Stay informed with the latest financial news, market insights, investment strategies, and global economic updates. The Finance category at Ferox covers everything you need to make smarter financial decisions in today’s digital world.
NBA legend Shaquille O’Neal has agreed to pay $1.8 million to settle a class-action lawsuit brought by investors in the collapsed crypto exchange FTX, according to several media reports this week. The investors allege that O’Neal misled them by appearing in ads for the collapsed cryptocurrency exchange. The payout is about $1 million more than…
Brazil has scrapped a long-standing tax exemption on cryptocurrency gains, with a new provisional measure (MP 1303), imposing a 17.5% tax on all crypto profits for individuals. Previously, individuals selling up to R$35,000 (around $6,300) worth of crypto per month were exempt from taxation. Before the change, gains above that were taxed progressively, reaching as…
Over the past few weeks, the Bitcoin price has maintained a somewhat healthy momentum, forging minor swing highs and lows in its bull run revival. Interestingly, this early-week upward movement has been corrected following the escalating conflict between Israel and Iran. All in all, the overall positive outlook for the premier cryptocurrency has remained, even…
Conducting your due diligence in choosing the right lender for a business auto loan is far more important than simply getting the financing for your vehicle. It can impact your finances, loan experience, and your future cash flows. With this in mind, my picks for the best business auto loans include providers that have a…
TOKYO: Nippon Steel on Saturday touted a “historic partnership” with US Steel after President Donald Trump approved a multi-billion-dollar merger. But the Japanese giant faces numerous headwinds going forward. Here are some of the challenges facing the company, from trade tariffs to lacklustre global demand: – US conditions – Nippon Steel and US Steel said…
SAN JOSE: Advanced Micro Devices (AMD) CEO Lisa Su on Thursday unveiled a new artificial intelligence (AI) server for 2026 that aims to challenge Nvidia’s flagship offerings as OpenAI’s CEO said the ChatGPT creator would adopt AMD’s latest chips. Su took the stage at a developer conference in San Jose, California, called “Advancing AI” to…
U.S. President Donald Trump approved Nippon Steel’s $14.9 billion bid for U.S. Steel on Friday, capping a tumultuous 18-month effort by the companies that survived union opposition and two national security reviews. Trump signed an executive order saying the tie-up could move forward if the companies sign an agreement with the Treasury Department resolving national…
BEIJING/HONG KONG: Boeing delivered a new 787-9 aircraft to China’s Juneyao Airlines on Saturday, Chinese media outlet Yicai reported, as trade tensions between Beijing and Washington ease. The delivery comes two days after a Boeing 787-8 Dreamliner with 242 people on board crashed in a fireball shortly after takeoff in western India. Boeing and Juneyao…
SEATTLE: Boeing leadership was back in crisis mode on Thursday following the deadly crash of an Air India 787-8 Dreamliner jet minutes after take-off earlier in the day. The planemaker’s new CEO Kelly Ortberg had been set to head to the Paris Air Show, the industry’s biggest event of the year, after several key accomplishments…
Donald Trump has disclosed an income of $57.3M from World Liberty Financial tokens. The president filed his public financial disclosure to the US Office of Government Ethics, declaring that he holds 15.75B $WLFI tokens, the native cryptocurrency of WLF. Interestingly, though, no details were provided as to how this income was generated. Was it through…
