By Michalis Sarris
The policy response of Governments and Central Banks to the pandemic was massive and unprecedented. In the USA, the Federal Reserve Bank put out $3 trillion in high-powered ...
Liquidity troubles at crypto lending platform Celsius Network, which have left its 1.7 million customers unable to redeem their assets, will increase US regulatory pressure on the sector, which was already ...
BofA Securities economists see roughly a 40 per cent chance of a US recession next year, with inflation remaining persistently high.
They expect US Gross Domestic Product growth to slow to ...
Oil prices tumbled about 5 per cent to a three-week low on Friday, led by a slump in US gasoline futures, as investors worried interest rate hikes from major central banks ...
Coordinated or not ahead of this month’s G7 summit, global central banks are accelerating interest rate hikes but also actively draining the giant pool of cash swilling around world ...
Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid scheme to support the cryptocurrency.
In a complaint filed in federal ...
Bitcoin recovered on Wednesday after diving to an 18-month low, buoyed by the US Federal Reserve’s tough stance on inflation even in the midst of a market meltdown this ...
Russia has torpedoed a Western-backed proposal to discuss whether its diamonds are funding war ahead of an international conflict diamond meeting in Botswana, letters seen by Reuters show.
The rift ...
Oil prices recovered on Thursday from a steep drop in the previous session, supported by tight oil supply and peak summer consumption, after a hefty US rate hike sparked fears ...
Tapping into Israel’s vast renewable sources of energy will help reduce the EU’s dependence on Russia, European Commission President Ursula von der Leyen said during her visit to ...
The euro zone’s trade deficit almost doubled in April from the previous month after an already record expansion in March, and industrial production increased over the same period on ...
The European Central Bank promised fresh support and a new scheme on Wednesday to temper a market rout that has fanned fears of a new debt crisis on the euro ...
The S&P 500 index, the most closely followed benchmark for US equities on Wall Street, has slid this year as inflation jumped to its highest rate in 40-years.
On ...
Bitcoin fell on Wednesday to a new 18-month low, dragging down smaller tokens with it, as the recent tumble in crypto markets showed no sign of letting up.
The world’...
The United Arab Emirates (UAE) has ordered a four-month suspension in exports and re-exports of wheat and wheat flour originating from India, the world’s second biggest producer of the ...
The European Central Bank’s policy-setting Governing Council will hold a rare, unscheduled meeting on Wednesday to discuss the turmoil in bond markets, underscoring official concern around a blowout in ...
World oil demand growth will slow in 2023, OPEC delegates and industry sources said, as surging crude and fuel prices help drive up inflation and act as a drag on the ...
BMW (BMWG.DE) will install and test a long-range battery developed by Michigan-based startup Our Next Energy (ONE) in the German automaker’s iX electric SUV, the companies said on ...
The crypto market’s a hot mess, leaving many investors struggling to turn a buck. Enter the arbitrageurs.
Bitcoin and other cryptocurrencies have either been shackled to ranges or in ...
Binance US and its CEO were sued on Monday by a US investor who alleges the cryptocurrency exchange falsely marketed Terra USD as a safe asset ahead of the so-called ...
Google parent Alphabet (GOOGL.O) has offered to let rival ad intermediaries place ads on YouTube to address a crucial part of an EU antitrust investigation that could pave the ...
El Salvador’s Finance Minister Alejandro Zelaya on Monday dismissed concerns that a sharp drop in the value of bitcoin could hurt the Central American nation’s fiscal health.
El ...
Elon Musk will speak to Twitter Inc (TWTR.N) employees this week for the first time at a company-wide meeting since launching his $44 billion bid in April, a source said ...
Bitcoin fell as much as 14 per cent on Monday after major US cryptocurrency lending company Celsius Network froze withdrawals and transfers citing “extreme” market conditions, in the latest sign of ...