Rises

Bitcoin staged a rebound on Friday, jumping above $30,000 despite the ongoing woes of stablecoin TerraUSD which has caused panic in the crypto market.The world's largest cryptocurrency bitcoin was trading at around $30,262.85 at 4 a.m. ET on Friday, according to CoinGecko data, up 8% in the last 24 hours after it dropped to levels not seen since late 2020 earlier this week.However, the digital currency is still down 16% in the last seven days.The recent crypto meltdown, which has seen billions of dollars wiped off the…

Netflix viewers have shared praise for the 2019 horror film Doctor Sleep after it made its way to the top of the streaming service’s rankings.The film is an adaptation of Stephen King’s 2013 novel of the same name, and a sequel to the horror classic The Shining.In it, Ewan McGregor stars as an older version of Danny Torrence, the child from The Shining, while Rebecca Ferguson plays the supernatural villain Rose the Hat. Doctor Sleep currently sits in the No 1 spot on Netflix’s film and TV rankings in the UK, pipping films…

Nio said its application to list its share on the Singapore Exchange had been approved as the Chinese electric vehicle (EV) manufacturer eyes hedging the potential risk of being delisted in the US. Nio listed its shares on the New York Stock Exchange as part of its initial public offering (IPO) in 2018. It also listed shares on the Hong Kong Stock Exchange in March of this year, albeit without a public offering of its shares. But there is…

Stellantis booked first quarter 2022 revenue up 12% year on year to EUR41.5 billion as shipments of vehicles fell 12% to 1,374,000 units due mostly to the semiconductor shortage. The automaker cited “strong pricing and vehicle mix” as well as favourable foreign exchange effects for the revenue rise. “Our full-year guidance for double-digit adjusted operating income margins and positive cash flow is confirmed, despite supply and…

Vodafone, the telecoms group targeted by activist investor Cevian Capital, said it was working to improve shareholder returns by tackling weaker parts of its business, as it reported a rise in quarterly revenue.Chief Executive Nick Read said Vodafone had delivered a "solid quarter," with a 2.7 percent rise in third-quarter group service revenue, including consistent growth in its biggest market Germany.Analysts, however, said investors were focused on consolidation opportunities in markets such as Italy and Spain, which…