© Reuters. FILE PHOTO: People walk past a booth of Zeekr, Chinese automaker Geely’s premium electric vehicle (EV) brand, at a shopping mall in Beijing, China November 3, 2023. REUTERS/Tingshu Wang/File Photo SHANGHAI (Reuters) -Zeekr, Chinese automaker Geely’s premium electric car brand, will this week publicly release some details of…

Investing.com — Oil prices rose Monday, rebounding after last week’s hefty losses on the expectation of a tight supply situation for the rest of the year after a couple of major producers reaffirmed their commitment to extra voluntary output cuts. New York-traded , or WTI, crude for December delivery, settled…

Asian currencies, including the Indian rupee, saw a significant upswing on Wednesday as U.S. consumer price data released the previous day fueled market expectations for a potential Federal Reserve interest rate cut by May 2024. The unchanged consumer prices and the smallest annual rise in underlying inflation in two years…

Binance Logo / Source: Adobe The US Department of Justice (DoJ) is seeking a settlement of more than $4 billion from the world’s largest crypto exchange Binance as a proposed resolution to a yearlong investigation into the exchange, Bloomberg reported on Monday citing people familiar with discussions. Cryptocurrency markets initially…

The Federal Reserve continues to believe that wage growth in the US is too high and contributing to inflation, according to Fed chair Jerome Powell. The Employment Cost Index (ECI), the most commonly watched measure of labor costs to employers, rose 4.3 percent last quarter and 4.4 percent over the…

Microsoft is going all-in on generative artificial intelligence—and it seems convinced that is exactly what customers want. On Wednesday, the software giant is kicking off a two-day conference, called Microsoft Ignite, that features more than 100 product announcements—most of them tied one way or another to AI. Microsoft (ticker: MSFT)…

© Reuters. Today, Sameday, a subsidiary of Dante International operating on the eMAG platform, obtained a EUR 25.3 million loan from Banca Transilvania to expand its easybox locker network. The funding will be used to add an additional 2,500 lockers across Romania, Hungary, and Bulgaria to their existing network of…

By David Shepardson WASHINGTON (Reuters) -Two influential Democratic U.S. senators urged the Energy Department to take steps to boost U.S. battery manufacturing and next-generation battery research, citing China’s dominance and export controls, according to a letter seen by Reuters. Senate Intelligence Committee Chair Mark Warner and Energy Committee Chair Joe…

Citi, a global financial services firm, has announced a partnership with the Monetary Authority of Singapore (MAS) to develop an innovative blockchain-based solution for foreign exchange (FX) transactions. The initiative, part of Project Guardian, aims to enhance the cross-border trading process by providing real-time FX price quotes and recording trade…

Image Source: Pixabay The number of Web3 games on the Solana (SOL) blockchain has grown substantially amid the spike in the network’s native token over the past month.  According to Game7’s 2023 State of Web3 Gaming Report, the number of crypto games on the Epic Games Store has increased from 10…