Category Archives:
Crypto firm Fireblocks buys payments tech platform for $100 million
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Fireblocks, an infrastructure provider for cryptocurrencies, has acquired First Digital, a stablecoin and digital asset payments technology platform. F...
Feb 16, 2022
Russian Finance Minister hopes government will help regulate crypto market
MOSCOW (Reuters) - The Russian finance ministry does not want to ban circulation of cryptocurrencies as advocated by the central bank and hopes the government will help solve the crypto market regulat...
Feb 16, 2022
Samsung invests $920 million in Vietnam plant expansion
HANOI (Reuters) - South Korean electronic components manufacturer Samsung Electro-Mechanics Co Ltd will invest $920 million in a production facility in northern Vietnam, the Southeast Asian country sa...
Feb 16, 2022
Two U.S. senators set to introduce ‘Kids Online Safety Act’
(Reuters) - Two U.S. senators will introduce legislation on Wednesday, called the "Kids Online Safety Act," that would require social media platforms to provide parents with tools to protect their chi...
Feb 16, 2022
Indian tax authorities search premises of China’s Huawei
BENGALURU (Reuters) - India's income tax authorities have conducted searches at multiple premises of Chinese telecoms equipment maker Huawei Technologies as part of a tax investigation, a government s...
Feb 16, 2022
Barrick Gold announces $1 billion buyback, posts higher profit
(Reuters) -Miner Barrick Gold Corp, on Wednesday reported a 6% rise in fourth-quarter profit and announced a share repurchase of up to $1 billion. The miner also declared a dividend of 10 cents per sh...
Feb 16, 2022
ECB warns about vulnerable property market in euro zone
FRANKFURT (Reuters) - The property market is a "key vulnerability" for euro zone banks as the rise of remote working since the pandemic dents demand for offices and households take on more debt to buy...
Feb 16, 2022
Hilton revenue more than doubles as vaccinations, holiday travel boost hotel occupancy
(Reuters) - Hilton Worldwide Holdings Inc posted a 106% rise in fourth-quarter revenue on Wednesday, as higher vaccination rates and a rebound in travel demand during the holiday period boosted occupa...
Feb 16, 2022
Oath Keepers founder to seek release from jail ahead of U.S. sedition trial
By Sarah N. Lynch WASHINGTON (Reuters) - Right-wing Oath Keepers militia founder Stewart Rhodes will ask a U.S. judge on Wednesday to release him from jail as he awaits trial on a charge of seditious ...
Feb 16, 2022
Fed minutes likely to provide details on rate hikes, balance sheet reduction
By Howard Schneider WASHINGTON (Reuters) - The release on Wednesday of the minutes of the Federal Reserve's last policy meeting is likely to shed light on the U.S. central bank's plans to trim its mas...
Feb 16, 2022
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