US Start-Up Failures Surge: 254 Businesses Shut Down Amid Rising Interest Rates and Economic Pressures

Over the past year, 254 start-ups in the United States have gone out of business, marking the highest number of failures since at least 2019. […]

Severe Payment Delays Hit Russian Firms’ Transactions with China Amid Sanctions Concerns

Russian companies are encountering severe payment delays and escalating costs in their transactions with China, with billions of yuan currently stalled in the process. These […]

Bank Term Funding Program Update: Ceasing New Loans, Adjusted Interest Rates, and Implications for Market Stability

The issuance of new loans under the Bank Term Funding Program ends as scheduled on March 11. Eligible institutions can continue accessing the program for […]

Billionaire Investor Bill Ackman Playfully Ponders Bitcoin’s Infinite Rise and Potential Impact on Energy and Economy

Pershing Square Capital Management’s founder and CEO, Bill Ackman, recently expressed interest in Bitcoin, suggesting a scenario where Bitcoin’s price surge leads to increased mining […]

Microsoft reveals a €1.95 billion commitment to invest in AI and cloud infrastructure in Spain

Microsoft is set to make a substantial investment of €1.95 billion in Spain, emphasizing the expansion of artificial intelligence (AI) and cloud infrastructure. This strategic […]