Ripple Labs interested in crypto lender Celsius’ bankrupt assets

Ripple Labs interested in crypto lender Celsius’ bankrupt assets

The Celsius Network logo and representations of cryptocurrency are shown in this illustration taken on June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now to get free unlimited access to Reuters.com Register Aug 10 (Reuters) – San Francisco-based blockchain payments firm Ripple Labs Inc, which is engaged in a high-profile battle with the U.S. Securities Regulatory … Read more

Selling SoftBank on Alibaba could end the disintegration of the taboo

Selling SoftBank on Alibaba could end the disintegration of the taboo

Japan’s SoftBank Group CEO Masayoshi Son attends a press conference in Tokyo, Japan, November 5, 2018. REUTERS/Kim Kyung-Hoon Register now to get free unlimited access to Reuters.com Register LONDON, Aug 10 (Reuters) – Masayoshi Son is thinking the unimaginable at SoftBank Group (9984.T). His $63 billion tech and telecommunications empire will cut its stake in … Read more

Factory inflation in China hits 17-month low, consumer prices accelerate

A worker walks in front of steel coils at the Chongqing Iron and Steel Plant in Changshu, Chongqing, China, August 6, 2018. REUTERS/Damir Sagolj/File Photo Register now to get free unlimited access to Reuters.com Register Producer inflation in July at its lowest level since February 2021 Consumer price inflation in July at its highest level … Read more

Aluminum foundry struggles to survive in European gas crisis

The family-owned aluminum foundry experiences a new transformation style Planning to maintain production and reduce gas use Automakers warn that production cuts are inevitable if suppliers shut down Scaling up new gas-free technologies will take years Industry says suppliers need more help to innovate SOLTAU, Germany, Aug. 9 (Reuters) – Screaming for the din of … Read more

Oil rises as Russian pipeline halt revives supply fears

A poster with crude oil written on the side of a storage tank in the Permian Basin in Menton, Loving County, Texas, United States, November 22, 2019. REUTERS/Angus Mordant Register now to get free unlimited access to Reuters.com Register Russian oil exports through the southern part of the Druzhba pipeline have stopped The European Union … Read more

Cryptoverse: Blockchain Bridges Fall into Troubled Water

Representations of cryptocurrency Bitcoin, Ethereum and Dash sinking into water in this illustration taken on May 23, 2022. REUTERS / Dado Ruvic / Illustration Register now to get free unlimited access to Reuters.com Register August 9 (Reuters) – Another day, another hack and another blockchain bridge burns out. When thieves stole an estimated $190 million … Read more

US approves delivery of first Boeing 787 Dreamliner since 21-Sources

The Boeing logo is displayed on screen, at the New York Stock Exchange (NYSE) in New York, US, August 7, 2019. REUTERS / Brendan McDermid Register now to get free unlimited access to Reuters.com Register WASHINGTON (Reuters) – The U.S. government on Monday approved the first Boeing (ban) People familiar with the matter told Reuters … Read more

With cash flowing in, Pfizer buys Global Blood Therapeutics in a $5.4 billion deal

Aug 8 (Reuters) – Pfizer Inc on Monday agreed to pay $5.4 billion in cash to Global Blood Therapeutics, the maker of sickle cell disease drugs. (GBT.O)as it looks to benefit from increased revenue from the COVID-19 vaccine and treatment. Pfizer will pay $68.50 per GBT share, which represents a 7.3% premium over Friday’s closing … Read more

SoftBank plans to cut jobs at Vision Fund after record net loss

SoftBank was in a bubble over ratings- son No Sacred Areas to Cut Costs – Brown SoftBank has exited its stake in Uber Announcing a share buyback of 400 billion yen TOKYO, Aug 8 (Reuters) – SoftBank Group Corp. (9984.T) On Monday, Chief Executive Masayoshi Son said the company was planning to cut staff at … Read more

Bridgewater counteracts Chinese ‘All Weather’ imitators

SHANGHAI/NEW YORK (Reuters) – The huge popularity of billionaire hedge fund manager Ray Dalio in China has not only drawn local investors flocking to his money, but has also spawned local rivals using his “All Weather” strategy and branding to try and beat him at his own game. Now, the Connecticut-based hedge fund giant Bridgewater … Read more