FINS

Some investors backing out of SPAC merging with Trump’s media firm

The Truth social network logo is seen on a smartphone in front of a display of former U.S. President Donald Trump in this picture illustration taken February 21, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 23 (Reuters) – Some investors are backing out of Digital World Acquisition Corp’s (DWAC.O) plan to …

Some investors backing out of SPAC merging with Trump’s media firm Read More »

Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end

A specialist trader works on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 22, 2022. REUTERS/Brendan McDermidRegister now for FREE unlimited access to Reuters.comRegisterNEW YORK, Sept 23 (Reuters) – A week of heavy selling has rocked U.S. stocks and bonds, and many investors are bracing for more pain …

Wall St Week Ahead Investors wonder when vicious sell-off in U.S. stocks will end Read More »

Dollar soars to two-decade high as Putin shakes FX market ahead of Fed

Register now for FREE unlimited access to Reuters.comRegisterDollar index at two-decade highEuro slides back toward two-decade lowsPutin announces partial troop mobilization for UkraineMarkets gauging Fed hawkishness in Powell briefingLONDON/NEW YORK, Sept 21 (Reuters) – The dollar surged to a new two-decade high on Wednesday just ahead of another expected aggressive Federal Reserve interest rate hike, …

Dollar soars to two-decade high as Putin shakes FX market ahead of Fed Read More »

Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge

Souvenir tokens representing cryptocurrency networks Bitcoin, Ethereum, Dogecoin and Ripple plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 20 (Reuters) – The Merge came, saw and conquered. Not that you’d guess from crypto prices.The Ethereum blockchain’s mega-upgrade finally went live on Sept. 15, …

Cryptoverse: After Merge, ether heads for a $20 billion Shanghai splurge Read More »

Cancer victims urge court to end J&J bankruptcy roadblock to lawsuits

Register now for FREE unlimited access to Reuters.comRegisterSept 19 (Reuters) – People suing Johnson & Johnson over the company’s talc products urged an appeals court on Monday to revive their claims, saying the profitable company should not be allowed to use a bankrupt subsidiary to block lawsuits alleging the products cause cancer.They asked a panel …

Cancer victims urge court to end J&J bankruptcy roadblock to lawsuits Read More »

Europe races to prepare for energy crunch this winter

Spain may shut energy-intensive industries at peak timesFrance prepares to send gas to Germany in OctoberGermany to sign LNG contracts in UAEBerlin still working on Uniper bailoutBERLIN/LISBON, Sept 19 (Reuters) – Germany was pressing on Monday to secure liquefied natural gas contracts with Gulf producers and other European states outlined measures to conserve energy, with …

Europe races to prepare for energy crunch this winter Read More »

U.S. signs deal with Google to develop chips for researchers

The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew KellyRegister now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 13 (Reuters) – The U.S. Commerce Department said it reached a cooperative research and development agreement with Alphabet Inc’s (GOOGL.O) Google to produce chips …

U.S. signs deal with Google to develop chips for researchers Read More »

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterSept 13 (Reuters) – For years, ether could barely dream of challenging its big brother bitcoin. Now, its ambitions may be becoming more …

Cryptoverse: Ether snaps at bitcoin’s heels in race for crypto crown Read More »

Explainer: Understanding Ethereum’s major ‘Merge’ upgrade

A representations of cryptocurrency Ethereum is seen in front of a stock graph and U.S. dollar in this illustration taken, January 24, 2022. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterSept 9 (Reuters) – Ethereum, the blockchain that underpins the world’s second-largest crypto token ether, will soon undergo a major software upgrade that …

Explainer: Understanding Ethereum’s major ‘Merge’ upgrade Read More »