energy
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Banking
FTX will sell or restructure global empire, CEO says
FTX’s new CEO said on Saturday that the bankrupt crypto exchange is looking to sell or restructure its global empire,…
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Banking
3 takeaways from our daily meeting: Industrials strong, potential midterm winners, Apple warning
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap…
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Banking
In bankrupt Lebanon, locals mine bitcoin and buy groceries with tether, as $1 is now worth 15 cents
Aerial view during landing of the seafront Manara district near downtown Beirut. Bilwander | Getty Images When Georgio Abou Gebrael…
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US
Biden can’t do much to bring down gas prices. But a recession can
Nothing kills demand for oil — and brings down prices faster — than recessions. Not only do they cause job…
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Banking
Biden White House just put out a framework on regulating crypto — here’s what’s in it
U.S. President Joe Biden walks from Marine One to the White House following a trip from Michigan, in Washington, U.S.,…
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World
Big oil companies are spending millions to appear ‘green.’ Their investments tell a different story, report shows
The think tank analyzed 3,421 items of public communications materials for 2021 across the five companies and found that 60%…
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Banking
‘No reason to panic’: Commerzbank CEO says lenders are better prepared to deal with loan defaults
The chief executive of one of Germany’s biggest banks, Commerzbank, sought to reassure investors Thursday about the prospect of non-performing…
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World
The UK is preparing a huge energy bailout that could cost $175 billion
Liz Truss, who earlier this week succeeded Boris Johnson, told lawmakers Wednesday that she would unveil her plans to tackle…
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World
Russia says China will start paying for gas in rubles and yuan
The shift is part of a push by Russia to reduce its reliance on the US dollar, euro and other…
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US
Europe’s Russian energy crisis is escalating and so are the costs
European benchmark natural gas prices spiked 28% on Monday morning to hit €274 ($272) per megawatt hour — the first…
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