Anta Sports Faces Setback as Full-Year Operating Margin Falls Short Anta Sports, China’s largest sportswear manufacturer, has recently encountered a setback as its full-year operating margin took a hit, dropping by slightly over a percentage point. This decline can be attributed to the company’s increased expenditure on branding, sales channels, and research and development (R&D) […]
At Watches of Switzerland, Rolex Demand Is Fuelling Retail Expansion
At Watches of Switzerland, Rolex Demand Is Fuelling Retail Expansion Watches of Switzerland, a prominent player in the luxury watch industry, is making bold moves despite the looming threat of US tariffs. The company is set to open one of Europe’s largest Rolex boutiques in London, showcasing its confidence in the continued strength of demand […]
Bank of Russia considers limited crypto trading for select investors
Bank of Russia Considers Limited Crypto Trading for Select Investors The world of cryptocurrency trading is ever-changing, with new regulations and frameworks constantly being introduced to ensure the security and stability of the market. Recently, the Bank of Russia made headlines with its proposal to allow limited crypto trading for a select group of investors. […]
Central bank of Russia opens path for wealthy to invest in crypto
Central Bank of Russia Opens Path for Wealthy to Invest in Crypto The Central Bank of Russia has made a groundbreaking decision to allow wealthy individuals in the country to invest in cryptocurrencies. This move comes as a significant shift in the nation’s stance on digital currencies, with the central bank gradually easing its previously […]
Singapore and Vietnam strengthen ties with digital asset agreement
Singapore and Vietnam Strengthen Ties with Digital Asset Agreement In a move that underscores the ever-increasing economic cooperation between Singapore and Vietnam, the two nations have solidified their partnership with a groundbreaking agreement focusing on digital assets. This agreement not only reflects the deepening relationship between the countries but also signifies a significant step towards […]
Texas bill aims to limit crypto investments in state fund
Texas Bill Aims to Limit Crypto Investments in State Fund A recent development in the financial landscape of Texas has sparked debates and discussions among investors and policymakers alike. The introduction of a new bill aiming to restrict cryptocurrency investments within the state’s Economic Stabilization Fund has brought the spotlight onto the growing intersection between […]
AI investment focus shifts from chips to software in 2025
AI Investment Focus Shifts from Chips to Software in 2025 In recent years, the landscape of artificial intelligence (AI) investment has been undergoing a significant transformation. While chip manufacturers have long been at the forefront of AI development, the focus is now shifting towards software firms. This shift is not only indicative of the changing […]
Trump-backed World Liberty buys $20m worth of crypto before summit
Trump-backed World Liberty buys $20m worth of crypto before summit In a bold move that has sent shockwaves through the cryptocurrency market, World Liberty, a company backed by former President Donald Trump, has recently made a significant investment in digital assets. The purchase, totaling a staggering $20 million, is a clear indication of the growing […]
Northumberland approves Blackstone’s data centre project
Northumberland Approves Blackstone’s Data Centre Project Northumberland County Council has recently given the green light to Blackstone’s ambitious data centre project. This decision marks a significant step forward in meeting the escalating demand for data storage and cloud computing services. The initiative is not only poised to address the pressing need for digital infrastructure but […]
China to expand AI investment and boost tech innovation
China Boosts AI Investment to Foster Tech Innovation China is taking significant strides in the realm of artificial intelligence (AI) by ramping up its investment in this cutting-edge technology. With Beijing leading the charge, the country is focused on creating an innovation-friendly environment that supports AI applications and empowers young scientists to drive technological advancements. […]