Central banks worldwide are strengthening their commitment to gold as a key reserve asset, driven by rising geopolitical uncertainty and a move toward a multipolar global financial system. According to OMFIF's 2026 Global Public Investor report, 82% of surveyed central banks now hold physical gold, up from 71% last year, with 30% planning to increase their gold reserves in the next one to two years. Despite record-high prices, gold remains the most favored reserve asset due to its role in protecting national wealth and diversifying portfolios amid evolving risks, including Middle East conflicts and U.S. policy uncertainty. Central banks also plan to diversify beyond traditional government bonds, showing growing interest in corporate bonds and equities for long-term returns, reflecting a strategic shift in reserve management.
Breckenridge Distillery, a subsidiary of Tilray Brands, earned Double Gold and a 96-point score for its Rum Cask Finish at the New York International Spirits Competition, marking the highest honor. The distillery was also named Colorado Distillery of...
The Organic Produce Summit 2026, held July 14-16 in Monterey, California, features a comprehensive education program with industry leaders discussing sustainability, market trends, and innovations in organic produce. Highlights include a new women's ...
Crédit Agricole has acquired 100% of CAWL's capital from Worldline, shifting their partnership from a capital-based to a commercial collaboration. CAWL will continue integrating Worldline's payment acceptance solutions in its offerings, aiming to str...
Crédit Agricole has fully acquired CAWL from Worldline, transitioning their partnership from equity-based to a commercial model. CAWL will continue integrating Worldline's payment acceptance solutions, aiming to strengthen its position in French merc...
Omnea, an AI-driven procurement platform, has launched the Omnea Future Founders Fund in partnership with Firedrop to support employees who want to start their own companies after five years at Omnea. Employees can pitch for $250,000 in seed funding ...
