Economy

Crypto exchange FTX is working on restart, but a lot of damage to customers

Crypto exchange FTX is working on restart, but a lot of damage to customers

Photo: ANP Collapsed Crypto Exchange FTX, Debris Collector John J. Working under Ray, the company is seeking permission from a US court to restart and pay millions of dollars to key suppliers. This way, the company might still be somewhat salvageable, Ray thinks. However, that didn’t stop 1 million customers and other investors from losing billions. A week ago it …

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‘I don’t want to work like that’

'I don't want to work like that'

Chinese President Xi spoke with Canadian Prime Minister Trudeau at the G20 summit in Indonesia.Image via REUTERS It was one of the few unscripted, public communications of Chinese President Xi Jinping. That’s what makes the clash between Xi and Canadian Prime Minister Justin Trudeau so remarkable. On the last day of the G20 summit, a crucial gathering of nineteen countries …

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AEX climbs ahead led by Adienne, Unibail

AEX climbs ahead led by Adienne, Unibail

The AEX index on Damrak managed to find its way on Friday led by payments firm Adyen (up 3.6 percent). On the other hand, real estate group Unipile-Rodamco-Westfield was at the bottom with minus 2 percent. Analysts at US investment bank Goldman Sachs are advising the Dutch owner of Westfield Mall to sell its stake in Leitzendam due to a …

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Real estate group Unibail drops on Damrak after selling advice

Real estate group Unibail drops on Damrak after selling advice

Real estate group Unipile-Rodamco-Westfield was the biggest loser on Friday, down minus 5 percent on Tamrock. Analysts at U.S. investment bank Goldman Sachs cut a recommendation to sell the owner of the Netherlands’ Westfield Mall in Leeds due to a poor economic outlook. The mood in equity markets remained cautious. After last week’s optimism about slowing US inflation, interest rate …

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Blue verification for new Twitter accounts only after three months

Blue verification for new Twitter accounts only after three months

Photo: ANP If Twitter makes it possible to close the Twitter Blue subscription service again, this will not apply to new accounts yet. They will have to wait 90 days for the service, which also provides the blue check mark previously reserved for accounts controlled by Twitter. This can be read on the modified Twitter Blue product page discovered by …

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Are fears of a US recession overblown?

Are fears of a US recession overblown?

By Emmanuel VanBrusselPublished on Thursday, November 17, 2022 to do 11:29• 3 Read less It is raining Predictions Tough economic times for the US and, by extension, the rest of the world economy. But an important mathematical model has a very different prediction: good economic growth. Why is this important?If financial markets are …

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Ford Transit Connect ST with Focus ST’s engine

Ford Transit Connect ST with Focus ST's engine

Had to do without it for years now Ford Focus RS, but luckily we still have the Focus ST as a practical party number. But what if it needs to be a little more practical? No Mondeo ST. It’s hard when you go to the hardware store for a new ladder. You can buy this Ford Transit Connect ST for …

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Apple will start with US-made chips in two years

Apple will start with US-made chips in two years

Photo: ANP Apple is gearing up to use US-made chips in its devices. At the moment, most of the semiconductors for iPhones and MacBooks come from Asia, but the first units of a new factory in the state of Arizona should be ready in 2024. CEO Tim Cook made the announcement during a visit to Germany, according to financial news …

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Yellen found no basis for research into Musk’s acquisition of Twitter

Yellen found no basis for research into Musk's acquisition of Twitter

Photo: ANP US Treasury Secretary Janet Yellen says there is “no basis” to investigate Elon Musk’s takeover of Twitter. Yellen told CBS News. As secretary of the Treasury, Yellen chairs a panel that oversees foreign involvement in takeovers in the United States. One of Twitter’s shareholders after Musk’s acquisition was ultra-rich Saudi prince Alwaleed bin Talal. Yellen told CBS that …

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Google Pays Hundreds of Millions in Fines for Location Data

Google Pays Hundreds of Millions in Fines for Location Data

Photo: ANP Google’s parent company Alphabet has agreed to pay a total of $391.5 million in fines for unauthorized use of users’ location data. Attorney General Dana Nessel announced that the fines have been paid to dozens of US states. “Google earns its revenue by using the personal information of people who search the company’s browsers and use apps. “The …

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