Crypto lender BlockFi files for bankruptcy as FTX ripple effect spreads

Filing follows weeks after FTX collapse FTX listed as BlockFi’s No.2 creditor Bitcoin down over 70% from 2021 peak Nov 28 (Reuters) – Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest crypto casualty following the spectacular collapse of the FTX exchange earlier this month. The filing in … Read more

Taylor Swift dominates again at American Music Awards

LOS ANGELES, Nov 20 (Reuters) – Superstar singer and songwriter Taylor Swift won all six trophies she was contending for on Sunday at the American Music Awards, including the night’s top prize: artist of the year. The new AMA accolades lifted Swift’s lifetime total to 40, breaking her own record for most wins at the … Read more

TSMC planning advanced chip production in Arizona, says company’s founder

TAIPEI, Nov 21 (Reuters) – Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the US state of Arizona but the plans are not completely finalized yet, the company’s founder Morris Chang said on Monday. Taiwan Semiconductor Manufacturing Co Ltd (TSMC) (2330.TW), , a major Apple Inc … Read more

Elon Musk says ‘I have too much work on my plate’

NUSA DUA, Indonesia, Nov 14 (Reuters) – Billionaire Elon Musk said on Monday he was working “at the absolute most amount…from morning til night, seven days a week” when asked about his recent acquisition of Twitter and his leadership of automaker Tesla Inc (TSLA.O). “I have too much work on my plate that is for … Read more

BP joins rivals with bumper $8.2 bln profit

Natural gas trading boosts profit BP to buy back another $2.5 bln in shares US President Biden has urged sector to stop “war profiteering” LONDON, Nov 1 (Reuters) – BP (BP.L) more than doubled its third-quarter profit from a year earlier to $8.15 billion and expanded its share buybacks by $2.5 billion, joining rivals in … Read more

Apple earnings rise as economic gloom hits tech

Oct 27 (Reuters) – Apple Inc (AAPL.O) on Thursday reported revenue and profit that topped Wall Street targets, one of the few bright spots in a tech sector battered by spending cutbacks due to inflation. The forecast for the holiday quarter was more grim. While not providing specific numbers, Apple said revenue growth would fall … Read more

Elnaz Rekabi: Fans cheer, clap as climber returns to Iran

DUBAI, Oct 19 (Reuters) – Iranian climber Elnaz Rekabi, who caused controversy by competing in an international contest without a headscarf, has returned to Iran to cheering supporters, reiterating in comments to state media she had climbed without a hijab unintentionally. Footage had shown Rekabi, 33, scaling a wall without her head covered while representing … Read more

France orders fuel depot strikers back to work, union vows to challenge it

Government requisitioning staff at Esso France depot CGT union says will challenge requisition in court France not ruling out staff requisitions at Total Dunkirk Government says strike ‘unbearable’ for consumers PARIS, Oct 12 (Reuters) – France on Wednesday ordered some staff at an Exxon Mobil fuel depot back to work and warned a TotalEnergies depot … Read more

France orders some fuel staff back to work to tackle refineries strike

PARIS, Oct 11 (Reuters) – The French government on Tuesday said it would requisition staff at some petrol depots as it battles to secure petrol supplies following weeks-long strikes, putting it on a collision course with the hardline CGT union as social tensions rise . After shying away at first from interfering in labor disputes … Read more

Meta’s new Quest Pro headset, mixing real and virtual worlds, makes debut

Oct 11 (Reuters) – Meta Platforms (META.O) unveiled its Quest Pro virtual and mixed reality headset on Tuesday, marking a milestone for Chief Executive Mark Zuckerberg’s break into the higher-end market for extended reality computing devices. The headset, introduced at Meta’s annual Connect conference, will hit shelves on Oct. 25 at a price of $1,500, … Read more