(Reuters) – Bitcoin rose 3.36% to $24,584.24 at 1707 GMT on Saturday, adding $798.93 to its previous close. Bitcoin, the world’s biggest, best-known cryptocurrency, is up 39.7% from the year’s low of $17,592.78, hit on June 18. Ether, the coin linked to the ethereum blockchain network,rose 0.61 % to $1,734.08 on Saturday, adding $10.46 to …
Bitcoin rises 3.4% to $24,584; up 39.7% from year low in June Read More »
By Krisztina Than and Anita Komuves BUDAPEST (Reuters) -Hungary has narrowed the scope of eligibility for price-capped fuel and is raising a windfall tax on oil and gas group MOL in its latest batch of measures to tackle the cost of living crisis and pressures on government finances. The prime minister’s chief of staff Gergely …
Hungary narrows price-capped fuel scheme and raises windfall tax on MOL Read More »
By David Milliken LONDON (Reuters) – Around 5,000 train drivers across almost a quarter of Britain’s rail network went on strike on Saturday, as part of a campaign for higher pay after the country’s inflation rate hit its highest in 40 years. The 24-hour strike organised by train drivers’ union ASLEF is the second significant …
Britain’s trains disrupted in second widespread rail strike in a week Read More »
By Sabrina Valle (Reuters) – The two largest U.S. oil companies, Exxon Mobil Corp and Chevron Corp, posted record revenue on Friday, bolstered by surging crude oil and natural gas prices and following similar results for European majors a day earlier. The U.S. pair, along with UK-based Shell and France’s TotalEnergies, combined to earn nearly …
Exxon, Chevron post blowout earnings, oil majors bet on buybacks Read More »
By Tom Hals WILMINGTON, Del. (Reuters) -Elon Musk countersued Twitter Inc on Friday, escalating his legal fight against the social media company over his bid to walk away from the $44 billion purchase, although the lawsuit was filed confidentially. While the 164-page document was not publicly available, under court rules a redacted version could soon …
Elon Musk files countersuit under seal vs Twitter over $44 billion deal Read More »
By David Carnevali and David French (Reuters) – Buyout firm Permira is nearing a deal to acquire Reorg Research Inc, a financial data vendor specializing in debt restructuring, for more than $1.3 billion, including debt, according to people familiar with the matter. The deal would mark a lucrative exit for private equity firm Warburg Pincus, …
Permira nears $1.3 billion deal to acquire Reorg – sources Read More »
BERLIN (Reuters) – Ratings agency S&P affirmed Uniper’s long-term credit rating at BBB- with a negative outlook on Friday, fulfilling one of the conditions for Germany’s 15 billion-euro ($15.32 billion) bailout package of the gas importer. The package, among the biggest in German corporate history, still needs approval from the European Commission and the backing …
S&P affirms Uniper’s long-term credit rating in step towards bailout Read More »
By David Shepardson WASHINGTON (Reuters) -A government watchdog said Friday it found “weaknesses” in the Federal Aviation Administration’s oversight of Boeing airplane flight manuals. In a report, the Transportation Department’s Office of Inspector General report said the FAA agreed with the report’s recommendations and will begin assessing existing Boeing airplane flight manuals this year. Two …
U.S. watchdog finds ‘weaknesses’ in FAA oversight of Boeing airplane flight manuals Read More »
(Reuters) – Technology companies, crypto exchanges and financial firms are cutting jobs and slowing hiring as global economic growth slows due to higher interest rates, red-hot inflation and an energy crisis in Europe. In a sign of a tough second half of the year, growth in the world’s largest economy, the United States, shrank for …
Factbox: Companies cut jobs, freeze hiring to prepare for economic slowdown Read More »
MOSCOW (Reuters) -Delivery of a Nord Stream 1 gas turbine to Germany from Canada after maintenance was not in line with the contract, Gazprom’s senior manager said on Friday, stepping up criticism of manufacturer Siemens Energy. The comments signalled a deepening of a row in which Russia has cited turbine problems as its reason for …
Nord Stream gas row deepens as Gazprom airs new complaints on turbine Read More »
