Euro drops to 20-year low, approaches parity with dollar

Euro drops to 20-year low, approaches parity with dollar

NEW YORK, July 11 (Reuters) – The euro slid to a 20-year low and came closer to parity against the dollar on Monday on concerns that an energy crisis will tip the region into a recession, while the U.S. currency was boosted by expectations that the Federal Reserve will hike rates faster and further than … Read more

U.S. tax committees to question IRS chief over audits of ex-FBI officials

U.S. tax committees to question IRS chief over audits of ex-FBI officials

WASHINGTON, July 11 (Reuters) – U.S. tax commissioner Charles Rettig will face questions from legislators over how two former FBI officials vilified by former President Donald Trump were targeted for intensive tax audits, lawmakers and the Internal Revenue Service said on Monday. The Senate Finance Committee will hold a closed-door hearing on July 26 into … Read more

Oil prices rebound from Tuesday tumble as supply concerns return

Oil prices rebound from Tuesday tumble as supply concerns return

Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo Register now for FREE unlimited access to Reuters.com Register Recession fears continue to cap price gains Dollar holds at 20-year high against the euro China reports new COVID cases across the country Oil … Read more

Wimbledon day one | Reuters

Wimbledon day one | Reuters

LONDON, June 27 (Reuters) – Highlights on day one of the Wimbledon tennis championships on Monday (all times GMT): 1743 ALCARAZ SEES OFF STRUFF Spanish 19-year-old Carlos Alcaraz, the youngest man in the draw, came through a tight opening match with a 4-6 7-5 4-6 7-6(3) 6-4 victory over Germany’s Jan-Lennard Struff. READ MORE: Register … Read more

Taiwan thanks World Cup organisers after China reference removed from fan IDs

Taiwan thanks World Cup organisers after China reference removed from fan IDs

Soccer Football – FIFA World Cup Qualifier – Costa Rica v New Zealand – Al Rayyan Stadium, Al Rayyan, Qatar – June 14, 2022 General view inside the stadium before the match REUTERS/Mohammed Dabbous Register now for FREE unlimited access to Reuters.com Register TAIPEI, June 16 (Reuters) – Taiwan’s Foreign Ministry expressed thanks on Thursday … Read more

Crypto contagion fears spread after Celsius Network freezes withdrawals

Crypto contagion fears spread after Celsius Network freezes withdrawals

WASHINGTON, June 13 (Reuters) – Bitcoin fell as much as 14% on Monday after major U.S. cryptocurrency lending company Celsius Network froze withdrawals and transfers citing “extreme” market conditions, in the latest sign of the financial market downturn hitting the cryptosphere. The Celsius move triggered a slide across cryptocurrencies, with their value dropping below $1 … Read more