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BUSINESS5d agoKraken Plans UAE Launch, Following Full Market Approval from VARA in DubaiPayward, a unified financial infrastructure platform and the parent company of Kraken, today announced plans to launch in the UAE, after receiving Full Market Approval from the Virtual Asset Regulatory Authority (VARA) in Dubai. The approval permits Payward to operate as a regulated Virtual Asset Service Provider, serving retail, professional and institutional investors. At launch, Kraken clients in the UAE will be able to trade spot and margin with AED-denominated pairs, and fund and withdraw directly in dirhams. Clients will also have access to on-chain staking, xStocks as well as Krak for crypto transfers, while institutional clients gain OTC spot trading and Kraken Prime. Additional products, including crypto derivatives and an expanded range of new yield opportunities, are expected to follow later in 2026 and into 2027, subject to regulatory approval. Payward will also make its infrastructure available to regional partners through embedded trading as a service. "From launch, clients in the UAE get the same order book and multi-asset coverage we run in every other market, under one of the clearest regulatory frameworks in the world," said Arjun Sethi, Co-CEO of Payward and Kraken. "Payward's regulatory infrastructure now connects them directly to Kraken's market-leading liquidity, along with a growing range of opportunities across digital assets." Full Market Approval is the final stage of VARA's licensing process and authorises Payward to commence regulated activity in Dubai. It follows the preliminary approval Payward received from VARA in May 2026, which permitted the entity to complete operational set-up ahead of client onboarding. The UAE launch is part of Payward's effort to continue building regulated, on-the-ground operations across key financial centers. By connecting new markets to its core trading network, Kraken gives clients access to premium execution, deep liquidity and a consistent standard of service. Payward currently holds more than 100 licences and registrations worldwide, spanning Europe, the Americas, Asia-Pacific and the Middle East. NoYesCryptocurrencies12 Oct, 2026financialit_net · united kingdom
BUSINESS5d agoChervon Names Randall Durkan Vice President of Supply Chain – North AmericaNAPERVILLE, IL / ACCESS Newswire / October 12, 2026 / Randy Durkan joins Chervon as Vice President of Supply Chain – North America, effective Monday, October 12, 2026, reporting to CEO Joe Galli. Randy Durkan brings over 25 years of supply chain management experience, including extensive leadership in power tools, hand tools, and outdoor power … Continuedmedianet_au · australia
BUSINESS5d agoTwo Americans win 2026 Nobel Prize in Economics for stabilisation modelsAmericans Robert Hall and Michael Woodford won the Nobel economics prize Monday for their work on how monetary and fiscal policy can better stabilise disruptive economic fluctuations.Africanews [en]
BUSINESS5d agoManhattan Associates upgraded to Overweight at Morgan StanleyManhattan Associates has received an 'Overweight' upgrade from Morgan Stanley. This indicates a positive outlook from a financial institution for the company.Seeking Alpha Tech
BUSINESS5d agoConfronting the ‘largest energy security threat’The head of the International Energy Agency, Fatih Birol, discusses the challenges facing the global economy.Al Jazeera [en]
BUSINESS5d agoGijs de Best urges shared enforcement to curb illicit tradeIllicit trade costs governments billions and puts consumers at risk. Gijs de Best says only shared intelligence and enforceable rules can curb the problem.EuroNews [en]
BUSINESS5d agoStarted planning summer 2027 holidays? Ryanair and easyJet announce 47 new flight routesRyanair has released its first 29 new flight routes for summer 2027, while easyJet has also confirmed 18 new routes from the UK.EuroNews [en]
BUSINESS5d ago4 stocks to watch on Monday: ADBE, TMUS, CRM, and BMYThis article identifies four specific stocks, ADBE, TMUS, CRM, and BMY, for investors to monitor on Monday. It provides a list of companies relevant to the financial markets.Seeking Alpha Tech
BUSINESS5d agoASML to raise prices of chipmaking parts for Samsung, SK Hynix by 10%: reportASML is reportedly set to increase the prices of its chipmaking parts by 10% for major clients like Samsung and SK Hynix. This price adjustment could impact the global semiconductor industry.Seeking Alpha Tech
