U.S. prosecutors on Tuesday recommended an above-guidance, 36-month sentence for former Binance CEO Changpeng Zhao.
China may have to brace for a new wave of bond defaults, S&P says
China might see a new wave of bond defaults as soon as next year — the third round in about a decade, according to an S&P Global Ratings report released Tuesday.
Kering shares sink 9% after profit warning on declining Gucci sales
Shares of French luxury group Kering sunk more than 9% Wednesday after the company warned that it expects a sharp downturn in first-half profits as demand for its Gucci brand continues to wane.
China’s Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
Chinese smartphone company Xiaomi aims to sell at least 10,000 pure electric cars a month, for more than 100,000 deliveries this year, said CEO Lei Jun.
Stocks making the biggest moves after the bell: Tesla, Visa, Mattel and more
These are the stocks posting the largest moves in after-hours trading.
Stocks making the biggest moves midday: Spotify, JetBlue, Danaher, General Motors and more
These are the stocks posting the largest moves in midday trading.
Stocks making the biggest premarket moves: General Motors, GE Aerospace, Novartis, JetBlue and more
These are the stocks posting the largest moves in the premarket.
Philippines orders removal of Binance from Google and Apple app stores
The Philippines’ Securities and Exchange Commission sent letters to Google and Apple requesting the removal of Binance apps from their respective app stores.
Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending
One’s expanding role at Walmart raises the possibility that the company could force Affirm and others out of some of the most coveted partnerships in retail.
Stocks making the biggest moves after hours: Nucor, Cleveland-Cliffs, Cadence Design Systems, Globe Life and more
These are some of the stocks posting the largest moves in after-hours trading.