After the reported closure of Twitter’s Brussels lobbying office, the European Union has expressed concern over…
Tag: Business & Economy News
New CEO says that FTX had ‘complete failure’ of controls
Collapsed cryptocurrency exchange FTX suffered a “complete failure of corporate controls” under founder Sam Bankman-Fried, the…
US Federal Reserve raises interest rate by 0.75% again, in a bid to combat inflation
On Wednesday, the United States Federal Reserve raised interest rates again making it the fourth straight…
Taiwan signals compliance with new US export controls to hobble China’s chip industry
Taiwan’s government said on Saturday that Taiwanese semiconductor firms place “great importance” on following the law…
As Musk moves to close Twitter deal, Tesla investors are worried
Billionaire Elon Musk’s decision to go ahead and follow through with the buyout deal for Twitter…
As recession fears mount, Wall Street tumbles to a two-month low
Ever since the Consumer Price Index report was released, the US stock market has continued to…
Pound hits new 37-year low as consumer spending falls, stokes recession chatter
After data revealed that UK retail sales plunged significantly in August as the rise in the…
South Korea issues arrest warrant for Terra Luna founder on charges of ‘cryptocrash’
Do Kwon, who co-founded the business that created the cryptocurrencies Terra Luna and TerraUSD, is the…
Cash-rich Germany criticised by watchdog over money laundering
Germany has been criticised by a global watchdog for failing to do enough to tackle money…
