U.K. Man Must Pay $571 Million Over Stolen Bitcoin, CFTC Says
A U.K. man accused of scamming consumers into sending him more than 20,000 Bitcoin has been ordered to pay $571…
Category: World
Oil Gains As Shipping Remains At A Halt In The Suez Canal, But U.S. Prices Log A Weekly Loss
Crude-oil futures finished higher Friday as a 220,000 ton cargo ship blocked the Suez Canal for a fourth straight day…
Deliveroo Narrows Price Range Ahead Of London Market Debut
Food delivery group Deliveroo has narrowed the price range on its initial public offering, ensuring its order books were fully…
Futures Slip As Bank Stocks Fall On Hedge Fund Default Concerns
U.S. stock index futures dropped on Monday after Wall Street’s surge in the prior session as major lenders came under…
US Not Ready To Lift Tariffs On China —Official
President Joe Biden’s new trade negotiator has said the United States is not yet ready to lift tariffs on Chinese…
Oil Falls On Hopes That Suez Canal Blockage Might End Soon
Oil fell on Monday as a container ship blocking Suez Canal for nearly a week was partially refloated raising hopes…
Toyota Presses Australia To Promote Roll-Out Of Hydrogen Fuel Stations
Toyota Motor Corp on Monday opened its first commercial hydrogen fuel pump site in the Australian state of Victoria, urging…
Australia’s AMP Says Ares Keen To Buy Unit’s $1.7 Billion Private Markets Business
Troubled Australian wealth manager AMP Ltd said on Monday that Ares Management was interested in a potential buyout of its…
Visa Moves To Allow Payment Settlements Using Cryptocurrency
Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its…
Czech Billionaire Kellner killed In Alaska Helicopter Crash
The Czech Republic’s richest man, billionaire Petr Kellner, was killed in a helicopter crash in Alaska, his financial group PPF…
Investors BlackRock, Vanguard Join Net Zero Effort
Top asset managers BlackRock Inc and Vanguard Group Inc have joined an investor push to limit greenhouse gas emissions to…
Nomura Flags $2 Billion Loss, Cancels Bond Issue; Shares Plummet
Nomura Holdings Inc on Monday flagged a possible $2 billion loss at a U.S. subsidiary, prompting Japan’s biggest brokerage and…
Euro Set For Biggest Monthly Drop Since Mid-2019 On Economy Fears
The euro languished below $1.18 on Monday as the prospect of tougher coronavirus curbs in France and Germany weighed on…
Treasury Wine Faces 175.6% Duty Rate For Australian Wine Exports To China
Treasury Wine Estates Ltd, the world’s largest standalone winemaker, said on Monday that Beijing had imposed a final combined 175.6%…
Singapore Wealth Fund Buys 2.5% Stake In Cellnex From Benetton Family
Singapore wealth fund GIC has agreed to buy a 2.5% stake in Europe’s largest mobile phone towers operator Cellnex from…
France, EU Close To A Deal On Air France Bailout: Minister
France and the European Union are close to a deal on a bailout for Air France, which like other carriers…
Exxon, Chevron Take A Slow Walk On The Path To U.S. Shale Recovery
Exxon Mobil and Chevron Corp have scaled back activity dramatically in the top U.S. shale oil field, where just a…
Alibaba-Backed Energy Monster Caught In Legal Dispute Ahead Of U.S. Listing
Energy Monster, China’s biggest mobile device power bank startup backed by Alibaba and SoftBank, is embroiled in an ownership dispute…
Saudi Arabia Seeks To Draw In Foreign Companies
Saudi Arabia has been pushing foreign firms to invest in the kingdom and set up regional headquarters in Riyadh. The…
Banks Warn On Losses After Archegos Capital Stock Unwind
Nomura and Credit Suisse warned on Monday they were facing significant losses after a U.S. hedge fund, named by sources…
Dominion Voting Systems Sues Fox News For $1.6 Billion Over Election Claims
Dominion Voting Systems Corp filed a $1.6 billion defamation lawsuit against Fox News, accusing the cable news network of falsely…
Citi hires Goldman’s Chief Diversity Officer
Citi Group said on Friday that it hired Erika Irish Brown from rival Goldman Sachs Group Inc to lead its…
Demand For German Goods Keeps Economy Humming Through Lockdown
German business morale hit its highest level in almost two years in March as rising demand for manufactured goods kept…
Bank Of England Urges Banks To Keep The Lending Taps Open
The Bank of England called on lenders on Friday to provide enough credit to companies to see them through the…
U.S. Bail-Bond Insurers Spend Big To Keep Defendants Paying
Insurance companies have spent $17 million to defeat proposals to weaken or abolish the for-profit bail industry in the United…
Commodity Gains Push European Stocks To 1-Week High
European stocks rose on Friday, helped by gains in commodity-linked companies as investors balanced worries about surging coronavirus cases with…
China Potential Economic Output May Grow 5%-5.7% Over 5 Years: Central Bank Working Paper
China’s potential economic output is expected to grow 5%-5.7% over the next five years, according to a central bank working…
Foreign Funds Have Billions At Stake In Turkish Market Volatility
Foreign funds have reported about $3.4 billion in Turkish stock and sovereign dollar bond holdings so far this year, much…
US Congress Piles Pressure On Big Tech CEOs Over Misinformation
Only Twitter Inc CEO Jack Dorsey replied “yes” to the question but said the “broader ecosystem” had to be taken…
Suez Canal Authorities Need To Remove Up To 706,000 Cubic Feet Of Sand To Free The Ever Given
Up to 20,000 cubic meters (706,000 cubic feet) of sand in the Suez Canal need to be removed to free…