Global markets will be relieved after Credit Suisse bailout

20.03.2023
Financial markets were expecting relief on Monday after UBS Group AG agreed to buy Credit Suisse Group AG as part of a government-sponsored bailout and major central banks announced coordinated action to shore up liquidity...
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Playboy lost $4.9 million on Ethereum

17.03.2023
PLBY Group (PLBY), the parent company of Hugh Hefner's Playboy, said it suffered a $4.9 million impairment loss on Ethereum, which it held last year, as prices for the cryptocurrency dropped significantly. The lifestyle and...
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Credit Suisse shares are trading higher on the Swiss market

17.03.2023
Credit Suisse shares traded 1.8 percent higher on the Swiss stock exchange on Friday, before returning some of their gains as a result of high volatility. The stock, which fell to 1.55 Swiss francs on...
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NatWest restricts cryptocurrency transfers of customers

15.03.2023
British bank NatWest has imposed new limits on the daily and monthly amounts customers can send to cryptocurrency exchanges in an effort to protect consumers from "cryptocriminals," the bank said Tuesday. Starting Tuesday, customers' transfers...
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High prices for hotel rooms – an excuse for actions of travel companies

15.03.2023
Rising inflation is a negative factor for many companies because it increases the cost of doing business. When raw materials or labor become more expensive, profit margins tend to fall. But one travel search service...
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