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Global Finance Leaders AstraZeneca, LEGO, Renault Join BlackLine’s AI Finance Summit in London, Paris
Rhea-AI Summary BlackLine (BL) is expanding its BeyondTheBlack finance transformation event in Europe with two key events in June 2025. The event returns to London on June 17 at De Vere Grand Connaught Rooms, featuring presentations from AstraZeneca, Hitachi, Kier Group, and The LEGO Group. The conference will make its French debut on June 19…
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Ondo Finance Debuts $693M Treasury Token on XRP Ledger Amid Soaring RWA Trend
Tokenization platform Ondo Finance has debuted its flagship U.S. treasury-backed token on XRP Ledger (XRPL), giving institutional investors new tools to manage cash on the blockchain. Qualified purchasers can mint and redeem Ondo Short-Term U.S. Government Treasuries (OUSG) tokens around the clock using Ripple’s U.S. dollar stablecoin RLUSD, the press release said. Initial supply of…
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Stock market today: Dow, S&P 500, Nasdaq futures rise as cool inflation data boosts markets, Fed rate cut hopes
Inflation didn’t pickup as much as Wall Street expected in May. The latest data from the Bureau of Labor Statistics showed that consumer prices increased 2.4% over the prior year in May, an increase from April’s 2.4% and in line with economists’ forecast for 2.4%. But all other closely watched metrics from the release…
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Trump tariffs live updates: US-China trade framework set as Trump says deal ‘done’
After weeks of back and forth, the US and China have agreed on a framework to implement the Geneva consensus that helped ease tariffs. The breakthrough came after two days of talks in London, including a marathon session on Tuesday. US Commerce Secretary Howard Lutnick said both sides had to “get the negativity out”…
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May CPI: Inflation pressures ease on a monthly basis as tariff uncertainty lingers
May’s Consumer Price Index (CPI) report showed inflation pressures eased on a monthly basis despite investor concerns that President Trump’s tariffs would accelerate the pace of price increases. The latest data from the Bureau of Labor Statistics showed that the Consumer Price Index (CPI) increased 0.1% month over month, below April’s 0.2% rise and…
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Ripple brings Ondo Finance’s tokenized US Treasuries to XRP Ledger in push for RWA expansion
Ripple has brought Ondo Finance’s tokenized US Treasuries product, Ondo Short-Term US Government Treasuries (OUSG), to the XRP Ledger.The launch was announced on June 11 and is seen as a move to expand the reach of institutional-grade tokenized assets across the fast-rising blockchain network.According to the statement, the integration allows institutional investors to mint and…
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Blue Owl Technology Finance Corp. to Begin Trading on the New York Stock Exchange
Largest publicly traded technology-focused BDC by total assets NEW YORK, June 11, 2025 /PRNewswire/ — Blue Owl Technology Finance Corp. (“OTF” or the “Company”), a leading business development company (“BDC”) focused on investing in U.S. upper middle-market technology companies, has received approval from the New York Stock Exchange (“NYSE”) and is expected to commence trading…
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Financing the Future: Resident Coordinators are the Dealmakers We Need
As the world approaches 2030, every action we take now will have a lasting impact on whether we achieve the Sustainable Development Goals and secure a properous future for all. Improving the well-being of people and planet, strengthening resilience to shocks and achieving long-term growth is only possible by accelerating sustainable development. Yet, to achieve…
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Wisconsin campaign finance watchdog accuses Musk, super PACs of election bribery
The organization claims Musk’s petition in favor of a conservative candidate and the cash prizes that went with it amounted to a conspiracy to commit election bribery, a public nuisance and an unlawful lottery. MADISON, Wis. (CN) — A Wisconsin nonprofit aimed at campaign finance reform filed a lawsuit on Tuesday against Elon Musk and…
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5 ways Gavi has saved lives through innovative finance – and there’s more to come
If your only tool is a hammer, then everything looks like a nail, so the saying goes. Too often in global health, our first response is to fund a new project with familiar features.Gavi, the Vaccine Alliance has never been afraid to delve into its toolbox. Instead of finding a problem to fit its existing…