U.S. crypto exchange Kraken suspected of violating sanctions
Cryptocurrency exchange Kraken is under federal investigation for potential violation of U.S. sanctions by allowing users in Iran and elsewhere to buy and sell digital
Category: Business
Oil settles down on lower U.S. consumer confidence, coming SPR release
Oil prices reversed early gains and settled lower on Tuesday, as investors worried about lower consumer confidence and braced for another 20 million barrels of
Micron Technology starts shipping its most advanced storage chip
Micron Technology Inc (MU.O) on Tuesday said it started shipping its most advanced NAND flash chip made up of 232 layers of memory cells that
Italy’s Fincantieri reports 16% growth in H1 revenues
Italian shipbuilder Fincantieri (FCT.MI) reported on Tuesday 16% growth in revenues to 3.5 billion euros ($3.54 billion) in the first half of this year compared
Valeo posts profit beat amid ‘improving’ chip shortage, EV adoption accelerates
French car parts maker Valeo (VLOF.PA) on Tuesday posted slightly better-than-expected half-year core profit and reiterated its full-year guidance, citing a projected increase in global
Germany to reduce electric car subsidies in 2023
Germany will reduce financial incentives to buy electric cars next year after an agreement within the governing coalition, as the vehicles’ growing popularity makes government
Hyundai to pay $19.2 million for widespread credit-reporting failures, U.S. regulator says
A U.S. regulator has ordered a Hyundai Motor Co (005380.KS) affiliate to pay $19.2 million for repeatedly giving credit-reporting agencies inaccurate information about its customers,