Author: FX

© Reuters. Ukraine’s President Volodymyr Zelenskiy speaks during a joint news conference with Czech Prime Minister Petr Fiala (not seen), as Russia’s attack on Ukraine continues, in Kyiv, Ukraine October 31, 2022. REUTERS/Viacheslav Ratynskyi (Reuters) – U.S. President Joe Biden does not intend to speak to his Russian counterpart, Vladimir Putin, about ending the Ukraine war as conditions for such discussions currently do not exist, the White House said. DIPLOMACY * The Group of Seven and Australia agreed a $60 per barrel price cap on Russian seaborne after European Union members overcame resistance from Poland and hammered out an agreement.…

Just a month after the controversial fall of Sam Bankman-Fried’s FTX exchange and 130 affiliated companies, a former high-ranking executive is reportedly seeking out investors to launch a crypto startup. The ex-president of FTX US, Brett Harrison, is on the lookout for $6 million in funding to launch a start-up that would build crypto trading software for big investors, according to The Information. Harrison’s funding round would be against a $60 million valuation. Continue Reading on Coin Telegraph Source link

© Reuters By Mike Stone WASHINGTON (Reuters) -Northrop Grumman Corp on Friday rolled out its new B-21 “Raider” jet, the first of a new fleet of long-range stealth nuclear bombers for the United States Air Force. The B-21 was unveiled during a dramatic ceremony at Northrop’s Plant 42 in Palmdale, California, offering members of the public the first look at the new bomber. The B-21, which carries a similar “flying wing” shape to its predecessor, the B-2, will be able to deliver both conventional and nuclear weapons around the world using long-range and mid-air refueling capabilities. The aircraft were projected…

When the BNB Chain-based protocol Ankr was exploited and a hacker dumped Ankr Reward Bearing Staked BNB (aBNBc) tokens, a trader took advantage of the price discrepancies and turned $2,879 into $15.5 million. As previously reported by Cointelegraph, security firm Beosin suggested that the multimillion-dollar exploit may have come from vulnerabilities in the smart contract code and compromised private keys due to a technical upgrade. After the hacker minted and dumped 20 trillion aBNBc tokens, the price of aBNBc significantly dropped. Continue Reading on Coin Telegraph Source link

2/2 © Reuters. FILE PHOTO: Delta Air Lines pilots, represented by the Air Line Pilots Association, protest outside Terminal 4 at JFK International airport in New York City, U.S., June 30, 2022. REUTERS/Shannon Stapleton 2/2 By Rajesh Kumar Singh and David Shepardson CHICAGO (Reuters) – Delta Air Lines (NYSE:) has offered a 34% pay increase to its pilots over three years in a new contract, according to a draft agreement seen by Reuters. The pilots will get a raise of at least 18% raise on the date the contract is signed, another 5% after one year, 4% after two years…

© Reuters. FILE PHOTO: A general view of the Indiana Statehouse shortly before the vote to accept Senate Bill 1, which was passed by the House earlier in the day, making the Indiana legislature the first in the nation to restrict abortions, in Indianapolis, Indiana, (Reuters) – A second Indiana judge on Friday blocked the state from enforcing its law banning most abortions after Jewish, Muslim and other non-Christian women challenged it in a lawsuit. Marion County Superior Court Judge Heather Welch issued a preliminary injunction against the Republican-backed law, which prohibits abortions with limited exceptions for rape, incest, lethal…

GBP/USD – Prices, Charts, and AnalysisAttention is already turning to the mid-December central bank bonanza.Sterling needs to do some work of its own.November NFPs take the edge of GBP/USD. Recommended by Nick Cawley Get Your Free GBP Forecast Most Read: British Pound Latest – GBP/USD Prints a Fresh Multi-Month HighThe financial markets have given UK PM Rishi Sunak a fairly easy start to his time at No.10 so far but with the ghosts of Liz Truss and Kwasi Kwarteng now fully in the past, Sterling is going to need some positive news if it is to continue its recent rally.…

straga/iStock via Getty Images U.S. natural gas futures fell to a two-week low Friday on forecasts for milder weather than previously expected and a delayed restart to the end of the year for the Freeport liquefied natural gas export plant in Texas. Milder weather should allow utilities to leave more gas in storage, with stockpiles currently ~2.5% below the five-year average for this time of year. Front-month Nymex natural gas (NG1:COM) for January delivery settled -6.8% Friday and -14.3% for the week to $6.281/MMBtu. ETFs: (NYSEARCA:UNG), (UGAZF), (BOIL), (KOLD), (UNL), (FCG) Freeport LNG said Friday it expects to restart the…

J2R/iStock Editorial via Getty Images ABB (NYSE:ABB) agreed to pay more than $315M to resolve a multinational investigation into bribery of a high-ranking official at South African state-owned power utility Eskom, the U.S. Department of Justice said Friday. ABB (ABB) bribed the Eskom official during 2014-17 “in order to corruptly obtain confidential information and win lucrative contracts,” the DoJ said. Company subsidiaries also pleaded guilty to one count of conspiracy to violate the anti-bribery provisions of the U.S. Foreign Corrupt Practices Act. The DoJ said its resolution was coordinated with prosecutorial authorities in South Africa and Switzerland, as well as…

The S&P 500 (SP500) on Friday added 1.13% for the week to end at 4,071.70 points, with the benchmark index posting losses in four out of five sessions. The gains for the week were largely thanks to a massive rally on Wednesday which was spurred by Federal Reserve chair Jerome Powell’s comments on slowing rate hikes. The week got off to a negative start over concerns on China’s zero-COVID-19 policies and protests against them. By mid-week, the focus had turned to Powell, who in a speech all but confirmed that rate hikes would slow down starting from the central bank’s…