Business News

Fried's FTX cryptocurrency exchange, was sentenced Tuesday to 24 months for her role in a multibillion-dollar fraud involving the bankrupt company. Ellison, 29, pleaded guilty nearly two years ago...
Read more
The US dollar to offshore Chinese yuan, or CNH rate fell to as low as 6.9951, the first time it breached the 7 per dollar level since May 2023....
Read more
Visa’s stock falls as Justice Department launches suit. An analyst notes there are more potential alternatives to Visa’s debit network in the event the company is penalized....
Read more
The Justice Department is accusing Visa of running a debit card monopoly that has hiked fees for American consumers and businesses....
Read more
Indonesia has formally requested to join the Trans-Pacific trade pact to widen its export markets, its chief economic minister said on Wednesday, according to a report by state news agency Antara....
Read more
Cuban had earlier called Trump's call for 200% tariffs on John Deere "insane" and a "good way to destroy a legendary American company."...
Read more
Asian shares pushed higher on Wednesday, again led by gains in China, after U.S. stocks climbed to more records in a quiet day of trading. Chinese property developers surged after Beijing announced a...
Read more
European shares opened lower on Wednesday as a rally sparked by China's stimulus package lost steam, while falls in technology and oil stocks also added to the losses. The pan-European STOXX 600...
Read more
The Riksbank cut its key interest rate for the third time this year and said borrowing costs will likely be lowered again soon as a faltering economy threatens to push inflation further below its...
Read more
Turkish households' expectations for annual inflation 12 months ahead stood at 71.6% in September, the central bank said on Wednesday, down 1.5 points from a month earlier. Market participants'...
Read more