(FT) Conglomerate Toshiba Corporation is planning to split the company into three entities and shelving calls to take the whole company private. Upon split, one division will hold the company’s…
(Twitter) Cinema giant AMC Entertainment has started accepting Bitcoin, Bitcoin Cash, Ether, and Litecoin as payment options for ticket purchases. CEO Adam Aron says Dogecoin would be the next to…
(OPEC) OPEC+ is forecasting that oil demand will average 99.49 million barrels per day in the fourth quarter of 2021, down 330,000 bpd from October's forecast. OPEC+ cites high energy…
(CryptoPotato) Social media giant Twitter is establishing a team that will focus on developing solutions for cryptocurrencies, and other decentralized technologies. The team will be led by Engineer Tess Rinearson,…
(Reuters) Chinese property developer Evergrande Group has reportedly paid several bondholders everting a looming default on overdue coupons. The paid coupons relate to three bond tranches worth at least $148…
(ONS) UK’s economy is estimated to have grown by 1.3% in the third quarter, after a jump of 5.5% in the previous quarter on growing output after the easing of…
(Beyond Meat) Shares of Beyond Meat fell more than 18% on Thursday premarket trading after third-quarter net loss widened to $54.8 million from $19.3 million in the prior year. Depressed…
(Reuters) Tesla CEO Elon Musk has sold shares worth almost $5 billion in the company, days after fans urged him to unload 10% of his holding via a Twitter poll.…
Bitcoin rose 1.9% to a record $68,991 as US consumer prices rose at the fastest annual rate since November 1990. Bitcoin’s surge on high inflation in the US reflects the…
(CNBC) Meta has agreed to integrate its Workplace enterprise social network software with rival’s Microsoft Teams. The integration is expected to give users access to Workplace content inside the Teams…
(Reuters) Chinese tech giant Tencent Holdings posted a 17-year low revenue growth due to the ongoing regulatory crackdown in the country. Tencent’s top line grew 13% to 142.4 billion yuan…
(BLS) US posted a 6.2% increase in Consumer Price Index over the 12 months that ended in October, the biggest jump since November 1990. On a monthly basis, consumer prices…