BUSINESS

Political Support Leading To Increasing Fallout For Crypto

The Bitcoin cryptocurrency has had a rocky ride since launching in 2008, and support from world leaders such as US President Donald Trump could do it more harm than good
Support for cryptocurrencies from US President Donald Trump or Argentine leader Javier Milei has seen investors lose billions of dollars and is damaging a sector struggling for credibility, researchers told AFP. "The entire crypto industry is being tarnished," said Claire Balva, strategy director for fintech company Deblock.
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The DNA testing craze saw millions of consumers rushing to discover their ancestry and health information with tests from 23andMe

'Delete Your Data': Genetic Testing Firm 23andMe Files For Bankruptcy

Pioneering US genetic testing company 23andMe has filed for bankruptcy and is looking for a buyer two years after hackers gained access to millions of profiles. 23andMe, which sells a mail-back saliva test to determine ancestry or certain health-related genetic traits for less than $200, said late Sunday that it had "filed a voluntary petition for reorganization" with a state bankruptcy court in Missouri.
Buyer's regret? A Tesla driver in Denmark put this sticker on his car, a trend seen elsewhere in the United States and Europe

Tesla Sales Sink By Nearly Half In Europe

Tesla sales plunged in the European Union in the first two months of the year, auto industry figures showed Tuesday, as Elon Musk's politics and ageing models may be turning consumers away.
British energy giant Shell announces further cost-cutting plans

Shell Plans To Cut More Costs, Boost Gas Sales

British energy giant Shell on Tuesday announced plans to slash costs by billions of dollars and increase shareholder returns, as it focuses on its liquified natural gas (LNG) business.

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