August 5, 2021
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CPMI Workplan Highlights Focus on Stablecoins, CBDCs

CPMI annual work programme highlights cross-border payments, stablecoins, CBDCs, central clearing and FMI risks as key priorities. Global standard-setter CPMI (Committee on Payments and Market Infrastructures) has published its work programme for 2021-2022, highlighting its focus on shaping the future of payments and addressing risks in...
Markets

5 Birmingham farmers markets to visit before summer ends

Author Summer Guffey - August 5, 2021August 5, 2021Read Time 2 MinutesIt’s veggie time. Photo via Alabama Farmers Market’s Facebook pageWant to support your local farmers? This might be your time to catch local produce at pop up farmers markets around town. With summer winding down and schools starting, don’t forget to check out our favorite Birm...
Markets

Specter of Stagflation Hangs Over Emerging Markets

Spare a thought for finance ministers and central bankers in the developing world. They probably heaved sighs of relief when the U.S. Federal Reserve decided against raising interest rates at its latest meeting on July 28. Yet they know that the reprieve is only temporary. Even though the delta variant of the COVID-19 virus could slow down t...
Markets

Apollo Profit Climbs as Gains Outpace Broader Markets

Apollo Global Management Inc. reported higher second-quarter profit Wednesday, as the value of its private-equity portfolio climbed faster than the broader market. The New York firm posted net income of $657.7 million, or $2.70 a share, up from $446.3 million or $1.84 a share, a year earlier. Apollo’s private-equity po...
Markets

Artificial Intelligence Market Rising at CAGR of 33.2% to

Pune, India, Aug. 04, 2021 (GLOBE NEWSWIRE) -- The global artificial intelligence market size is expected to reach USD 266.92 billion by 2027. As per the report, the market size was valued at USD 27.23 billion in 2019 and is estimated to display a stellar CAGR of 33.2% during the forecast period. This information is presented by Fortune Business...