On Wednesday, the European Commission is expected to propose an EU climate target for 2040. The proposal will mark the first time that countries will be permitted to utilise carbon credits from developing nations to fulfill a restricted portion of their emissions target, according to a draft. The draft proposal was…
European stock markets started Wednesday’s session on a positive note, with the pan-European Stoxx 600 index moving higher in early deals. The gains were led by a strong rally in mining and banking stocks, alongside a significant jump in wind energy companies, as investors reacted positively to the latest version…
The real-world asset (RWA) tokenization market is experiencing rapid growth, driven by increasing interest from traditional financial institutions, asset managers, and fintech firms. The market is expected to reach $10 trillion by 2030, according to Boston Consulting Group and other major analysts.According to Annelise Osborne, chief business officer at Kadena,…
Following the US Senate’s passage of a revised budget bill, shares in European renewable energy companies saw a rise on Wednesday. This new bill offers a more favorable outlook for the wind industry than its previous iteration, according to a Reuters report.Shares riseShares of Danish wind turbine maker Vestas saw an…
Tesla’s sales of its China-made electric vehicles edged up slightly in June, snapping an eight-month losing streak in a key market. However, this modest gain does little to mask the broader challenges facing the US automaker, including an expected decline in overall quarterly deliveries and mounting pressure from lower-cost rivals.Data…
Qantas Airways has revealed that a cyberattack targeting a third-party customer service platform has compromised the personal details of about six million customers. The incident, described by the airline as a major data breach, affects names, email addresses, phone numbers, birth dates, and frequent flyer numbers. The breach did not…
The real-world asset (RWA) tokenization market is experiencing rapid growth, driven by increasing interest from traditional financial institutions, asset managers, and fintech firms. The market is expected to reach $10 trillion by 2030, according to Boston Consulting Group and other major analysts.According to Annelise Osborne, chief business officer at Kadena,…
Following the US Senate’s passage of a revised budget bill, shares in European renewable energy companies saw a rise on Wednesday. This new bill offers a more favorable outlook for the wind industry than its previous iteration, according to a Reuters report.Shares riseShares of Danish wind turbine maker Vestas saw an…
Tesla’s sales of its China-made electric vehicles edged up slightly in June, snapping an eight-month losing streak in a key market. However, this modest gain does little to mask the broader challenges facing the US automaker, including an expected decline in overall quarterly deliveries and mounting pressure from lower-cost rivals.Data…
The market sentiment in Asian markets remained subdued on Wednesday as most of the indices ended the day in red amid the looming July 9 trade deadline by US President Donald Trump.Although the Trump administration has indicated that the trade deadline can be extended, investors prefer to stay cautious.The market…