SWIFT and top global banks working on blockchain-based overhaul

TD Bank has reinstated its growth target, signaling confidence in its strategy to focus on high-fee segments and implement cost-cutting measures. This move is significant as it reflects the bank's commitment to enhancing profitability and adapting to market demands, which could lead to improved financial performance and shareholder value in the coming years.

China's introduction of a new K visa is attracting foreign tech talent, especially as the U.S. increases fees for its H-1B visa program. This shift could significantly impact the global tech landscape, as professionals seek more favorable opportunities abroad. The K visa aims to streamline the immigration process for skilled workers, making China a more appealing destination for those in the tech industry. This development not only highlights the competitive nature of global talent acquisition but also reflects China's growing ambition to enhance its technological capabilities.

Amazing AI has announced a retail share offer aiming to raise up to £500,000, marking a significant step in its growth strategy. This initiative not only allows investors to participate in the company's journey but also highlights the increasing interest in AI-driven technologies. The funds raised will be crucial for expanding their innovative solutions in the retail sector, making this a noteworthy development for both the company and potential investors.

Rodney Brooks, a prominent roboticist and co-founder of iRobot, has criticized Elon Musk's vision of humanoid robots as versatile assistants, labeling it as 'pure fantasy thinking.' Brooks argues that the future of robotics will likely involve machines with wheels and multiple arms, rather than the humanoid forms Musk envisions. This perspective is significant as it highlights the ongoing debate in the tech community about the practicality and feasibility of humanoid robots, suggesting that the path to advanced robotics may take a different direction than some industry leaders propose.

As we look ahead to 2026, the integration of advanced technology in supply chain management is set to revolutionize the industry. Innovations such as AI and automation promise to enhance efficiency, reduce costs, and improve customer satisfaction. This shift is crucial as businesses strive to adapt to changing market demands and streamline operations, making it an exciting time for companies to invest in these technologies.

The article explores the reasons why data centers, which consume vast amounts of energy, are not utilizing more green energy sources. It highlights the challenges and costs associated with transitioning to renewable energy, while also discussing the potential benefits for the environment and sustainability. Understanding these dynamics is crucial as the demand for data storage and processing continues to grow, and the push for greener solutions becomes more urgent.

Steri-Clean has announced its adoption of TOMI's advanced disinfection technology for biohazard cleanup, marking a significant step forward in ensuring safer environments. This partnership is crucial as it enhances the effectiveness of cleaning processes, especially in sensitive situations involving hazardous materials. By utilizing TOMI's innovative solutions, Steri-Clean aims to provide higher standards of safety and efficiency, which is increasingly important in today's health-conscious society.

Swift is set to enhance its messaging system by integrating a blockchain-based ledger, a move that could revolutionize how financial institutions manage transactions. This upgrade is significant as it promises to improve transparency and efficiency in the financial sector, potentially transforming the way billions of dollars are transferred daily.

Vis Raghavan, a JPMorgan banker, has taken on the challenging role of leading Citigroup's investment banking unit. His appointment was unexpected, but after a year in the position, he reflects on the progress made and the hurdles still ahead. This matters because Citigroup's performance in investment banking is crucial for its overall success, and Raghavan's leadership could signal a new direction for the bank in a competitive financial landscape.

As discussions around the potential bursting of the AI bubble heat up, industry leaders like Sam Altman and Mark Zuckerberg are drawing parallels to the dot-com boom of 25 years ago. This historical context is crucial as it helps us understand the cyclical nature of technology investments and the risks involved. By reflecting on past events, we can better navigate the current landscape and make informed decisions about the future of AI.

Nvidia's recent $100 billion investment in OpenAI has sparked discussions about the sustainability of the AI boom. While this investment is not a significant portion of Nvidia's overall revenues, it raises concerns reminiscent of past technology bubbles, where cash flow was recycled rather than creating genuine growth. This situation prompts a closer look at how much of the current AI excitement is driven by substantial innovation versus financial maneuvering.

The emergence of a billion AI agents is set to transform various aspects of our lives, from how we work to how we interact with technology. This shift could lead to increased efficiency and innovation, but it also raises questions about ethics and the future of employment. Understanding these changes is crucial as we navigate a world where AI plays a central role in our daily activities.

Neil Kraft, a pioneering figure in the advertising world, has passed away at the age of 67. Known for his innovative campaigns for brands like Calvin Klein, Kraft's work defined the aesthetic of the 1980s and 90s, showcasing a blend of celebrity culture and lifestyle marketing. His iconic ads, featuring stars such as Marky Mark, not only sold products but also captured the spirit of a generation. Kraft's legacy in advertising is significant, as he transformed how brands connect with consumers, making his contributions to the industry truly memorable.

The US SEC is preparing to offer relief to asset managers, allowing them to include exchange-traded funds (ETFs) in mutual funds. This move is significant as it could enhance investment options for consumers and streamline the management of funds, potentially leading to increased market efficiency. By facilitating this integration, the SEC aims to foster innovation in the financial sector, making it easier for investors to diversify their portfolios.

Bridgewater, a leading hedge fund, has announced the winners of its hiring contest, selecting candidates from five different countries. This initiative not only highlights Bridgewater's commitment to diversity and global talent acquisition but also sets a precedent for other firms in the industry. By engaging with a broader pool of applicants, Bridgewater aims to bring fresh perspectives and innovative ideas into its workforce, which is crucial for staying competitive in today's fast-paced financial landscape.

Vizsla Silver has just released its third annual sustainability report, showcasing its commitment to responsible mining practices and environmental stewardship. This report highlights the company's efforts to minimize its ecological footprint while maximizing community benefits. It's an important step in promoting transparency and accountability in the mining industry, and it sets a positive example for others to follow.

Chancellor of the Exchequer Rachel Reeves has highlighted the significant challenges facing the UK's economy, attributing them to harsh global headwinds from ongoing wars and tariffs. This acknowledgment of external pressures is crucial as it underscores the interconnectedness of global events and their direct impact on the UK, suggesting that the government may need to adapt its strategies to navigate these turbulent times.

Federal Reserve official Musalem has issued a warning that inflation is expected to stay elevated in the upcoming quarters. This news is significant as it suggests that consumers and businesses may continue to face higher prices, impacting spending and economic growth. Understanding these inflation trends is crucial for making informed financial decisions.