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UK financial watchdog warns consumers over CoinBurp crypto launch

By Huw Jones LONDON, July 25 (Reuters) - Crypto broker CoinBurp is not fully authorised before Monday's planned launch of its $BURP token and initial exchange offering, Britain's Financial Conduct Authority (FCA) said on Sunday, in its latest crack down on crypto trading. But the FCA said CoinBurp could start business under its temporary registrati

Israel to reduce greenhouse gas emissions to meet global target

JERUSALEM, July 25 (Reuters) - Israel said on Sunday that by mid-century it would reduce its greenhouse gas emissions by 85% from 2015 levels, as part of an international push to limit global warming. The government approved the 2050 target and set an interim target of 2030 to reduce emissions by 27% from levels in 2015, the year when global climat

Cars, pavements washed away as Belgian town hit by worst floods in decades

BRUSSELS, July 25 (Reuters) - The southern Belgian town of Dinant was hit by the heaviest floods in decades on Saturday after a two-hour thunderstorm turned streets into torrential streams that washed away cars and pavements but did not kill anyone. Dinant was spared the deadly floods 10 days ago that killed 37 people in southeast Belgium and many

Wall St Week Ahead-Big tech companies retake market reins with earnings on tap

By Lewis Krauskopf NEW YORK, July 23 (Reuters) - The rally on Wall Street faces a fresh test next week with a flood of earnings reports from major U.S. companies, including the tech and internet behemoths that have recently retaken leadership of the market. More than one third of the S&P 500 is set to report quarterly results next week, headlined b
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UK financial watchdog warns consumers over CoinBurp crypto launch

By Huw Jones LONDON, July 25 (Reuters) - Crypto broker CoinBurp has no authorisation for a planned launch of its $BURP token and initial exchange offering on Monday, July 26, Britain's Financial Conduct Authority (FCA) said on Sunday in the latest crack down on crypto trading. CoinBurp said last week it had raised $6 million to build a platform for

UK watchdog says Coinburp has no licence to launch crypto token

July 25 (Reuters) - * FCA: CONSUMER WARNING ON COINBURP LIMITED * FCA SAYS HAS BECOME AWARE OF PROMOTIONAL MATERIAL INDICATING THAT COINBURP LIMITED ( FIRM) IS INTENDING TO LAUNCH COINBURP $BURP TOKEN AND INITIAL DEX OFFERING ON MONDAY 26 JULY 2021 * FCA SAYS FIRM DOES NOT YET HOLD FULL FCA REGISTRATION UNDER MONEY LAUNDERING, TERRORIST FINANCING A

Factors to watch - July 25

DUBAI, July 25 (Reuters) - Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL * GLOBAL MARKETS-U.S. stock markets hit new highs, Treasury yields up as choppy week ends * Oil edges up in weekly rebound on forecasts for tig

Iraq in fuel deal with Lebanon to boost its faltering power supply

CAIRO/BEIRUT, July 24 (Reuters) - Iraq has signed an agreement allowing the cash-strapped Lebanese government pay for 1 million tonnes of heavy fuel oil a year in goods and services, helping Lebanon ease its acute power shortage, the two sides said on Saturday. Lebanon is in the throes of an economic meltdown threatening its stability. It has all b

Iraq to sell Lebanon 1 million tonnes of heavy fuel oil - INA

CAIRO, July 24 (Reuters) - Iraq signed on Saturday an agreement that allows cash-strapped Lebanon to pay for one million tonnes worth of heavy fuel oil in terms of goods and services, Iraqi news agency reported (INA), citing an official statement. Lebanon is in the throes of a deep economic meltdown that is threatening its stability. It has all but

PropertyGuru to go public in merger with SPAC backed by Richard Li, Peter Thiel

July 23 (Reuters) - Southeast Asian online realty company PropertyGuru on Friday agreed to go public through a merger with a blank-check firm backed by billionaires Richard Li and Peter Thiel, giving the combined company an equity value of about $1.78 billion. The deal with Bridgetown 2 Holdings BTNB.O , a special purpose acquisition company (SPAC)

AstraZeneca scours supply chain for more vaccine doses for Thailand, SE Asia

BANGKOK, July 24 (Reuters) - AstraZeneca Plc AZN.L is "scouring" its global supply chain to try and boost COVID-19 vaccine supplies to Thailand and Southeast Asia, its representative for the country said on Saturday, amidst speculations of local production shortfalls. The comments come after leaked letters Link showed last week that the drugmaker h
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Buenos Aires province expects high take-up in $7 bln debt offer, source says

By Walter Bianchi BUENOS AIRES, July 23 (Reuters) - Argentina's Buenos Aires province is confident of a high acceptance for its $7 billion debt restructuring after agreeing a deal with key creditors, a source close to the talks said, despite some bondholders criticizing the offer. The province said on Wednesday that it had struck a breakthrough agr

U.S. trade agency drops tariff threat against Vietnam over currency practices

(Updates with comment from Vietnam foreign minister) By David Lawder WASHINGTON, July 23 (Reuters) - The U.S. Trade Representative's office on Friday said it had determined that no tariff action against Vietnam was warranted after its central bank agreed with the U.S. Treasury not to manipulate its currency for an export advantage. In a statement,

U.S. stock markets hit new highs, Treasury yields up as choppy week ends

* Wall Street closes at record highs * Flash PMI data mixed, COVID worries hurt outlook * Oil up; U.S. dollar, U.S. treasury yields rise By Jessica DiNapoli NEW YORK, July 23 (Reuters) - All three major U.S. stock indexes closed at record highs on Friday after a rocky week in which investors fretted over the Delta coronavirus variant and cheered an
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Five metrics bond investors are watching as COVID fears return

(Updates chart and text in paragraph 11 with positioning data as of July 20) By David Randall and Saqib Iqbal Ahmed NEW YORK, July 23 (Reuters) - A wild week in Treasuries has investors parsing the cross-currents that may sway prices for U.S. government bonds in coming weeks, including the Federal Reserve, economic data and investor positioning. Th

Corn, soybeans lower on the week as traders eye long-term weather

* Corn, soy lower on conflicted U.S. weather scenario * Wheat flat, gives up some of last week's strong gains (Updates with closing prices, weekly changes) By Christopher Walljasper CHICAGO, July 23 (Reuters) - Chicago corn and soybean futures slipped on Friday, pressured by extended forecasts calling for cooler weather into August, though hot, dry
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U.S. dollar posts second week of gains ahead of Fed meeting

* Potential "Golden Cross" in dollar index seen lifting it * But dollar's rally may be losing steam -analyst * Focus on Fed meeting next week * Economists expect Fed to advance discussions in tapering By Gertrude Chavez-Dreyfuss NEW YORK, July 23 (Reuters) - The U.S. dollar on Friday notched a second week of gains, after a few volatile days when cu
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Wall Street surges to all-time closing high on earnings, economic revival

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * All 3 major indexes post weekly gains * Dow closes above 35,000 for first time ever * Social media stocks rally after upbeat results * Intel sales forecast implies rocky second half * Indexes up: Dow 0.68%, S&P 1.01%, Nasdaq 1.04% (Update
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Speculators flip to net long dollars in latest week -CFTC, Reuters data

By Karen Brettell July 23 (Reuters) - Speculators flipped to being net long U.S. dollar positions in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $399.69 million in the week ended July 20, the first long position since March
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Wall Street notches record closing high on earnings, economic strength

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) (Updates to market close) By Stephen Culp NEW YORK, July 23 (Reuters) - Wall Street gained ground for the fourth straight session on Friday, extending a rally that pushed all three major U.S. stock indexes to record closing highs as upbeat
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