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Crypto exchanges hunker down as woes pile up in India

  Bloomberg India’s largest digital assets exchanges are bracing for a drawn-out crypto winter — one with some unwelcome local twists. With token prices plummeting, customers unable to transfer money to their accounts and a dreaded transaction tax on cryptocurrencies just around the corner, exchanges like Binance-backed WazirX have put expansion plans on the back burner. “We have cut down ...

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G-7 negotiators put Russia oil price cap on agenda for leaders

Bloomberg Group of Seven (G-7) negotiators agreed that discussions on a potential price cap on Russian oil had progressed enough to send the issue to leaders to discuss at their summit in Germany. The negotiators known as sherpas held what one official described as “intense” talks on the matter in the Bavarian Alps before the summit began on Sunday. While ...

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UAE leaders condole death of Saudi Royal family member

  ABU DHABI / WAM President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a cable to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, King of Saudi Arabia, expressing his condolences and sincere sympathy over the death of Princess Moudhi bint Musaed bin Abdurrahman bin Faisal Al Saud. His Highness Sheikh Mohammed ...

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