World Business
Portugal’s Space Ambition: A €200 Million Industry Targets 30 Satellites by 2030
Portugal is building a spaceport in the Azores and developing compact satellites, aiming for 30 in orbit by 2030, with its space...
The Editorial Team 1079 articles
Finance
Finastra Divests Core Banking Unit, Sharpens Focus on Payments and Lending
Finastra has sold its Universal Banking business to Pollen Street, pivoting to concentrate on payments and lending. The divestiture provides UB with...
Finance
Redemption Bank Unveils Debit Card to Combat Poverty for Single Mothers
Redemption Bank, a Black-owned institution, is launching the Bank King Card debit card to provide direct financial support to single mothers in...
Investing
Klarman’s Four Decades: Baupost’s $22 Billion Growth, ~20% Annual Returns
Seth Klarman, CEO of The Baupost Group, discusses his 40-year journey, building the firm to $22 billion with ~20% annual returns through...
Stocks
US Export Curbs Cloud Anthropic’s IPO, Spark Global AI Sovereignty Debate
US restrictions on Anthropic's AI models, citing security fears, have forced a global shutdown, raising concerns about the company's IPO and global...
Stocks
SSR Mining Releases 2025 Sustainability Report, Details Key Focus Areas
SSR Mining Inc. (SSRM) has published its 2025 Sustainability Report, detailing performance and approach across Health & Safety, environment, communities, and diversity.
Finance
Kim Bill Seeks Extended Holds on Suspicious Funds to Combat Fraud
Representative Young Kim has introduced legislation allowing financial institutions more time to investigate suspicious checks and wire transfers, aiming to curb rising...
Stocks
Stingray Executes $15.4 Million Share Buyback at Discount from La Caisse
Stingray Group Inc. announced a $15.4 million share buyback of 1 million shares from La Caisse at a 5.1% discount, funded by...
Finance
Deutsche Bank Slashes Task Times With AI, Citing Tangible Returns
Deutsche Bank has significantly cut task completion times using AI, demonstrating measurable returns on its technology investments. This aligns with broader industry...