Business

The receiver station of the Druzhba oil pipeline between Hungary and Russia is seen at the Hungarian MOL Group's Danube Refinery in Szazhalombatta, Hungary, May 18, 2022. REUTERS/Bernadett Szabo/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterMOSCOW, Aug 9 (Reuters) - Ukraine has suspended Russian oil flows to southern…

By Adriano Marchese Hydro One Ltd. profit rose in the second quarter as demand increased, while revenue growth missed analysts' forecasts. The Canadian electricity transmission and distribution utility company, which focuses primarily on the province of Ontario, reported net income of 255 million Canadian dollars (US$198.3 million),…

(Stefon Walters) I'll be the first to admit that life has a way of throwing you curveballs when you're seemingly the least prepared for them. According to the Annual Transamerica Retirement Survey, 27% of people with retirement accounts have needed to take early withdrawals. While it might be the last and…

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File PhotoRegister now for FREE unlimited access to Reuters.comRegisterHONG KONG, Aug 8 (Reuters) - Hodlnaut, a Singapore-based crypto currency lender and…

Technology-driven real estate companies Redfin (RDFN 16.47%) and Offerpad Solutions (OPAD -2.23%) just reported their financial results for the second quarter of 2022. Both companies delivered growth, and at any other time, investors might have reacted more positively to their numbers.  But right now, interest rates are rapidly…

Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterAug 9 (Reuters) - Another day, another hack - and another blockchain bridge burned.When thieves stole an estimated $190 million from…

U.S. Senate Majority Leader Chuck Schumer (D-NY) walks outside the U.S. Capitol in Washington, U.S. August 2, 2022.Jonathan Ernst | ReutersWant to know what the Inflation Reduction Act means for the market's biggest companies, as well as for your wallet? When it comes to politics, you always have to follow the money – and remember that the devil…

A trader works on the floor at the New York Stock Exchange (NYSE), New York, August 3, 2022.Andrew Kelly | ReutersHere are the most important news items that investors need to start their trading day:1. Stocks look for momentumU.S. equities markets were on track to open higher Monday morning after three straight winning weeks for the S&P…

The word “embedded” literally means “to fix something firmly and deeply in something else”, and thus embedded finance ends up translating to fixing or attaching financial offerings to a non-financial offering. A simple example of this would be – pop-up for travel insurance while booking flight tickets.  According to a study, every…

Avalanche (AVAX) is leading the gains among the top-20 largest cryptocurrencies by market capitalization.  AVAX, the coin powering the layer-1 blockchain, gained 14.18% and has seen a 23% uptick in trading volume over the past 24 hours. The coin currently trades at around $29.3, according to data from CoinMarketCap. Despite its 25% jump over the…