Shutters

Asos has announced a one-off impairment charge of £200m after it decided to idle its main US warehouse near Atlanta, Georgia, in a move aimed at cutting costs and boosting profitability. Later this year, the online fashion…

LocalMonero, one of the largest centralized peer-to-peer platforms for XMR trading, is shutting down its services amid the global crackdown on privacy-focused tokens. The central peer-to-peer marketplace for trading Monero (XMR),…

San Francisco-based crypto payments firm Wyre shut down after nearly 10 years in business, citing the financial challenges of a bear market, not anything to do with any hard-line "regulatory agency approach" in the US. In a blog post on…

British giant HSBC is closing its wealth and personal banking businesses in New Zealand as part of its latest moves to move away from less profitable companies and focus on the Asian market. According to a report by Reuters, the two…