Binance’s Venture Capital Arm Raises $500 Million Fund To Invest In Web3, Blockchain
(Reuters) – Binance Labs, the venture capital arm of cryptocurrency exchange Binance, said on Wednesday it had raised $500 million…
U.S. Cinemark’s Movie Plan Draws A Million Subscribers
By Lisa Richwine LOS ANGELES (Reuters) – Cinemark Holdings Inc has signed up 1 million paying subscribers to its Movie…
Germany’s Scholz seeks broad alliance to curb inflation
BERLIN (AP) — German Chancellor Olaf Scholz said Wednesday he wants to join employers and labor unions in a “concerted…
Stocks Squeeze Out Slim Gains, Dollar Climbs As Inflation Soars
By Tom Wilson and Tom Westbrook LONDON/SINGAPORE (Reuters) – European stocks made slim gains on Wednesday, with the dollar strengthening…
European Shares Slip As Weak Economic Data Heightens Growth Worries
By Susan Mathew (Reuters) -European shares gave up early gains on Wednesday as weak German retail sales and slowing factory…
Fidelity’s Crypto Unit To Double Down On Hiring This Year (May 31)
(Correct second paragraph to say Fidelity Digital Assets plans to fill 210 new positions, and not 110 as previously reported)…
Volkswagen’s Race With Tesla Will Be Tight, Diess Says
BERLIN (Reuters) – Tesla works at twice the industry pace in many processes but still needs to ramp up highly…
Deutsche Bank subsidiary CEO resigns after greenwashing raid
BERLIN (AP) — Deutsche Bank subsidiary DWS said Wednesday that its chief executive is resigning, hours after authorities raided its…
Gazprom Cuts Gas Supply To Orsted And Shell Energy
(Reuters) – Russian gas producer Gazprom has cut off gas supplies to Denmark’s Orsted and to Shell Energy for its…
Italy imports more Russian oil despite impending embargo
MILAN (AP) — Even as the European Union decided to reduce Russian crude oil imports by 90% by the end…