Hong Kong regulators approve launch of spot bitcoin and ether ETFs
Hong Kong regulators on Monday approved the launch of spot bitcoin and ether exchange-traded funds (ETFs), asset managers said.
Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo
Tesla will lay off more than 10% of its global workforce. Read the memo to employees from CEO Elon Musk.
BP’s EV charging arm cuts jobs, reduces global ambitions: Reuters
BP Pulse reduced the number of countries it operates in from 12 to four in recent months, focusing now on the United States, Britain, Germany and China.
Freetrade, Britain’s answer to Robinhood, posted its first quarterly profit
British stock trading app Freetrade hit breakeven earlier this year, the company told CNBC, marking its first-ever move into the black.
‘Prelude to World War III’: World leaders react to Iran’s air attack against Israel
World leaders called for calm and restraint in the aftermath of Iran’s large-scale air attacks on Israel.
OpenAI opens its first Asia office in Japan as a ‘first step’ in its commitment to the region
ChatGPT developer OpenAI opened its first Asian office in Tokyo, Japan as the company aims to expand its global presence.
Biden administration agrees to provide $6.4 billion to Samsung for making computer chips in Texas
The Biden administration has agreed to provide up to $6.4 billion in direct funding for Samsung Electronics to develop computer chip manufacturing in Texas.
Apple CEO Tim Cook visits Vietnam — one of the iPhone giant’s most important manufacturing hubs
Apple has been looking to reduce its reliance on China for its product assembly, with India and Vietnam emerging as key locations.
Singapore’s new prime minister, Lawrence Wong, will take office on May 15
Singapore’s Prime Minister Lee Hsien Loong will step down on May 15 and hand over the reins to Deputy Prime Minister Lawrence Wong.
European markets close mixed, paring gains amid Middle East tensions; Temenos jumps 20%
European markets closed mixed on Monday amid heightened geopolitical tensions following Iran’s large-scale drone and missile attack on Israel over the weekend.
