(Reuters) -Oil prices fell more than 1% on Wednesday on persistent concern over Chinese demand and elevated risks of a broader slowdown, though the decline was capped by potential supply losses from the Middle East and Libya. Brent crude futures were down $1.15, or 1.45%, at $78.40 a barrel by 1200 GMT. U.S. West Texas Intermediate crude futures fell $1.20, or 1.6%, to $74.33.
Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.
(Bloomberg) -- Weak Chinese demand is depressing the global steel market, but Vladimir Putin’s war economy has made Russia a striking exception.Most Read from BloombergNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherChicago Overcomes DNC Skeptics With Calm, Parties and SunThe Kremlin’s invasion of Ukraine has stimulated the Russian economy, driving up residential construction and spurring infrastructure spending. That’s buoying the country’s steel industry, while markets in Eur
The latest price moves in crypto markets in context for Aug. 28, 2024.
The report, commissioned by OKX, shows that a growing number of institutional investors are examining new digital asset products for their portfolio
(Bloomberg) -- An abandoned oil tanker attacked in the Red Sea by Iran-backed Houthi rebels a week ago appears to be burning and leaking, raising the specter of environmental disaster, a Pentagon spokesman said on Tuesday.Most Read from BloombergNazi Bunker’s Leafy Makeover Turns Ugly Past Into Urban EyecatcherChicago Overcomes DNC Skeptics With Calm, Parties and SunThe comments are the latest to underscore what the European Union’s navy in the region described as an imminent environmental hazar
HSBC bank completed three proof of concepts in Hong Kong's Project Ensemble sandbox.
