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Finance

Crypto lender BlockFi files for bankruptcy protection

SummaryCompaniesFiling follows weeks after FTX collapseFTX listed as BlockFi’s No.2 creditorBitcoin down over 70% from 2021 peakNov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the […]

Mobility

Who’s next? Chinese EVs drive Stellantis’ Jeep off the road

SummaryCompaniesChina has early-mover advantage in EVsFalling plant usage a common problemSome Chinese automakers target EuropeGlobal players dominate luxury sector for nowStellantis adopts profitable import-based model in ChinaLONDON/MILAN, Nov 28 (Reuters) – The bankruptcy of Stellantis’ […]