as the company filed for a Euro IPO on November 3,…
BRICS Countries Unload $47 Billion in US Treasuries
A total of three BRICS countries have unloaded $47 billion in US Treasuries in a month. The latest…
Starbucks Sells 60% of China Unit to Boyu Capital in $4B Joint Venture
Starbucks’ China deal represents a major strategic shift as the coffee giant sells a 60% stake in its…