Citigroup’s findings show that restructuring has its costs

The Citi bank logo is pictured in an exhibition hall in Bangkok, Thailand on May 12, 2016. REUTERS / Athit Perawongmetha Register now for FREE unlimited access to Reuters.com Sign in Jan 14 (Reuters) – Citigroup Inc (CN) showed some of the financial bruises needed for its current restructuring, posting a 26% drop in fourth-quarter … Read more

Asian equities, dollar hunt as investors watch Fed policy

Pedestrians wearing face masks walk near an overpass with an electronic card showing stock information, following a coronavirus disease (COVID-19) outbreak, in Lujiazui Financial District in Shanghai, China, 17 March 2020. REUTERS / Aly Song Register now for FREE unlimited access to Reuters.com Sign in Asian equity markets: Nikkei down 0.9%, trading resumes after the … Read more

Equities fall further as the rise in US yield unnerves investors

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, USA, January 10, 2022. REUTERS / Brendan McDermid Register now for FREE unlimited access to Reuters.com Sign in Global equities stumble as the more aggressive Fed is squinting 10-year US Treasury yield hits 1.8% Dollar stuck in range despite … Read more

The power of the Bitcoin network collapses as Kazakhstan’s crackdown hits cryptocurrency miners

Bitcoin’s “hashrate” drops after internet shuts down in Kazakhstan Country that accounted for 18% of bitcoin’s global output power in August The share has risen sharply after China’s crackdown Kazakhstan shuts down the internet after deadly protests LONDON, Jan. 6 (Reuters) – The bitcoin network’s global computing power dropped dramatically when Kazakhstan’s internet shutdown this … Read more

Wall Street will find ways to satisfy cryptocurrency envy

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, United States, July 19, 2021. REUTERS / Andrew Kelly – RC2UNO93ID0I Register now for FREE unlimited access to Reuters.com Sign in WASHINGTON, Jan.2 (Reuters Breakingviews) – Banks are preparing to enter the cryptocurrency craze … Read more

The EU proposes a plan to label gas and nuclear investments green

Steam rises from the cooling towers of the Electricite de France (EDF) nuclear power plant in Belleville-sur-Loire, France, 12 October 2021. REUTERS / Benoit Tessier Register now for FREE unlimited access to Reuters.com Sign in European Commission that develops rules for green investments The draft proposal labels nuclear, some gas plants as green Countries disagree … Read more