In a groundbreaking move, M2 ADGM has announced that it now accepts deposits and withdrawals from UAE bank accounts to purchase Bitcoin (BTC) and Ethereum (ETH) with United Arab Emirates’ Dirhams (AED). This new integration, regulated by the Financial Services Regulatory Authority (FSRA) located in the ADGM, marks a significant milestone for the region’s adoption
The latest data released by Japanese drugmaker Eisai showcases the positive impact of the breakthrough Alzheimer’s drug Leqembi on patients over an extended period of three years. The study results indicate the critical need for patients to remain on the treatment for an extended period to experience its long-term benefits. One of the key findings
In the midst of a fluctuating financial landscape, municipal bonds have remained relatively stable. The recent shifts in U.S. Treasuries and stock market performance have influenced the state of municipal bonds. Despite the ongoing impact of external factors, muni yields have sustained levels similar to those observed in the previous summer. This steadiness in yields
The city of Gary, Indiana, is embarking on a revitalization effort with the help of Notre Dame’s School of Architecture. The Housing and Community Regeneration Initiative (HCRI) is working closely with city officials to develop a 10-year action plan for revamping the downtown area. This partnership aims to create a new master plan for the
The recent report on home affordability indicates a slight improvement for buyers this summer. According to data from the Mortgage Bankers Association, the median new mortgage payment in June showed a 2.4% decline from the previous month, which is a positive indicator for potential homebuyers. This improvement in affordability can be attributed to declining mortgage
Atsushi Mimura, Japan’s new vice finance minister for international affairs, recently spoke to Reuters about Japan’s stance on the yen and its approach to handling exchange rate volatility. Mimura emphasized the importance of market-determined exchange rates while acknowledging the potential negative impacts of excessive volatility on economic and financial stability. Mimura stated that Japan will
In a groundbreaking move, Bybit, the world’s second-largest cryptocurrency exchange, is set to host a livestream event featuring Web3 experts discussing the integration of blockchain technology into traditional digital platforms. The event, titled “Blinks, AI, Ignition: Bridging Web3 and Web2,” will take place on July 31, 2024, at 10AM UTC. The livestream session will focus
With the increasing need for data center capacity driven by artificial intelligence, cryptocurrency, cloud service providers, and social media companies, the demand for data centers is on the rise. According to Moody’s Ratings, data center capacity will need to more than double by 2028 to meet the growing power consumption. Companies like Digital Realty Trust
The aviation industry, particularly manufacturers like Boeing and Airbus, has been facing significant challenges in ramping up airplane production post-pandemic. Issues such as training new workers have been highlighted as key areas that will take years to rectify. The impact of these struggles extends beyond the manufacturers themselves to airlines and suppliers who are left
Spirit Airlines, a Florida-based carrier known for its budget air travel in the U.S., recently announced a change in its offerings. The airline plans to introduce new ticket packages for its highest-priced tickets, combining perks that were previously offered as add-ons for additional charges. This move comes as Spirit faces challenges such as a blocked