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Technology Banking Featured Finance

Coinbase shares jump on addition to S&P 500 index in watershed for crypto market

Coinbase Global’s shares jumped nearly 15% on Tuesday after the cryptocurrency exchange became the first digital asset player to be included in the benchmark S&P 500 index. It will replace credit card issuer Discover Financial , which is being acquired by Capital One. The move will be effective before trading begins on May 19. The move […]

Development Featured Innovation Productivity

Short-term labour mobility drives innovation in Africa

A growing body of research highlights the importance of mobility in the global knowledge economy, but has largely focused on high-income countries. This column addresses the crucial role of international labour mobility in fostering innovation in Africa, demonstrating that short-term visits, especially for business or professional purposes, significantly increase the likelihood of firms innovating in […]

World Featured Technology

PayPal stock surges as pledge to turn “leaner” keeps crypto concerns at bay

PayPal Holdings added nearly $4 billion to its market value after a pledge to turn “leaner” fired up investors, even as the payments giant disclosed a subpoena from the U.S. Securities and Exchange Commission tied to its stablecoin. The company’s shares climbed nearly 7% to $55.12 on Thursday as a strong full-year profit forecast also calmed […]