Volvo suffers $423 million loss
Mass producers leave Russia Volvo AB said Russia’s invasion of Ukraine required them to build up reserves of 4 billion crowns ($423 million) in the first quarter, lowering its operational…
Mass producers leave Russia Volvo AB said Russia’s invasion of Ukraine required them to build up reserves of 4 billion crowns ($423 million) in the first quarter, lowering its operational…
Company losses due to a mistake with bonds and a delay in redemption After issuing nearly twice as many structured and exchange-traded bonds, Barclays Plc intends to pay a £450…
Expected Rate Rise Indicates Crypto Range According to Wilfred Day, CEO of Securitize Capital, Bitcoin is unlikely to reach the $46,000 level anytime soon, unless there is a major shift…
Traders evaluate seven standard raises for 2022 This week, gold prices plummeted as bond yields surged ahead of a critical US Federal Reserve meeting when interest rates are expected to…
This is the company’s third bond transaction. Tesla Inc. has postponed the sale of more than $1 billion in bonds backed by the leasing of its electric vehicles, becoming the…
The Central Bank found violations by WeChat Pay After the Wall Street Journal reported that Tencent Holding Ltd. was facing a record penalties for breaking Chinese anti-money laundering regulations, the…
Netflix stops its activities in Russia Netflix Inc., one of the major media businesses to leave the Russian market following the invasion of Ukraine, has shut down its operations. According…
FTX Provides Index Product Advice In an effort to lure institutional investors, cryptocurrency exchange FTX and its U.S. branch have announced the formation of a new division that will be…
Digital coins are a store of value like gold According to Singapore’s top bank, private digital currency such as bitcoin will continue to increase as a desirable store of value,…
Rapid surge will drive up costs for EV makers On the London Metal Exchange, nickel momentarily surpassed $100,000 per tonne amid a short squeeze that impacted a large Chinese bank…