Crypto markets face a number of issues including low liquidity, a crackdown on the industry from regulators in the U.S. and macroeconomic headwinds.
U.S. aims to turn middle-American cities into new tech hubs with $500 million investment
The hope is to create more well-paying jobs across the nation and ensure the U.S. maintains dominance in key areas of tech innovation.
SoftBank shares drop after its Vision Fund tech investment unit posts a $32 billion record loss
SoftBank’s Vision Fund segment lost a record 4.3 trillion Japanese yen ($32 billion) for its fiscal year ending Mar. 31.
UBS CEO Ermotti: Credit Suisse no longer seeing outflows, situation has stabilized
UBS Chief Executive Sergio Ermotti said on Friday that the situation at Credit Suisse has stabilized and he did not think outflows at the embattled bank were continuing.
Ukraine war live updates: Russia denies reports of Ukrainian breakthrough in front line
Russia has denied reports that Ukraine has made a breakthrough in the front line, amid expectations of a Kyiv counteroffensive.
As Turkey heads to the polls, currency traders are bracing for absolute chaos
Turkey is holding both its presidential and parliamentary elections on Sunday.
UK economy grows by 0.1% in the first quarter but inflation continues to weigh
U.K. gross domestic product figures for March showed a 0.1% growth.
Netflix’s $2.5 billion investment in Korean content appeals to audiences worldwide
By expanding its slate of Korean series, films and non-fiction shows, Netflix aims to increase the success that Korean content has found with global audiences.
In major milestone, wind power was Britain’s largest source of electricity in the first quarter
The U.K. is home to a mature offshore wind sector that looks set to expand in the coming years.
Can the UK afford to host Ukraine’s Eurovision? It can’t afford not to
This year’s edition is “a rekindling of a British love affair with Eurovision and of British relations with Europe,” one analyst says.