Explainer: Central bank digital currencies – edging toward reality?
Central banks are looking at creating their own digital currencies – a stark contrast to the ethos of cryptocurrencies that seek to subvert mainstream authority...
Bank of America, Raymond James to pay $12 million restitution for fund overcharges
A U.S. regulator said units of Bank of America Corp and Raymond James Financial Inc will pay roughly 12 million in restitution to customers who...
Wendy’s reports strong results, with same-store sales rising
Wendy’s Co reported on Wednesday that North America same-store sales rose 4.4% in the third quarter, powered by new launches such as the $5 Biggie...
Apple publishes new technical details on privacy features
Apple Inc on Wednesday published four new papers outlining technical details of how some of the privacy features in its most recent operating systems work....
Oil prices fall on U.S. crude build, euro zone data
Oil prices fell on Wednesday, pulled down by a larger-than-expected build in U.S. crude stocks and weak euro zone economic figures, after gaining for three...
Ride-hailing market revs up in Egypt
Competition in Egypt’s ride-hailing and tech-enabled transport market is heating up as rivals from global giant Uber to smaller local firms vie for a slice...
Papa John’s new CEO shakes up top management; CFO to leave
Papa John’s International Inc said on Wednesday its finance head would leave the company next year as new Chief Executive Officer Rob Lynch makes top...
CVS tops quarterly estimates on Aetna strength; raises profit forecast
CVS Health Corp posted better-than-expected quarterly profit and revenue on Wednesday, boosted by its Aetna health insurance and pharmacy benefits management units, prompting it to...
Wall Street near highs after upbeat earnings run
Wall Street was on course to open close to record highs on Wednesday as investors digested a corporate earnings season that has seen the bulk...
Risk rally pauses as markets await signals on trade
Global stock markets steadied after a three-day rally on Wednesday as traders continued to watch incoming economic data and awaited new developments from U.S.-China trade...