BitGo joins crypto IPO rush as sector hits $4 trillion in market value

By Manya Saini (Reuters) -Crypto custody startup BitGo said on Monday it has confidentially filed for a U.S. listing, joining a wave of companies looking to capitalize on strong market momentum. The crypto sector’s climb to a $4-trillion market value has reignited interest for initial public offerings, with clearer regulation, corporate treasury adoption, and institutional…

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    Factbox-EU’s ‘nuclear option’ of moves against Trump tariff threat

    BRUSSELS (Reuters) -A growing number of European Union member states, including Germany, are considering using wide-ranging “anti-coercion” measures targeting U.S. services if the EU cannot reach a trade deal with U.S. President Donald Trump, EU diplomats say. Here are details of the bloc’s Anti-Coercion Instrument, which took effect at the end of 2023 and hitherto…

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    US retail giant Costco to set up global capability centre in India, to employ 1000 people, sources say

    By Rishika Sadam and Sai Ishwarbharath B HYDERABAD/BENGALURU (Reuters) -U.S. retailer Costco Wholesale Corp will open its first technology centre in India in Hyderabad, two people familiar with the plans told Reuters. The Global Capability Centre, handling technology and research operations and working alongside global teams, will initially employ 1,000 people and scale up, sources…

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