Asheesh Birla Contributor Share on Twitter Asheesh Birla is the GM of RippleNet at Ripple. Every day, we see another traditional financial institution scrambling to figure out its crypto strategy, and it’s clear why. Crypto is past the tipping point of mainstream consciousness, and use cases like cross-border payments are firmly outside of the sandbox […]
Relief and disbelief greet R. Kelly guilty verdict
September 27, 2021 LOS ANGELES (Reuters) – A mixture of relief and disbelief greeted the guilty verdict on Monday in the sex trafficking trial of singer R. Kelly, the most high profile musician brought down in the #MeToo era. Kelly, once one of the biggest selling R&B singers with hits like “I Can Believe I […]
Factbox-Key winners at the Tony Awards
September 27, 2021 (Reuters) – The Tony Awards for Broadway theatre were handed out in New York on Sunday after a delay of more than a year caused by the coronavirus pandemic. Following is a list of winners in key categories. BEST PLAY “The Inheritance” BEST MUSICAL “Moulin Rouge! The Musical BEST REVIVAL OF A […]
At least 10 FARC dissidents killed in Colombia bombing, military says
September 27, 2021 By Luis Jaime Acosta BOGOTA (Reuters) – At least ten members of a group of FARC rebel dissidents were killed in an armed forces bombing in Colombia’s southeastern jungle, the head of the military said on Monday. Though the Revolutionary Armed Forces of Colombia (FARC) signed a peace accord in 2016 and […]
Pakistan discussing expansion of CPEC to Afghanistan -ambassador
September 27, 2021 By Charlotte Greenfield ISLAMABAD (Reuters) – Pakistan has discussed Taliban-led Afghanistan joining the multibillion-dollar China-Pakistan Economic Corridor (CPEC) infrastructure project, the Pakistani ambassador to the country said on Monday. “Regional connectivity is an important element of our discussion with Afghan leadership and our way forward for our economic interaction with Afghanistan,” said […]
La Palma volcano spurts again as lava nears the sea
September 27, 2021 By Jon Nazca and Nacho Doce LA PALMA, Spain (Reuters) -A volcano on Spain’s La Palma island began ejecting lava again on Monday after a lull, while hundreds of people in coastal villages hunkered down in anticipation of lava emitted in previous days reaching the sea and releasing toxic gas. Spurts of […]
Lebanese PM to meet financial advisers Lazard soon over rescue plan
September 27, 2021 BEIRUT (Reuters) – Prime Minister Najib Mikati said on Monday he will meet with the advisory firm Lazard soon to see how a financial recovery plan it drafted for Lebanon could be developed into a “more realistic” vision for getting the country out of its crisis. Lebanon would be very lucky if […]
Soccer-Real frustrated at home by Villarreal
September 27, 2021 MADRID (Reuters) -Real Madrid missed the chance to go five points clear at the top of LaLiga as they were held 0-0 by Villarreal at the Bernabeu on Saturday. The result means Carlo Ancelotti’s side move onto 17 points, three above city rivals Atletico Madrid, who lost 1-0 away to Alaves earlier […]
Tennis-Barty withdraws from Indian Wells
September 27, 2021 (Reuters) – World number one Ash Barty has withdrawn from next month’s WTA 1000 tournament at Indian Wells, the tournament said on Monday, casting doubts on whether her 2021 season is over. Wimbledon champion Barty last played at the U.S. Open where she was knocked out in the third round. Barty’s withdrawal […]
Mizuho unit will pay $1.5-million penalty for swap dealer compliance failures -CFTC
September 27, 2021 WASHINGTON (Reuters) – Mizuho Capital Markets LLC has agreed to pay $1.5 million to settle U.S. Commodity Futures Trading Commission (CFTC) charges the firm failed to comply with certain swap dealer requirements from 2013 until at least April 2021, the agency said on Monday. The unit of Mizuho Bank agreed to pay […]
Citigroup appoints former U.S. Treasury official as general counsel – memo
September 27, 2021 (Reuters) – Citigroup Inc has named former U.S. Treasury official Brent McIntosh as its new general counsel and corporate secretary, Chief Executive Officer Jane Fraser wrote in a memo to employees on Monday. McIntosh, who will succeed Rohan Weerasinghe, will join the bank on Oct. 25. Weerasinghe, retiring after nearly a decade […]
Fed’s Kaplan to leave job Oct. 8, citing trading activities
September 27, 2021 (Reuters) – Dallas Federal Reserve Bank President Robert Kaplan on Monday said he will leave his job on Oct. 8 to eliminate any “distraction” to the central bank related to his personal investment activities. “The recent focus on my financial disclosure risks becoming a distraction to the Federal Reserve’s execution of that […]
Ready to taper or waiting for more data? Recent Fed officials’ comments
September 27, 2021 (Reuters) – The Federal Reserve has said it will start to reduce its bond purchases as soon as November if the economy continues on its current track. Some officials will watch the September jobs report, due Oct. 8, for a final bit of evidence that the labor market has achieved “substantial further […]
Two Fed officials retire amid scrutiny over investment trades
September 27, 2021 By Jonnelle Marte and Howard Schneider WASHINGTON (Reuters) -Two Federal Reserve officials that came under scrutiny for investment trades they made last year announced their retirements on Monday. Dallas Fed Bank President Robert Kaplan said on Monday afternoon that he will retire on Oct. 8, citing the “distraction” of the controversy that […]
Cryptocurrencies see sixth straight week of inflows, led by bitcoin -CoinShares data
September 27, 2021 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Cryptocurrency investment products and funds posted inflows for a sixth consecutive week, as investors viewed recent regulatory challenges in the sector as buying opportunities, data from digital asset manager CoinShares showed on Monday. Inflows to the sector hit $95 million last week, led by investments […]
R. Kelly found guilty of racketeering in sex trafficking case
September 27, 2021 NEW YORK (Reuters) – R. Kelly was convicted by a federal jury on Monday of racketeering in his sex trafficking trial, where prosecutors accused the R&B singer of exploiting his stardom over a quarter-century to lure women and underage girls into his orbit for sex. Known for the 1996 Grammy-winning smash “I […]
Rolling Stones mark first tour without Charlie Watts with video tribute
September 27, 2021 (Reuters) – The Rolling Stones kicked off the U.S. leg of their “No Filter” tour on Sunday with a video tribute to their late drummer Charlie Watts. The veteran British band, on their first tour since 1963 without Watts, displayed photos and video of him on huge projections at the St. Louis, […]
Tony Awards ceremony slumps to 2.6 million low on television
September 27, 2021 LOS ANGELES (Reuters) – The television audience for Sunday’s Tony Awards for theater slumped to a new low despite a star-studded cast that promoted Broadway’s return after an 18-month shutdown due to the coronavirus pandemic. Broadcaster CBS said on Monday that just 2.6 million Americans tuned in for the two-hour special, which […]
Chile to lift state of emergency as vaccines beat back COVID infections
September 27, 2021 SANTIAGO (Reuters) – Chilean authorities announced on Monday the end of a state of emergency in force since the start of the coronavirus pandemic, a sign of life returning to normal following a sharp decrease in cases in the South American nation. The state of emergency, an extraordinary administrative measure approved by […]
Soccer-Guedes double against old club gives Corinthians derby win
September 27, 2021 SAO PAULO (Reuters) – Roger Guedes scored twice against his old club as Corinthians beat Palmeiras 2-1 in a tense Sao Paulo derby in Brazil’s Serie A on Saturday. Guedes volleyed the opening goal after 20 minutes but Gabriel Menino equalised on the stroke of half time when his low shot hit […]