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A recent survey by KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA) shows a notable increase in the adoption of cryptoasset products and services by financial organizations and institutional investors in Canada. Crypto’s acceptance in Canada’s financial sector According to the bi-annual survey, there has been a significant rise in […]

• April 25, 2024 02:14 AM PDT
• Invezz

A worrying new report, released ahead of this week’s G7 conference, suggests that all of the G7 countries are set to fall far short of the nations’ 1.5°C Paris Agreement limit. On April 23rd, a new publication by global policy institute Climate Analytics outlined a ‘2024 update’ on how the G7 governments were doing with […]

• April 25, 2024 02:14 AM PDT
• Invezz

With Exxon Mobil Corp (NYSE: XOM) gearing up to unveil its first-quarter earnings report, investors are eyeing the horizon with anticipation. As the energy behemoth steps into the earnings spotlight, projections and expectations loom large. Analysts have already made their predictions, estimating that Exxon Mobil will bring in around $81 billion in revenue for the […]

• April 25, 2024 01:40 AM PDT
• Invezz

Morgan Stanley is set to expand its bitcoin strategy by enabling its 15,000 brokers to actively recommend bitcoin exchange-traded funds (ETFs) to their clients, signaling a significant shift in the firm’s approach to cryptocurrency investments. Broader access to bitcoin investments Previously, following their approval earlier this year, Morgan Stanley had allowed the purchase of bitcoin […]

• April 25, 2024 01:37 AM PDT
• Invezz

Memecoin Shiba Inu (SHIB) revealed the newest edition of its ‘The Shib’ magazine, highlighting key ecosystem developments. Let us dig deep into the magazine to see why it revitalized investor optimism despite SHIB’s unwelcoming price action. The Shib’s latest version Shiba Inu’s newest copy of its magazine reveals various significant strides by the meme token, […]

• April 25, 2024 01:11 AM PDT
• Invezz

Repsol (ETR: REP) share price dipped on Thursday after the company published weak financial results. It dipped by over 1.30% and reached its lowest level since March 11th this year. It has dropped by 10% from its highest point this year, meaning that it has moved into a correction zone. Repsol’s earnings retreated Repsol, the […]

• April 25, 2024 01:08 AM PDT
• Invezz

• April 25, 2024 12:08 AM PDT
• Invezz

Multinational consumer goods company Unilever (NYSE: UL) released its latest financial results before markets opened today, on April 25th. The company experienced better-than-expected underlying sales growth of 4.4%, with all five business groups reporting underlying sales growth, led by Beauty & Wellbeing (up 3.1%) and Ice Cream (up 2.7%). Operating margin for the quarter was […]

• April 24, 2024 11:16 PM PDT
• Invezz

BHP (ASX: BHP), the biggest mining company in the world, has made a £31 billion bid for Anglo American (LON: AAL) in what is the biggest deal in the industry in a long time. As a result, Anglo American’s shares jumped by over 10% as investors anticipated a bidding war for the company. BHP to […]

• April 24, 2024 11:05 PM PDT
• Invezz

Something is happening in the luxury goods industry. In France, Hermes (RMS) stock price has surged to a record high while Kering (KER) has plunged to its lowest level since October 2017. It has crashed by over 54% from its highest point in 2023.  The same trend is happening in the UK, where Burberry (LON: […]

• April 24, 2024 09:06 PM PDT
• Invezz