Facebook’s Cryptocurrency Venture To Wind Down And Sell Tech Assets – WSJ
(Reuters) – Meta Platforms Inc’s digital currency venture Diem Association is winding down and selling its technology to California-based Silvergate…
Deutsche Bank Nearly Triples Q4 Profit, Defying Expected Loss
FRANKFURT (Reuters) -Deutsche Bank nearly tripled its fourth-quarter profit, defying expectations for a loss, as revenues at the investment bank…
Asian stocks mixed after Wall Street sinks for third day
BEIJING (AP) — Asian stock markets were mixed Friday as traders looked ahead to data on U.S. employment costs that…
China Property Shares Slump As Planned U.S. Rate Hike Adds To Woes
By Clare Jim HONG KONG (Reuters) -China Evergrande Group shares slumped on Thursday after the developer’s thinly detailed roadmap for…
North Carolina chosen for supersonic passenger jet plant
RALEIGH, N.C. (AP) — A Colorado-based aviation company announced Wednesday that it has chosen a North Carolina airport as the…
U.S. Crop Insurance Payouts Rise Sharply As Climate Change Worsens Droughts, Floods
By Leah Douglas (Reuters) – Insurance payments to U.S. farmers for crops lost to droughts and flooding have risen more…
U.S. Yields Rise, Asian Shares Slump As Powell Warns On Inflation
By Andrew Galbraith SHANGHAI (Reuters) – Asian shares tumbled to their lowest in nearly 15 months, short-term U.S. yields rose…
Apple To Let IPhones Accept Credit Cards Without Extra Hardware – Bloomberg News
(Reuters) – Apple Inc is planning a new service that will allow small businesses to accept payments directly on their…
LG Energy Solution Becomes S.Korea’s No.2 Firm In Stellar Stock Debut
By Heekyong Yang and Jihoon Lee SEOUL (Reuters) -LG Energy Solution Ltd (LGES) saw its shares almost double in price…
Samsung reports robust profit based on chip strength
SEOUL, South Korea (AP) — Samsung Electronics Co. said Thursday its operating profit for the last quarter rose by more…