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Analysis-Decentralised finance: Latest front in crypto’s hacking problem
By Tom Wilson LONDON (Reuters) - For most of the 13-year life of cryptocurrencies, exchanges were the epicentre for cyberheists. Now, a bigger hacking risk in the growing sector has exploded into view...
Syndicated Content Aug 16, 2021
Germany to sell up to a quarter of its Lufthansa stake
BERLIN (Reuters) - Germany plans to sell up to a quarter of its 20% stake in Lufthansa over the coming weeks, the German finance agency said on Monday, citing positive developments at the bailed-out a...
Syndicated Content Aug 16, 2021
Analysis-Valuing China assets no easy task after $1 trillion wipeout
By Tom Arnold and Marc Jones LONDON (Reuters) - Any veteran investor will tell you that financial markets overshoot when trouble hits, but what if that market is the world's second-largest economy and...
Syndicated Content Aug 16, 2021
Aramco in advanced talks on up to $25 billion Reliance deal – Bloomberg News
BENGALURU (Reuters) - Saudi Aramco is in advanced talks to acquire a roughly 20% stake in Reliance Industries Ltd's oil refining and chemicals business for about $20 billion to $25 billion in Aramco's...
Syndicated Content Aug 16, 2021
Marketmind: A heavy dose of caution
A look at the day ahead from Saikat Chatterjee. China's disappointing monthly activity data suggests the world's No.2 economy is losing steam more quickly than anticipated and sets the scene for a cau...
Syndicated Content Aug 16, 2021
U.S. Gulf of Mexico oil producers consolidation accelerates
By Gary McWilliams HOUSTON (Reuters) - Oil and gas producers in U.S. Gulf of Mexico have consolidated at a faster rate during the pandemic, new government data shows, as crashing prices squeezed out s...
Syndicated Content Aug 16, 2021
U.S. investors lean on blank-check firms in search for energy transition targets
By Jessica Resnick-Ault NEW YORK (Reuters) - Former U.S. oil investment bankers, portfolio managers and executives have formed over 20 listed blank-check companies to take renewable energy companies p...
Syndicated Content Aug 16, 2021
Didi says will be more transparent on drivers’ income after criticism
BEIJING (Reuters) - China's Didi Global Inc said on Monday drivers in several Chinese cities will be able to know details on how Didi pays them, the first big move by the ride-hailing giant after it w...
Syndicated Content Aug 16, 2021
China cbank offers more medium-term loan than expected to cushion economic slowdown
SHANGHAI (Reuters) - China's central bank injected billions of yuan through medium-term loans into the financial system on Monday, which many market participants interpreted as an effort to prop up th...
Syndicated Content Aug 15, 2021
HSBC to buy Axa’s insurance assets in Singapore for $575 million
SINGAPORE (Reuters) - HSBC said on Monday it had agreed to acquire Axa's insurance assets in Singapore for $575 million as it scales up its insurance business. "The proposed acquisition, which is subj...
Syndicated Content Aug 15, 2021
Peoria, IL, USA
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