President Donald Trump’s move to relax federal marijuana regulations has been welcomed by the US cannabis industry, but it has not changed the sector’s most persistent challenge. Access to mainstream banking remains limited, even as regulatory pressure eases, reports Reuters. The executive order signals a shift in tone from Washington and reduces some compliance burdens,
European policymakers, global markets, and Washington delivered a flurry of closely watched developments on Friday that underscored shifting geopolitical and financial dynamics. From a major European Union funding commitment to Ukraine, to a breakthrough deal aimed at keeping TikTok operating in the United States, alongside central bank signals in Asia, and a landmark US defense
Billionaire Gautam Adani’s conglomerate plans to invest more than $11 billion in its airports business by the end of the decade, as it looks to expand its footprint across India’s aviation sector, bid for new privatized airports, and diversify into aircraft maintenance and related services. The investment push comes as the group seeks to strengthen
Just weeks before Bulgaria prepares to adopt the Euro, its government is falling apart. Streets are full, parliament is paralysed, and the state is heading for yet another snap election. Bulgaria’s corruption crisis is not sudden. It is the logical outcome of years of unresolved power struggles, weak courts, and a public that no longer
The US Securities and Exchange Commission has said in a recent lawsuit that third-party Bitcoin mining hosting agreements may be classified under federal securities laws. The commission’s position surfaced during a Delaware lawsuit where the regulator had sued VBit Technologies and its founder Danh Vo for defrauding thousands of investors between 2018 and 2022 by
Japan’s Mitsubishi UFJ Financial Group (MUFG) will acquire a 20% stake in Shriram Finance Ltd for $4.4 billion, marking the largest cross-border investment ever in India’s financial sector, the Indian non-bank lender said on Friday. The transaction comes amid a sharp acceleration in foreign investment into India’s banking and financial services industry. Deal values in
Italy’s competition authority has formally closed investigations into four major electric vehicle makers after securing commitments to improve how consumer information is presented. The probes targeted BYD, Tesla, Stellantis, and Volkswagen over concerns that buyers may not have been given sufficiently clear details about electric vehicle performance and battery-related conditions. Rather than imposing penalties, the
Canary Capital has filed a revised S-1 registration statement with the US Securities and Exchange Commission (SEC) for its proposed staked INJ exchange-traded fund (ETF). The proposed ETF aims to combine the potential price appreciation of Injective (INJ) with the yield generated from staking the token, providing a unique avenue for investors seeking a more
Broadcom stock (NASDAQ: AVGO) has emerged as a rare consensus pick among major Wall Street houses for 2026. Bank of America, JPMorgan, and Jefferies all point to custom AI chips and high-speed networking as the company’s growth runway. The semiconductor giant sits at an inflection point as hyperscalers shift away from pure GPU dependence toward
Japan’s central bank on Thursday began its final policy meeting of the year, with investors widely expecting a landmark interest rate increase that would take borrowing costs to their highest level in three decades. The Bank of Japan’s decision, due on Friday, is seen as another step in its long-awaited shift away from ultra-loose monetary