Venezuela arrests former oil minister Tellechea

CARACAS (Reuters) -Venezuelan authorities have arrested former industry and oil minister Pedro Tellechea, Attorney General Tarek Saab said on Monday, the latest high-profile detention connected to management of Venezuela’s sanctioned…

Dollar climbs with US rates on economic outlook

By Chuck Mikolajczak NEW YORK (Reuters) – The dollar climbed on Monday, buoyed by a rise in U.S. bond yields, as solid U.S. economic data suggested the Federal Reserve can…

US lawmakers question oil service company’s SLB’s exception to Russian sanctions

By Timothy Gardner WASHINGTON (Reuters) – Dozens of U.S. Representatives from both political parties urged the Biden administration to toughen sanctions on Russian oil shipments and questioned an exception issued…

Tokenisation of Money: BIS Analyses Challenges and Opportunities for Central Banks

A report published today (Monday) by the Bank for International Settlements (BIS) outlines the potential implications of money tokenisation for central banks. The report, prepared for the G20, is titled…

Oil prices gain, recouping some of last week’s 7% loss

By Arathy Somasekhar HOUSTON (Reuters) -Oil prices rose on Monday, recouping some of last week’s more than 7% decline, with no let up of fighting in the Middle East and…

Saxo Bank Draws Acquisition Bids from Major Investors, Including Interactive Brokers

Saxo Bank, the Danish trading platform, is now the center of potential acquisition talks. The acquisition has attracted interest from major investors, including Altor Equity Partners, Centerbridge Partners, and Interactive…

Venezuela arrests former industry, oil minister Tellechea

CARACAS (Reuters) – Venezuelan authorities have arrested former industry and oil minister Pedro Tellechea, attorney general Tarek Saab said on Monday, citing the alleged commission of “grave crimes against the…

Tezos (XTZ) price forecast for 2024, 2025-2030, and beyond

Tezos (XTZ) stands out in the crypto world with its unique self-amending blockchain and a strong focus on community governance. The platform’s adaptability and innovative approach to smart contracts and…

Forex Trading After Hours: Proven Strategies for Night Traders

Forex trading operates 24 hours a day, offering an ideal opportunity for night traders. The global market’s round-the-clock schedule means trading is possible outside of standard hours, often referred to…

Real-Time Payments to Boost Global GDP by 74% in Five Years

Real-time payments are now an important driver of global economic growth. According to the latest research, these instant transactions could increase global GDP by $285.8 billion by 2028 and create…