Author: IA PressRoom

© Reuters. FILE PHOTO: Coins and a banknote of China’s yuan are seen in this illustration picture taken February 24, 2022. REUTERS/Florence Lo/Illustration By Ariba Shahid (Reuters) – Pakistan paid for its first government-to-government import of Russian crude in Chinese currency, the South Asian country’s petroleum minister said on Monday, a significant shift in its U.S. dollar-dominated export payments policy. The first cargo of discounted Russian arranged under a new deal struck between Islamabad and Moscow arrived in Karachi on Sunday. It is currently being offloaded at the port. Petroleum Minister Musadik Malik, talking to Reuters by phone, did not…

JPMorgan Chase & Co. on Monday said it reached a settlement for an undisclosed sum in the class-action lawsuit Jane Doe 1 v. JPMorgan Chase. The lawsuit was filed in the Southern District of New York on Nov. 24 by an Epstein victim, Jane Doe 1, who was seeking damages from the bank for its past dealings with deceased convicted pedophile Jeffrey Epstein. The birth name of the primary plaintiff in the lawsuit has not been released. “The settlements that have been reached are both life-changing and historic for the survivors,” said Sigrid McCawley, a lawyer for the plaintiffs in…

Your vintage Barbie dolls sitting at home could make you a quick buck, according to new research. BonusFinder made a list of the most valuable Barbies of all time and their maximum resale price. The first Barbie – released in 1959 for just $3 – has a maximum resale value of $27,450.  Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app If you have old Barbie dolls that are gathering dust at home, there’s a chance you can make a quick buck by selling them…

Tyreek Moore, CultureVations FounderCultureVations Black Wall Street has long been a symbol of economic hope and success, due to the entrepreneurial spirit demonstrated by Greenwood residents in Tulsa,OK before it was destroyed. With an estimated $200 million of Black-owned property wealth destroyed during the 1921 Tulsa Race Massacre there are groups like CultureVations, founded by Tyreek Moore, that are turning over a new leaf while trying to re-invigorate Black entrepreneurship in the area. The Breakdown You Need To Know: In the 35-square-block Greenwood District known as Black Wall Street, Black business owners had five hotels, 31 restaurants, eight doctor’s offices,…

Iran’s authorities were confident that the country’s car industry would prove a bastion of economic resilience against the sweeping US sanctions imposed after Tehran’s nuclear deal with world powers collapsed.But hopes that imports from countries such as China would compensate for the impact of the US curbs have not been realised. The plunging rial and shrinking state revenues have created a widespread shortage of crucial inputs and a sudden increase in prices, which have hit the industry hard and scuppered the hopes of would-be car owners.“I can’t even think of it for the rest of my life,” said Mohammad Reza,…

© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 22, 2023. REUTERS/Brendan McDermid (Reuters) -U.S. stock index futures rose on Monday, setting Wall Street up for a fresh round of gains, while investors awaited inflation data and the Federal Reserve’s interest rate decision this week. The U.S. Labor Department’s consumer price index reading on Tuesday, also the first day of the Fed’s meeting, is expected to show inflation cooled slightly in May but core prices are likely to have remained elevated. Traders see a 72% chance of…

2/2 © Reuters. FILE PHOTO: The logo of commodities trader Glencore is pictured in front of the company’s headquarters in Baar, Switzerland, September 30, 2015. REUTERS/Arnd Wiegmann/File Photo 2/2 LONDON (Reuters) -Global miner Glencore (OTC:), Chrysler parent Stellantis and Volkswagen (ETR:)’s battery unit PowerCo have agreed to back a $1 billion deal by blank-cheque fund ACG Acquisition Company to buy two mines in Brazil, ACG said on Monday. The deal comes as a mining M&A spree picks up, spurred in part by investors betting on rising demand for metals needed for the global green energy transition in coming years. ACG,…

Source: BitgetIn the aftermath of the US Securities and Exchange Commission’s crackdown on major crypto exchanges Binance and Coinbase, Latin America’s crypto holders have reacted to this development with a surge of new accounts registered with Bitget, a crypto derivatives exchanges. The American regulator filed lawsuits against both Binance, the globe’s largest cryptocurrency exchange, and Coinbase, the largest US-based crypto exchange, in the past days.  The SEC pressed 13 charges against Binance and its US-based affiliates. These ranged between accusations of allegedly operating as an unregistered exchange, and offering unregistered securities to customers. The commission also filed similar charges against Coinbase.With the regulator…

Genesis Electronics Group sets up manufacturing partnership with Bart Manufacturing

A supernova has exploded in the Pinwheel Galaxy 21 million light-years away. Named SN 2023ixf, it sets itself apart by being one of the brightest seen in a decade.  It is so bright that it is visible from Earth. Here are some tips to see it from your backyard. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. download the app A supernova exploding in a nearby galaxy is providing an unexpected spectacle for amateur astronomers. The supernova, which appeared in the Pinwheel Galaxy 21 million light-years away, is…