Prague-based defence firm Czechoslovak Group (CSG) is set to begin trading in Amsterdam on Friday, in a deal that is expected to become the biggest defence IPO on record by funds raised. The listing values the Czech-owned group at 25 billion euros ($29.30 billion), placing it among Europe’s most significant market debuts in recent years.
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As India approaches another Union Budget, the country’s crypto and Web3 community is doing so with restrained expectations, shaped by years of regulatory ambiguity and a policy approach that has prioritised taxation and oversight over formal recognition. The government has consistently maintained that cryptocurrencies and other virtual digital assets are not legal tender in India.
Europe and defense have been written about relentlessly over the past year. And while the urgency keeps getting louder, actions are still not matching the scale of the problem. January’s events alone, such as troop withdrawals, tariff threats, and Arctic brinkmanship, turned a slow debate about burden sharing into a real test of whether Europe
The cryptocurrency market is consolidating following its poor performance this week. Bitcoin is trading above $89k, while Ether has failed to recover above $3k. Meanwhile, XRP, the fifth-largest cryptocurrency by market cap, is consolidating above $1.90, a short-term support level. It risks dropping below this level despite ETF inflow into the ecosystem. XRP stays below
Meta Platforms stock price popped by over 5% on Thursday, adding billions of dollars in value. It rose to a high of $647, up by 11% from its lowest level in November last year. This article explores why the META stock rose and what to expect ahead of the upcoming earnings. Meta Platforms stock price
Chipmaking giant Nvidia’s China curse may finally be easing, after reports that Chinese officials have told Alibaba and other tech companies to prepare for purchases of Nvidia’s H200 artificial intelligence chips, signalling that Beijing may be moving toward formally approving imports of the components. According to a Bloomberg report, Chinese regulators have given in-principle approval
Top corporate leaders expressed relief after US President Donald Trump stepped back from imposing new tariffs on Europe, but warned that geopolitical uncertainty and regionalization remain central concerns for global business. Speaking to CNBC on the sidelines of the World Economic Forum in Davos, executives said the easing of immediate trade tensions had lifted markets,
This time last week, the S&P 500 hit yet another all-time high, coming within a couple of points of 7,000. Over the previous two months, the index had made a series of higher lows and higher highs. Over the same period, the VIX index, a measure of S&P volatility, had declined steadily, falling back to
Adobe stock price continued its freefall this week, reaching its lowest level since November 22, turning one of the best-known software companies into a fallen angel. ADBE dropped to a low of $294, down by 53% from its highest point in 2024, with its market capitalization falling from the all-time high of $288 billion to