August 7, 2025

industry

Banking

Citibank, Spiral Binding to cut 200 North Jersey jobs

3-minute read Filing for New Jersey unemployment guide Step-by-step guide to navigating New Jersey’s unemployment filing process online. Megan Fernandes and Katie Sobko, NorthJersey.com A local North Jersey manufacturer and a banking giant are laying off nearly 200 people combined in the coming weeks, according to public notices filed with the New Jersey Department of

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Crypto

Venture capitalists are funding a new wave of crypto mania on college campuses

As crypto’s reputation undergoes a cautious rehabilitation in the court of public opinion, venture capital firms are funding a new wave of blockchain activity on college campuses. A group of specialist digital-asset investors — including Collab+Currency, Consensys Mesh, Artemis and Hydra Ventures — has pooled together roughly 600 Ether, the world’s second-largest cryptocurrency and widely

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Investment

Cleveland-Cliffs open to sale of assets, foreign investment

CLEVELAND, Ohio – Cleveland-Cliffs on Monday reported record steel shipments of $4.3 million in the second quarter, citing the positive impact of President Trump’s import tariffs, while also indicating its openness to selling various parts of the company. CEO Lourenco Goncalves, in a Monday earnings call, indicated that the company is open to foreign investment

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Loans

Tamil Nadu Farmers Protest Credit Score Mandate for Crop Loans | Industry

Farmers argue that the changes are discriminatory and impractical, especially given the volatile state of agriculture, with unpredictable rainfall and unremunerative market prices. (AI Generated Image) With the cultivation season fast approaching, farmers in Tamil Nadu’s Erode district have raised serious objections to new state directives that condition agricultural crop loans on CIBIL credit scores

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Investment

Türkiye’s 2025 investment action plan targets industry, green energy

Türkiye’s Investment Environment Improvement Council (YOIKK) has recently released its 2025 Action Plan, outlining legal and structural reforms to improve the country’s investment climate, with a strong focus on several areas, including industrial transformation, green energy, digital economy and regional competitiveness. The plan includes 39 actions aimed at supporting private sector investments, streamlining bureaucratic procedures,

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Banking

Two visions of European finance clash at elite Italian banking gathering – POLITICO

It began last year, when Milanese banking giant UniCredit angered Prime Minister Giorgia Meloni’s government by attempting to take over crosstown rival BPM, which Meloni had hoped to merge with the partially bailed-out Tuscan lender Monte dei Paschi di Siena. In response, Rome deployed screening tools known as the ‘golden power’ — whose purpose is

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Investors

A new outlet for retail investors? FIND MINING promises to disrupt the industry and strives to achieve $1 billion in revenue by 2025

As Bitcoin resumes its upward trend, FIND MINING will seize new opportunities in cloud computing power in 2025 and target a wider user group finddmining Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree

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Funds

Carolina lawmaker privately asks Trump aides to free Mercedes EV funds

Hannah Natanson and Jeff Stein  |  Washington Post U.S. Rep. Nancy Mace (R-South Carolina) privately asked the Trump administration last week to release funding for a Mercedes-Benz plant to convert to the production of electric vehicles, according to a letter obtained by The Washington Post. In a two-page letter to Energy Secretary Chris Wright, Mace

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Banking

EU resurrects banking practice that caused the 2008 financial crisis – POLITICO

In the pre-2008 lending boom, American banks sold their dodgiest “subprime” loans to investors around the world. When the U.S. housing bubble burst and borrowers defaulted en masse, a global financial crisis ensued. Brussels now wants to loosen the rules governing the practice, meaning banks would need to put aside less capital against the loans

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Crypto

Crypto Cloud Mining is Fast Becoming The Most Preferred Investment Option: Zaminer Leads The Industry With Free Entry

London, UK, May 21, 2025 (GLOBE NEWSWIRE) — The latest trade developments provided a boost to risk assets in general, with U.S. equities also rebounding. Crypto traders have been looking for concrete signs of progress in trade talks amid fear that the tariffs mooted by the Trump administration will cause economic growth to stumble. Meanwhile, cryptocurrency

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