According to the BBC, Sam Bankman-Fried, the CEO of the defunct cryptocurrency exchange FTX, has consented to be extradited to the US to face charges. According to US authorities, the 30-year-old, who resides in the Bahamas, is accused of committing… Read More ›
According to a survey released on Monday by World Economics, China’s business confidence has dropped to its lowest level since January 2013. This decline is due to the abrupt lifting of many pandemic control measures as well as the impact… Read More ›
According to industry sources, Air India is close to a deal to order more than 200 Boeing jets, including 190 narrowbody 737 MAX and 30 widebody 787s, as part of a historic fleet shake-up roughly split with Boeing’s European rival… Read More ›
After the Bank of England raised its benchmark interest rate for the ninth time in a year, online banks in the United Kingdom are racing to increase the yields on their savings accounts in order to entice cash-strapped savers. Following… Read More ›
According to new research, funds raised by companies listed in London fell by more than 90% this year. According to analysts, the market has cooled as a result of weak economic growth forecasts, rising interest rates, and concerns about the… Read More ›
The easing of stringent “zero-COVID” measures has been welcomed by China’s weary public and businesses, but Jorry Fan, who lives in the eastern city of Suzhou, said it has prompted her to cancel any plans to dine out for several… Read More ›
This year, more Southeast Asian tech startups laid off workers as macroeconomic headwinds widened losses and venture capitalists pushed startups to extend their runways. Carousell, the online marketplace, announced last week that it was laying off 10% of its workforce,… Read More ›
The United States Securities and Exchange Commission issued new guidance on Thursday requiring companies that issue securities to disclose to investors their exposure and risk to the cryptocurrency market. The forecast comes less than a month after FTX, one of… Read More ›
According to a private-sector business survey, COVID containment measures weighed on demand and operations in China, resulting in the country’s services activity dropping to six-month lows in November. The data further points to a further slowing of economic growth. The… Read More ›
Apple CEO Tim Cook has been outspoken in his criticism of Facebook. Meta CEO Mark Zuckerberg is eager to repay the favor. On Wednesday, at The New York Times DealBook summit, Zuckerberg slammed Apple, the most valuable American company, and… Read More ›
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