Saks Global, the parent organisation of the storied American luxury department store chain Saks Fifth Avenue, filed for Chapter 11 bankruptcy protection in the US Bankruptcy Court for the Southern District of Texas late Tuesday. The filing represents a critical turning point for the retailer as it grapples with a mounting debt burden and a
Chiliz (CHZ), which is linked to sports fan engagement through platforms like Socios and Locker Room, is seeing renewed momentum as the 2026 FIFA World Cup tournament approaches. The cryptocurrency has experienced a notable upswing since mid-December 2025, capturing investor attention. Fan token expansion fuels Chiliz (CHZ) demand Chiliz price has benefited from the continuous
The cryptocurrency market is in the green following a rocky start to the week. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have increased in value by 4%, 7%, and 5%, respectively, over the last 24 hours. They are now trading at key levels and could rally higher in the near term, with the bulls targeting
Zilliqa (ZIL) is trading at $0.0058 on Wednesday after adding more than 4% to its value since Tuesday. The coin is currently rallying thanks to growing retail demand fueled by rising trading volume and Open Interest (OI). With the funding rates also positive and the momentum indicators switching bullish, ZIL could rally towards the $0.0065
Salesforce stock price is stuck in a technical bear market, moving by ~34% from its highest point in 2025. It has continued to underperform the broader market as the S&P 500 and Nasdaq 100 indices moved to a record high. So, is this software giant a good buy today? Salesforce stock crashes amid AI disruption
Infosys Ltd., India’s second-largest IT services company, reported a mixed performance for the third quarter, marked by a decline in profit but steady revenue growth and an improved outlook for the coming fiscal year. The results highlight both the near-term pressures facing the sector and early signs of stabilisation in client spending. Profit declines amid
Adobe stock has evolved from one of the hottest trades in Wall Street into one of the top laggards. It plunged to a low of $309, its lowest level since November 2022, and 55% below its highest level in 2021 it has erased billions of dollars in value as the market capitalization dropped from over
Visa, the global leader in digital payments, has partnered with stablecoin infrastructure provider BVNK to integrate stablecoin capabilities into Visa Direct, its real-time money movement network that handles $1.7 trillion in annual volume. The collaboration, announced on January 14, allows select business customers to pre-fund Visa Direct payouts using stablecoins instead of relying solely on
The World Economic Forum’s (WEF) latest Global Risks Perception Survey has issued a sobering assessment of the threats facing global markets and economies over the next decade. Taken together, these risks could materially disrupt trade flows, destabilize supply chains, and depress global growth just as the world economy struggles with fragmentation and eroding institutional trust.
On Wednesday, Brazil’s Federal Police executed search and seizure orders on businessman and investor Nelson Tanure as part of the second phase of Operation Compliance Zero, a broad investigation into alleged financial irregularities involving Banco Master and related entities. Tanure is well-known in Brazil’s corporate environment, particularly for his investments in financially distressed enterprises. According