Dnipro river should return to its banks by June 16 after dam collapse -Russian-backed official
This content was produced in Russia, where the law restricts coverage of Russian military operations in UkraineMOSCOW, June 10 (Reuters)...
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US charges two Russians in hack of Mt. Gox crypto exchange
WASHINGTON, June 9 (Reuters) - The United States has charged two Russian nationals in the hack of collapsed cryptocurrency exchange Mt. Gox, one of the world's earliest, biggest and most widely publicized alleged bitcoin heists.The department in a statement said Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, were charged with conspiring to launder approximately 647,000 bitcoins from their hack of Mt. Gox, which collapsed in 2014 after losing what was then worth about half a billion dollars in cryptocurrency.The event was one of the first signs of how vulnerable exchanges...
Dollar gains before Fed meeting, inflation data
NEW YORK, June 9 (Reuters) - The dollar bounced off two-week lows on Friday as investors awaited inflation data and...
Exclusive: Russian banker Kostin says the end of U.S. dollar dominance is nigh
Russian Rouble and U.S. Dollar banknotes are seen in this illustration taken, February 24, 2022. REUTERS/Dado Ruvic/IllustrationTop banker: This is 'hot war' not Cold WarKostin: Dollar use will be hurt by West's sanctionsKostin: China moving towards removing currency restrictionsKostin: Record VTB profit this yearKostin: VTB to sell one of biggest grain tradersMOSCOW, June 9 (Reuters) - The end of the dominance of the U.S. dollar is nigh as the Chinese yuan rises and the rest of the world sees the peril of the West's failed attempt to bring Russia to...
UBS slams EU antitrust regulators for ‘arbitrary’ $186 million cartel fine
The logo of Swiss bank UBS is seen at its headquarters in Zurich, Switzerland October 25, 2022. REUTERS/Arnd Wiegmann/File PhotoLUXEMBOURG,...
European shares steady as rate jitters weigh, firm pound drags FTSE 100 down
Euro zone saw winter recession, more challenges aheadEvotec tops STOXX 600 after Citigroup upgradeTelecoms dragged by Vodafone sharesSTOXX 600 flat, FTSE 100 down 0.3%June 8 (Reuters) - European shares were subdued on Thursday as rate-sensitive technology shares and consumer staples slipped on expectations of further interest rate hikes by major central banks, while a sharp slide in Vodafone shares weighed on the telecoms sector.The pan-European STOXX 600 index (.STOXX) was flat, with the rate-sensitive technology sector (.SX8P) down 0.3%.Britain's FTSE 100 (.FTSE) led losses among regional peers, with export-heavy consumer...
Shares stall as bond markets reprice rate expectations
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, June 5, 2023. REUTERS/StaffEuropean...
Dollar steady as traders consider Fed, global rates outlook
SINGAPORE, June 8 (Reuters) - The dollar was on the back foot on Thursday, though it drew some support from...
World Bank to assess damage after Ukraine dam destruction
WASHINGTON, June 7 (Reuters) - The World Bank will support Ukraine by conducting a rapid assessment of damage and needs...
Bank failures, ‘hard landing’ still top-of-mind for hedge funds
NEW YORK, June 7 (Reuters) - Big U.S. hedge fund and family office investors on Wednesday cautioned that despite the U.S. economy showing resilience, a recession and more bank failures remained likely in an environment of persistent inflation.U.S. investor Stanley Druckenmiller, chairman and chief executive officer at Duquesne Family Office, said he still expected a hard landing for the U.S. economy - a scenario where the Federal Reserve's rate-hiking pushes the economy into a recession."I think the probabilities would suggest that Silicon Valley Bank, Bed Bath & Beyond, they're probably...