All Posts By

bubmag

Global trade war could wipe out 7% of world GDP, Okonjo-Iweala warns Trade War

Global trade war could wipe out 7% of world GDP, Okonjo-Iweala warns

Ngozi Okonjo-Iweala, the director-general of the World Trade Organisation, has warned that further fragmentation of global trade into rival blocs could erase as much as 7 percent of global GDP in the long term, urging countries to resist retaliatory trade measures amid rising geopolitical tensions. Speaking during a fireside chat…
bubmag
July 30, 2026
Global banks test tokenized money for cross-border payments in $1 million BIS pilot Blockchain

Global banks test tokenized money for cross-border payments in $1 million BIS pilot

Global banks test tokenized money for cross-border payments in $1 million BIS pilot Twenty-eight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchain-based settlement. Updated Jul 30, 2026, 1:49 p.m. EDT Published Jul 30, 2026, 1:34 p.m. EDT A group of major…
bubmag
July 30, 2026
Oracle (ORCL) Stock: Surges 6% as Google Cloud Deal Expands AI Across Fusion and NetSuite Pre-Crime

Oracle (ORCL) Stock: Surges 6% as Google Cloud Deal Expands AI Across Fusion and NetSuite

TLDR Oracle adds Gemini models to AI Agent Studio for Fusion Applications and NetSuite. Gemini will support automation, reasoning, presentations, and multimodal tasks. Oracle will match AI models with workloads based on cost, speed, and performance. The expanded deal strengthens Oracle’s enterprise software and cloud AI offering. Google Cloud gains…
bubmag
July 30, 2026