Author: IA PressRoom

© Reuters. The logo of VTB bank is seen at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 15, 2022. REUTERS/Maxim Shemetov MOSCOW (Reuters) – VTB, Russia’s second largest bank, will sell its stake in one of Russia’s biggest grain traders, Demetra-Holding, and is in negotiations with both Russian and foreign buyers, CEO Andrei Kostin told Reuters in an interview. Demetra has a network of grain elevators, major deep sea grain terminals and its own logistics. It owns a non controlling stake in major grain trader United Grain Company (OZK). VTB has a 45% stake in…

Source: AdobeThe US Department of Justice unsealed charges against Russian nationals Alexey Bilyuchenko and Aleksandr Verner, for allegedly stealing thousands of bitcoin from the Mt.Gox crypto exchange back in 2011 to 2014. Bilyuchenko, 43, and Verner, 29, were charged on Friday in the Southern District of New York “with conspiring to launder approximately 647,000 bitcoins,” which the department said was the majority of the bitcoins belonging to Mt. Gox’s customers. Bilyuchenko and Verner “used their unauthorized access to Mt. Gox’s server to fraudulently cause bitcoins to be transferred from Mt. Gox’s wallets to bitcoin addresses controlled by Bilyuchenko, Verner, and their co-conspirators,”…

DERRY, N.H. – Former Vice President Mike Pence called the federal indictment of his one-time boss — former President Trump — “not just a sad day, but a troubling day for millions of Americans.”Pence, making his first campaign-trail reaction to the blockbuster news, stressed that he is calling on Attorney General Merrick Garland “to unseal the indictment and stand before the press and the American people and explain the reasons for this unprecedented indictment of a former President of the United States.”However, Pence, speaking at a campaign event Friday in Derry, New Hampshire, also said Trump should have the presumption…

Long lines at concession stands and snarled traffic on game day could soon be a thing of the past for many U.S. sports fans.From faster food service to assistance navigating a jam-packed parking lot to providing a deep dive on statistics, artificial intelligence is reshaping how people experience live sporting events at stadiums and arenas in Silicon Valley and beyond. So far, the NFL and NBA are leading the pack in their use of AI, with investments centered around promoting star players, according to experts interviewed by MarketWatch. Many sports teams, like tech companies, are in a sprint to harness…

(Photo by Visual China Group)Visual China Group via Getty Images Qualcomm QCOM experienced a key reversal day buy signal on May 25 and then a weekly key reversal buy signal during the week of May 26. Longer term, the stock had a golden cross formation on November 16, 2021, which led to a rally to its two-year high of $193.58 set on January 5, 2022. From this high QCOM declined 47.3% to a low of $101.93 on November 3, 2022. From this low the stock rebounded by 37.2% to its 2023 high of $139.94 on February 1, 2023. Qualcomm has…

A typical induction for a new journalist at the Telegraph in recent years included a history lesson on the telegraph pole, the revolutionary piece of communications infrastructure that the paper took its name from when founded in 1855.The official history says the name “embodied the very latest in electric communications”; in effect its era’s equivalent to names like The Block or Decrypt.The conservative broadsheet — which American readers may recognise as the workplace of Kate Winslet’s character in Christmas romcom classic The Holiday (2006) — is up for sale, after being seized from the tax-efficient Barclay family by Lloyds Bank.…

© Reuters. A salesman looks at a television screen showing the Pakistan’s Finance Minister Ishaq Dar presenting the budget for the 2023/24 fiscal year in the parliament in Islamabad, at a shop in Karachi, Pakistan, June 9, 2023. REUTERS/Akhtar Soomro By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistan presented its federal budget for the next fiscal year, one of three measures the International Monetary Fund (IMF) will gauge before releasing at least some of the $2.5 billion still pending under a lending programme expiring this month. The cash-strapped country, with reserves to barely meet a month’s worth of imports, is…

© Reuters. FILE PHOTO: The logo of Tesla is pictured at a dealership in Chambourcy, near Paris, France, December 15, 2021. REUTERS/Gonzalo Fuentes By Jarrett Renshaw (Reuters) -The White House on Friday said that Tesla (NASDAQ:) model chargers would be eligible for billions of dollars in federal subsidies as long as they included the CCS connection. The comment comes as Ford and GM announced they were adopting the Tesla model of charging, known as the North American Charging Standard (NACS), shaking up a charging industry that was seemingly drifting towards a rival CCS connection with the help of billions of…

Source: Adobe / Koukichi TakahashiThe U.S. Securities and Exchange Commission (SEC) is looking for other ways to serve legal papers to Binance and its CEO, Changgpeng Zhao (CZ), whose location is often hard to track down. In a legal filing with the District Court in the District of Columbia on Thursday, the regulator noted that neither Binance nor its executive is known for revealing “the premise of a headquarters or domicile,” and labeled each as “not the typical foreign entity and individual,” according to Bloomberg. As such, the SEC seeks, “alternative means” of issuing legal papers to Zhao and Binance, primarily by…

CNN  —  Donald Trump, who has often lied, unquestionably told the truth when he said Thursday was a “dark day” for America. The ex-president’s social media post correctly described the magnitude of his indictment over the alleged mishandling of classified documents – though completely ignored any personal culpability in the case. But the first-ever indictment of a former president by a federal grand jury thrust the country into an unprecedented and perilous moment in its history at a time when it is already internally estranged over politics. Immediate claims by Republicans led by House Speaker Kevin McCarthy that the indictment…