Cryptoverse: Buoyant bitcoin helps market cruise past $2 trillion
As a bleak first quarter draws to a close, crypto seems to have the wind in its sails. It has pushed through the $2 trillion barrier and is proving surprisingly resilient amid global chaos.
UAE, Saudi say OPEC+ should not play politics
The energy ministers of Saudia Arabia and the United Arab Emirates, key members of OPEC+, said on Tuesday the producers’ group should not engage in politics as pressure mounted on them to take action against Russia over its invasion of Ukraine.
Barclays shares fall after top investor offloads $1.2 bln stake
Shares in Barclays (BARC.L) fell as much as 6% in early trading on Tuesday, after one of its top investors offloaded a $1.2 billion chunk of stock in the lender at a discount overnight.
EXCLUSIVE SpaceX ending production of flagship crew capsule
SpaceX has ended production of new Crew Dragon astronaut capsules, a company executive told Reuters, as Elon Musk’s space transportation company heaps resources on its next-generation spaceship program.
Biden to Impose a Minimum Tax on Billionaires in Budget Proposal
The White House is reportedly to ask Congress to enact a new minimum tax on billionaires as part of a budget proposal aimed at revitalizing President Biden’s domestic strategy and reducing the deficit. According to various media outlets, the Biden administration will seek a new minimum tax on billionaires in its 2023 budget proposal, which […]
World Bank approves $830 mln in loans to Colombia
Colombia will receive two loans totalling $830 million from the World Bank to fund COVID-19 pandemic recovery and education efforts, the country’s government and the bank said on Thursday.
BP seeks to sell shut-down North Sea oilfield, riding wave of demand -sources
BP (BP.L) is seeking buyers for its shut-down Foinaven oilfield in the North Sea, hoping Britain’s renewed focus on domestic production will attract buyers interested in extracting the field’s remaining reserves, industry sources said.
Mining firm backed by Bezos and Gates to begin Greenland drilling
Mineral exploration company KoBold Metals, backed by billionaires including Jeff Bezos and Bill Gates, said on Thursday it would begin drilling in Greenland for critical materials used in electric vehicles.
Analysis: New EU rules regulating U.S. tech giants likely to set global standard
Landmark EU rules targeting Alphabet (GOOGL.O) unit Google, Amazon (AMZN.O), Apple (AAPL.O), Meta (FB.O) and Microsoft (MSFT.O) are likely to set a global benchmark and may even force the tech giants to be more innovative, lawyers and experts said.
Russian agents charged with targeting U.S. nuclear plant, Saudi oil refinery
U.S. and British officials on Thursday accused the Russian government of running a years-long campaign to hack into critical infrastructure, including an American nuclear plant and a Saudi oil refinery.
