Deutsche Bank reports 10% profit rise in first quarter, beating expectations
CNBC » Finance
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4h ago
Deutsche Bank reported first-quarter earnings on Thursday ..read more
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Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand
CNBC » Finance
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4h ago
This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market ..read more
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JPMorgan Chase is caught in U.S-Russia sanctions war after overseas court orders $440 million seized from bank
CNBC » Finance
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8h ago
The escalation shows how American banks are struggling to navigate American sanctions rules more than two years after Russia's invasion of Ukraine ..read more
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Klarna scores major payment deal with Uber ahead of hotly anticipated IPO 
CNBC » Finance
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17h ago
The global deal will see Klarna added as a payment option on the Uber and Uber Eats apps in the U.S., Germany, and Sweden.  ..read more
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U.S. prosecutors seek 36-month sentence for ex-Binance CEO Changpeng Zhao
CNBC » Finance
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22h ago
U.S. prosecutors on Tuesday recommended an above-guidance, 36-month sentence for former Binance CEO Changpeng Zhao ..read more
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China may have to brace for a new wave of bond defaults, S&P says
CNBC » Finance
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22h ago
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 ..read more
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China's Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
CNBC » Finance
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1d ago
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 ..read more
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Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending
CNBC » Finance
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2d ago
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 ..read more
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Philippines orders removal of Binance from Google and Apple app stores
CNBC » Finance
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2d ago
The Philippines' Securities and Exchange Commission sent letters to Google and Apple requesting the removal of Binance apps from their respective app stores ..read more
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Consumers may soon get access to a share of $8.8 billion in Inflation Reduction Act home energy rebates
CNBC » Finance
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2d ago
Home Energy Rebates funding should start flowing to many consumers within months after the Department of Energy approved the first state application ..read more
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