Tag: cash
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Russians turn to cash putting more strain on slowing wartime economy
Russians have been hit by mobile internet shutdowns and more businesses are seeking to dodge tax after more than four years of war with Ukraine.
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EU lawmakers pave way for ‘digital euro’ negotiations
The digital euro has been touted as the EU’s best chance at breaking its dependence on US payment systems like Visa and Mastercard, as well as Apple Pay and Google Pay.
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SpaceX launches debt sale to raise capital, reports $100.8 billion in cash
June 22 : Elon Musk’s SpaceX launched its first-ever notes offering on Monday and said it had about $100.8 billion in cash and cash equivalents as of June 19, days after its blockbuster U.S. stock market IPO.The rockets-to-AI company debuted on the Nasdaq on June 12 after raising $85.7 billion from its initia
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Cash transfers are expanding in India but need smarter delivery
Cash transfers are a major welfare tool but they come at a huge cost, raising concerns about their long-term efficacy.
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Analysis:Japan governance reforms set to prise open $1.8 trillion cash hoard
TOKYO, June 11 : Proposed revisions to Japan’s governance code that stress the need for efficient use of cash have raised expectations among investors that corporate hoarders will start to mobilise their $1.8 trillion money mountain.The revisions, to be finalised in the summer, could see companies return more
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German asylum benefits cuts violate EU law, top court rules
In a victory for rejected asylum-seekers, the European Court of Justice has ruled they must be given more than just the bare minimum to survive. But as the EU’s new migration pact kicks in, will relief be short-lived?
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