HSBC to launch digital assets custody service by 2024
HSBC Holdings Plc (LON:HSBA) has announced plans to introduce a custody service for digital assets such as tokenized securities by…
Jewellery maker Pandora raises sales forecast after Q3 profit beat
(Reuters) – Danish jewellery maker Pandora (OTC:PANDY) reported a smaller than expected drop in third-quarter profit on Wednesday as more…
TikTok owner ByteDance offers to buy back shares from staff at $160 apiece
(Reuters) – China’s ByteDance, the parent of short video app TikTok, is offering to buy back shares from its employees…
Factbox-China property rescue: Who are Ping An Insurance Group and Country Garden?
(Reuters) – Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the…
Earnings call: Nine Energy Service optimistic about Q4 and 2024 despite Q3 decline
In its Q3 2023 earnings report, Nine Energy Service (NYSE:NINE) revealed a revenue of $140.6 million and adjusted EBITDA of…
Reaction to Reuters report on Ping An, Country Garden
(Reuters) – Chinese authorities have asked Ping An Insurance Group to take a controlling stake in embattled Country Garden, the…
Continental hikes car market forecast, warns on 2024 outlook
(Reuters) – Germany’s Continental expects a strong fourth quarter for its automotive business and higher growth in the global auto…
Expeditors misses profit estimates on gloomy freight demand
(Reuters) – Logistics services provider Expeditors International (NASDAQ:EXPD) of Washington missed estimates for third-quarter profit on Tuesday due to a…
Coinbase to cease Bitcoin SV support amid ongoing controversy
Coinbase (NASDAQ:COIN), a top-tier U.S. cryptocurrency exchange, has announced it is discontinuing support for Bitcoin SV (BSV) by January 9,…
BizCap assists Performant Financial in securing $25m credit facility from Wells Fargo
Performant Financial, a provider of healthcare payments integrity and tech-enabled services, recently secured a $25 million credit facility from Wells…