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Global spending in the metaverse could reach $5 trillion by 2030, according to a new report from international consulting firm McKinsey & Company. Published yesterday, the 77-page report titled “Value Creation in the Metaverse” analyzed current adoption trends and drew additional insight from two global surveys; one gathered data from 3,104 consumers across 11 countries, […]
Shares of biotech AC Immune SA ACIU, -9.21% slid 15% in premarket trade Thursday, after the company said a a trial of a treatment for Alzheimer’s disease failed to slow or prevent cognitive decline in patients with a specific genetic mutation that causes early-onset disease. The trial involved 252 people who are members of the […]
Anthony Pompliano made similar remarks on Monday, noting that Bitcoin’s “value and price are diverging” and that “weak hands are selling to strong hands.” 4479 Total views 69 Total shares Jurrien Timmer, director of global macro of Fidelity, has argued that Bitcoin (BTC) may be “cheaper than it looks,” highlighting evidence on Tuesday that the […]
The Swiss franc CHFEUR, +1.73% surged against the euro after the Swiss National Bank joined the rate hike party. The franc rose to €0.9767 from €0.9631 on Wednesday. The central bank lifted its base rate by a half point, to negative 0.25%. It also expressed a willingness to intervene in the foreign exchange market as […]
This press release is not available in English. Please consult the French or Dutch site. Source: FSMA
The Financial Conduct Authority (FCA) is today writing to more than 3,500 lenders to remind them of the standards they should meet as consumers across the country are affected by the rising cost of living. With household bills expected to continue to rise into the autumn, it is important that firms act now to make […]