News
Important Only
Oil set for third straight weekly gain on winter fuel demand
Jan 10 (Reuters) - Oil prices rose in early Asian trade and were on track for a third straight week of gains with icy conditions in parts of the United States and Europe driving up fuel demand for heating.Brent crude futures LCOc1 climbed 24 cents, or 0.3%, to $77.16 a barrel at 0138 GMT. U.S. West
Reuters
Jan 10, 2025
Lack of Bitcoin allocation could be risky for nations in 2025: Fidelity
Fidelity Digital Assets' Look Ahead report for the crypto market in 2025 highlights key trends expected for the year, including increased Bitcoin adoption by governments worldwide, broader use cases for stablecoins and more app blockchain launches.
Fxstreet
Jan 10, 2025
L.A. mayor, California governor criticized over fires as political clash ensues
Jan 9 (Reuters) - Los Angeles Mayor Karen Bass came under sharp criticism for her response to a series of raging wildfires on Thursday, while President-elect Donald Trump sought to blame California Governor Gavin Newsom for the deadly disaster.Reuters
Jan 10, 2025
Aircraft lessor Avolon sees impact of supply issues lasting a decade
DUBLIN, Jan 10 (Reuters) - A long-running production shortfall by planemakers will underpin supply and demand dynamics that are boosting airline and lessor profits for at least another decade, the head of the world's second-largest aircraft leasing company Avolon said on Friday.Aircraft manufacturerReuters
Jan 10, 2025
China central bank suspends treasury bond buying citing short supply
SHANGHAI, Jan 10 (Reuters) - China's central bank said on Friday it has decided to suspend treasury bond purchases temporarily due to short supply of the bonds. The People's Bank of China said it would resume bond buying depending on supply and demand in the government bond market. (Reporting by ShReuters
Jan 10, 2025
Bitcoin Not Reached ‘Extreme Euphoria’ Phase Yet, Glassnode Reveals
The on-chain analytics firm Glassnode has revealed the level Bitcoin would have to rise to if it has to reach the historical top zone in this pricing model. Bitcoin Hasn’t Surpassed Last MVRV Pricing Band Yet In a new post on X, Glassnode has talked about the extreme euphoria threshold of the ...NewsBTC
Jan 10, 2025
Kinder Morgan shuts two Los Angeles fuel pipelines due to power outages
Jan 9 (Reuters) - Pipeline operator Kinder Morgan Inc KMI.N said that two of its fuel pipelines in Los Angeles have been shut since Jan. 8 due to power outages, as the most destructive wildfires in the city's history continued to burn uncontained on Thursday.Reuters
Jan 10, 2025
Kamala Harris cancels foreign trip due to California wildfires
Adds quote from White House statement and details in paragraphs 2-6By Kanishka Singh and Jasper Ward WASHINGTON, Jan 9 (Reuters) - U.S. Vice President Kamala Harris canceled her upcoming trip to Singapore, Bahrain and Germany due to the ongoing wildfires in California, the White House said on ThuReuters
Jan 10, 2025
UPDATE 7-Oil settles up 1% as cold weather in US, Europe drives winter fuel demand
Cold weather drives winter fuel demand, buoying crude pricesUltra-low sulfur diesel futures trades at three-month highBrent futures market structure indicates tighter market Biden to announce new sanctions targeting Russia's economyUpdates with settlement pricesBy Georgina McCartney HOUSTON, Jan ...Reuters
Jan 9, 2025
CORRECTED-UPDATE 7-US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
In paragraph 9, removes stock symbol from Autel Robotics which was erroneously identified with the symbol of its prior parent firm Autel GroupTencent's HK shares fall 7%, CATL drops 5%, COSCO down 4%Tencent, CATL deny military ties, call designations mistakesList is part of US efforts to restrict Ch...Reuters
Jan 9, 2025
XRP ETF Expected To Come ‘Very Soon’, Says Ripple President
In a recent interview with Bloomberg Crypto, Ripple President Monica Long expressed strong optimism about the imminent approval of a spot XRP exchange-traded fund (ETF) in the United States. Long also provided insights into the expansion of Ripple’s new RLUSD stablecoin, which she believes will...
Why Apple Stock Gained 30% Last Year
Based on nothing more than the numbers, shares of consumer-technology titan Apple (NASDAQ: AAPL) should have barely budged in 2024. The top line only improved to the tune of 2% for the fiscal year ending in September, while net income fell more than 3% year over year.The Motley Fool
Jan 9, 2025
Musk to host German far-right leader on X, stirs angst about election meddling
BERLIN, Jan 9 (Reuters) - Elon Musk will host the leader of the far-right Alternative for Germany (AfD) on X on Thursday, stoking concerns in Berlin and Brussels about possible meddling by the U.S. billionaire in campaigning for Germany's Feb. 23 national election.
Reuters
Jan 9, 2025
