Over half of US Bitcoin investors entered the market in 2021, when the cryptocurrency's price rose 70%. 37% see Bitcoin as a short-term investment with which to make "quick money".

Chinese taxi service Didi has officially announced that it will delist from the New York Stock Exchange. Facing pressure from Beijing, the company is walking away with the worst result…

Elon Musk's Tesla and SK Innovation, the world's largest car battery maker, have requested the US Trade Representative (USTR) for an exemption from customs taxes for importing graphite into the…

UK fintech startup Thought Machine has raised $200m in a new funding round in which investors have raised its valuation above $1bn, CNBC reports.

China has demanded that taxi aggregator Didi develop a plan to leave the US exchange. If privatised, the company would have to buy back its shares from investors at a…

The autumn art auctions in New York set a record with sales exceeding $2.65 billion.

Net profit of China's largest internet company Alibaba Group Holding for the six months of fiscal year 2020-2021 (ended September 30) fell 33.9 percent year on year to $7.839 billion,…

Managers of Evergrande Group, one of China's biggest developers on the verge of default, decided to sell all of its existing shares in HengTen Networks Group for HK$2.13 billion (US$273.16…

International rating agency S&P Global Ratings (S&P) has placed Japanese electronics giant Toshiba Corporation's 'BB+' rating on its watch list with the possibility of a downgrade after the company announced…

The price of gold hit a five-month high. Investors are buying the precious metal because of rising inflation. It is also pushing investors into risky assets - cryptocurrencies and promising…

Tesla founder Elon Musk has hinted at new sales of his company shares in response to US Senator Bernie Sanders' demand to tax the super-rich.

Sales on Alibaba's e-commerce platforms exceeded 540.3 billion yuan ($84.54 billion) during the world's largest global online Bachelor's Day sale in China, preliminary official figures showed.

Elon Musk has sold some of his Tesla shares for the first time in five years. He got rid of $5bn worth of securities in three days, with the sale…

Rolls-Royce has raised more than $600m to develop small nuclear reactors for the UK.

German chemical-pharmaceutical concern Bayer AG posted a net loss of €161 million for the three quarters of 2021, compared with a loss of €10.803 billion a year earlier, the company…

China's Sinopec has signed a twenty-year contract with US-based Venture Global LNG, under which Venture Global will be supplying 4 million tonnes of liquefied natural gas annually for 20 years,…

Moller-Maersk, the world's largest container shipping company, released its financial results for the third quarter.

Europe's largest low-cost airline, Ryanair, has reported its second quarter and first half of the current financial year.

Coca-Cola has announced that it is buying BodyArmor, one of the largest producers of sports drinks.