When Doug Milnes started buying cryptocurrencies in January of this year, he felt like it could become an entirely new asset class for investors.
Right now what it is making ...
Ferrari (RACE.MI) makes some of the fastest cars on the road, but the luxury Italian automaker is taking the slow lane to an electric future as it tries to ...
Jacobi Asset Management said on Thursday that it would launch Europe’s first bitcoin exchange-traded-fund (ETF) on the Euronext exchange, in a sign of the cryptocurrency’s appeal despite its ...
Samsung Electronics Co Ltd (005930.KS) said on Thursday it has begun mass producing chips with advanced 3-nanometre technology, the first to do so globally, as it seeks new clients to ...
Lebanon’s untamed financial crisis is gathering new menace as it heads into a fourth year, with political paralysis dampening hope of reforms that could unlock foreign support and stave ...
Sterling fell on Friday against the dollar and Swiss franc as renewed fears of a global recession knocked the risk sensitive British currency.
After its biggest six-month decline since 2008 against ...
Turkish manufacturing activity contracted for a fourth consecutive month in June as weakening demand prompted companies to curb production, a business survey showed on Friday.
Turkey’s Purchasing Managers’ Index (...
Oil prices fell on Friday, extending the previous day’s plunge, as lingering fears of a recession weighed on sentiment, putting the benchmarks on track for their third straight weekly ...
North Korean hackers are most likely behind an attack last week that stole as much as $100 million in cryptocurrency from a US company, three digital investigative firms have concluded.
The ...
Investors knew that, after two years of COVID-19 chaos, 2022 would be a bumpy ride, but nobody expected this – the most turbulent first-half global markets have ever seen.
To grasp just ...
Crypto hedge fund Three Arrows Capital (3AC) has entered liquidation, a person familiar with the matter told Reuters on Wednesday, in the latest sign of the market downturn hurting the ...
Facing the toughest economic conditions in decades, Britain’s supermarkets are cutting product ranges, searching for cost savings and patrolling each other’s stores to check prices and products as ...
Top oil exporter Saudi Arabia may raise prices of light crude grades to Asia for the second straight month in August on the back of record distillate margins and strong ...
The European Union on Thursday will seek agreement on ground-breaking rules for regulating crypto assets as the rout in bitcoin piles pressure on authorities to rein in the sector.
Globally, ...
Consumers continue to adjust their purchasing habits in order to better deal with supply chain disruptions and soaring inflation, according to the latest edition of the PwC Global Consumer Insights ...
Russian lender VTB’s (VTBR.MM) VTB Factoring subsidiary and fintech company Lighthouse have executed the country’s first cash-backed digital financial asset transaction, the bank said on Wednesday.
In ...
Russian lawmakers this week approved a draft law that would potentially exempt issuers of digital assets and cryptocurrencies from value-added tax.
Russia has long voiced scepticism of cryptocurrencies and other ...
The nosedive in cryptocurrency markets has wiped out millions of dollars in funds stolen by North Korean hackers, four digital investigators say, threatening a key source of funding for the ...
A nearly $17 billion JP Morgan fund is expected to reset its options positions on Thursday, potentially adding to equity volatility at the end of a dismal first half for stocks.
...
G7 leaders have agreed to study possible price caps on Russian oil and gas to try to limit Moscow’s ability to fund its invasion of Ukraine, G7 officials said ...
Oil prices fell on Wednesday after rising in the previous three sessions as the market tussled between concerns about the global economy and tight global oil supplies.
Brent crude futures ...
Heineken (HEIN.AS) will build a 1.8 billion peso, or $90 million, can manufacturing plant in the northern Mexican state of Chihuahua near its brewery in the town of Mequoi, the company ...
Japan’s Nissan Motor Co Ltd (7201.T) on Tuesday rejected a shareholder proposal at its annual general meeting (AGM) that would have led to the disclosure of a decades-old agreement ...
Kazakh billionaire businessman Timur Kulibayev has handed to the state energy company his stake of 49 per cent in Petrosun, a large oil and oil products trader controlled by China’s ...