FTX wanted to let investors borrow to trade derivatives: CFTC head

FTX wanted to let investors borrow to trade derivatives: CFTC head

Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, at the Bitcoin 2021 conference in Miami, Florida, on June 5, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Sam Bankman-Fried, co-founder of bankrupt crypto firm FTX, spent almost a year trying to convince regulators to let him introduce a derivatives product that would allow retail investors … Read more

Beyoncé Officially Removes Kelis’ Sample Off Renaissance Album; Monica Lewinsky Calls for Similar Move in 2013 Song

Beyoncé Officially Removes Kelis' Sample Off Renaissance Album;  Monica Lewinsky Calls for Similar Move in 2013 Song

Beyoncé attends the premiere of Disney’s “The Lion King” at Dolby Theater on July 09, 2019 in Hollywood, California.Photo: Kevin Winter (Getty Images) last week, we told you about how “Bossy” singer Kelis called out Beyonce and former music manager Pharrell Williams for interpolating her 2003 hit song “Milkshake” on Bey’s newly-released Renaissance album without … Read more

Oil major BP earnings Q2 2022

Oil major BP earnings Q2 2022

At BP gas station in Madrid, Spain. Sopa Pictures | light rocket | Getty Images LONDON — UK oil giant BP on Tuesday reported bumper second-quarter profits, benefitting from a surge in commodity prices. The British energy major posted second-quarter underlying replacement cost profit, used as a proxy for net profit, of $8.5 billion. That … Read more

Manchin touts inflation reduction bill, says ‘I’m not getting involved’ in upcoming elections

Manchin touts inflation reduction bill, says 'I'm not getting involved' in upcoming elections

Sen. Joe Manchin in the US Capitol on Tuesday, June 14, 2022. Sen. Joe Manchin, DW.Va., and his staff told Democratic leadership on Thursday that he’s not willing to support major climate and tax provisions in a sweeping Biden agenda bill, according to a Democrat briefed on the conversations. tom williams | Cq-roll Call, Inc. … Read more

Schumer-Manchin reconciliation bill: Climate change provisions

Schumer-Manchin reconciliation bill: Climate change provisions

Senator Joe Manchin (D-WV) exits the US Capitol following a vote, on Capitol Hill in Washington, February 9, 2022. Tom Brenner | Reuters Senate Majority Leader Chuck Schumer, DN.Y., and Sen. Joe Manchin, DW.V., on Wednesday unveiled a long-anticipated reconciliation package that would invest hundreds of billions of dollars to combat climate change and advance … Read more

Russia cuts gas flows further as Europe urges energy saving

Russia cuts gas flows further as Europe urges energy saving

Pipes at the landfall facilities of the Nord Stream 1 gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke/ Register now for FREE unlimited access to Reuters.com Register FRANKFURT/LONDON, July 27 (Reuters) – Russia delivered less gas to Europe on Wednesday in a further escalation of an energy stand-off between Moscow and … Read more

Europe agrees compromised gas curbs as Russia squeezes supply

Europe agrees compromised gas curbs as Russia squeezes supply

Model of natural gas pipeline, EU and Russia flags, July 18, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register EU ministers agree to emergency gas use cuts Voluntary cuts would become binding in supply emergency Final deal exempts numerous countries, industries EU racing to save gas as Russia slashes supply BRUSSELS, … Read more

Russian gas cut to Europe hits economic hopes after Ukraine grain deal

Russian gas cut to Europe hits economic hopes after Ukraine grain deal

Gazprom says turbine halt will further cut gas to Germany United Nations hopes for grain exports in days US exploring overland routes after Russian strike KYIV, July 26 (Reuters) – Russia said it will cut gas supplies to Europe from Wednesday in a blow to countries that have supported Ukraine, just as there were hopes … Read more

Russia’s Gazprom tightens squeeze on gas flow to Europe

Russia's Gazprom tightens squeeze on gas flow to Europe

This content was produced in Russia, where the law restricts coverage of Russian military operations in Ukraine. MOSCOW, July 25 (Reuters) – Russia tightened its gas squeeze on Europe on Monday as Gazprom (GAZP.MM) said supplies through the Nord Stream 1 pipeline to Germany would drop to just 20% of capacity. Gazprom said flows would … Read more

Europe races to cut Russian gas usage amid new Putin warning

Europe races to cut Russian gas usage amid new Putin warning

Nord Stream 1 pipeline out of action for maintenance Pipeline due to resume pumping on Thursday EU says states must act now to reduce gas consumption Germany, others have rationing and other plans in place BRUSSELS/LONDON, July 20 (Reuters) – The European Union will set out emergency plans on Wednesday to curb gas usage after … Read more