By Joe Bavier and Boureima Balima JOHANNESBURG/NIAMEY (Reuters) – Days after Burkina Faso, Mali and Niger announced last month they were quitting the West Africa political union ECOWAS, Burkina Faso’s military ruler Ibrahim Traore was already naming his next target: the region’s CFA franc currency. “It’s not just the currency.…

Last updated: February 24, 2024 01:26 EST | 2 min read DePIN is taking off in a big way, and GameFi looks like the next breakthrough narrative. The rush has started to find the best cryptocurrencies to buy in these verticals, and everyone knows that in the bull market, narratives…

The Federal Reserve’s pushback on expectations for interest-rate cuts over the past two weeks has investors closing watching inflation data and piling more cash into money-market funds.Investors stashed a record $6.48 trillion away in U.S. money-market funds through the end of January, with the balance growing as euphoria in December…

© Reuters. Reinsurance Group of America (NYSE:) has reported a robust performance for the fourth quarter of 2023, with adjusted operating earnings of $4.73 per share and $19.88 per share for the full year. The company’s adjusted operating return on equity (ROE) stood at an impressive 14.4% for the year,…

By Stephanie Kelly NEW YORK (Reuters) -Oil prices fell over 2% on Thursday after unsubstantiated reports of a ceasefire between Israel and Hamas and after a power outage forced a large U.S. refinery to shut. A Qatari official told Reuters there was no ceasefire yet, but repeated that Hamas had…

Investing.com– Most Asian currencies weakened on Tuesday, while the dollar firmed as markets hunkered down before key U.S. inflation data that is widely expected to factor into the path of interest rates.  The inflation data comes after a chorus of Federal Reserve officials warned that the central bank was in…

Last updated: February 23, 2024 04:18 EST | 3 min read Source: Midjourney Venture capitalists are warming up to funding blockchain and crypto projects, ready to fuel the next wave of innovations.After two years of hardship, crypto entrepreneurs are now seeing a potential shift in fortunes, with Bitcoin’s surge of…

U.S. oil futures stretched their gains into a sixth consecutive session on Monday, with prices settling at their highest for the month so far, while global benchmark Brent crude finished with a modest loss. The mixed trading for oil prices came as traders continued to weigh global demand expectations and…

© Reuters. Banco de Chile (BCH) has reported a successful financial performance for the fourth quarter and the full year of 2023, despite a challenging economic environment. The bank announced a net income of CLP 1.2 trillion ($1.7 billion) for the year, with a notable return on equity (ROE) of…

Investing.com — Oil prices fell Thursday, but traders had to contend with wild swings amid conflicting reports on the progress toward an extended Israel-Hamas ceasefire that may likely ease geopolitical tensions and concerns about a supply disruptions.   By 14:30 ET (19.30 GMT), the futures settled 2.5% lower at $73.98 a barrel…