FRX

Stocks drift, dollar firms as growth fears stifle sentiment

European stocks edge up 0.3% on defensive names Markets overall subdued amid China, U.S. growth fears Dollar gains as investors seek safety LONDON, Aug 16 (Reuters) – European stocks crept sluggishly higher on Tuesday as investors sought safety in defensive names, while risk aversion likewise lifted the safe haven dollar following weak Chinese and U.S. …

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Cryptoverse: Electric ether leaps on verge of Merge

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 16 (Reuters) – It looks like ethereum’s mega-upgrade is happening. Finally. After years of delays, the “Merge” seems all but certain to take place in September, …

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Asia shares mixed, China cuts rates as data disappoints

FILE PHOTO – People pass by an electronic screen showing Japan’s Nikkei share price index inside a conference hall in Tokyo, Japan June 14, 2022. REUTERS/Issei Kato Register now for FREE unlimited access to Reuters.com Register https://tmsnrt.rs/2zpUAr4 Nikkei edges up, S&P 500 futures dip PBOC cuts key rates, China data badly miss forecasts Eyes on …

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Hope for smaller rate rises to lift Wall Street, oil gains

LONDON, Aug 11 (Reuters) – Wall Street headed for another day of gains on Thursday as investors banked on peaking inflation persuading central banks to dial back on their anticipated interest rate hikes in September. The prospect of less aggressive tightening in borrowing costs sent the dollar lower, while oil prices rallied after the International …

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Dollar drops on cooler-than-expected U.S. inflation data

U.S. One dollar banknotes are seen in front of displayed stock graph in this illustration taken, February 8, 2021. REUTERS/Dado Ruvic/Illustration/ Register now for FREE unlimited access to Reuters.com Register NEW YORK, Aug 10 (Reuters) – The dollar fell broadly on Wednesday following a cooler-than-expected U.S. inflation report for July that raised expectations of a …

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Ripple Labs interested in bankrupt crypto lender Celsius’ assets

Celsius Network logo and representations of cryptocurrencies are seen in this illustration taken, June 13, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com Register Aug 10 (Reuters) – San Francisco-based blockchain payments company Ripple Labs Inc, which is embroiled in a high-profile battle with the U.S. securities regulator, is interested in …

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Cryptoverse: Blockchain bridges fall into troubled waters

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register Aug 9 (Reuters) – Another day, another hack – and another blockchain bridge burned. When thieves stole an estimated $190 million from U.S. crypto firm Nomad last …

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Berkshire Hathaway posts massive $43.8 billion loss; operating results improve

Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. REUTERS/Scott Morgan//File Photo Register now for FREE unlimited access to Reuters.com Register Aug 6 (Reuters) – The slide in U.S. stock prices …

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