Bloomberg Surveillance with Tom Keene, Jonathan Ferro & Lisa Abramowicz live from New York, bringing insight on global markets and the top business stories of the day.
The economy and markets are “under surveillance”. Bloomberg Surveillance, covering the latest news in finance, economics and investments.
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Crypto exchange Huobi is planning to lay off 20% of its workforce, as a months-long rout in digital asset prices continues to disrupt many of the industry’s largest companies.
Singapore-based Huobi expects to maintain “a very lean team” going forward due to the ongoing bear market, the company said in a statement on Friday. Reuters was first to report the firings.
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