(Reuters) -Justin Sun, founder of the crypto token Tron, said he was prepared to provide distressed cryptocurrency exchange FTX with…
Daimler Truck warns supply chain troubles not over as Q3 unit sales jump
By Victoria Waldersee BERLIN (Reuters) -Daimler Truck reported a 27% jump in third-quarter unit sales to nearly 135,000 on Friday…
Exclusive-Apple supplier Foxconn plans to quadruple workforce at India plant-sources
By Sudarshan Varadhan and Yimou Lee NEW DELHI/TAIPEI (Reuters) – Apple supplier Foxconn plans to quadruple the workforce at its…
TuSimple names new CEO, replaces ex-boss fired after probe into ties to Chinese firm
(Reuters) – TuSimple Holdings Inc’s former chief executive Cheng Lu is returning to the role, days after the self-driving trucking…
Japan’s Toshiba slashes profit outlook after second-quarter slump
By Makiko Yamazaki TOKYO (Reuters) -Toshiba Corp on Friday cut its full-year operating profit outlook after a 75% slump in…
U.S. senator urges legislation after FTX collapse
By David Shepardson WASHINGTON (Reuters) -U.S. Senate Agriculture Committee chair Debbie Stabenow said on Thursday the U.S. Congress needs to…
SMIC Co-CEO warns of ‘adverse impact’ of U.S. export controls on production
SHANGHAI (Reuters) – Semiconductor Manufacturing International Corporation (SMIC) co-CEO Zhao Haijun said on Friday on an earnings call that recent…
Bahamas securities regulators freeze assets of FTX’s unit
(Reuters) – The Securities Commission Of the Bahamas said on Thursday it had frozen assets of FTX Digital Markets, a…
Mercedes F1 team evaluating FTX sponsorship, branding stays for now
SAO PAULO (Reuters) – The Mercedes Formula One team said on Thursday they were keeping the branding of troubled cryptocurrency…
Crypto needs oversight to avoid harming Americans, White House says
WASHINGTON (Reuters) -Cryptocurrencies risk harming everyday Americans without proper oversight and the latest news involving crypto underscores these concerns, White…