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The United States on Friday condemned what it called a "state-led" social media campaign in China against U. State Department spokeswoman Jalina Porter said the social media campaign and consumer boycotts had targeted American, European and Japanese businesses. Volatility is a measure of risk, and that's often measured in relation to returns. By that measure bitcoin is a beast so far this year. Volkswagen will claim damages from former Chief Executive Martin Winterkorn and former Audi boss Rupert Stadler over its diesel emissions scandal, the carmaker said on Friday, trying to draw a line under its biggest-ever crisis.

AMC says it has completed secondary

The German company said that following a far-reaching legal investigation it had concluded Winterkorn and Stadler had breached their duty of care, adding it had found no violations by other members of the management board. Winterkorn and Stadler have both denied being responsible for the scandal. Nowhere is this clearer than in Nigeria, where the central bank is so worried about Nigerians choosing cryptocurrencies over the naira for overseas remittance payments that it is now paying them to use official channels for those transfers instead.

The central bank announced the scheme after international remittances inflows plummeted last year, as more Nigerians abandoned official banking channels by turning to cheaper cryptocurrency exchanges. The Nasdaq also ended higher as less popular tech shares advanced, but the composite index posted its second weekly decline in a row. Burberry has lost a Chinese brand ambassador and its hallmark tartan design was scrubbed from a popular video game, becoming the first luxury brand assailed by the Chinese backlash to Western accusations of abuses in Xinjiang.

China on Friday sanctioned organisations and individuals in the United Kingdom over what it called "lies and disinformation" about Xinjiang, days after Britain imposed sanctions for alleged human rights abuses in the western Chinese region. Burberry is a member of the Better Cotton Initiative, a group that promotes sustainable cotton production which said in October it was suspending its approval of cotton sourced from Xinjiang, citing human rights concerns.

The uptick delivered support to the EUR early in the European session. Bloomberg -- Goldman Sachs Group Inc. S, according to an email to clients seen by Bloomberg News. More of the unregistered stock offerings were said to be managed by Morgan Stanley, according to people familiar with the matter, on behalf of one or more undisclosed shareholders. Wall Street is now collectively speculating on the identity of the mysterious seller or sellers. The liquidation triggered price swings for every stock involved in the high-volume transactions, rattling traders and prompting talk that a hedge fund or family office was in trouble and being forced to sell.

CNBC reported forced sales by Archegos were probably related to margin calls on heavily leveraged positions. Maeve DuVally, a Goldman Sachs spokeswoman, declined to comment. A spokesperson for Morgan Stanley declined to comment. Price SwingsIn block trades, large volumes of securities are privately negotiated between parties, usually outside of open market.

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The peers later recovered after traders said word of the offerings lessened fears that a broader trade was unfolding throughout the sector. That late rebound pushed up an index of companies engaged in internet-related businesses in China and the U. For more articles like this, please visit us at bloomberg.

AMC STOCK RECOVERY! Wednesday BULLISH!

Bloomberg -- In a year when mutual-fund stock pickers are shining, their hedge-fund counterparts are bleeding. Churchill Capital Corp.

How to Access Bitcoin in a World of Illiquidity? –

Large-cap active funds beat their benchmarks by an average of 2 percentage points in the first two months of , according to Bank of America. Hedge funds are evaluated on their most concentrated bets, while mutual funds are judged by the performance of all their holdings. The Robert Brockmans of the world are harder to spot.

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Manage Subscriptions. Schedule a Call. How to Buy. Opening an online self-directed brokerage account provides investors with: Accessibility to a variety of investment products Tools to help you build and optimize your portfolio Flexibility and freedom of managing your investment portfolio. Key Points Consumer-Driven, "New Economy" Sector Focus New Economy sectors such as information technology, consumer discretionary, consumer staples and health care, are well-represented in the Fund's underlying index.