By Tom Wilson, Tom Westbrook and Chibuike Oguh LONDON/SINGAPORE/NEW YORK (Reuters) -Bitcoin rose on Monday, briefly surpassing $42,000 to reach a 20-month high, in a new surge of momentum fueled by U.S. interest rate cut expectations and traders betting that American regulators will soon approve exchange-traded spot bitcoin funds. The world’s biggest cryptocurrency rose to…
By Ernest Scheyder ALEXANDRIA, Louisiana (Reuters) -Start-up tech firms are racing to transform the way rare earths are refined for the clean energy transition, a push aimed at turbocharging the West’s expansion into the niche sector that underpins billions of electronic devices. The existing standard to refine these strategic minerals, known as solvent extraction, is…
(Reuters) -Cryptocurrency-related stocks listed in the U.S. surged on Monday, looking to extend their strong November gains, as bitcoin topped $42,000 to hit a fresh high for the year. Shares of companies whose fortunes are tied to the cryptocurrency have rallied in recent weeks, spurred by optimism about potential interest rate cuts in the U.S….
By Marco Aquino LIMA (Reuters) – A dramatic and deadly attack on a gold mine in Peru on Saturday has thrown a spotlight on illegal miners and criminal gangs targeting mines, which in recent years has left scores dead and cost billions of dollars in losses, according to industry and government officials. Nine workers were…
BEIJING/SHANGHAI (Reuters) – Sales of U.S. automaker Tesla’s China-made electric vehicles (EVs) skidded 17.8% in November from the same month a year earlier, to 82,432 cars, China Passenger Car Association (CPCA) data showed on Monday. That marked the biggest fall since December 2022 when Tesla’s sales of China-made EVs fell 21% on the year as…
By Krystal Hu and Ira Iosebashvili (Reuters) – An attack on an American warship and commercial vessels in the Red Sea on Sunday risks reigniting investor worries about a widening of the war between Israel and Hamas, potentially complicating the outlook for a rally that saw U.S. stocks crest a fresh closing high for the…
By Gram Slattery WASHINGTON (Reuters) – A pair of key figures at the main super PAC supporting Ron DeSantis’ presidential bid have left the organization, two sources familiar with the matter told Reuters, as internal squabbles among the Florida governor’s allies intensify in the weeks before the first Republican nominating contests. Kristin Davison, the chief…
By Heekyong Yang SEOUL (Reuters) -North Korea said on Saturday it would consider any interference with its satellite operations a declaration of war and would mobilise its war deterrence if any attack against its strategic assets were imminent. Pyongyang would respond to any U.S. interference in space by eliminating the viability of U.S. spy satellites,…
By Nandita Bose and Valerie Volcovici DUBAI (Reuters) -The United States has pledged $3 billion to the Green Climate Fund, Vice President Kamala Harris said on Saturday as she arrived in Dubai for the U.N. climate summit. The fund, with more than $20 billion in pledges, is the largest international fund dedicated to supporting climate…
SHENZHEN, China (Reuters) -China’s surge in respiratory illness is caused by known pathogens and there is no sign of new infectious diseases, a health official said on Saturday as the country faces its first full winter since lifting strict COVID-19 restrictions. The spike in illness in the country where COVID emerged in late 2019 attracted…
