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Bitcoin nears MicroStrategy ‘margin call’ price
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China set to keep medium-term rate unchanged on Wednesday, poll shows
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Swiss National Bank to leave rates steady in June, raise 25 bps in Sept- Reuters poll
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Norway government secures backing for revised 2022 spending plan
N.Irish businesses urge UK against potentially damaging unilateral plans
Date: June 14, 2022
By Amanda Ferguson BELFAST (Reuters) – Northern Irish businesses urged Britain to tackle disruption to post-Brexit trade through negotiations with the European Union rather than pursuing unilateral plans published on Monday that some sectors said would leave them worse off. London has pledged to implement the legislation overriding some post-Brexit trade rules for the British-run...
TotalEnergies to buy 25% stake in India’s Adani New Industries in green push
Date: June 14, 2022
By Sudip Kar-Gupta and Nidhi Verma PARIS/NEW DELHI (Reuters) – French energy major TotalEnergies will buy a 25% stake in Adani New Industries Ltd (ANIL), as part of a deal with Adani Enterprises Ltd to develop the world’s biggest green hydrogen ecosystem, the companies said on Tuesday. India, the world’s third-biggest emitter of carbon dioxide,...
Moscow Exchange suspends Swiss franc trading after new sanctions
Date: June 14, 2022
(Reuters) – The Moscow Exchange said it would suspend trading of the Swiss franc against the rouble and the U.S. dollar from Tuesday after Switzerland adopted new EU sanctions against Russia. The Moscow Exchange, Russia’s largest bourse, said it was having difficulty conducting transactions in the Swiss currency as a result of new trading restrictions...
Cryptoverse: The funds making moolah from messy markets
Date: June 14, 2022
By Lisa Pauline Mattackal and Medha Singh (Reuters) – The crypto market’s a hot mess, leaving many investors struggling to turn a buck. Enter the arbitrageurs. Bitcoin and other cryptocurrencies have either been shackled to ranges or in decline since January, leaving your regular buy-and-hold investor with little option but to sell or to wait...
French Finance Minister: rising U.S. bond yields show that ‘era of cost-free money is over’
Date: June 14, 2022
PARIS (Reuters) – French Finance Minister Bruno Le Maire told France 2 television on Tuesday that the rise in U.S. bond yields showed that the “era of cost-free money” was over. Le Maire added it wold cost France several billion euros to pay back its debt to the market, which showed that importance of sticking...
Exclusive-Google, Facebook, Twitter to tackle deepfakes or risk EU fines – document
Date: June 13, 2022
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet Inc unit Google, Facebook Inc, Twitter Inc and other tech companies will have to take measures to counter deepfakes and fake accounts on their platforms or risk hefty fines under an updated European Union code of practice, according to an EU document seen by Reuters. The European Commission...