BUSINESS5d agoBlackstone Digital Infrastructure Trust upgraded to Buy at CitiBlackstone Digital Infrastructure Trust has been upgraded to a "Buy" rating by Citi. This indicates a positive change in investment recommendation for the trust.Seeking Alpha Tech
BUSINESS5d agoHubSpot and monday.com downgraded by Barclays on AI concernsBarclays has downgraded HubSpot and monday.com, citing concerns related to artificial intelligence. This indicates a revised financial outlook for these companies due to potential industry impacts from AI.Seeking Alpha Tech
BUSINESS5d agoHexcel upgraded at Seaport Research on defense growth, aerospace recoveryHexcel has been upgraded by Seaport Research due to perceived growth in the defense sector and a recovery in the aerospace industry. This suggests a positive financial outlook for the company based on these market trends.Seeking Alpha Tech
BUSINESS5d agoGerman firms outline new infrastructure and green energy plans in BakuGerman industrial giants, including Siemens Energy, are exploring opportunities to support Azerbaijan's green energy transition, as the country aims to handle 30 million tonnes of transit cargo by 2030.EuroNews [en]
BUSINESS5d agoThe China-EU Trade Truce Buys TimeFor the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.thediplomat · japan
BUSINESS5d agoThe China-EU Trade Truce Buys TimeFor the EU, the choice is increasingly difficult: secure real concessions from Beijing to address structural trade imbalances or deploy stronger unilateral measures to protect its industrial base.The Diplomat
BUSINESS5d agoLukashenko calls for continued monitoring of regional cattle mortalityThe minister, for his part, reported that 533 calf housing facilities have already been built in 2026. It is the commissioning of these facilities in the regions that offers hope for reducing mortality rates...belarus · belarus
BUSINESS5d agoMega nirman industries LTD and Safexpress Announce Landmark EV Charging Partnership to Accelerate Green Logistics in IndiaStrategic master agreement establishes a framework for high-power DC fast-charging infrastructure across Safexpress logistics hubs Gurugram (Haryana) [India], October 12: In a significant step towards the electrification of India’s commercial transportation ecosystem, BSE-listed Mega Nirman & Industries Ltd. (BSE: 539767), through its MegaCharge EV charging division, has entered into a landmark 10-year Electric Vehicle Charging [...]pnndigital · pakistan
BUSINESS5d agoWhat's next for Nike after its multi-year revenue decline and strategic reset?This article discusses the future outlook for Nike following a period of multi-year revenue decline and a strategic reset. It suggests an analysis of the company's next steps in its business trajectory.Seeking Alpha Tech
BUSINESS5d agoGoDaddy slips as RBC downgrades to Sector PerformGoDaddy's stock has declined following RBC's downgrade of the company's rating to "Sector Perform." This signifies a change in investor sentiment and analyst outlook for the company.Seeking Alpha Tech
BUSINESS5d agoPassing the Baton: Dark Reading Names New Editor-in-ChiefFahmida Y Rashid will keep the momentum going as she leads Dark Reading.Dark Reading
BUSINESS5d agoWhat's next for Accenture after Q4 results?This article explores the future outlook for Accenture following the release of its Q4 financial results. It indicates an analysis of the company's performance and strategic direction.Seeking Alpha Tech
BUSINESS5d agoOne continent, two models: how Afreximbank challenges Standard Bank on the financing of major projectsLa banque multilatérale dispute au géant sud-africain la position de numéro un sur le terrain des mégaprojets. Un duel au sommet qui révèle surtout les failles du modèle bancaire commercial face aux besoins de l’Afrique.Jeune Afrique
BUSINESS5d agoLithium prices tumble 10% after E.U. deal cuts hybrid car exportsLithium prices have dropped significantly following a European Union deal that reduces hybrid car exports. This indicates a direct impact of trade policy on commodity markets.Seeking Alpha Tech
BUSINESS5d agoGlobal X Ethereum Covered Call ETF declares $0.1285 dividendThe Global X Ethereum Covered Call ETF has declared a dividend of $0.1285. This is standard financial news for investors in this specific fund.Seeking Alpha Tech
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