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‘Fugitive’ Do Kwon, wanted over $40 billion Terra Luna crypto crash, arrested in Montenegro
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MONEY
'Fugitive' Do Kwon, wanted over $40 billion Terra Luna crypto crash, arrested in Montenegro
A screen shows the falling values of the Luna cryptocurrency, at a cryptocurrency exchange in Seoul, South Korea, Friday, May 27, 2022.
A screen shows the falling values of the Luna cryptocurrency, at a cryptocurrency exchange in Seoul, South Korea, Friday, May 27, 2022. -...
FRANCE
Five French banks raided in alleged tax fraud investigation Access to the commentsCOMMENTS
FILE - A view of the Societe Generale bank headquarters in La Defense, west of Paris, Wednesday, Feb. 13, 2013
FILE - A view of the Societe Generale bank headquarters in La Defense, west of Paris, Wednesday, Feb. 13, 2013 - Copyright AP Photo
By...
POLITICSGERMANY
Germany: Schröder loses appeal on taxpayer-funded office
13 hours ago13 hours ago
Gerhard Schröder has lost a court bid to reopen his government-funded office as a former chancellor. Parliament stripped him of the facility and staff, but did not link the move to Schröder's contentious Russian ties.
https://p.dw.com/p/4QuZg
A Berlin court ruled on Thursday that former German Chancellor Gerhard Schröder does not have...
CONFLICTSUNITED STATES OF AMERICA
US sees peace within reach for Armenia and Azerbaijan
3 hours ago3 hours ago
Foreign ministers from both Caucasus countries met for peace talks in the United States. Russia said any new agreement must build upon the peace deal it negotiated in 2020, which failed to stop further clashes.
https://p.dw.com/p/4QvdW
US Foreign Secretary Antony Blinken believes that Armenia and Azerbaijan...
CONFLICTSUKRAINE
Russia forces occupied Ukrainians to change citizenship
Lilia Rzheutska | Hanna Sokolova
38 minutes ago38 minutes ago
Ukrainians living in the occupied east are being forced to take Russian citizenship — otherwise they face deportation. Kyiv is sending mixed signals about what its citizens should do.
https://p.dw.com/p/4QvOu
A convoy of empty buses sweeps into a town, alongside members or Russia's domestic intelligence agency FSB....
Ukraine war news for Russians hidden inside video game by Finnish newspaper
Helsingin Sanomat's editor-in-chief Antero Mukka said the paper had to get creative in trying to breach Russia's media restrictions and decided to conceal articles in the shooter game Counter-Strike, which is popular among young Russian men.
Thursday 4 May 2023 13:05, UK
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Avoid 'get rich quick' schemes on Facebook, WhatsApp and Instagram warns bank
TSB analysed its own internal data and found fraud cases within its three biggest fraud categories came via the Meta-owned social media sites.
Reemul Balla
News reporter @Reemul_B
Friday 5 May 2023 01:25, UK
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0:00 / 2:26
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Unrecognizable man reading business report on a laptop computer...
Crypto Firms Are Reportedly Banking Through Intermediaries
BY PYMNTS | MAY 4, 2023
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Crypto Banks Look to Reset, Shed Risky Ambitions
Some cryptocurrency firms are reportedly doing their banking through intermediaries.
With a growing number of banks becoming hesitant to work with crypto clients, there is demand for middlemen who will do their banking for them,...
Coinbase CEO Says Retail Investors Remain Committed to Crypto
BY PYMNTS | MAY 4, 2023
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Coinbase, as a stand-in for the U.S. crypto sector, is undoubtedly facing an existential crisis.
Still, the U.S.-listed cryptocurrency exchange and self-described “most trusted brand” was able to stop a four-quarters-long slide where its business missed analyst estimates for either...
Carvana Expects Return to Profitability in Q2 After Cutting Costs
BY PYMNTS | MAY 4, 2023
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Carvana expects to return to profitability in this quarter after cutting costs.
The used car retailer expects to achieve positive adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the current quarter, Carvana said in a Thursday (May...
NCR Preps for Year-End Split as Digital-First Banking Results Remain Strong
BY PYMNTS | MAY 4, 2023
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As it readies to split NCR into two separate public companies, one focused on digital banking and POS systems and the other dedicated to its ATM network, the company is continuing to sign new deals for both...
Apple’s Services Segment Slows to 5.5% Growth Rate
BY PYMNTS | MAY 4, 2023
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Hardware’s growing — specifically, the phones — but for Apple, services are slowing.
Drilling down into the Q2 results, the tech giant’s iPhone revenue was $51.3 billion, up from $50.6 billion a year ago, against a backdrop where industrywide smartphone...
Google Previews Foldable Phone and Promises Details on May 10
BY PYMNTS | MAY 4, 2023
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Google has released a preview of its first foldable phone and says more news is to come on May 10.
The tech giant announced on a page in the Google Store, together with a short video, that the first...
SOCIETYINDIA
India: Wrestlers' protest spotlights sexual abuse in sports
Murali Krishnan in New Delhi
12 hours ago12 hours ago
Angered by government inaction over sexual harassment allegations against a ruling party politician, female wrestlers approached the nation's top court for justice.
https://p.dw.com/p/4QuKm
India's top wrestlers have been staging protests in New Delhi over the past few days demanding action against a powerful politician, Brij Bhushan...




































