Former Google ads boss launches ‘Web3’ search startup with backing from Coinbase, top VCs
Sridhar Ramaswamy, the former head of Google’s ad business, has raised $40 million in funding for a new crypto infrastructure startup called nxyz.
Further 20% fall in U.S. stocks ‘certainly possible,’ says IMF director
Tobias Adrian told CNBC the market sell-off had been driven by higher interest rates so far, but a collapse in sentiment could see equities tumble.
British pound choppy as Bank of England reiterates Friday bond-buying deadline
Sterling recovered slightly after a Financial Times report said the Bank of England has privately signaled a willingness to extend its emergency bond buying.
Green hydrogen corridor aims to harness Spanish sunshine and decarbonize Europe’s industrial north
The European Commission wants 40 gigawatts of renewable hydrogen electrolyzers to be installed in the EU by 2030.
Russia’s latest attacks on Ukraine are a ‘show of weakness,’ says former U.S. ambassador to NATO
Russia’s latest string of assaults on Ukraine reflects its inability to advance further and seize Ukrainian territory, says Kurt Volker.
Investors are fleeing growth names. But one market veteran loves them – and reveals his top picks
“When there’s blood on the streets, that’s when you want to be out there buying,” Farzin Azarm said, naming three growth stocks he loves right now.
Malaysia should focus on inflation and its economy — not elections: Mahathir, Anwar
The Malaysian government should be tackling Malaysia’s economic problems instead of holding elections, former Malaysia PM Mahathir Mohamad says.
Hong Kong stocks drop 2% as Asia markets fall amid fears of slowing growth; yen weakens past 146
Asia-Pacific markets were lower on Wednesday amid concerns over the global economy.
America’s ‘once unthinkable’ chip export restrictions will hobble China’s semiconductor ambitions
America’s introduced sweeping rules aimed at cutting China off from key chips and components for supercomputers. That could hurt China’s semiconductor industry.
It’s too early to buy the dip, investor says, naming 8 stocks to buy when the time is right
Fund manager John Ricciardi says the bear market bottom is likely some way off.
