Business
Police in Montenegro have arrested Terraform Labs founder Do Kwon, who is wanted in South Korea in connection with a $40 billion crash of the firm's cryptocurrency that devastated retail investors around the world, the European ...
Mar 23, 2023
0
8
Business
As the Federal Reserve seeks to calm financial markets following the collapse of Silicon Valley Bank, the cryptocurrency market is showing signs of resilience despite links to the crisis.
Mar 14, 2023
0
4
Automotive
German giant Volkswagen is set to follow Tesla's lead with a high-profile price drop as the battle for global dominance in the electric car segment intensifies, and local challengers race ahead in key market China.
Mar 12, 2023
0
33
Energy & Green Tech
An Italian scheme to make homes more energy efficient has been wildly popular, but the government is seeking to rein in its "out of control" costs amid fears it could send the deficit soaring.
Feb 26, 2023
2
12
Business
China's Alibaba Group said Thursday its revenue rose two percent year-on-year in the quarter ending December 2022, as the internet giant shook off the impact of strict COVID containment measures and a slump in consumer demand.
Feb 23, 2023
0
6
Business
Spectacular cryptocurrency failures in 2022 have raised the stakes for the industry amid questions about the enduring viability of a technology that advocates say has the potential to revolutionize finance.
Jan 4, 2023
1
8
Business
India's central bank governor warned Wednesday that cryptocurrency markets risked causing the next global financial crisis, saying the recent collapse of FTX was proof of the sector's "inherent risks".
Dec 21, 2022
1
16
Business
Chinese e-commerce company Alibaba Group on Thursday posted net losses and missed market expectations for revenue in its quarter ended September amid a slowing economy and depressed consumer sentiment.
Nov 17, 2022
0
4
Business
Lawmakers plan to investigate the failure of FTX, the large crypto exchange that collapsed last week and filed for bankruptcy protection, leaving investors and customers staring at losses that could total in the billions ...
Nov 16, 2022
0
3
Business
Crypto assets are infamous for being highly speculative and volatile, but it is their "debt problems" that have once again made headlines. Since November 2021, the total value of cryptocurrencies has now fallen from a peak ...
Nov 14, 2022
0
9
