Bentley Motors Ltd. will cease hand-building 12-cylinder engines in April of next year as the British carmaker focuses on turning out a fully electric model lineup by the start of the next decade.
Coinbase Global Inc., the biggest US cryptocurrency exchange, posted a $557 million loss and saw revenue tumble 75% in the fourth quarter as trading volumes plunged amid a series of prominent industry bankruptcies and scandals.
The Bank of Japan will likely adopt a gradual approach to raising interest rates, and won’t be too focused on reducing the side effects of monetary easing, according to a former board member.
A swift reassessment of how high the Federal Reserve will raise interest rates this year rocked the bond market once again Tuesday. The problem for those burned by the now weeks-long slump is that an even bigger threat looms: the growing belief that rates will stay elevated even after the Fed’s inflation fight is over.
(Bloomberg) — Caesars Entertainment Inc. is predicting that its online betting business will be profitable in 2023, after generating cumulative losses of more than $1.1 billion.
A California bill would pull state business from Wall Street banks who work with gun makers, in another sign of the growing politicization of the $4 trillion municipal-bond market.
Rothschild & Co. plans to open a Miami office, joining a slew of Wall Street firms that have flocked to South Florida.
Malaysia will likely revise this year’s budget to further narrow the deficit, one of the key planks of Prime Minister Anwar Ibrahim’s platform focused on cutting debt and supporting vulnerable households.
Hong Kong revoked the visa of a man identified by local media as the disgraced Chinese scientist who created the world’s first genetically altered babies, hours after he announced he was headed to the territory to work on gene therapies.
A reproductive rights coalition hopes to repeat the success of similar measures that passed in multiple US states last fall
