Five Chinese state-owned companies to delist from NYSE

Five Chinese state-owned companies to delist from NYSE

SHANGHAI/HONG KONG, Aug 12 (Reuters) – Five Chinese state-owned companies, including China Life Insurance (601628.SS) and oil giant Sinopec (600028.SS), said on Friday they would delist from the New York Stock Exchange , in an intensified diplomatic context. and economic tensions with the United States. The companies, which also include Aluminum Corporation of China (Chalco) … Read more

Ethereum Goerli testnet merge goes live before move to proof-of-stake

Ethereum Goerli testnet merge goes live before move to proof-of-stake

Ethereum is the second largest cryptocurrency in the world, and it gives bitcoin a run for its money. Getty Ethereum, the second-largest cryptocurrency by market value, just held a final dress rehearsal ahead of a years-awaited upgrade that has been touted as one of the biggest events in crypto history. . Since its inception nearly … Read more

Wage inflation, used car prices could jump higher: Jim Bianco

Wage inflation, used car prices could jump higher: Jim Bianco

Washington’s efforts to rein in inflation will particularly fail this year, according to market forecaster Jim Bianco. And, he thinks this week’s key inflation data will help prove it. “I don’t see anything that could reduce the rate of inflation. There are some things that could reduce prescription drug prices and maybe a few other … Read more

Oil bounces as China, U.S. data ease recession concerns

Oil bounces as China, U.S. data ease recession concerns

FILE PHOTO – An oilfield worker works on a pump jack at PetroChina’s Daqing oilfield in northeast China’s Heilongjiang province November 5, 2007. REUTERS/Stringer (CHINA) Join now for FREE unlimited access to Reuters.com Register SINGAPORE, Aug 8 (Reuters) – Oil prices rose slightly from multi-month lows on Monday as investor appetite improved on U.S. jobs … Read more

Era of steady growth has ended, but here’s how to prepare

Era of steady growth has ended, but here's how to prepare

BlackRock says global markets have become more volatile and will remain so for some time. The world’s largest asset manager says the era of steady growth and low inflation is over: “We believe that traditional portfolios, hedges and risk models will no longer work.” “The Great Moderation, a long period of steady growth and low … Read more

Celsius withdraws motion to hire CFO back at $92,000 a month

How the fall of Celsius dragged down crypto investors

Celsius on Thursday was sued by former investment manager Jason Stone as pressure continues to mount on the company amid a crash in cryptocurrency prices. Stone alleged, among other things, that Celsius CEO Alex Mashinsky (above) was ‘capable of becoming very rich’. Piaras Ó Midheach | Sportsfile for the Web Summit | Getty Images Struggling … Read more

GE Is Building the Electricity Grid of the Future. Here’s What We Found on a Tour.

GE Is Building the Electricity Grid of the Future. Here’s What We Found on a Tour.

Text size GE wants to be a player in the electricity network of the future. This will benefit his next Vernova activity. Brandon Bell/Getty Images NISKAYUNA, N. Y–In General Electric it is sprawling research center here you’ll find two Nobel Prizes won by GE scientists, Thomas Edison’s office, and ongoing research that could help create … Read more

Brent crude hits pre-Ukraine invasion lows on recession fears

Brent crude hits pre-Ukraine invasion lows on recession fears

FILE PHOTO – A PetroChina worker inspects a pump cylinder at an oilfield in Tacheng, Xinjiang Uyghur Autonomous Region, China June 27, 2018. REUTERS/Stringer AT Join now for FREE unlimited access to Reuters.com Register BoE raises rates and warns of recession risks Saudi Arabia and the United Arab Emirates save their oil firepower in the … Read more

Beyoncé Officially Removes Kelis’ Sample Off Renaissance Album; Monica Lewinsky Calls for Similar Move in 2013 Song

Beyoncé Officially Removes Kelis' Sample Off Renaissance Album; Monica Lewinsky Calls for Similar Move in 2013 Song

Beyoncé attends the premiere of Disney’s ‘The Lion King’ at Dolby Theater on July 09, 2019 in Hollywood, California.Photo: Kevin Winter (Getty Images) Updated 8/4/2022 10:30 a.m. ET: Kelis has responded to the tween of her hit song “Milkshake” being removed from Beyonce’s Renaissance album. Thanks to fans who started commenting on Instagram, Kelis is … Read more

Oil falls to nearly 6-month lows after surprise U.S. crude, gasoline build

Oil falls to nearly 6-month lows after surprise U.S. crude, gasoline build

Sticker reads crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, U.S. November 22, 2019. REUTERS/Angus Mordant Join now for FREE unlimited access to Reuters.com Register U.S. crude and gasoline inventories rise unexpectedly – EIA OPEC+ decides on a small increase of 100,000 bpd in production … Read more