Author: Lucas

Africa’s largest currency union will pilot a retail central bank digital currency in early 2026, pressing on with a centralised strategy even as momentum shifts increasingly in favour of stablecoins as an alternative. “We are at the proof of concept [stage] now, and after that we will move to the pilot stage,” Jean-Claude Kassi Brou, governor of the Central Bank of West African States (BCEAO), told The Banker, with the pilot due to begin in the new year.The BCEAO is the central bank to the West African Economic and Monetary Union, consisting of eight francophone West African states with a…

Welcome to the HUL Stock Liveblog, your go-to platform for real-time updates and analysis on a top-performing stock. Stay ahead of the market with our in-depth coverage of HUL, including: Last traded price 2436.0, Market capitalization: 572360.43, Volume: 1329256, Price-to-earnings ratio 52.56, Earnings per share 46.34. Get a complete picture of HUL’s performance through our comprehensive blend of fundamental and technical indicators. Stay informed about breaking news that can influence the stock’s trajectory. Our liveblog equips you with the knowledge and insights needed to make confident investment decisions. Don’t miss out on the latest updates as HUL continues to make…

Insurance professional, Gary Boome, has announced the launch of Renata Group Ltd, which he says is a fresh new customer focused insurance brokerage designed to deliver clear insurance solutions to customers nationwide. Gary has more than two decades of experience including growth of BM property insurance services, a Bournemouth based company. Gary said Renata aims to “bring simplicity and confidence” to clients. He said: “We’re blending traditional service values with modern business practises, to ensure our clients get the protection they need but without the complexity the industry has become renowned for.” The name Renata comes from the Latin word…

November 6, 2025 Jessica Mathews / news@whmi.com A big business expansion project is coming to Genesee County. The expansion project from Miller Industries in Fenton comes with support from the Michigan Economic Development Corporation (MEDC). It is said to represent $43 (m) million in capital investment and creating at least 167 new good-paying, local jobs in the community. This marks the company’s second expansion within three years in Fenton Township.Co-CEO of Miller Industries Chad Miller commented “This project marks another great step in our continued partnership with the State of Michigan. We’re proud to be part of a shared commitment…

In a striking demonstration of technological prowess, Alibaba’s artificial intelligence systems have achieved what many considered improbable: decisively outperforming leading Western AI models in real-world financial applications. The Chinese technology conglomerate’s Qwen model has not merely edged past competitors but has delivered a commanding performance in a prestigious algorithmic trading contest, raising questions about shifting dynamics in the global artificial intelligence landscape. Trading Arena Reveals Performance Gap The “Alpha Arena” competition organized by Nof1, running from October 18 to November 4, 2025, provided the setting for this revealing comparison. Six premier artificial intelligence systems competed with identical starting capital of…

In this episode of the Which? Money podcast, we’re joined by Which? Head of Strategic Insight Katie Alpin who gets us up to speed on why we’re calling for action from the Financial Conduct Authority, and what’s happened since we filed our super-complaint against them.Plus, we’re joined by Kaja Cordwell who shares her heartbreaking story of how a house fire meant she and her family still haven’t been able to return home nearly two years on. She believes her insurer has let her down.Click to download a transcript of this podcast.What is the Which? Money podcast?The Which? Money podcast offers…

XAU/USD Current price: $3,984.51The US Challenger Job Cuts report showed that US-based employers announced 153,074 cuts in October.Wall Street plummets amid concerns surrounding the tech sector, reviving demand for the USD.XAU/USD is at risk of piercing its recent lows in the $3,880 price zone.Spot Gold enjoyed near-term demand throughout the first half of the day, peaking at $4,019.66 on Thursday. The XAU/USD pair changed course after the American opening, as Wall Street plunged, fueling demand for the US Dollar (USD), particularly against safe-haven and commodity-linked rivals. As a result, Gold turned south and trades in the $3,980 price zone.European indexes…

The Bombay High Court has held that leave under Clause 12 of the Letters Patent is not required for instituting a suit in the High Court’s original civil jurisdiction when the case falls under Section 19 of the Code of Civil Procedure (CPC), i.e., for compensation for wrongs done to a person or movable property. The Court clarified that Clause 12 applies only to suits covered under Sections 16, 17, and 20 CPC, whose applicability to the High Court is expressly excluded by Section 120 CPC.Justice Sandeep V. Marne delivered this ruling while hearing a defamation suit against the defendants…

11/6/2025 1:00:00 PM Bulgaria is drafting legal changes that will allow it to seize control of sanctioned Russian oil major Lukoil’s Burgas refinery and sell it to a new owner to protect the plant from U.S. sanctions, local media reported. Burgas is Bulgaria’s only oil refinery, and was a key part of Lukoil’s foreign business empire, which began to unravel in recent days after the U.S. joined Britain last month in imposing sanctions on Russia’s two largest oil companies over Moscow’s war in Ukraine.  The draft legislation, first reported by Bulgarian outlet Mediapool on Wednesday, would permit a special manager,…

Firefly was smart to pay most of the SciTec purchase price in shares — and got a great deal.Firefly Aerospace (FLY 12.04%), the recent space stock IPO and one of only a handful of entities ever to have successfully landed on the moon, saw its stock price crumble Thursday, down 12.5% through 11:20 a.m. ET. The craziest thing of all: It happened in response to positive news. Image source: Getty Images. Firefly gets bigger Last month, if you recall, I told you about a big acquisition Firefly was working on to make itself not just a space stock but a…