Bitcoin slid by more than 10 percent on Wednesday, as investors sold the cryptocurrency after a warning by JPMorgan (JPM.N) Chief Executive Jamie Dimon that it “is a fraud” and will eventually “blow up”. Bitcoin, the original and still the biggest cryptocurrency, has been on a...

Chancellor Angela Merkel called on German car industry to clean up its act for the sake of it employees and the wider economy as she opened the Frankfurt motor show on Thursday, pointing to threats on the horizon to the combustion engine. “A lot of trust has been destroyed. That is...

SoftBank Vision Fund, the world’s largest private equity fund, is considering a $500 million investment in the Hong Kong initial public offering of ZhongAn Online Property and Casualty Insurance Co Ltd, China’s first internet-only insurer, IFR reported on Thursday, citing people close to...

An explosion late on Wednesday at a small coal mine in China’s northern province of Heilongjiang killed nine workers, the official Xinhua News Agency said on Thursday. The incident occurred at the Yuchen coal mine, which has 60,000 tonnes of annual production capacity, located in the...