Nigeria’s Central Bank has teamed up with the blockchain-powered financial platform Gluwa Nigeria to accelerate the use of eNaira, the nation’s central bank digital currency (CBDC). The collaboration, announced by Gluwa on March 7, highlights the ongoing efforts by Nigeria’s Central Bank to overcome challenges in both financial inclusion and CBDC adoption. Nigerian Central Bank...
(Reuters) - Officials from the U.S. government asked UnitedHealth Group (NYSE:UNH) to expedite payments to healthcare providers in an open letter on Sunday, after a hack of the insurer\'s Change Healthcare (NASDAQ:CHNG) tech unit crippled medical claims and payments. Officials from the U.S. Department of Labor and the U.S. Department of Health and Human Services...
The average of household spending was down 6.3 percent on year in January, the Ministry of Economy, Trade and Industry said on Friday - coming in at 289,467 yen. That missed expectations for a decline of 4.1 percent following the 2.5 percent drop in December. On a monthly basis, household spending slipped 2.1 percent -...
By Katya Golubkova and Yuka Obayashi TOKYO (Reuters) - Resource-scarce Japan is shoring up long-term supplies of liquefied natural gas from close allies Australia and the United States as key contracts from providers including Russia are set to expire by the early 2030s. Japan\'s biggest power generator JERA last month agreed to buy a 15.1%...
European stocks may see modest gains at open on Friday after Federal Reserve Chair Jerome Powell said the U.S. central bank is getting close to the confidence it needs to start lowering interest rates. Cleveland Fed President Loretta Mester reiterated on Thursday that there could be a likelihood of rate cuts later in the year,...
The Athens Stock Exchange (ATHEX) plans to deploy a new tool, the Electronic Book Building (EBB), on the Sui blockchain. ATHEX Plans To Release EBB On Sui In a blog post on March 6, Sui said the partnership marks the first time a stock exchange is developing such a solution on a public blockchain. The EBB will...
By Jonathan Stempel (Reuters) - A federal judge blocked Washington state from enforcing most of a law intended to boost oversight and improve living conditions at the state\'s only privately-run, for-profit immigration detention facility. Friday\'s decision by U.S. District Judge Benjamin Settle will benefit Geo Group (NYSE:GEO), the owner of the Northwest Immigration and Customs...
The U.S. dollar continued its early weakness against other major currencies in the Asian session on Friday amid rising fears among traders that the U.S. Fed Reserve is likely to cut its interest rates this year. U.S. Fed Chair Jerome Powell told Congress on Thursday that rate cuts \"can and will\" begin this year. Asian...
Crypto exchange behemoth Binance has revealed a ‘crypto’ luxury perfume in a move to lure more women into the digital asset space. The fragrance was unveiled in conjunction with the International Women’s Day. Rachel Conlan, Chief Marketing Officer at Binance, calls the campaign as “bold, distinctive, and deliberately disruptive.” She added that “it’s a message...
The U.S. Consumer Product Safety Commission or CPSC has announced recalls including snowmobiles, LaBomba bicycles, Coolers, pants sets, Fossil Bracelets, crib mattresses, and magnetic ball sets citing various reasons. The recall involves about 2,700 units of Textron Specialized Vehicles\' Arctic Cat Catalyst 600 Snowmobiles for injury risk; about 3,040 units of GT Bicycles LLC\'s LaBomba...