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Crypto & Markets

Pepsi says price cuts and wellness push are bringing back customers — and the stock surges

Summary: PepsiCo shares rallied Thursday after the beverage and snack giant indicated that new products and recent price cuts had brought back wary customers, while noting that it hadn’t taken much of a hit yet from the Iran war. Background Context From a policy standpoint, jurisdictions differ on disclosure expectations, safety reviews, and cross-border data flows.

Thomas Lindberg · April 16, 2026

Crypto & Markets

UAE investors buy AI dip, keep crypto exposure despite conflict

Summary: UAE investors are buying the artificial intelligence and tech dip, keeping exposure to applications, chips and crypto as the Iran conflict stress-tests the Gulf’s bid to be a global tech hub. Background Context Technology strategists highlight interoperability, security posture, and total cost of ownership as recurring themes in procurement conversations.

David Park · April 16, 2026

Crypto & Markets

Zonda exchange says 4.5K BTC wallet inaccessible amid withdrawal crisis

Summary: The CEO of the troubled Zonda exchange has disclosed a Bitcoin wallet holding around 4,500 BTC, but noted the private keys were never transferred during a firm handover. Background Context Technology strategists highlight interoperability, security posture, and total cost of ownership as recurring themes in procurement conversations.

Hannah Brooks · April 16, 2026

Crypto & Markets

Charles Schwab to roll out spot Bitcoin, Ether trading for retail clients

Summary: Schwab will introduce direct trading in the two biggest cryptos through a dedicated account, its first move into spot trading as it expands its digital asset offerings. Background Context Investors and operators alike monitor macro conditions, interest-rate expectations, and regional demand when setting budgets.

Elena Vasquez · April 16, 2026

Crypto & Markets

With no bipartisan leadership, CFTC won't ‘slow down‘ on rulemaking

Summary: Democratic lawmakers called out Michael Selig for unilaterally advancing policies at the regulator that's normally led by a bipartisan group of five commissioners. Background Context On the innovation side, research teams focus on efficiency gains, reliability, and measurable customer outcomes rather than headline metrics alone.

Alex Rivera · April 16, 2026

Crypto & Markets

Drax claimed record £999m in subsidies for burning trees in 2025, thinktank says

Summary: firm has received about £8.7bn in renewable energy subsidies since 2012, despite claims wood pellets are not sourced sustainably The owner of the Drax power plant in North Yorkshire received record subsidies of almost £1bn for burning trees to generate electricity in 2025, a climate thinktank has calculated. Background The firm was paid £999m last year for generating about 4.5% of Great Britain’s electricity from its biomass plant, costing each household £13 a year, based on analysts at

Fatima Noor · April 16, 2026

Crypto & Markets

Senate Democrats move to stall Trump’s ‘absurd’ bid to install new Fed chair

Summary: Democratic lawmakers urged Republican leaders to postpone the confirmation hearing of Kevin Warsh Sign up for the Breaking News US email to get newsletter alerts in your inbox Democrats have moved to stall Donald Trump’s effort to exert greater control over the US Federal Reserve, condemning the president’s “absurd” bid to install a new leader of the central bank while it is targeted with criminal investigations. Background Democratic lawmakers on the Senate banking committee urged its

David Park · April 16, 2026

Crypto & Markets

UK could face gaps on supermarket shelves by summer if Iran war continues

Summary: Ministers drawing up contingency plans for ‘reasonable worst-case scenario’ if supply of CO2 is disrupted Business live – latest updates The UK could face some gaps on supermarket shelves this summer if disruption caused by the Iran war continues, with shortages of carbon dioxide potentially hitting supplies of chicken, pork and fizzy drinks. Background Government ministers are drawing up contingency plans for a “reasonable worst-case scenario” if the key shipping lane of the strait of

Laura Martens · April 16, 2026

Crypto & Markets

Next chief Simon Wolfson paid record £7.4m – and could get far more this year

Summary: ‘Sustained outperformance’ merits pay rise, says firm after it ups profit guidance to £1.2bn for year to January 2027 Business live – latest updates The Next chief executive, Simon Wolfson, took home more than £7m last year, his highest ever pay package, and could be handed up to £9.27m this year after the retailer outlined plans to rise his basic salary and bonuses. Background The listed firm noted it was increasing its pay deal for the long-term leader of the fashion and homewares ret

Thomas Lindberg · April 16, 2026

Crypto & Markets

Man used AI to make false statements to shut down London nightclub, police say

Summary: Heaven club neighbour admits offences under Licensing Act, as Met says fictitious artificial intelligence-generated complaints a growing issue A businessman has pleaded guilty to making false statements in order to shut down a nightclub, which police believe were generated using artificial intelligence. Background A Metropolitan police source noted the use of artificial intelligence to generate letters by complainants who do not exist is a growing issue.

Amira Hassan · April 16, 2026

Crypto & Markets

Metro Bank boss handed record £2.6m a year after slashing 1,000 jobs

Summary: Dan Frumkin’s pay package comes after bank’s near collapse and rescue by Colombian billionaire Business live – latest updates Metro Bank’s chief executive has been handed a £2.6m pay packet – the largest in its history – a year after slashing 1,000 jobs in response to the lender’s near collapse. Background The figure is more than double the £1.2m Dan Frumkin was paid in 2024.

Elena Vasquez · April 16, 2026

Crypto & Markets

UK economy showed surprise 0.5% growth before Iran war

Summary: ONS figure for February suggests Britain was gaining momentum before conflict dashed hopes of recovery Business live – latest updates UK GDP expanded by a stronger than expected 0.5% in February, official figures show, suggesting the economy was gaining momentum before the onset of war in the Middle East dashed hopes of recovery. Background The jump, described by the Office for National Statistics (ONS), was significantly bigger than the 0.1% forecast by economists.

Ryan Mitchell · April 16, 2026