Technology
Tether announces a new synthetic dollar that is backed by gold
TETHER Holdings, the issuer of the largest stablecoin in the cryptocurrency market, has created a new synthetic dollar that is backed by gold, the company announced on Monday (Jun...
Europe: Shares inch up as banks, tech rebound; Topdanmark shines
EUROPEAN shares closed marginally higher on Monday, with banks and technology stocks rebounding from losses last week after markets were startled by political uncertainty in France, while Danish insurer...
Family office growth continues as new generation of super rich seeks professional management
THE trend in a growing number of family offices being formed is likely to continue, as the next generation in high net worth families increasingly seek professional management of...
California plans to enlist AI to translate healthcare information
Tener gripe, tener gripa, engriparse, agriparse, estar agripado, estar griposo, agarrar la gripe, coger la influenza. In Spanish, there are at least a dozen ways to say someone has...
Hedge funds turn cautious on stocks even as Wall Street strategists get bullish
WALL Street strategists are rushing to raise their targets for the S&P 500 Index, but hedge funds are growing increasingly cautious about equities due to the Federal Reserve’s reluctance...
Private equity won’t stop gorging on debt to pay investors
PRIVATE equity investors are clamouring for their payouts. A risky approach to meeting their demands is setting records – and getting more popular. Dividend recapitalisations, where owners of lower-rated companies...
How Did Jackson James Rice Die? Olympic Star Dies Tragically Aged 18 in Diving Accident Weeks Before Paris Games
Jackson James Rice tragically died in a diving accident just weeks before his scheduled participation in the Paris Olympics. The 18-year-old was poised to make history as the first...
Lagarde says ECB is watching markets after French turbulence
EUROPEAN Central Bank (ECB) president Christine Lagarde said officials are being “attentive” to financial market developments, shortly after her colleague Philip Lane said he was not worried about French...
