Bitcoin briefly fell 8% to below $20,000 on Friday, following the collapse of a crypto-focused lender and a stock market sell-off in the U.S. The cryptocurrency market saw more than $70 billion wiped off its value over the course of…
General Motors will offer voluntary buyouts to its 58,000 U.S. white-collar employees, as it aims to cut $2 billion in structural costs over the next two years, according to a letter sent to workers Thursday from CEO Mary Barra, CNBC…
Number of Americans filing new claims for unemployment benefits increased by the most in five months last week, but the underlying trend remained consistent with a tight labor market, Reuters reported. Initial claims for state unemployment benefits rose 21,000 to…
JD.com Inc. shares fell after the company reported a sharp drop in revenue growth. China’s second-largest online retailer said Thursday revenue rose 7% from October to December, down from 23% growth a year earlier. It and larger rival Alibaba Group…
Apple unveiled Tuesday a yellow iPhone 14 and iPhone 14 Plus, adding a new color to its current lineup. Apple also released spring-themed Watch band colors and silicone iPhone cases. You can preorder the yellow iPhone 14 and iPhone 14…
Silvergate Capital, a central lender to the crypto industry, is winding down operations and liquidating its bank. Silvergate has served as one of the two main banks for crypto companies, along with New York-based Signature Bank. Silvergate has just over…
U.K. has announced the biggest shake-up of its border force rules, as all passengers who do not need visa approval are required to apply for digital travel authorization before entering the country, CNBC reported. People holding passports that currently arrive…
Honda on Tuesday unveiled its prototype Honda Autonomous Work Vehicle (AWV). The fully programmable all-electric Honda AWV leverages the company’s emerging advanced autonomous technology to create a rugged off-road work vehicle that is designed to support construction-related activities and enhance…
KARACHI, PAKISTAN: Careem has announced plans to launch a new women-driven motorbike service, catering exclusively to its female customers. The service will commence in Karachi and make its way to other cities in Pakistan. Careem welcomes registrations from women who…
KARACHI, PAKISTAN: TPL Insurance Limited – Window Takaful Operations (WTO), one of the leading insurance providers in Pakistan, has partnered with Takaful Bazaar, an upcoming Takaful digital platform, to offer shariah-compliant services to customers. The partnership aims to promote and…
KARACHI, PAKISTAN: Chief Minister Sindh Syed Murad Ali Shah inaugurated the 18th My Karachi – Oasis of Harmony Exhibition here at Expo Center on Friday. Commenting on My Karachi Exhibition, CM said that My Karachi Exhibition, whose 18th edition has…
DENVER, COLORADO: Liberty Global plc has acquired 1.335 million shares in Vodafone Group representing 4.92% of the outstanding share capital. The transaction was principally funded through an attractive non-recourse financing, requiring equity funding from Liberty Global of approximately £225 million….