Binance Holdings Ltd. founder Changpeng “CZ” Zhao said outflows from the largest cryptocurrency exchange have “stabilized” while warning employees that the industry’s recovery from rival FTX’s collapse will be “bumpy.”
(Bloomberg) — Delta Air Lines Inc. boosted its fourth-quarter earnings outlook but trimmed the top end of a revenue forecast, keeping a bullish travel forecast even as smaller carriers see weakening demand.
The 2009 hit film Avatar was a watershed event for Imax Corp., and the release of the long-awaited sequel has underlined what investors see as a strong case for shares of the large-screen theater chain at a time when movie-going is out of fashion.
The US and the European Union called on Azerbaijan to restore movement along a vital road to the disputed territory of Nagorno-Karabakh that’s been blocked by protesters for a third day.
Berlin’s response to Joe Biden’s green subsidy plan is setting off alarm bells in Paris and Madrid, where officials are concerned it could give German firms an unfair advantage over their European rivals.
If FTX didn’t collapse, a handful of the crypto exchange’s executives would be working out of a posh office building in the heart of Miami’s financial district.
Visa Inc. will invest $1 billion in its business across Africa as the technology giant seeks to push adoption of digital payments across the continent.
Before Sam Bankman-Fried was arrested in the Bahamas and charged with fraud this week, and before the demise of a $60 billion crypto ecosystem decimated digital asset lenders in May, there was the industry’s original bogeyman: Tether.
A Chinese startup seeking to be the country’s answer to SpaceX is preparing a satellite launch that could beat Elon Musk’s company and other rivals by relying on the next generation of rocket fuel.
