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According to flash data released on Thursday, annual inflation in the euro zone fell to 2.4% in November from 2.9% in October. A reading of 2.7% was anticipated by Reuters polling economists. The European Central Bank’s closely watched core inflation rate, which takes into account only the volatile effects of food, energy, alcohol, and tobacco,…
Tuesday’s trading session saw Microsoft close at a record high of $360.53 on the back of renewed growth expectations from a significant artificial intelligence partner. The software maker’s market value has increased by 1.12% per day to approximately $2.68 trillion. All of the main American indexes saw gains for the day; the S&P 500 saw…
Francesca Carlesi, a former executive at Barclays, has been named as the new CEO of Revolut, a European FinTech company, effective Thursday. Carlesi, who has fifteen years of experience in the financial services industry and was previously employed at Deutsche Bank, was most recently the CEO of Molo Finance, a digital mortgage lender. Revolut’s spokesperson…
As optimistic investors assessed the possibility that the United States will finally see a bitcoin ETF in the upcoming months, cryptocurrency prices briefly soared to start the week. An unconfirmed report that the Securities and Exchange Commission had officially approved the iShares spot bitcoin ETF caused bitcoin to briefly spike above $30,000 on Monday morning….
