PXP

Crypto's latest meltdown leaves punters bruised and bewildered

Crypto’s latest meltdown leaves punters bruised and bewildered

LONDON/MUMBAI/ANKARA, June 21 (Reuters) – For Jeremy Fong, US crypto lender Celsius was an ideal place to stash his digital currency holdings – and earn some spending money from its double-digit interest rates along the way. “I was probably earning $100 a week,” at sites like Celsius, said Fong, a 29-year civil aerospace worker who …

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Port of Odesa comes under missile attack as Russians advance in eastern Ukraine

Port of Odesa comes under missile attack as Russians advance in eastern Ukraine

European Union to decide on Ukraine membership bid Zelenskiy says battle for Donbas to intensify Separatists claim capture of Toshkivka Russian missiles hit warehouse in Odesa port KYIV, June 20 (Reuters) – Russian forces captured territory along a frontline river in eastern Ukraine on Monday and President Volodymyr Zelenskiy predicted Moscow would escalate attacks ahead …

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Europe may shift back to coal as Russia turns down gas flows

Europe may shift back to coal as Russia turns down gas flows

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/File Photo Register now for FREE unlimited access to Reuters.com Register Germany may take ‘painful’ move to fire up coal power Italy, Austria also looking at burning more coal Surging gas prices add to …

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France votes, with Macron facing tough battle for control of parliament

France votes, with Macron facing tough battle for control of parliament

Projections from voting expected at 1800 GMT Macron needs 289 seats for absolute majority in parliament Pollsters say he may fall short as smaller parties make gains One minister already eliminated in overseas vote PARIS, June 19 (Reuters) – Voting was underway in France on Sunday in a parliamentary election that could deprive newly re-elected …

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Fed's Waller backs another big rate hike for 'all in' inflation fight

Fed’s Waller backs another big rate hike for ‘all in’ inflation fight

The exterior of the Marriner S. Eccles Federal Reserve Board Building is seen in Washington, DC, US, June 14, 2022. REUTERS/Sarah Silbiger Register now for FREE unlimited access to Reuters.com Register June 18 (Reuters) – Federal Reserve Governor Christopher Waller on Saturday became the latest US central banker to pledge a whatever-it-takes approach to fighting …

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Bitcoin sinks to fresh 18-month low as crypto meltdown deepens

Bitcoin sinks to fresh 18-month low as crypto meltdown deepens

LONDON/NEW YORK, June 15 (Reuters) – Bitcoin slumped on Wednesday to a new 18-month low, dragging smaller tokens down with it and deepening a market meltdown sparked by crypto lender Celsius this week freezing customer withdrawals. The world’s largest cryptocurrency fell as much as 7.8% to $20,079.72 , its lowest since December 2020. It has …

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Biden blasts oil refiners for record high gasoline prices, profits

Biden blasts oil refiners for record high gasoline prices, profits

Gas prices over the $6.00 mark are advertised at a 76 Station in Santa Monica, California, US, May 26, 2022. REUTERS/Lucy Nicholson Register now for FREE unlimited access to Reuters.com Register WASHINGTON, June 15 (Reuters) – US President Joe Biden on Wednesday demanded oil refining companies explain why they are not putting more gasoline on …

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Ukraine needs strong signal from EU, Macron says ahead of possible visit

Ukraine needs strong signal from EU, Macron says ahead of possible visit

French leader criticized for perceived soft line Macron insists Paris will do everything to stop Russia Macron sees NATO troops in Romania, supports Moldova Scholz, Draghi, Iohannis may join Macron in Kyiv visit CONSTANTA, Romania, June 15 (Reuters) – President Emmanuel Macron voiced a tougher line on Russia on Wednesday and said Europe needed to …

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Sanctions-hit Kremlin stages 'Russian Davos' bereft of elite, Putin speaks Friday

Sanctions-hit Kremlin stages ‘Russian Davos’ bereft of elite, Putin speaks Friday

International economic forum June 15-18 in St Petersburg No Western bigwigs at ‘Russian Davos’ due to sanctions Putin to give big speech June 17, speak to media – help June 14 (Reuters) – Russia for years hosted world leaders and business titans at its annual economic forum in St Petersburg, but the “Russian Davos” will …

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