Gemini Crypto Exchange Out $900 Million From Genesis FTX Loss
Customers of the Winklevoss Twin’s crypto exchange are short $900 million, which the crypto-broker Genesis is unable to pay back to them, according to a new report in the Financial…
Foxconn Expects Full Production At iPhone Plant By January
A source with Foxconn says the company expects its Zhengzhou plant in China, which is responsible for producing Apple iPhones, will return to full production sometime in late December or…
EU Trade Committee Head Says, EU Should Sue US Over Inflation Reduction Act
In an interview with the Berliner Morgenpost newspaper on Saturday, Bernd Lange, head of the European Parliament’s Trade Committee said he felt the EU should file a lawsuit with the…
One Quarter Of Germans Cannot Afford Christmas Gifts Due to Inflation
On Saturday, Bild newspaper reported that this year almost a quarter of Germans will not be able to buy Christmas gifts due to inflation, according to a new survey by…
Two Million Brits May Disconnect From Grid Over Energy Costs
Bill Bullen, the CEO of Utilita Energy, has warned that projections show that over 2 million British households may find they cannot afford their gas and electricity bills, and as…
Germany Seeks To Ban Energy Price Hikes For One Year
The German government, after working to ban energy price hikes next year, may be set to act even more aggressively to stifle skyrocketing energy prices right away. According to a…
Chinese Regional Cities Ease Covid Curbs
As Chinese authorities expand a policy shift toward reopening the economy and away from the country’s long-held, stringent “zero-Covid” policies, more Chinese provincial capitals are easing their Covid restrictions. In…
Apple Resumes Advertising On Twitter
According to a report from The Platformer, Amazon Inc is preparing to restart its advertising on Twitter, after a small kerfuffle with the platform’s new owner, billionaire Tesla CEO Elon…
GM Joint Venture To Invest $275 Million More In Tennessee Battery Plant
General Motors and South Korean battery company LG Energy Solution announced their joint venture will invest an additional $275 million into its Tennessee Electric Vehicle (EV) battery cell manufacturing plant.…
BlackRock’s Larry Fink Says More Crypto Companies Will Go Down Due To FTX
At the New York Times DealBook summit, BlackRock chief executive Larry Fink warned that more cryptocurrency companies may go down in the wake of the collapse of the FTX cryptocurrency…
