Automaker to direct 68% of current investments to electric vehicles and software Volkswagen AG, the largest automaker in Europe, has increased its five-year investment plan to 180 billion euros ($193…

The closure comes a few days after the collapse of SVB. As the crypto industry gets more and more walled off from the financial system, the closing of Signature Bank,…

A software update will allow users to withdraw delivered air The largest commercial backbone of cryptocurrencies, Ethereum, will receive a significant software update on April 12 that may increase its…

Topix Banks jumped 4.6%, offsetting a 16% drop. In the Asia-Pacific region, shares of most banks increased as concerns about Silicon Valley Bank’s abrupt collapse and its wider effects subsided.…

Precious Metal Benefits Amid Banking Troubles As a result of a flight to safe-haven assets brought on by the failure of a significant US bank, gold dipped in Asia on…

The White House imposes new restrictions on the export of chips to China. To stop China from establishing a sophisticated chip sector, the Joe Biden administration is trying to further…

biggest gold purchase since the 1960s In January, Singapore upped its gold holdings by approximately 30%, following central banks from Turkey to China in increasing their holdings of the precious…

An IPO is a likely option. Uber Technologies Inc. is considering the options of either launching a separate public business to concentrate on passenger transportation and food delivery or spinning…

The company is aiming to raise $1.3 billion. Rivian Automotive Inc. plans to sell green convertible bonds with a 2029 maturity date to raise $1.3 billion. According to a statement…

Corporate consumer demand was weaker than expected. Because demand was lower than anticipated, Meta Platforms Inc. reduced prices on some of its Quest VR headsets, including a high-end mixed-reality device.…