Would you buy stock in a company whose own scientists think the product might kill you?

Before the war in Iran, roughly 15 million barrels of Persian Gulf oil were shipped each day through the Strait of Hormuz. Within a few years, much of that oil could bypass the strait.As Iran’s chokehold over the strait drags on and oil prices surge, countries across the Gulf are planning to spend billions of…

“Innovation” is everywhere—splashed across corporate memos, LinkedIn posts, and marketing strategies until it can feel more like a buzzword than a meaningful ambition. So what separates genuine breakthroughs from empty rhetoric? Ahead of Fast Company’s 12th annual Innovation Festival, we asked 12 of our speakers what the word means to them, what their number one…

Nationwide has boosted the perks of its fee-free FlexDirect current account, meaning new customers could get up to £370 in free cash in their first year. The building society has upped its cashback deal, with customers now able to get up to £120 in free cash from spending in their first year, double its previous…

British lender Standard Chartered Bank is helping domestic banks mobilise more foreign currency non-resident (bank) [FCNR (B)] deposits through the Reserve Bank of India’s (RBI’s) concessional swap window by lending to them, even as it has itself mobilised a substantial amount under the scheme, which may be more than it can handle, said PD…

The Banca d’Italia has published a report on digital currency asking the question: Are Stablecoins Efficient for Remittances? The goal was to determine if stablecoins provided an improvement over more traditional payments and transfers regarding cost and speed. The paper reviews transfers of $200 in USDC  across ten different countries using both global and local…