Genesis crypto lending unit files for bankruptcy in the US

Genesis crypto lending unit files for bankruptcy in the US

Jan 20 (Reuters) – The loan unit of crypto firm Genesis filed for bankruptcy protection in the United States on Thursday, owing its creditors at least $3.4 billion after being knocked down by a rout of the market with FTX exchange and lender BlockFi. Genesis Global Capital, a leading crypto lender, froze client redemptions on … Read more

Australian park rangers say ‘Toadzilla’ could be the biggest toad in the world

Australian park rangers say ‘Toadzilla’ could be the biggest toad in the world

SYDNEY, Jan 20 (Reuters) – Australian rangers believe they have stumbled upon a record-breaking cane toad deep in a rainforest. Nicknamed ‘Toadzilla’, the cane toad, an invasive species that poses a threat to Australia’s ecosystem, was spotted by ‘shocked’ ranger Kylee Gray while on patrol in Conway National Park, Australia. State of Queensland, January 12. … Read more

Stocks Rise, Yen Climbs as BOJ Fights Bond Bears

Stocks Rise, Yen Climbs as BOJ Fights Bond Bears

BOJ under heavy pressure as it defends yield policy Yen hits 7-month high, yuan climbs as dollar eases More profits to come, many central bank speakers Britain’s FTSE flirts with a record SYDNEY/LONDON, Jan 16 (Reuters) – Stocks firmed on Monday as optimism over corporate earnings and the reopening of China feared the Bank of … Read more

A year after the volcanic explosion, many reefs in Tonga have gone silent

A year after the volcanic explosion, many reefs in Tonga have gone silent

Jan 15 (Reuters) – A year after a massive underwater volcano erupted in the South Pacific, the island nation of Tonga is still dealing with damage to its coastal waters. When Hunga-Tonga-Hunga Ha’apai erupted, it sent shockwaves around the world, produced a plume of water and ash that soared higher into the atmosphere than any … Read more

US lends $700 million to Ioneer for Nevada lithium mine

US lends 0 million to Ioneer for Nevada lithium mine

WASHINGTON, Jan 13 (Reuters) – The U.S. Department of Energy said on Friday it would lend ioneer Ltd (INR.AX) up to $700 million to build its Rhyolite Ridge lithium mining project in Nevada, a major step forward in President Joe Biden’s plan. develop a domestic supply chain of electric vehicles. Shares of Ioneer rose 16.3% … Read more

Tesla extends price cuts in US and Europe to boost demand

Tesla extends price cuts in US and Europe to boost demand

Tesla cuts prices in the US and Europe by up to 20% Steady cost inflation behind German cuts – spokesperson Stocks fall in pre-market US trading The move follows price cuts in Asia last week. Some models now benefit from US credits, French subsidy Jan 13 (Reuters) – Tesla (TSLA.O) has cut prices for its … Read more

Goldman job cuts hit investment banking and global markets hard

Goldman job cuts hit investment banking and global markets hard

Massive layoffs and spending review for the Wall Street giant Cups in all major divisions expected, globally Asian wealth unit restructuring kicks off Wednesday layoffs NEW YORK/LONDON/HONG KONG, Jan 12 (Reuters) – Goldman Sachs (GS.N) began laying off staff on Wednesday as part of a sweeping cost-cutting campaign, with around a third of those affected … Read more