April 22, 2021 Biz in 60

Turkey opens probe into cryptocurrency platform Thodex Turkish prosecutors have launched an investigation into Turkish cryptocurrency exchange platform, Thodex. That's after the exchange abruptly shut down while holding at least 2-billion dollars, leaving thousands of users unable to access their digital assets. A preliminary assessment by police suggests Thodex's founder Faruk Fatih Ozer had flown out of the country on Tuesday. US weekly jobless claims fall to lowest level of COVID-19 US jobless claims fell more than expected last week as economic activity rebounded following the further easing of the coronavirus restrictions. Another 576-thousand people filed for unemployment benefits, down from 769-tthousand in the week prior. Claims are now at the lowest level since mid-March last year, when the COVID-19 pandemic began. Credit Suisse reports $275M Q1 loss after Archegos scandal Credit Suisse swung to a loss in the first quarter as it reels from back-to-back crises involving Archegos Capital and Greensill Capital. Net loss at the Swiss lender came in at 275-million dollars, driven by a 4-point-7 billion dollar loss linked to the collapse of Archegos. The bank says it'll raise nearly 2-billion dollars in capital to rebuild its balance sheet

You can listen to April 22, 2021 Biz in 60 online on Radio and Podcast. Open the player on this page to stream the available audio.

April 22, 2021 Biz in 60 is an episode from Business in 60 Seconds by Business in 60 Seconds.

This episode is 00:01:10 long.

This episode was published on Apr 23, 2021.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Business in 60 Seconds when more episodes are available from the podcast feed.