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Finance
U.S. prosecutors seek 36-month sentence for ex-Binance CEO Changpeng Zhao
Changpeng Zhao, founder and CEO of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June…
UBS chair says Swiss banking giant is not ‘too big to fail’
Fabrice Coffrini | Afp | Getty ImagesUBS Group Chairman Colm Kelleher on Wednesday said that the Swiss bank is "not too big to fail," as he criticized Swiss government proposals to…
China may have to brace for a new wave of bond defaults, S&P says
Residential buildings under construction at the Phoenix Palace project, developed by Country Garden Holdings Co., in Heyuan, Guangdong province, China in September 2023.Bloomberg |…
China’s Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
The Xiaomi SU7 on display at the Mobile World Congress 2024.Arjun Kharpal | CNBCBEIJING — Chinese smartphone company Xiaomi's new electric vehicle is selling better than expected,…
Volvo Cars core operating profits rise in first quarter on higher retail sales
A Volvo EX30 fully electric EV Car is displayed during the Everything Electric London 2024 at ExCel on March 28, 2024 in London, England.John Keeble | Getty Images News | Getty…
Philippines orders removal of Binance from Google and Apple app stores
Zhao Changpeng, founder and chief executive officer of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center…
Tesla shares jump 11% after Musk says company aims to start production of affordable new EV by early 2025
Elon Musk, CEO of Tesla and owner of social media site X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de…
Oracle is moving its world headquarters to Nashville to be closer to health-care industry
Larry Ellison, co-founder and chairman of Oracle, speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 3, 2017.David Paul Morris | Bloomberg | Getty…
E.W. Scripps exploring sale of Black-culture broadcast network Bounce TV
Tanika Ray, Alyson Fouse, Kym Whitley, Yvette Nicole Brown and Tisha Campbell attend Bounce TV's "Act Your Age" Los Angeles Series Premiere at The London West Hollywood at Beverly…
Senate advances long-awaited aid for Israel, Ukraine, Taiwan, and TikTok bill
Senate Majority Leader Charles Schumer, D-N.Y., conducts a news conference after the senate luncheons in the U.S. Capitol on Tuesday, March 12, 2024. Tom Williams | CQ-Roll Call,…