BlackRock is launching new tokenized money market funds specifically for stablecoin reserves. Find out how these new offerings are designed to meet US regulatory requirements under the GENIUS Act and what this means for the future of stablecoins.
Kenya has placed over 30 million academic records on the Avalanche blockchain to fight certificate fraud. Discover how this move by the Kenya National Examinations Council (KNEC) aims to create tamper-proof digital credentials and why employers and universities are being encouraged to verify records on-chain. Will this innovation curb the thousands of forged certificates reported annually?
Franklin Resources just posted record assets under management, hitting $1.8 trillion. What's fueling this massive growth across public, private, and alternative markets? Discover the key strategies and inflows driving this asset manager's success and the upcoming name change that may reshape its public image.
Ryan Specialty reported a 7.2% revenue jump to $917 million in Q2. Despite property market headwinds, casualty and underwriting management segments showed strength. Learn how the company is navigating pricing pressures and increased competition, and what its updated full-year guidance means for potential margin shifts.
Ardee Industries IPO opens August 5 on mainboard bourses to raise ₹425.87 Crore. Discover the price band, GMP, dates, and circular economy business SWOT.
UK households with heat pumps face potential winter warmth rationing as energy suppliers may remotely restrict heating to balance the grid. The government's 'Smart Secure Electricity Systems' scheme aims to prevent blackouts but raises concerns over consumer control and cybersecurity.
Bond traders are bracing for continued inflation-fighting measures from the Federal Reserve, even after a recent dip in consumer prices. Geopolitical events and economic stimulus are seen as persistent inflationary drivers. Expectations are rising for interest rate hikes later this year. Market participants are adopting cautious strategies amid this evolving economic outlook.
Thames Water creditors are now open to a government stake as the utility faces potential nationalisation under new leadership. A revised plan promises private investment and hints at state equity. Creditors seek government engagement to avoid prolonged legal battles and rebuild confidence in the struggling water company.