Crypto contagion fears spread after Celsius Network freezes withdrawals
By Tom Wilson, Hannah Lang and Elizabeth Howcroft
WASHINGTON - Bitcoin fell as much as 14% on Monday after major US cryptocurrency lending company Celsius Network froze withdrawals and transfers citing "extreme" market conditions, in the latest sign of the financial market...
US House passes ocean shipping bill to allay export backlogs
WASHINGTON - The US House of Representatives approved legislation Monday to improve oversight of ocean shipping, which supporters say will help curb inflation and ease export backlogs.
The bill was approved 369-42 and will head...
Biden adviser Sullivan raised concerns with China over North Korea
By Michael Martina
WASHINGTON - US national security adviser Jake Sullivan has raised concerns with China's top diplomat Yang Jiechi over Beijing's veto at the United Nations...
Boeing CEO Calhoun bullish on industry demand for airplanes
By David Shepardson
ARLINGTON, Virginia - Industry-wide demand for airplanes is strong and will continue to improve as airlines work to replace aging fleets, buy more efficient models and continue to see passenger...
No way out for Ukrainians in embattled city as Russian forces destroy last bridge
By Oleksandr Kozhukhar
KYIV - Russian forces cut off all routes for evacuating citizens from the eastern Ukrainian city of Sievierodonetsk by destroying the last bridge linking it to a Ukrainian held city on the other side of the river, a Ukrainian official said.
Russian troops...
Beijing tests millions over COVID cluster at 24-hour bar
BEIJING — Authorities in China’s capital Beijing on Monday raced to contain a COVID-19 outbreak traced to a raucous 24-hour bar known for cheap liquor and big crowds, with millions facing mandatory testing and thousands under targeted lockdowns.
Pfizer COVID-19 vaccines safe and effective for small kids, FDA staff say
US FOOD and Drug Administration (FDA) staff reviewers on Sunday said Pfizer-BioNTech’s coronavirus disease 2019 (COVID-19) vaccines were effective and safe for use in children aged 6 months to 4 years.
Britain orders review of fuel market as pump prices surge
LONDON — Britain’s competition watchdog has been asked by the government to review the retail fuel market to see whether a cut in duty has been passed onto consumers as prices at the pump hit unprecedented highs.
Crypto firm Celsius pauses all transfers, withdrawals as markets tumble
Cryptocurrency lending firm Celsius Network will pause withdrawals and transfers between accounts due to “extreme market conditions”, the company said on Monday, in the latest sign of pressure in the crypto industry.
Malaysia firms turn down orders as migrant labor shortage hits
KUALA LUMPUR — Malaysian companies from palm oil plantations to semiconductor makers are refusing orders and forgoing billions in sales, hampered by a shortage of more than a million workers that threatens the country’s economic recovery.
Report casts doubt on net-zero emissions pledges by big global companies
LONDON — Corporate plans to slash greenhouse gas emissions fall short of what is needed to combat climate change, with “major credibility gaps” found...
Global nuclear arsenal to grow for first time since Cold War — think-tank
STOCKHOLM — The global nuclear arsenal is expected to grow in the coming years for the first time since the Cold War while the...