Lloyds Banking Group plans to cut £2bn in costs and invest £13bn by 2030, leveraging AI and new technology to drive growth, improve efficiency, and expand internationally. CEO Charlie Nunn detailed the four-year strategy, which includes AI-powered advice and faster mortgage approvals.
Mps prende atto della decisione del cda di Banco Bpm di interrompere le consultazioni per un'aggregazione, nonostante il potenziale strategico. Mps si concentra sul piano di crescita e sull'integrazione con Mediobanca, valutando opzioni future.
SOS Limited shareholders approved expanding the authorized share pool 100-fold, from 70 million to 7 billion, to enable future financing. This follows the crypto-linked company's $97.3M net loss in 2025 and low cash reserves, despite holding $79.1M in Bitcoin and Ethereum.
A German court ruled against AI music startup Suno, finding it violated copyright by using GEMA's catalog to train its AI and reproduce protected works without a license. Suno disputes the ruling, citing a misunderstanding of its technology and considering an appeal.
Hyperscale Data's market cap ($56.4M) is below its disclosed Bitcoin holdings value ($71.7M), leaving uncertainty over the gap's allocation to common shareholders amidst liabilities, potential ATM stock issuance, and unresolved subsidiary asset treatment.
Novo Nordisk faces a lawsuit from shareholders alleging misleading statements about its obesity drug CagriSema's clinical trial, leading to a significant market value drop. A federal judge has allowed parts of the lawsuit to proceed.
Australia dominates Commonwealth Games swimming, winning 23 of 35 events, with Olympic champion Cameron McEvoy predicting a golden era peaking at the 2032 Brisbane Olympics.
Three Bitcoin holders sue Apple for $1.8M loss due to a counterfeit Sparrow Wallet app on the App Store, alleging fraud and negligence despite developer warnings since January 2024.
Jhandu Kumar, a 29-year-old para powerlifter from Bihar, wins bronze at the Commonwealth Games in Glasgow, overcoming a polio-affected childhood and humble beginnings as an e-rickshaw driver to become India’s first medallist in this edition of the Games.
Corporate Bitcoin holdings, often financed by convertible notes and preferred shares, face maturity and dividend pressures that can force companies like Strategy and Bitdeer to sell BTC, impacting market supply regardless of long-term price beliefs.
Strategy revamped its Bitcoin valuation metrics, introducing 'net' measures to clarify common shareholder value by excluding debt and preferred stock. Executive chairman Michael Saylor called it a 'new financial language.' MSTR stock is under pressure ahead of Q2 earnings on July 30, even as new metrics show improved parity.
Peter Barber, co-founder of Australian video tech firm Blackmagic Design, is suing the company and co-founders Grant Petty and Douglas Clarke in Federal Court, alleging he's been denied dividends, information, and the ability to sell his $98M stake due to hostility.
The Trump administration is eliminating or freezing federal advisory committees, impacting agencies like NASA. Experts Kelly Holley-Bockelmann and Juan Meza express concern that this reduces independent scientific advice, potentially leading to less diverse viewpoints and politically motivated decisions.
A CertiK report reveals a sharp increase in violent 'wrench attacks' against crypto holders, with 52 incidents in H1 2026, up from 39 a year prior. Financial exposure surged to $124.1 million, driven by a rise in home invasions, particularly in France, where organized groups target victims using leaked data.
Bitcoin trades near $65,978, below the short-term holder cost basis of $69,000, as markets anticipate the Federal Reserve's July 28-29 meeting. Weak labor data and slowing core CPI suggest a less restrictive Fed, but rising oil prices and Treasury yields add complexity, making Bitcoin's rally conditional on the Fed's stance.
XRP's price recovery above $1.16 is supported by large holders accumulating tokens and reducing exchange deposits, while US spot XRP ETFs continue to attract fresh capital, signaling increased conviction and sustained demand.
China's commerce ministry announced that Beijing and Washington are actively soliciting industry feedback on potential bilateral tariff reductions through a newly established board of trade, with the US also collecting public input.
The global landscape of passport strength is evolving, reflecting geopolitical shifts and inequalities. While overall mobility has increased due to more visa-free agreements, significant disparities persist, with some passports offering extensive access and others severely limiting travel, impacting individuals' lives and global interactions.
Mirae Asset Consulting, an affiliate of a major South Korean financial group, completed its acquisition of a controlling 92.06% stake in crypto exchange Korbit for 133.48 billion won, becoming its largest shareholder. Korbit confirmed operations and customer asset segregation remain unchanged.
Eternal's Q1FY27 shareholder letter reveals strong B2C net order value growth, with Blinkit emerging as the primary growth engine and achieving profitability. Food delivery remains a steady profit anchor, while new ventures like Bistro and Nugget are in early investment stages.
UK warehouse landlord Segro's board has unanimously agreed to recommend a £14bn takeover offer from US rival Prologis, a U-turn after rejecting previous bids. The decision follows pressure from major investor Norges Bank and comes amid a rush of overseas bids for British companies.
FTSE 100 warehouse landlord Segro capitulated to a £14bn takeover offer from US giant Prologis, despite CEO David Sleath's fight for independence. The deal, valued at £10.32 a share, is seen as a blow to the London stock market's diversity and a sign of its vulnerability to overseas firms.
The Senate Commerce Committee advanced bipartisan legislation to toughen a ban on Chinese automakers from the U.S. market. However, Chairman Ted Cruz warned that the bill's 15% Chinese ownership threshold could unintentionally bar Mercedes-Benz due to its significant Chinese investment, necessitating changes before it becomes law.
Thames Water bondholders, facing a credible threat of special administration, are now proposing new ideas like a "golden share" and "supervisory structures" to take over the utility. This shift exposes the government's earlier weak approach to the company's financial crisis, prompting the new Prime Minister to choose between nationalization, special administration, or a revised creditor deal.
