Business News

'Merge' Upgrade Lifts Ethereum; Coin's Dominance in Cryptocurrency Market Rises 20%

Currently, the blockchain is preparing for the Shanghai upgrade. Ethereum anticipates going through the "Surge," "Verge," and "Purge" after the Shanghai upgrade.

Oct 26, 2022

By IANS

Philips to Cut 4,000 Jobs, or 5% of Workforce; Reports Net Loss of $1.31 Billion

The company reported a net loss of 1.33 billion euros ($1.31 billion) compared with a year-ago profit of 2.97 billion euros.

Oct 25, 2022

By IANS

Will Rishi Sunak Turn UK Into Crypto Hub? How New PM, a 'Champion of Fintech', Might Help Industry

Under former Prime Minister Boris Johnson, Sunak had wanted to turn the country into a crypto hub.

Oct 25, 2022

By IBTimes APAC Desk

Permian Basin Natural Gas Prices Edge Closer to Zero as Europe Prices Hover Near $30; Here's Why

Gas produced in the Waha region of the Permian Basin are selling for as little as 20 cents to 70 cents per million British thermal units in comparison with $28 per mmbtu in Europe.

Oct 25, 2022

By Jacob J

Yuan Tumbles and China Stocks Crash as Xi Jinping's Limitless Powers Spook Markets

Offshore yuan weakened 0.7 percent against the US dollar and the Hang Seng China Enterprises Index plummeted more than 5 percent on Monday morning.

Oct 24, 2022

By Jacob J

Crypto Exchange Investors Will Launch NFT Trading Platform Adune.com

Bob Li said Based on Ethereum, Polygon, BSC, etc., Adune focuses on the development of application layers such as transactions, Launchpad etc., hoping to bring better experience and make it easier for crypto freshers

Oct 23, 2022

By IBT Desk

Passengers Who Died in Boeing 737 MAX Crashes are 'Crime Victims', Rules US Judge

Boeing wants Congress to waive a December deadline imposed by the legislation for the FAA to certify the MAX 7 and MAX 10.

Oct 22, 2022

By Reuters

Aminhossein Rad is a pioneer in Middle East's crypto industry

Aminhossein Rad says People have realized the potential of the digital asset space and are taking it as a better investment option than others, and that's the reason this space is seeing an unbelievable spurt

Oct 21, 2022

By IBT Desk

G-7 Price Cap on Russian Crude Will Turn Toothless, New Estimates Show

In a revealing estimate, a US Treasury official told Reuters that Russia could sell as much as 80-90 percent of its crude outside of the price cap mechanism.

Oct 21, 2022

By Jacob J

Green Hydrogen Investment Posts Exponential Growth in Ukraine War Fallout

Since the start of the Ukraine conflict, natural gas prices, a major feedstock for producing fossil fuel-produced hydrogen, has soared by more than 70 per cent.

Oct 20, 2022

By Jacob J

Mostafa Gorji is changing the crypto industry with Crypto Desk

Mostafa Gorji said I consistently demonstrated my knowledge and expertise in cryptocurrency investing specially on my social media account

Oct 20, 2022

By IBT Desk

Israel Ropes in VMware, Fireblocks to Run Pilot Project for Issuing Government Bonds on Blockchain Platform

The pilot issuance of digital government bonds will be conducted by the digital-asset technology companies VMware and Fireblocks.

Oct 20, 2022

By IBTimes APAC Desk

India Now Home to More Than 450 Web3 Startups, 11% of Global Talent

Currently, India is home to over 11 per cent of the global Web3 talent, making the country the third largest Web3 talent pool worldwide.

Oct 19, 2022

By IANS

Danvel Led By Nazar Babenko And Igor Kotov Entered The Top 10 Largest Hedge Funds In The World

LCH gave Lone Pine Capital Stephen Mandel. For the company, this is a great achievement, given that for several years in a row it was barely possible to get into the top twenty

Oct 19, 2022

By IBT Desk

Netflix Shares Zoom as Subscription Outlook Turns Healthy; Q3 Earnings Top Estimates at $7.9 Billion

Netflix's revenue in the third quarter was $7.9 billion, up 6 percent from a year earlier and topping analyst projections.

Oct 19, 2022

By Jacob J

Netflix

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