By Medha Singh and Lisa Pauline Mattackal (Reuters) – Things are heating up on the bitcoin blockchain. Daily transactions have rocketed to an all-time high of 682,000 this month, according to data from Glassnode, almost 40% higher than the previous peak in 2017. Bitcoin’s dominance, or its share of the overall $1.16 trillion cryptocurrency market,…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. An expected interest rate hike in New Zealand will be the main regional focus for Asian and Pacific markets on Wednesday, as another day without agreement in Washington over the U.S. debt ceiling looks certain to sour global…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. An expected interest rate hike in New Zealand will be the main regional focus for Asian and Pacific markets on Wednesday, as another day without agreement in Washington over the U.S. debt ceiling looks certain to sour global…
By Luc Cohen and Karen Freifeld NEW YORK (Reuters) -Donald Trump will face a criminal trial in New York on March 25, 2024, a judge said on Tuesday, meaning the former U.S. President will be on trial as his campaign for the 2024 Republican nomination is in full swing. Trump, who is charged with falsifying…
By William James and Elizabeth Piper LONDON (Reuters) -Britain’s Boris Johnson has been referred to police over further potential breaches of lockdown rules during the COVID-19 pandemic, a charge the former prime minister’s office portrayed as “yet another politically motivated stitch up”. The Cabinet Office, which is responsible for overseeing the operation of government, said…
By David Shepardson WASHINGTON (Reuters) -The Justice Department on Tuesday asked an appeals court panel to vacate an April 2021 ruling that had declared unlawful a government order requiring masks on airplanes and other transportation modes during the COVID-19 pandemic, saying the issue was now moot because the national emergency was now over. In January,…
MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador’s administration is studying the possibility of buying a majority of shares in Citigroup’s local retail unit known as Banamex, according to a government statement published on Tuesday. Buying it would be “good business,” Lopez Obrador said in a press conference earlier, when asked about rumors…
By Patricia Zengerle and Simon Lewis WASHINGTON (Reuters) -The leaders of the U.S. House of Representatives Foreign Affairs Committee on Tuesday privately viewed a classified cable related to the August 2021 U.S. withdrawal from Afghanistan, as the panel’s Republican chairperson and State Department grapple over providing access to the document. Representatives Michael McCaul, the panel’s…
By Chris Prentice NEW YORK (Reuters) – The U.S. Securities and Exchange Commission (SEC) on Tuesday said it obtained an order to shut down an alleged Ponzi-like scheme run by two individuals who raised nearly $62 million from investors for a sham cannabis business. Since at least June 2019, Rolf Max Hirschmann and Patrick Earl…
By Shariq Khan BENGALURU (Reuters) -Oil prices rose on Tuesday on forecasts for a tighter gasoline market and a warning from the Saudi energy minister to speculators that raised the prospect of further OPEC+ output cuts. Brent crude futures rose 85 cents, or 1.1%, to settle at $76.84 a barrel, while the U.S. West Texas…
