Yahoo Finance Plus U.K. High Court Judge Martin Chamberlain has ruled that Craig Wright, the Australian scientist who claims to be Bitcoin inventor Satoshi Nakamoto, advanced false evidence in his defamation case against Peter McCormack. The judge awarded Wright only nominal damages of one British pound. Law firm Anderson Kill Partner Preston Byrne discusses the key takeaways and next steps.
(Bloomberg) -- US central bankers offered divergent signals over the size of the next interest-rate hike, with St. Louis’s James Bullard urging another 75 basis-point move while Kansas City’s Esther George struck a more cautious tone.Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesCovid’s Harmful Effects on the Brain Reverberate Years LaterBiden Called Cheney After Her Loss to Trump-Backed ChallengerXi and Putin to Attend G-20 Summit in Indonesia, Jokow
A powerful engine of global growth is sputtering, and the economic cooperation that underpinned the U.S.-China relationship is at risk. How to invest now.
(Bloomberg) -- China lashed out at a $52 billion program to expand American chipmaking, saying the landmark blueprint contains elements that violate fair market principles and targets Beijing’s own efforts to build a semiconductor industry.Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesBiden Called Cheney After Her Loss to Trump-Backed ChallengerLiz Cheney Prepares for Next Act in GOP Where Trump Holds SwayBill Gates and the Secret Push to Save Biden’s
Two Federal Reserve officials offer slightly divergent views on the pace of futures rate hikes from the central bank.
Despite the recent drop in crude prices and base metals, Wall Street thinks that another rally in commodities is likely, and it will happen before we hit the New Year
Record-breaking gloom grips Britain ahead of 'nightmare' winter How the Bank of England failed to keep pace with inflation – according to its former policymakers FTSE 100 opens 0.3pc lower Ambrose Evans-Pritchard: Britain’s path to economic and national renewal is the genome revolution Sign up here for our daily business briefing newsletter
Iraq’s caretaker prime minister called a meeting of senior political leaders and party representatives Wednesday, seeking a way out of a monthslong crisis amid a power struggle between rival Shiite blocs. The absence of al-Sadr's bloc effectively undermined Caretaker Prime Minister Mustafa Al-Kadhimi's effort to resolve the 10-month crisis. Al-Sadr and his political rivals, the Iran-backed Shiite groups, have been at odds since after last year's parliamentary elections.
The White House’s top economic adviser defended restrictions placed on the Inflation Reduction Act’s key tax credits, intended to accelerate electric vehicle adoption.
Here's what to know about income caps, sticker-price limits, and rules around final assembly in North America.
House Republican Leader Kevin McCarthy's office defended the representative's leadership after outgoing Wyoming Rep. Liz Cheney said McCarthy was unfit for the role.
(Reuters) -A state of Michigan lawsuit that aims to force Enbridge Inc to stop operating the Line 5 oil pipeline underneath the Straits of Mackinac in the Great Lakes will be heard in federal court, a judge ruled on Thursday. The decision from Judge Janet Neff is a win for Calgary-based Enbridge. The Canadian pipeline company has been locked long-running dispute with Michigan over Line 5, which ships 540,000 barrels per day of crude and refined products from Superior, Wisconsin, to Sarnia, Ontario.
(Bloomberg) -- Japan’s inflation accelerated further beyond the central bank’s 2% target in July, complicating Bank of Japan Governor Haruhiko Kuroda’s task of explaining his insistence on the continued need for ultra-low rates.Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesCovid’s Harmful Effects on the Brain Reverberate Years LaterXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysBiden Called Cheney After Her Loss to Trump-Backed Challenger
As of mid-August, the Armed Forces of Ukraine control 45% of Donetsk Oblast, head of Donetsk regional military organization Pavlo Kyrylenko said in an interview with Ukrainian news agency UNIAN on Aug 16.
(Bloomberg) -- Turkish President Recep Tayyip Erdogan said talks in Lviv, western Ukraine, with United Nations Secretary General Antonio Guterres and Ukraine President Volodymyr Zelenskiy focused on how to “ultimately end” the nearly six-month-old conflict. Erdogan said he would evaluate the meeting with Russian President Vladimir Putin. Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesCovid’s Harmful Effects on the Brain Reverberate Years LaterBiden Cal
The Biden administration is planning for an end to its practice of paying for Covid-19 shots and treatments, shifting more control of pricing and coverage to the healthcare industry in ways that could generate sales for companies—and costs for consumers—for years to come. The Department of Health and Human Services intends to hold a planning session on Aug. 30 that would bring together representatives from drugmakers, pharmacies and state health departments with a stake in a Covid-19 treatment industry. Both the Trump and Biden administrations always planned to shift the bill for Covid-19 shots and treatments from the federal government to individuals eventually.
The U.S. leading index fell by 0.4% in July to mark the fifth decline in a row, reflecting a slowdown in the economy tied to rising interest rates and pessimism among consumers.
(Bloomberg) -- Indonesia may impose a tax on nickel exports this year, President Joko Widodo said, as the biggest producer of the electric-vehicle battery metal looks to refine more at home.Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesCovid’s Harmful Effects on the Brain Reverberate Years LaterXi and Putin to Attend G-20 Summit in Indonesia, Jokowi SaysBiden Called Cheney After Her Loss to Trump-Backed ChallengerAfter 2,240% Run, Tesla Visionary Leav
Locals of two southern Russian villages Timonovo and Soloti in Belgorod evacauted to safety
In an interview with NV Ukrainian journalist Yurii Larin talks about the mood in Kharkiv after the single deadliest Russian attack against the city on Aug. 18.
An alleged Time cover has been shared on social media showing Kenyan veteran politician Raila Odinga alongside the caption "The man who will never be president”. The picture emerged after he lost the presidential race against key rival William Ruto this week. But the photo is fake: the US publication confirmed the cover page was fabricated. The magazine's archives show Odinga has never been featured on its cover. AFP Fact Check found the image was shared by a former aide who fell out with Odinga
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