The number of active cryptocurrency users at Bank of America has declined by more than half amid the prolonged rout in the digital-asset market.
European economies are facing a major new shock from slowing deliveries of Russian natural gas, which threaten to push inflation even higher than the current record levels and drive the continent’s powerhouse Germany into “imminent” recession, Deutsche Bank said.
Canopy Growth Corp. shares plunged the most since February 2021 after the beleaguered Canadian cannabis company penned a deal to exchange debt for a mix of shares and cash.
Shell Plc paused the divestment of its Nigerian onshore oil assets pending the outcome of a case at the country’s Supreme Court.
In a 6-3 ruling, the US Supreme Court restricted the Environmental Protection Agency’s authority to curb greenhouse gases from power plants, dealing a blow to President Joe Biden’s climate-change agenda.
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