Trump Media and Technology Group (NASDAQ: DJT) shares have dropped significantly, wiping out the billions of dollars in paper gains the former US President recorded since December 15, 2023. The company's 59% stake, corresponding to 114.75 million shares, achieved an early lock-up exit last Thursday
Germany's financial landscape has taken a significant turn with UniCredit's bold decision to increase its stake in Commerzbank. The Italian bank has acquired an additional 12% of the German lender, taking its overall holding to around 21%. But that's not all - UniCredit has also submitted a request
As the world of finance continues to evolve, chief financial officers (CFOs) are facing a new set of challenges. With the rise of artificial intelligence (AI) and automation, the role of finance is changing dramatically. Gone are the days of manual data entry and tedious financial analysis. Today, f
Britain's Finance Minister Pledges to Make Tough Choices to Restore Economic Stability Finance minister Rachel Reeves will promise Britain on Monday that there will be no return to austerity or widespread spending cuts despite previous warnings of a tough budget aimed at fixing the foundations of t
The UK's finance minister, Rachel Reeves, made it clear that her upcoming budget proposals will focus on rebuilding the country, rather than returning to austerity. In a speech at the Labour Party Conference, she emphasized that her budget will have real ambition and deliver the changes promised to
The US Commerce Department has proposed a ban on the sale and import of smart vehicles that use specific Chinese or Russian technology due to national security concerns. This decision was made after a government investigation found that these technologies pose a range of national security risks, inc
The United States is gearing up to take a bold stance on connected car technology, with the Commerce Department proposing a ban on the use of Chinese and Russian-made software and hardware in vehicles. The move comes as a response to concerns that these foreign adversaries could use the components t
As the prison gates swing open, a new generation of scholars is emerging. For the past decade, Boston College has been at the forefront of this movement, offering a liberal arts education to inmates behind bars. On September 23, the university will host its first-ever graduation ceremony, marking a
The Asian-Pacific markets were abuzz with news from Japan and China as investors tried to make sense of the latest monetary policy decisions. The US Federal Reserve's surprise rate cut last week had left many wondering what this meant for the global economy. In China, the youth unemployment rate had
As the 2024 election season heats up, a new NBC News poll reveals a significant shift in voter sentiment, with Vice President Kamala Harris leading former President Donald Trump by 5 percentage points among registered voters. This surprising turn of events is not without its precedents – Harris's fa
