Europe's VCs Seek Glimmers of Growth Amid the Gloom
Help us improve Bloomberg's newsletters: Take a quick survey to share your thoughts on your signup experience and what you'd like to see in the future.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
17 minutes ago
- Bloomberg
China Defends Buying Russian Oil After Trump's Tariff Threat
China said its imports of Russian oil are justified, pushing back against US threats of new tariffs after Washington slapped secondary levies on India for buying energy from Moscow. 'It is legitimate and lawful for China to conduct normal economic, trade and energy cooperation with all countries around the world, including Russia,' the Chinese Foreign Ministry said Friday in a statement to Bloomberg News. 'We will continue to adopt reasonable energy security measures in accordance with our national interests.'
Yahoo
18 minutes ago
- Yahoo
China tells brokers to stop endorsing stablecoins in bid to avoid instability, Bloomberg News reports
(Reuters) -Chinese regulators have asked local brokers and other bodies to stop research publication and seminars to endorse stablecoins in a bid to check the asset class and avoid instability, Bloomberg News reported on Friday. Some brokerages and think tanks received guidance from market regulators in late July and earlier this month, pushing them to cancel seminars and discontinue dissemination of research on stablecoins, the report said, citing people familiar with the matter. Regulators are also concerned that stablecoins could be exploited as a new tool for fraudulent activities in mainland China, the Bloomberg report said. China Securities Regulatory Commission and the People's Bank of China did not immediately respond to a Reuters request for comment. Reuters could not immediately verify the report. Stablecoins are a type of cryptocurrency designed to maintain a constant value and are usually pegged to a fiat currency such as the U.S. dollar and are commonly used by crypto traders to move funds between tokens. While China's 2021 ban on cryptocurrency remains in effect on the mainland, Hong Kong passed a stablecoin bill earlier this year to boost its status as a global digital asset hub. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
an hour ago
- Bloomberg
HSBC Takes New Canary Wharf Office Alongside Downsized City HQ
HSBC Holdings Plc has signed a lease for additional office space in Canary Wharf two years after agreeing to shift its global headquarters to the City of London. The bank has rented 210,000 square feet (19,510 square meters) of space on a 15 year lease at 40 Bank Street in the east London financial district, according to an emailed statement from landlord Canary Wharf Group. Bloomberg previously reported that the bank was in talks to take all of the empty space at the site, after growing concerned that its new headquarters would not be large enough.
