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    1. Business News
    2. Authors
    3. bloomberg

    Bloomberg

    Other participants include JPMorgan Securities, Macquarie Capital, and Virtu Americas, according to the filing
    Fidelity picks Jane Street, Cumberland to trade Bitcoin for potential ETF

    The Boston-based asset manager has entered into agreements with the firms to act as third-party Bitcoin trading counterparties

    By Bloomberg
    January 9, 2024 15:42 IST
    Beauty, health and personal care products as well as toys and gaming also sold well with consumers focusing on affordable gifts and treats
    UK Christmas retail sales disappoint as shoppers pull back

    The weak data may stoke concerns that the UK economy could tip into a recession as consumers worry about their…

    By Bloomberg
    January 9, 2024 11:45 IST
    Angel Drainer is a notorious phishing group
    Bitcoin rally cools in countdown to US spot ETF decision by SEC

    If the funds are approved, the next question is how much money they will woo

    By Bloomberg
    January 9, 2024 11:15 IST
    Sony Group, Zee Entertainment Enterprises, merger, agreement, regulatory probe, defaults, Mukesh Ambani, loans recovery
    Sony is planning to call off $10 billion merger with Zee

    Sony plans to file the termination notice before a Jan. 20 extended deadline for closing the deal, saying some of…

    By Bloomberg
    January 8, 2024 16:34 IST
    Bitcoin slipped about two percent to $43,400 on Monday in Singapore
    Bitcoin ETF hopefuls eye this week for long-awaited SEC greenlight

    Bitcoin’s boosters say ETFs backed by the crypto token would represent a watershed moment for digital assets

    By Bloomberg
    January 8, 2024 13:45 IST
    US Fed, interest rate, repo rate, central banks, global recession, inflation, economy
    Fed pivot will dominate year of rate cuts in turn of global cycle

    After racing ahead with the most aggressive tightening campaign in decades during 2022 and 2023, central banks around the world…

    By Bloomberg
    January 8, 2024 10:01 IST
    Audacy listed total debt of $2.66 billion and assets of $2.79 billion
    Broadcaster Audacy files for bankruptcy after deal to slash debt

    The company has struggled recently as advertising revenue for broadcast radio remains weak

    By Bloomberg
    January 8, 2024 09:47 IST
    47% of respondents watched an e-sports tournament in a month while 20% watched more than three e-sports tournaments in a month, as per a FICCI-EY report
    The $200 billion video game industry is a climate opportunity

    In 2022, researchers at Yale University surveyed more than 2,000 gamers in the US on their opinions about climate change

    By Bloomberg
    January 7, 2024 17:30 IST
    The Italian Data Protection Authority (IDPA) released a statement on January 29, 2024
    OpenAI online store for ChatGPT like apps is apparently coming next week

    OpenAI originally said it planned to introduce a store later in November where people could find tailored chatbots from other…

    By Bloomberg
    January 5, 2024 17:40 IST
    Reportedly, Bitcoin had rallied to a 21-month high on January 2
    Bitcoin struggles to recover after near 10% drop

    The drop led to the liquidation of more than $600 million in positions across all cryptocurrencies

    By Bloomberg
    January 5, 2024 15:45 IST
    In July, OpenAI announced an agreement with The Associated Press for an undisclosed amount
    OpenAI in talks with publishers to license content

    OpenAI recently inked a multiyear licensing deal with Politico’s parent company Axel Springer SE for tens of millions of dollars

    By Bloomberg
    January 5, 2024 15:15 IST
    GDP growth, economic growth, spending, government spending, RBI, global economy, tech manufacturing, foreign businesses, crude oil, commodity prices, food prices, interest rates, margin, inflation
    India likely to set GDP estimate near to 7% on spending boom

    The first official estimate for GDP, due to be released on Friday, will probably be set at 6.7%, according to…

    By Bloomberg
    January 5, 2024 12:19 IST
    Bitcoin this week broke above $45,000 for the first time in two years
    Citi alumni plan Bitcoin securities that don’t need SEC approval

    The new offering will be similar to American depositary receipts that represent foreign stocks

    By Bloomberg
    January 5, 2024 12:00 IST
    By contrast, the regulatory landscape in the US is considered far from clear
    Asian consumers could soon be paying with stablecoins: Andy Mukherjee

    Tether and USD Coin, reference their values 1:1 to the dollar, which enables them to act as a bridge between…

    By Bloomberg
    January 5, 2024 10:43 IST
    A profit warning from JD Sports Fashion Plc and a slide in sales at Topps Tiles Plc are a reminder that the Christmas cheer might not spread too far across the UK retail sector
    A Christmas bonus for the UK’s struggling retailers: Andrea Felsted

    Britain’s big listed supermarkets, Tesco Plc and J Sainsbury Plc, are also likely to have had a good Christmas, according…

    By Bloomberg
    January 5, 2024 10:15 IST
    Car sales - US
    Automakers in US grapple with sales slowdown on back of high retail price and interest rates

    Pent-up demand that propped up sales in the wake of the pandemic has been sated, and some shoppers are now balking at…

    By Bloomberg
    January 4, 2024 15:00 IST
    Binance is expected to have issued its native token, BNB (BNB $304), in July 2017
    Bitcoin spot market is still a little ‘weird,’ ProShares strategist says

    In that process, broker-dealers exchange cash with the issuer, who then buys and sells Bitcoin

    By Bloomberg
    January 4, 2024 14:00 IST
    Reportedly, representatives for the firms declined to comment
    JPMorgan, Goldman in talks with Grayscale about Bitcoin ETF role

    BlackRock previously named JPMorgan Securities as an AP for its Bitcoin ETF

    By Bloomberg
    January 4, 2024 12:00 IST
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    How is India’s largest nuclear power plant, KKNP, set to benefit from Putin’s visit? 

    bank of america india 2026 outlook nifty 29000 rich proof sectors

    Bank of America is  ‘Overweight’ on these 5 themes in Indian markets, Underweight 4 mass-market segments- Check full list

    India, Russia vow to broaden nuclear energy ties

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