Stablecoin issuer Tether’s dreams of a full takeover of Italian soccer club Juventus appear to have been dashed. Majority shareholder Exor’s board of directors has unanimously rejected Tether’s binding, all-cash bid to purchase the firm’s 65.4% stake in Juventus, stating in a Saturday press release that it has “no intention of selling any of its…
The US Capitol in Washington, DC, US, on Thursday, Dec. 11, 2025. Daniel Heuer | Bloomberg | Getty Images Lawmakers this week plan to revisit efforts to pass a market structure bill that will determine the crypto industry’s future in the U.S. — reviving legislative efforts that stagnated last year. On Thursday, the Senate Agriculture…
2020 Delhi riots: Supreme Court denied bail to Umar Khalid and Sharjeel Imam in the 2020 Delhi riots case, with Khalid saying jail has now become his life. Fire at ONGC well: A gas pipeline leak at an ONGC well in Andhra Pradesh’s Konaseema district triggered a fire at the site, but no casualties or…
The Fed’s preferred inflation gauge, core PCE, likely rose in September—moving in the wrong direction. Yet volatility indices show no signs of major turbulence. The core PCE likely rose 2.9% year-on-year in September, heading in the wrong direction from the Fed’s goal of a 2% annual rate, according to FactSet. If the actual figure matches…
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If the US were to ‘unsanction’ Iran oil at sea, India would be able to step up procurement. (AI image) Will India get access to Iran crude oil soon? The Donald Trump administration has signalled the possibility of waiving sanctions on floating Iran crude oil to ease the ongoing shock in the global energy markets….
We are moving toward an economic system in which software and devices transact with one another without human involvement. Instead of simply executing transactions, machines will be able to make decisions, coordinate with each other and purchase whatever they need in real time. Sensors and satellites will sell data streams by the second. Factories will…
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