The tech world is buzzing about the latest AI models, like Google's Gemini and OpenAI's GPT. Some say Google is ahead, others think OpenAI will catch up. But while tech fans argue about who's on top, banks and investment firms are thinking differently. They're not picking sides in the AI battle. In
Big changes are coming to how Europe fights money laundering. A top Italian official is likely to lead the charge. Giuseppe Lopez, a colonel in Italy's Guardia di Finanza, is in line for a major promotion. He's set to head up the European Financial and Economic Crime Centre. This move shows Europe i
Brazil is taking its time to set up a carbon market. The government plans to release the rules for this market by the end of 2026. This news comes from a high-ranking official in the Finance Ministry. The official also mentioned that by then, the government will decide how the market will be managed
Security Matters (SMX) PLC, an Irish company, saw its stock price jump by nearly 48% in after-hours trading on Wednesday. This surge came after the company showcased its molecular identity technology at the DMCC Precious Metals Conference in Dubai. The tech embeds invisible markers into materials, w
Europe is leaning heavily on China for its green energy plans. A big step in this direction is a new battery factory in Spain. This factory is a joint project between Stellantis, a major car maker, and CATL, a Chinese company. The project is worth over 4 billion euros. The factory is being built in
Tether, the company known for its stablecoin USDT, has been on a gold-buying spree. In a short span of three months, it acquired 26 tonnes of gold. Now, its total gold holdings stand at approximately 116 tonnes, making it a significant player in the gold market. But not everyone is cheering this mo
New York City's top financial official wants to cut ties with a major investment firm. Brad Lander, the city's comptroller, is pushing for a big change. He wants three city pension funds to stop using BlackRock. This is because of BlackRock's lack of strong climate action plans. BlackRock manages a
Nicolas Sarkozy, the former president of France, is back in the news for legal issues. This time, the highest court in France has confirmed his earlier conviction for breaking campaign finance rules during his 2012 re-election campaign. The court's decision means Sarkozy must serve a six-month house
Yearn Finance, a well-known player in the decentralized finance (DeFi) space, recently revealed an issue with its yUSND vault on the Arbitrum network. The problem was caused by a lack of liquidity in the USND token, which led to significant slippage when swapping liquidation rewards. This incident s
Rachel Cruze, daughter of financial expert Dave Ramsey, shared some unique experiences from her childhood. She posted a video on TikTok on November 24th. In the video, she talked about things she thought were normal but were actually special to her family. One of these things was reading a book cal
