Financial & Business News
MoneyGram to Launch Non-Custodial Digital Wallet for Cross-Border Payments
MoneyGram plans to launch a non-custodial digital wallet that will offer new ways to send and receive cross-border payments. The wallet is set to debut in the first quarter of 2024 and will allow users to seamlessly move from fiat currency to digital currency and back again, the global FinTech company said in a Tuesday (Sept.
Atlantica Sustainable: Combine Its 8.6% Yield With Covered Calls For A ~15% Annualized Income Yield
Shares of Atlantica Sustainable Infrastructure have declined by 31.5% over the past year, resulting in a near-all-time high dividend yield of 8.6%. However, Atlantica's operations are resilient, with a diverse asset portfolio and long-term power purchase agreements providing stable cash flows. Combining a shareholding in Atlantica with selling covered calls could allow investors to realize strong annualized income returns.
2 Top AI Stocks Ready for a Bull Run
Micron Technology should see a major turnaround in the new fiscal year, with AI expected to be a big catalyst. Marvell Technology's AI-related revenue is growing at a faster-than-expected pace.
HSBC and Barclays help and profit from fossil fuel industry's corporate bond market
HSBC Holdings PLC (LSE:HSBA) and Barclays PLC (LSE:BARC) have continued to profit from providing finance for new oil, gas and coal projects, according to new research. While Europe's big banks are talking up their green credentials, amid pressure to limit their direct lending to fossil fuel companies, research by a group of European media and non-profit campaigning organisations, including Follow the Money, the Guardian and Investico, found that corporate bonds remained a deep pool of available funding.