Economy

Economy News

Grayscale launches ad campaign ahead of SEC’s Bitcoin Trust ETF decision

Grayscale Investments is pushing to convert the world’s largest publicly traded bitcoin fund into an ETF as a July 6 deadline looms for the Securities and Exchange Commission (SEC) to.

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Economy News

U.S., Japan, Australia, and India to launch tracking system to monitor illegal fishing by China- FT

(Reuters) – U.S., Japan, Australia, and India will unveil a maritime initiative at the Quad summit in Tokyo to curb illegal fishing in the Indo-Pacific, the Financial Times reported on.

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Economy News

Grayscale launches ad campaign ahead of SEC’s Bitcoin Trust ETF decision

Grayscale Investments is pushing to convert the world’s largest publicly traded bitcoin fund into an ETF as a July 6 deadline looms for the Securities and Exchange Commission (SEC) to.

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Economy News

Global leaders warn of economic dangers as crises multiply

At the G-7 conference in Germany, finance ministers wrestle with stagflation, energy shocks, food shortages and debt crises BONN, Germany — The financial leaders of the world’s most powerful countries.

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Economy News

U.S. dollar net long bets slip, bitcoin futures surge-CFTC, Reuters data

NEW YORK (Reuters) – Speculators’ net long positioning on the U.S. dollar slipped, after hitting their highest level since late November in the previous week, according to calculations by Reuters.

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Economy News

Lebanon recovery plan includes central bank debt write-off, haircuts to depositors

By Maya Gebeily, Timour Azhari and Laila Bassam (Reuters) – Lebanon’s government foresees cancelling “a large part” of the central bank’s foreign currency obligations to commercial banks and dissolving non-viable.

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Economy News

U.S. Justice Department releases $5 million for hotlines to report hate crimes

WASHINGTON (Reuters) – The U.S. Justice Department will release $5 million for states to establish hotlines to report hate crime, U.S. Attorney General Merrick Garland said on Friday, as a.

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Economy News

Thousands queue for petrol, gas in Sri Lanka amid warnings of food shortages

By Devjyot Ghoshal and Uditha Jayasinghe COLOMBO (Reuters) – Thousands of people queued for cooking gas and petrol in Sri Lanka’s commercial capital on Friday and Prime Minister Ranil Wickremesinghe.

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Business Economy News

UK retail sales jump unexpectedly, but big picture bleak

By Andy Bruce LONDON (Reuters) – British retail sales jumped unexpectedly in April as shoppers loaded up on alcohol and tobacco, likely a blip in an otherwise bleak trend that.

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Economy News

Zurich Insurance to exit Russian market, sell business to local team

ZURICH (Reuters) -Zurich Insurance has agreed to sell its Russian business to members of the local team, it said on Friday, as the Swiss insurer became the latest company to.

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