Samsung said it has signed a memorandum of understanding with South Korea’s central bank to conduct technical research on a central bank digital currency.Story Published at: May 16, 2023 at 11:50AM
Samsung is exploring an ‘offline’ digital currency that works with Galaxy phones
Vodafone shares drop 4% after record 11,000 jobs cut as CEO says telco ‘must change’
Vodafone said it would cut 11,000 jobs over three years, out of a total headcount of just over 100,000. Story Published at: May 16, 2023 at 08:34AM
CNBC Daily Open: Markets are playing a waiting game
Washington’s brinkmanship over the country’s debt ceiling continues for another day.Story Published at: May 16, 2023 at 07:30AM
As the wind power industry looks to super-sized turbines, disruptors are betting on radical designs
New designs and ideas are providing a glimpse into how wind energy could develop in the future.Story Published at: May 16, 2023 at 06:45AM
CNBC Daily Open: Investors are playing a waiting game
Washington’s brinkmanship over the country’s debt ceiling continues for another day.Story Published at: May 16, 2023 at 02:42AM
China’s retail sales jump 18% as data continues to portray uneven recovery
China’s activity data for April continued to show an uneven path for recovery as the economy continues to emerge from the impact of its stringent Covid restrictions.Story Published at: May 16, 2023 at 03:04AM
Turkey’s lira and stock markets slide as President Erdogan gains momentum in tight presidential race
Neither 20-year incumbent Recep Tayyip Erdogan nor Kemal Kilicdaroglu has so far cleared the 50% threshold needed to secure an outright victory. Story Published at: May 15, 2023 at 02:38PM
Tesla CEO Elon Musk says he must approve all new hires in internal email
“No one can join Tesla, even as a contractor, until you receive my email approval,” Musk wrote in an email to everybody at Tesla.Story Published at: May 15, 2023 at 11:32PM
Elon Musk still needs ‘Twitter sitter,’ judges rule
Elon Musk had been fighting to unwind parts of a settlement agreement he and Tesla struck with the SEC over civil securities fraud charges in 2018. Story Published at: May 15, 2023 at 06:46PM
Why investors ‘always misunderstand’ the difficulty of regaining a loss, says advisor
To return to baseline, investors must always get a better return relative to their initial loss.Story Published at: May 15, 2023 at 06:46PM