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Cryptoverse: The bonfire of the NFTs

Cryptoverse: The bonfire of the NFTs

July 5 (Reuters) – The NFT dream isn’t dead, but it’s taken a big non-fungible beating. The market shone gloriously last year as crypto-rich speculators spent billions of dollars on the risky assets, pumping up prices and profits. Now, six months into 2022, it’s looking ugly. Monthly sales volume on the largest NFT marketplace, OpenSea, …

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Hacker claims to have stolen 1 bln records of Chinese citizens from police

A police officer in a protective suit checks on a commuter at a subway station, after the lockdown placed to curb the coronavirus disease (COVID-19) outbreak was lifted in Shanghai, China June 2, 2022. REUTERS/Aly Song/File Photo Register now for FREE unlimited access to Reuters.com register SHANGHAI, July 4 (Reuters) – A hacker has claimed …

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Stocks up in holiday mood on resilient oil

Oil recovers after losing $1 a barrel in early trade Nikkei rises 0.84%, Chinese stocks up 0.7% FTSE up more than 1%, S&P futures down 0.3% Payrolls seen slowing this week, Fed minutes seen hawkish LONDON, July 4 (Reuters) – World stocks rose on Monday in trade thinned by a US holiday, benefiting from a …

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Berkshire Hathaway buys 9.9 mln more Occidental shares, has 17.4% stake

Warren Buffett, CEO of Berkshire Hathaway Inc, pauses while playing bridge as part of the company annual meeting weekend in Omaha, Nebraska US May 6, 2018. REUTERS/Rick Wilking/File Photo Register now for FREE unlimited access to Reuters.com register July 1 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) said it has bought another 9.9 million …

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German road traffic agency says 59,000 Tesla vehicles have software glitch

FRANKFURT, July 3 (Reuters) – Germany’s road traffic agency said it was recalling Tesla (TSLA.O) models Y and 3 because of a fault in the automatic emergency call system that affects 59,000 vehicles globally. The KBA watchdog said on its website dated June 29 that a software flaw was causing a breakdown of the eCall, …

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Hobby Lobby illegally banned worker’s service dog, US agency claims

The seal of the US Equal Employment Opportunity Commission (EEOC) is seen in their office in Manhattan, New York City, US, September 17, 2020. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com register Company allegedly barred Kansas worker’s dog and then fired her Agency says Hobby Lobby violated federal disability law (Reuters) – …

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Exxon signals operating profits could double over the first quarter

People pump gas at an Exxon gas station in Brooklyn, New York City, US, November 23, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com register HOUSTON, July 1 (Reuters) – Exxon Mobil Corp (XOM.N) on Friday signaled that skyrocketing margins from fuel and crude sales could generate a record quarterly profit, according …

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US West Coast port labor contract expires, raising stakes for talks

LOS ANGELES, July 1 (Reuters) – The union and employers negotiating a new labor contract for more than 22,000 US West Coast port workers said high-stakes talks that are being closely watched by industry and the White House would continue after the agreement expired late on Friday. The agreement covers 29 Pacific Coast ports stretching …

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Boeing disappointed after China’s top three airlines buy 300 Airbus planes

The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair at Congonhas Airport in Sao Paulo, Brazil August 14, 2018. REUTERS/Paulo Whitaker// Register now for FREE unlimited access to Reuters.com register July 1 (Reuters) – Boeing Co (BA.N) said on Friday “it is disappointing that geopolitical differences continue to constrain …

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Wall St Week Ahead Investors brace for pivotal July after dismal first half

NEW YORK, July 1 (Reuters) – The US stock market is reeling from its worst first half of any year since 1970, with investors girding for a series of potential flashpoints in July that may set Wall Street’s course for the coming months. Second-quarter corporate earnings, hotly anticipated US inflation data and the Federal Reserve’s …

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