SINGAPORE (Reuters) -Bitcoin prices on the Australian arm of Binance, the world’s largest crypto-currency exchange, were at a 20% discount to rival exchanges on Tuesday, in a sign customers were seeking to exit their positions quickly. The price of the world’s biggest cryptocurrency, bitcoin, was around A$34,000 ($23,062) on Binance Australia, compared with around A$43,000…
By Julien Pretot and Shrivathsa Sridhar PARIS (Reuters) -Serbian world No. 3 Novak Djokovic risked stirring up a political controversy at the French Open on Monday, after writing a message about Kosovo on a camera lens following his first-round victory. “Kosovo is the heart of Serbia. Stop the violence,” 22-time Grand Slam champion Djokovic wrote…
By Laura Sanicola (Reuters) -The U.S. Department of Justice is investigating a California unit of oil refiner PBF Energy Inc over a November emissions release, the company said. PBF Energy’s Martinez refinery emitted a “powdery substance” later determined to be spent catalysts used in the refining process last Nov. 24 and 25 and had…
JOHANNESBURG (Reuters) – South Africa’s President Cyril Ramaphosa has appointed a panel to investigate U.S. allegations that a Russian ship had collected weapons from a naval base near Cape Town last year, the presidency said in a statement on Sunday. The U.S. ambassador to South Africa Reuben Brigety said on May 11 that he was…
TOKYO (Reuters) – Daimler Truck Holding AG and Toyota Motor Corp have struck a preliminary deal to combine their truck units in Japan, the companies said on Tuesday. Under the memorandum of understanding (MOU), the businesses of Daimler-owned Mitsubishi Fuso Truck and Bus Corp and Toyota subsidiary Hino Motors Ltd would be combined under a…
ISTANBUL (Reuters) – Tayyip Erdogan extended his rule into a third decade by defeating Kemal Kilicdaroglu in Turkey’s presidential election on Sunday. Here are details on how it unfolded: WHAT WERE THE FINAL RESULTS? In the first round of elections on May 14, Erdogan received 27.13 million votes and his rival Kilicdaroglu 24.60 million votes,…
BILLY-BERCLAU, France (Reuters) – France will inaugurate on Tuesday a battery-making gigafactory, the first of four such plants European and Asian companies plan to build in the north of the country. The development by Automotive Cells Company, a joint-venture between Stellantis, Mercedes and TotalEnergies, involves total investment of 2 billion euros ($2.20 billion) – with…
By Christoph Steitz HAMBURG (Reuters) – Siemens Energy is considering setting up production in the United States to help modernise the country’s power grid, keen for a slice of what is expected to be a multitrillion-dollar market following the Inflation Reduction Act (IRA). The deliberations are part of a broader rethink at the German power…
By Tommy Wilkes LONDON (Reuters) -Lloyd’s of London became the sixth organisation to quit a net-zero alliance for insurers within 36 hours on Friday, as a U.N.-backed coalition of financial groups warned about the fallout of “political attacks” on insurers in the United States. Lloyd’s joined Australia’s QBE Insurance in withdrawing from the Net-Zero Insurance…
LONDON (Reuters) – Investors have poured $756 billion into cash funds this year, Bank of America said in a note on Friday, attracted by juicy yields and driven by concerns about banks. The rush into money market funds continued in the week to Wednesday, with $23.1 billion flowing into the cash-like instruments, according to BofA,…
