Ant’s consumer finance unit to more than double capital to $2.62 bln
The consumer finance unit of China’s Ant Group will increase its registered capital to 18.5 billion yuan ($2.62 billion) from 8 billion yuan previously, in…
Category: Business
Elon Musk’s SpaceX buys ad campaign on Twitter for Starlink
SpaceX has bought an advertising package on Twitter for its satellite internet service Starlink, said Elon Musk, who owns the rocket company and the social…
Cummins, Tata Motors team up for hydrogen-powered engines
U.S.-listed Cummins Inc (CMI.N) said on Monday it has signed an agreement with Indian automaker Tata Motors (TAMO.NS) to develop hydrogen-powered internal combustion engines, fuel…
Poland says to take over Gazprom’s Polish assets
Poland will take over Gazprom’s (GAZP.MM) Polish assets, a minister said on Monday, adding the move concerned the Russian company’s 48% stake in Europolgaz, which…
Economic slowdown will hit lower-income Canadians hardest, BoC’s Macklem says
Lower-income Canadians will be disproportionately affected by the slowdown in economic activity that is needed to ease inflationary pressures, Bank of Canada Governor Tiff Macklem…
Crypto clearinghouse LedgerX withdraws FTX’s request last year to CFTC
Digital currency futures and options clearinghouse LedgerX LLC submitted to the U.S. Commodity Futures Trading Commission a formal withdrawal of FTX’s request from December last…
Factbox: Twitter 2.0: Musk warns of bankruptcy, flip-flops on blue check mark in chaotic start
Twitter has had a bumpy ride since new owner Elon Musk took charge last month. The world’s richest person halted plans to charge $8 for…