The U.S. Attorney’s Office recently seized just under $50 million from Sam Bankman-Fried’s account at Farmington State Bank, which previously had only 3 employees, writes Business Insider. The bank specialized in agricultural loans for farmers until March 2022. The firm Alameda Research later acquired a stake in Farmington, after which it was renamed Moonstone. FTX […]

More than 3,000 employees of online retailer Amazon.com Inc. in the states of New York, California and Washington received layoff notices as part of the company’s second wave of large-scale layoffs, MarketWatch reports. 2,320 workers in the cities of Seattle and Bellevue in Washington, 504 people in four California cities and another 299 in New […]

Yandex has started leasing cars for cab drivers, and RBC has learned about the plans of sporting goods retailer Decathlon to sell its business in Russia – these and other important news for Wednesday morning, January 25, in our daily review. In “Yandex.Taxi” recognized the success of the experiment on leasing cars and is launching […]

U.S. Microsoft Corp (NASDAQ:MSFT). increased revenue in its fiscal second quarter by 2% for the quarter ended Dec. 31 to $52.75 billion, up from $51.8 billion in the same period a year earlier. Experts surveyed by FactSet had on average forecast the company’s revenue at $52.99 billion and net income at $2.29 per share. Microsoft’s […]

In its Jan. 23 bulletin, the Central Bank of Saudi Arabia announced that it is exploring a central bank digital currency (CBDC), but has yet to announce its official launch, Cointelegraph writes. For now, the bank is working on a phase of the project that “focuses on internal options to use CBDC for wholesale use […]

Aeroexpress LLC increased passenger traffic by 7% in 2022 compared to 2021, up to 9.5 million people, the carrier’s press service reported. The company’s share of the airport transportation market grew by 2.3 percentage points to 14.5%. As noted, this is the highest indicator for the period since 2017. According to the general Director of […]

On Tuesday, the ruble weakened slightly (by 7.5 kopecks) against the dollar, weakened by 45 kopecks against the euro and closed above 75.00 for the first time since January 6. Also, the ruble again (as on Monday) fell by 1 kopeck against the yuan. Trading volume in the dollar/ruble pair (tomorrow) amounted to 61.3 billion […]

Tesla CEO Ilon Musk, known for seeking to challenge all forms of power representation, is convinced that consulting firms ISS and Glass Lewis wield excessive power over the market, The Street writes. Most recently, he criticized Anthony Fauci, the immunologist who was America’s chief medical officer during the coronavirus pandemic, even though it could have […]

Stock indices of the Asia-Pacific region (APR) ended the session with multidirectional changes. Activity of trades remains lower than usual level, as exchanges of China and Hong Kong are closed in connection with celebration of New Year on lunar calendar, notes MarketWatch. Investors evaluated reporting of large companies for the past quarter and statdata from […]

Raiffeisenbank has decided to stop accepting cash dollars and euros in its ATMs from February 1, the credit institution said in a statement. “Raiffeisenbank has decided to stop accepting cash US dollars and euros in ATMs from February 1. The decision is due to changes in customer needs,” the bank said. As explained in the […]

An overly violent opening of trading in some stocks listed on the New York Stock Exchange caused panic on Wall Street on Tuesday as dozens of major U.S. companies lost billions of dollars in market value for no apparent reason, Bloomberg writes. Trading in dozens of large-cap stocks was halted within the first 30 seconds […]

Lukoil considers publications about its supplies of fuel to Ukraine from a Bulgarian refinery “deliberately false and unsubstantiated” and calls them part of European domestic political disputes. The company has warned that it is ready to defend its business reputation in court, according to Kommersant. Lukoil denies another information about the company’s deliveries of oil […]

Oil production in Russia will decrease by about 7-13% by the end of this year, predict Kept (former KPMG) partners Maxim Malkov and Marina Mizgireva in the study “Analysis of key trends and prospects for the development of Russian industries in the context of geopolitical turbulence”. RBC writes about it. This forecast is formed on […]

A group of billionaires from around the world has bought a stake in Thrive Capital, a venture capital firm founded by Josh Kushner, Bloomberg writes. According to a Thrive spokesperson, the deal values the firm at $5.3 billion, up from $3.6 billion in 2021, when the firm sold a stake to a unit of Goldman […]

Binance will launch a Self-Trade Prevention (STP) tool to eliminate the possibility of matching and execution of orders of the same trader (self-trading), which can be considered a type of market manipulation. The new feature will be available from January 26, the exchange said in a statement on its official website. Self-trading or “self-trading” occurs […]

Tesla CEO Ilon Musk laid out his action plan for the company’s fight against the recession, which focuses on maximizing cost reductions on everything from parts and logistics to lowering car prices, Reuters writes. Reporting on Tesla’s fourth-quarter results, Musk also talked about another part of such a plan, namely expanding production at Tesla’s newest […]

Russia is transshipping record volumes of Urals crude at sea, Bloomberg writes, citing tanker tracking data. According to the agency, a total of 19 million barrels of crude was probably transshipped at sea in January and December. In January, the volume of such raw materials may reach a record 14 million barrels, the publication said. […]