Author: IA PressRoom

By Libby George and Jorgelina do Rosario LONDON (Reuters) – The global sovereign debt roundtable will meet on Friday to focus on technical talks aimed at discussing issues such as arrears and comparability of treatment for countries in default, two sources with direct knowledge of the matter told Reuters. This would be the third encounter for the group that includes representatives of the International Monetary Fund (IMF), the World Bank and current Group of 20 (G20) major economies leader India after one in Bengaluru in February followed by an April meeting in Washington, during the IMF-World Bank spring meetings. The…

Coinbase, one of the leading cryptocurrency exchanges globally, faces a lawsuit from US regulators, hot on the heels of similar legal action against Binance, another industry heavyweight.The Securities and Exchange Commission (SEC) accused Coinbase of operating illegally without prior registration, a mandatory requirement for securities trading firms in the US.Considering this recent macroeconomic development, what are the best cryptos to buy now?Gary Gensler, the SEC’s chairman, indicated that Coinbase’s alleged shortcomings deprived investors of critical protections including preventive measures against fraud, proper disclosures, and safeguards against conflicts of interest.The news sent Coinbase shares plunging by over 16% in premarket trading.This…

The Justice Department has reached an agreement with the City of Houston to improve trash removal and environmental monitoring after an investigation into the widespread dumping of garbage, including human bodies, in predominantly Black and Latino neighborhoods.The pact, announced on Tuesday, was the result of a yearlong inquiry by the department’s civil rights division into dozens of complaints from residents. It includes a commitment by Mayor Sylvester Turner to fund cleanup projects, under the supervision of federal officials for three years.The agreement, which followed weeks of negotiation between department officials and municipal leaders in Houston, is part of the Biden…

It isn’t surprising that cryptocurrency is facing the scrunity of U.S. federal regulators. It’s a pattern we’ve seen before with other disruptive and transformative technologies — from electricity to the internet. But the U.S. Securities and Exchange Commission’s (SEC) charges this week against cryptocurrency exchange Binance Holdings and separate charges against digital-asset exchange Coinbase Global COIN, -12.09% threaten to undermine the United States’ ability to be a front-runner — or even a contender — in the revolutionary realm of cryptocurrency and the financial liberty it bestows on its users. The SEC on Monday filed 13 charges against Binance, one of…

Far-right House members are not pleased with House Speaker Kevin McCarthy’s debt ceiling compromise. They tanked a vote, sending two bills aimed at stopping gas stove bans up in smoke. Here are the eleven members who voted “no” and why they may continue to stall the GOP’s aims. 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 The humble gas stove is again being dragged into a political spat: On Tuesday, it was in the middle of an intraparty squabble between the far-right Freedom Caucus…

A new jab that can help obese adults lose 15 per cent of their body weight is set to be made more widely available on the NHS, after the government announced it was exploring ways for patients to receive it without having to go to hospital.NICE, the body which rules on the cost-effectiveness of novel medicines, earlier this year approved the new drug, semaglutide, but said it should be available only through specialist weight-management services, most of which are in hospitals. The government said on Tuesday that this would mean only about 35,000 people would have access to it “when tens…

© Reuters. FILE PHOTO: Neil Shen, founding and managing partner of Sequoia Capital China, attends the World Internet Conference (WIC) in Wuzhen, Zhejiang province, China, October 20, 2019. REUTERS/Aly Song By Kane Wu, Julie Zhu and M. Sriram HONG KONG (Reuters) -U.S. venture capital giant Sequoia plans to split off its Chinese and Indian/Southeast Asian businesses into two independent firms, it said on Tuesday, as it tries to better navigate economic and geopolitical challenges. The split, which will see the two new firms adopt their own brands, will occur by March 31, 2024, Sequoia said in a statement signed by…

© Reuters After-hours movers: Yext jumps following earnings, Couchbase falls After-Hours Stock Movers: Couchbase Inc (NASDAQ:) 16% LOWER; reported Q1 EPS of ($0.27), $0.05 better than the analyst estimate of ($0.32). came in at $41 million versus the consensus estimate of $39.77M. Couchbase, Inc. sees Q2 2024 revenue of $41.2-41.8M, versus the consensus of $43.34M. Couchbase, Inc. sees FY2024 revenue of $171.7-174.7M, versus the consensus of $173.3M. Vaxart, Inc. (NASDAQ:) 15% LOWER; announced that it has commenced an underwritten public offering of its common stock. Yext, Inc. (NYSE:) 14% HIGHER; reported Q1 EPS of $0.09, $0.04 better than the analyst…

© Reuters. FILE PHOTO: TC Energy’s logo is pictured on a smartphone in this illustration taken, December 4, 2021. REUTERS/Dado Ruvic/Illustration By Nia Williams (Reuters) -Canada’s TC Energy (NYSE:) is cutting some jobs to “optimize value” a company spokesperson said on Tuesday, without giving details of how many positions have been impacted. News of the job cuts at TC Energy comes a week after Suncor Energy (NYSE:) told employees it would eliminate 1,500 jobs. Earlier this year, Imperial Oil (NYSE:) cut the number of contractors working at its Kearl oil sands project. A Calgary-based industry source said the number of…

Image by Trent Rhode / Midjourney AI – PEPE Coin Price Plummets 15% in 7 DaysDespite an incredible surge of over 50,000% between April 15 and May 5, Pepe Coin (PEPE) is experiencing a significant decline of more than 60% from its peak, with 15% of the drop occurring in the past week.Uncertainty looms over the meme coin’s future potential, causing market participants to question how much further the crypto prices may fall.Pepe Coin Price Prediction: Mixed Signals Emerge Amid Bearish UndertonesA glimpse at the EMAs on the 4-hour chart spells trouble for the Pepe coin price. The 20-EMA is…