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Europe News

Can Brussels really become the world's largest issuer of green bonds?

The European Commission is about to issue its first-ever green bonds to finance the post-coronavirus recovery. The market is expected to reach $1 trillion by 2023.

Money

Taiwanese consumers can't get enough Lithuanian chocolate. Here's why

Donated COVID vaccines and diplomatic strife with China have made Lithuania a hot new destination for Taiwanese shoppers.

Tech News

US government threatens to sue Coinbase over crypto lending programme

The Securities and Exchange Commission issued Coinbase with a warning of legal action over its plans to offer a cryptocurrency lending platform to consumers.

Money

El Salvador officially adopts Bitcoin as currency - with a few hiccups

Skepticism around Bitcoin was not dispelled when Salvadorans couldn't access the country's new digital wallet - or when its price slid.

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Money

El Salvador approves €127 million Bitcoin adoption fund

The country's Congress approved the funding as it prepares to adopt Bitcoin as an official currency on September 7.

Money

PayPal users in Britain can trade Bitcoin from this week

Following the US last year, the payments provider says UK users will soon be able to buy, sell and hold four cryptos.

World News

Millionaire bankers in UK moved to EU just before Brexit, says report

Countries across the EU "registered a slight increase in the number of high earners, particularly Germany, France, and Italy.”

Tech News

Apple, Microsoft and Google make record profits

The three tech giants announced record-breaking earnings on Tuesday, as they continued to benefit from the shift online brought about by the COVID-19 pandemic.

Mobility

Tesla makes money on car sales for the first time in two years

Sales of cheaper models boosted the EV maker, which had relied on selling carbon credits to rival manufacturers to post profits for eight quarters in a row.

Money

Amazon crypto rumours help Bitcoin, Ether reach three-week highs

The world's fourth-largest company is reportedly planning to accept crypto payments and could issue its own token, according to reports.

Italy

G20 greenlights global corporate tax rate of at least 15%

Finance Ministers meet central bankers at the G20 in Venice with a view to stopping multinational companies from shifting profits into low-tax havens.

Tech News

Binance suspends SEPA payments in further blow to crypto exchange

The major crypto exchange is under pressure from authorities around the world as governments seek to tighten regulation on cryptocurrencies.

Europe News

EU unveils 'gold standard' sustainable finance strategy

The European Commission wants to consolidate the EU's position as global leader of green bonds, a growing market that surpassed €850 billion in 2020.

Money

Despite rise of cards during COVID, cash is still king in Switzerland

Cards are becoming more widely used in the face of COVID. But the Swiss are not ready to give up cash just yet.

Tech News

Third of major investment firms brand cryptocurrency 'rat poison'

Billionaire investor Warren Buffett once said crypto was "rat poison squared". A third of major investment firms agree.

Money

What are cryptocurrencies and how do you use them?

We're seeing a lot of growth in the use of cryptocurrencies. What are they and how do they work?

World News

G7 finance ministers come to agreement on global corporate tax rate

G7 finance ministers said they came to an agreement on global tax reform, committing to a corporate tax rate of "at least 15%".

United Kingdom

EU heavyweights press for G7 deal to stop tax abuse by multinationals

Finance ministers from France, Germany, Italy and Spain say the time has come to reach a deal on an "international tax system fit for the 21st century".

Money

Hungary is set to cut taxes on cryptocurrencies by half from 2022

Hungary is cutting tax on cryptocurrency earnings by half as interest in the crypto market drives it to all-time highs.

Tech News

Second-biggest cryptocurrency Ethereum soars above record $4,000 mark

In a week where other altcoins, including Dogecoin, took a hit, Ethereum's value has soared to record highs.