Mercedes-Benz notes market uncertainty

17.02.2023
The Mercedes-Benz Group beat analysts' forecasts Friday for annual profits of 20.5 billion euros ($21.80 billion), but the premium automaker warned of lower profits this year because of economic uncertainty. The company's forecast coincides with...
Read more

SEC accuses Do Kwon, Terraform Labs of securities fraud

17.02.2023
The Securities and Exchange Commission (SEC) accused Terraform Labs and its founder and CEO Do Kwon of defrauding investors. In early May 2022, the $60 billion Terra blockchain ecosystem collapsed in a matter of days...
Read more

Bitcoin rises as U.S. inflation slows

15.02.2023
Bitcoin jumped more than 3 percent after President Joe Biden said Tuesday that a new report on the U.S. consumer price index reflected progress against inflation, though there is still work to be done. Major...
Read more

Airbnb stock rises after record profits

15.02.2023
Airbnb Inc. reported record fourth-quarter revenues and profits and its first profitable year on Tuesday, and its management provided a first-quarter outlook that beat Wall Street estimates despite plans to lower prices. Shares of Airbnb...
Read more

Cryptocurrency lender Nexo will terminate EIP for U.S. customers in April

13.02.2023
Cryptocurrency lender Nexo said it will discontinue its Earn Interest Product (EIP) for all customers, residents and U.S. citizens, effective April 1. Nexo's decision came after the lender paid a $22.5 million fine last month...
Read more