Browsing Category
Politics
Mt. Gox begins repaying bitcoin to creditors a decade on from collapse
Thomas Trutschel | Photothek | Getty ImagesThe trustee for Mt. Gox, the Japanese bitcoin exchange that collapsed into bankruptcy a decade ago, on Friday said the company has begun to make payments in bitcoin and in bitcoin cash to some…
Shell to take up to $2 billion impairment hit on Rotterdam, Singapore
The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024.Matt Cardy | Getty Images News | Getty ImagesEnergy giant Shell on Friday said it expects to record a post-tax impairment hit of up…
Putin’s Hungarian ally Orban draws EU ire over ‘peace mission’ to Moscow
Russia's President Vladimir Putin meets with Hungary's Prime Minister Viktor Orban at the Kremlin in Moscow on July 5, 2024. Valery Sharifulin | Afp | Getty ImagesRussia's closest European ally, Hungarian Prime Minister Viktor Orban, has…
Crypto market bloodbath as Mt. Gox bitcoin (BTC) payout approaches
The world's largest cryptocurrency has been pressured of late by news of collapsed bitcoin exchange Mt. Gox preparing to distribute around $9 billion worth of coins to users.Nurphoto | Getty ImagesCryptocurrencies plunged Friday as…
Britain’s Labour pulled off a thumping election victory
Keir Starmer, leader of the Labour Party, campaigns ahead of the general election, in Redditch, UK, on Wednesday, July 3, 2024.Bloomberg | Bloomberg | Getty ImagesLONDON — The U.K.'s Labour Party won a huge parliamentary majority in the…
Jobs report June 2024:
The U.S. economy again added slightly more jobs than expected in June though the unemployment rate increased, the Labor Department reported Friday.Nonfarm payrolls increased by 206,000 for the month, better than the 200,000 Dow Jones…
Britain looks to Left while much of Europe embraces Right
Supporters wave the national flag of France during a campaign meeting of France's far-right Rassemblement National (RN) party's President and lead European Parliament election candidate Jordan Bardella and President of the French…
Israel-Hezbollah war risk rises. Can Iron Dome be overrun?
Israel's Iron Dome anti-missile system intercepts rockets launched from the Gaza Strip, as seen from Ashkelon, in southern Israel, October 20, 2023.Amir Cohen | ReutersOn Thursday morning, Hezbollah said it launched 200 rockets into…
Germany seals 2025 budget plan after tense negotiations
German Chancellor Olaf Scholz smiles during a question time on July 3, 2024 at the Bundestag (lower house of parliament) in Berlin.Ralf Hirschberger | Afp | Getty ImagesGerman government leaders on Friday agreed on an outline for the…
Japan stock markets hit record high—Nikkei, Topix rally sustainable?
This photo taken on May 2, 2024 shows a general view of the entrance to the Tokyo Stock Exchange (TSE) headquarters building in the Nihonbashi area of Tokyo. Richard A. Brooks | Afp | Getty ImagesJapanese stocks have been on a stellar…