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U.S. crypto exchange Kraken suspected of violating sanctions
August 4, 2022July 29, 2022 dna-synet

U.S. crypto exchange Kraken suspected of violating sanctions

Business

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

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Oil settles down on lower U.S. consumer confidence, coming SPR release
August 3, 2022July 29, 2022 dna-synet

Oil settles down on lower U.S. consumer confidence, coming SPR release

Business

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

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Micron Technology starts shipping its most advanced storage chip
August 2, 2022July 29, 2022 dna-synet

Micron Technology starts shipping its most advanced storage chip

Business

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

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Italy’s Fincantieri reports 16% growth in H1 revenues
August 1, 2022July 29, 2022 dna-synet

Italy’s Fincantieri reports 16% growth in H1 revenues

Business

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

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Valeo posts profit beat amid ‘improving’ chip shortage, EV adoption accelerates
July 31, 2022July 29, 2022 dna-synet

Valeo posts profit beat amid ‘improving’ chip shortage, EV adoption accelerates

Business

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

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Germany to reduce electric car subsidies in 2023
July 30, 2022July 29, 2022 dna-synet

Germany to reduce electric car subsidies in 2023

Business

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

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Hyundai to pay $19.2 million for widespread credit-reporting failures, U.S. regulator says
July 29, 2022 dna-synet

Hyundai to pay $19.2 million for widespread credit-reporting failures, U.S. regulator says

Business

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,

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