In Dubai, a group of 74 professionals from tech, finance, and other fields came together for an event focused on turning new ideas into real business opportunities. The gathering included alumni from KTH Royal Institute of Technology, a top Swedish university known for its work in engineering and in
Zcash, a well‑known privacy coin, faced a shock when a new kind of attack revealed a long‑hidden weakness. A security researcher used Anthropic’s Claude Opus 4. 8, an advanced AI tool, to spot a vulnerability that had slipped past human experts for more than four years. The flaw was made public on J
A recent court decision lifted a legal hurdle for a newly formed bank that had bought a small Louisiana lender. The judge ruled against the larger bank’s attempt to stop its former executives from hiring staff from the competitor. The ruling gives the new bank a temporary boost as it builds its team
"It’s easy to think banks are just numbers and spreadsheets, but Italy has shown otherwise. A century‑old lender tried to take over a big Milan bank and even gained part of the country’s biggest insurer. The move seemed like a win, yet the boss who made it happen was soon pushed out by his own team.
A new contender is stepping into the ring to manage Venezuela’s massive debt talks. The investment bank Lazard has sent a late offer, aiming to replace the current adviser, Centerview Partners. The goal is to lower the fees while handling one of the biggest sovereign debt restructurings on record.
Women in many parts of Santiago still rely on walking to get around everyday. This habit is common even in neighborhoods that are not very wealthy, but new challenges have appeared. People often feel unsafe on the streets, which makes walking harder and less appealing. Researchers wanted to s
Washington has tried many new ways to help troubled kids, but too often the results fall short. Back in 2020, lawmakers decided teens caught in sex trafficking shouldn’t be treated like criminals. Instead, they promised safe places to stay and heal. Five years later, those centers still aren’t open.
Stablecoins were supposed to shake up finance, but so far, they’ve mostly become digital piggy banks. Over $300 billion in these coins exists, yet most of it just sits in wallets or exchange accounts, doing nothing productive. People moved real dollars onto blockchains, but then left them idle. In n
Spain’s Canary Islands have become a deadly bottleneck for people fleeing war and poverty in Africa. Over 46, 000 arrived in 2024 alone—nearly 50 times higher than a decade ago. The journey from West Africa is brutal: rickety boats, little food, and unpredictable Atlantic storms. More than 3, 000 pe
United Community Banks just agreed to sell its equipment finance division for $1. 9 billion in cash. The two subsidiaries being sold—Navitas Credit Corp. and NLFC Reinsurance Corp. —have been a headache for the bank lately. They make up only 10% of the loans but have caused half of the bank’s losses
