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Business - Page 2

Business/Crypto/Latest News/Tech

Ether Faces Further Downside With Sub-$3k Target as Institutional Outflows Mount

Ether (ETH) has seen its value slide sharply in recent weeks, falling around 14% over the past month to trade near $3,724 on Monday after dipping below the $4,000 mark. Technical patterns

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by Robert Fowler
November 3, 2025November 3, 2025
Business/Crypto/Latest News/Tech

Coinbase Eyes $2 Billion London Start-Up Acquisition as Stablecoin Momentum Builds

Coinbase Global Inc., the world’s third-largest cryptocurrency exchange, is preparing to deepen its involvement in the stablecoin ecosystem with a potential $2 billion acquisition of BVNK, a London-based startup specializing in stablecoin

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by David Shepardson
November 3, 2025November 3, 2025
Business/Crypto/Latest News/Tech

FTX Creditors Face Lower Real Recoveries Despite Fiat Repayments

FTX creditors may receive significantly less than initially expected once payouts are adjusted to reflect the current crypto market valuations, according to Sunil, a well-known FTX creditor representative. In a recent X

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by Mary Davenport
November 2, 2025November 2, 2025
Business/International/Latest News

OPEC+ Expected to Approve 137,000/BPD Oil Output Increase Next Month

OPEC+ members are expected to agree on another modest increase in oil production targets for December as the group seeks to balance market share gains against growing fears of a supply glut.

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by Robert Fowler
November 1, 2025November 1, 2025
Business/Crypto/Latest News/Tech

US Suspends China Tech Restrictions Amid Trade Easing, But Crypto Concerns Persist

The United States Treasury announced on Thursday that it would suspend restrictions designed to limit Chinese firms’ access to sensitive American technology. According to Treasury Secretary Scott Bessent, the decision was made

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by David Shepardson
October 31, 2025October 31, 2025
Business/International/Latest News

Oil Prices Hold Steady Around $65/Barrel as Markets Await U.S.-China Trade Talks

Oil prices steadied on Thursday, holding most of the gains from the previous session as investors turned their attention to an anticipated meeting between the leaders of the United States and China.

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by David Shepardson
October 30, 2025October 30, 2025
Business/Crypto/Latest News/Tech

Norway Tax Returns Show 30% Jump in Reported Cryptocurrency Holdings

The Norwegian Tax Administration has reported a sharp increase in the number of citizens declaring cryptocurrency holdings in their 2024 tax returns. According to the agency’s Tuesday announcement, more than 73,000 people

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by Robert Fowler
October 29, 2025October 29, 2025
Business/International/Latest News

UnitedHealth Bets on Veteran CEO to Steer Recovery With $85mn Deal

UnitedHealth Group is counting on the leadership of Stephen Hemsley to restore investor confidence after a turbulent year that saw the company miss earnings estimates for the first time since 2008. Hemsley,

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by David Shepardson
October 28, 2025October 28, 2025
Business/Crypto/Latest News/Tech

Crypto Markets Surge as U.S. and China Reach Trade Framework Amid De-Escalation

U.S. Treasury Secretary Scott Bessent announced Sunday that the United States and China have made “substantial” progress on a trade framework that could ease tariffs and reignite global market optimism. Bessent said

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by David Shepardson
October 26, 2025October 26, 2025
Business/International/Latest News/Tech

Porsche Faces Deepening Crisis as it Reports $1.1bn Loss Amid Tariffs and EV Slowdown

Porsche AG posted a larger-than-expected operating loss in the third quarter, plunging the luxury carmaker into deeper financial trouble amid U.S. tariffs, weakening Chinese demand, and challenges in its electric vehicle (EV)

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by David Shepardson
October 26, 2025October 26, 2025
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