celsius-says-it-owes-its-users-us$472b-amid-a-us$1.19b-balance-sheet-deficit

Celsius says it owes its users US$4.72B amid a US$1.19B balance sheet deficit

  • Bloomberg

    BofA Sees Risk of ‘Proper Capitulation’ If Earnings Disappoint

    (Bloomberg) — US stocks could be in for more declines as the risk of a hard recession and a stronger dollar rises in the second half of the year, according to Bank of America Corp. strategists.Most Read from BloombergIvana Trump, First Wife of Former President, Dies At 73Chinese Homebuyers Across 22 Cities Refuse to Pay MortgagesWall Street Texting Habit Sticks Banks With Rare $1 Billion BillChina Growth Slows Sharply, Putting GDP Target Out of ReachAlthough both stocks and credit are close to

  • Bloomberg

    China Property Crisis Is Spiraling With Homebuyers’ Boycott

    (Bloomberg) — Former UBS Group AG economist Jonathan Anderson once called it “the most important sector in the universe.”Most Read from BloombergIvana Trump, First Wife of Former President, Dies At 73Chinese Homebuyers Across 22 Cities Refuse to Pay MortgagesWall Street Texting Habit Sticks Banks With Rare $1 Billion BillChina Growth Slows Sharply, Putting GDP Target Out of ReachMore than a decade on, Chinese property is again grabbing the attention of global investors — this time for all the

  • Barrons.com

    Don’t Get Your Hopes Up. Stocks Are Still in a Bear Market.

    Yes, it’s hard to describe another week of losses as hopeful. After closing near its lows on Monday and Tuesday, the S&P turned large losses into small ones on Wednesday and Thursday, before closing up 1.9% on Friday. The market action was driven primarily by worries that the Federal Reserve would have to get even more aggressive to bring down inflation.

  • Reuters Videos

    Biden brings Palestinians aid but no new peace plan

    STORY: As he wrapped up the first leg of a Middle Eastern trip before departing for Saudi Arabia, Biden visited a hospital in East Jerusalem and pledged a multi-year $100 million package of financial and technical help.But after a meeting with Palestinian President Mahmoud Abbas in the West Bank town of Bethlehem, he acknowledged that the creation of an independent Palestinian state remained a distant prospect with no immediate prospect of new talks with Israel.Abbas said prospects for a two-state solution to the conflict, the model favoured by the United States and world bodies including the United Nations, were receding and the opportunity “may not remain for a long time.”He reiterated demands that the United States open a consulate in East Jerusalem, which Palestinians want as the capital of a future independent state, remove the Palestine Liberation Organization from a list of terrorist groups and allow it to re-open an office in Washington.

  • Bloomberg

    Dubai Digital Investments Seeks IPO to Raise Cash for Tech Deals

    (Bloomberg) — Most Read from BloombergManchin in Driver’s Seat Again After Inflation Fears VindicatedWall Street Set for New ETF Gold Rush as Single-Stock Era BeginsThe Most Hated Justice on the Supreme CourtIvana Trump, First Wife of Former President, Dies At 73Musk Seeks to Block ‘Warp Speed’ Twitter Trial Over $44 Billion DealA new platform founded by entrepreneur Faisal Belhoul is planning an initial public offering in Dubai by the end of this year to invest in technology firms. Dubai Digit

  • FX Empire

    Top 5 Crypto Debit Cards in Europe

    Crypto debit cards are getting a foothold in Europe as crypto adoption rises. Crypto and fiat currency spending options take crypto cards mainstream.

  • Reuters

    Tonic maker Fevertree cuts profit forecast, shares plunge 30%

    (Reuters) -Tonic maker Fevertree Drinks lowered its annual profit forecast on Friday amid worsening cost pressures and industry-wide supply chain snags, sending shares down 30% on track for their biggest-ever one-day percentage loss. Fevertree said it expected full-year operating profit to be in the range of 37.5 million pounds to 45 million pounds ($44.33 million – $53.19 million), well down from its earlier forecast of between 63 million pounds and 66 million pounds. The London-based company said demand from U.S. consumers remains strong, but labour shortages affecting East Coast production meant it had to ramp up U.K. output and ship drinks across the Atlantic at a time of elevated sea freight rates.

  • Barrons.com

    Lumber Prices Have Taken a Big Chop. Where They’re Headed Now.

    The lumber market has taken some big hits from rising inflation and a slowdown in the housing market, with lumber prices down more than 40% in the first six months of the year. Lumber has bucked the overall uptrend in the commodities market. The S&P Goldman Sachs Commodity Index, composed of 24 exchange-traded commodity futures contracts, jumped 26% in 2022’s first half.

 » Read More  » Read More

Tags: No tags

Comments are closed.