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Bitcoin falls 9.3% to $36,955

Jan 21 (Reuters) - Bitcoin BTC=BTSP dropped 9.28% to $36,955.03 at 22:02 GMT on Friday, losing $3,781.02 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is up 2.4% from the year's low of $36,146.42. Ether ETH=BTSP , the coin linked to the ethereum blockchain network, dropped 12.27% to $2,631.35 on Friday, losing

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ECB's Rehn expects euro zone inflation of around 2% in next two years -Handelsblatt

BERLIN, Jan 23 (Reuters) - The drivers of inflation in the euro zone will subside over the course of the year and inflation will hover around the European Central Bank's price stability target of 2% in the next two years, Finnish central bank chief Olli Rehn was quoted as saying on Sunday. In a pre-released interview with German business daily Hand

China Evergrande appoints EV unit chairman as executive director

Jan 23 (Reuters) - China Evergrande Group 3333.HK said on Sunday it had appointed its Energy Vehicle unit's chairman as an executive director. Evergrande said in a Hong Kong Stock Exchange filing that Siu Shawn, 50, who was chairman of the board of China Evergrande New Energy Vehicle Group Limited 0708.HK , had entered into a service contact for th

China Evergrande Says Siu Shawn Appointed As Executive Director

Jan 23 (Reuters) - China Evergrande Group 3333.HK : * SIU SHAWN HAS BEEN APPOINTED AS EXECUTIVE DIRECTOR * LAI LIXIN HAS RESIGNED AS EXECUTIVE DIRECTOR * HUANG XIANGUI HAS RESIGNED AS EXECUTIVE DIRECTOR Source text for Eikon: ID:nHKS1BzhBn Further company coverage:

Wall St Week Ahead-Investors shelter in U.S. regional banks as Fed hikes loom

By David Randall NEW YORK, Jan 21 (Reuters) - Expectations of rising interest rates are bolstering the shares of regional banks, as a tumble in technology stocks pushes investors to search for assets that could thrive amid higher yields and tighter Federal Reserve policy. The SPDR S&P Regional Banking ETF KRE.P was up 2% year-to-date on Friday afte
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Germany's Lufthansa in talks to buy 40% stake in Italy's ITA Airways - sources

By Michael Nienaber and Giuseppe Fonte BERLIN/ROME, Jan 23 (Reuters) - Germany's flagship carrier Lufthansa LHAG.DE is in talks to buy a 40% stake in state-owned Alitalia's successor ITA Airways, two people familiar with the negotiations said on Sunday, following a newspaper report that a deal could be unveiled next week. The talks about a tie-up b
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UK warns Russia will face severe sanctions if it puts 'puppet regime' in Ukraine

* UK says Moscow wants to put pro-Russian leader in Ukraine * Russia dismisses comments as 'disinformation' * Ukraine official says allegations must be taken seriously * Russia has massed troops near Ukraine border By Paul Sandle, Michael Holden and Natalia Zinets LONDON/KIYV, Jan 23 (Reuters) - Russia will face severe economic sanctions if it inst

Lebanon's financial crisis and how it happened

* Unfettered spending after war brought nation to its knees * Gulf states withdrew support as Iran's influence increased * Political paralysis, infighting have hampered recovery * Middle East turmoil, Beirut blast added to pressures By Edmund Blair Jan 23 (Reuters) - Lebanon is grappling with a deep economic crisis after successive governments pile

Penny pinching and power cuts; Lebanon's middle class squeezed by crisis

* Lebanon economy collapsed in 2019 under a mountain of debt * Sectarian leaders have been unable to fix problems * Middle-income families face stark choices amid crisis * Gulf donors step back amid rising Iranian influence By Edmund Blair and Laila Bassam BEIRUT, Jan 23 (Reuters) - Lebanese school teacher Sara Wissam and her husband were comfortab

Japan's Tepco hit by setback in clean-up of crippled Fukushima nuclear plant

TOKYO, Jan 23 (Reuters) - The operator of Japan's crippled Fukushima nuclear power plant has found that a coolant solution, used to create an ice wall halting the seepage of groundwater into reactor buildings, has leaked from two storage tanks. The leakage has had no impact on the wall or environment, said Tokyo Electric Power Co Holdings Inc (Tepc

Japan's Tepco hit by setback in clean-up of crippled Fukushima nuclear plant

TOKYO, Jan 23 (Reuters) - The operator of Japan's crippled Fukushima nuclear power plant has found that a coolant solution, used to create an ice wall halting the seepage of groundwater into reactor buildings, has leaked from two storage tanks. The leakage has had no impact on the wall or environment, said Tokyo Electric Power Co Holdings Inc (Tepc

S.Korea says Iran to regain UN vote after delinquent dues paid with frozen funds

SEOUL, Jan 23 (Reuters) - Iran is expected to regain its vote in the U.N. General Assembly after South Korea paid Tehran's delinquent dues to the world body with frozen Iranian funds in the country, South Korea said on Sunday. Iran had regained Link its U.N. voting rights in June after a similar payment, but said this month it had lost Link them ag

Factors to watch - January 23

DUBAI, Jan 23 (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-Bond yields tumble as Netflix fuels stock market sell-off * Oil slides on Friday, but climbs for 5th week on supply concerns *

Bitcoin falls again, last down 4%

Jan 22 (Reuters) - Bitcoin BTC=BTSP dropped again on Saturday and was last down around 4% for the day, hovering around the $35,000 level. Bitcoin, the world's biggest and best-known cryptocurrency, is now about half its $69,000 peak in November. It was last at $35,049, after falling as low as $34,000 and following a steep fall on Friday. The curren

Bitcoin falls 5.6% to $34,448

Jan 22 (Reuters) - Bitcoin BTC=BTSP dropped 5.6% to $34,448.94 at 18:10 GMT on Saturday, losing 1,878.27 from its previous close. Bitcoin, the world's biggest and best-known cryptocurrency, is up 1.8% from the year's low of $34,000 on Jan. 22. Ether ETH=BTSP , the coin linked to the ethereum blockchain network, dropped 8.4% to $2,352.72 on Saturday

Germany mulls scrapping energy bill surcharge early as prices rise

BERLIN, Jan 22 (Reuters) - The German government may scrap this year a surcharge on electricity bills used to support renewable power, to ease the strain of rising energy costs on millions of households, Social Democrat (SPD) co-leader Lars Klingbeil said on Saturday. Germany's three ruling parties agreed in their coalition deal presented in Novemb

EU in touch with partners to boost gas supplies, energy commissioner says

Jan 22 (Reuters) - The European Union is talking with partners about the potential for increasing gas supplies to the bloc, Energy Commissioner Kadri Simson said after a meeting with European energy ministers in France on Saturday. A gas supply crunch in Europe, widely blamed on a dearth of gas flows from Russia, has caused energy prices to soar. M

Lebanon to start virtual talks with IMF next week

Jan 22 (Reuters) - Lebanese officials will start talks with the International Monetary Fund on Monday, an official government source told Reuters. An IMF spokesperson also told Reuters on Saturday that a team will start virtual talks with Lebanese authorities next week. The Lebanese government has said it hopes to reach an initial agreement with th

Southern Japan earthquake injures 13, no tsunami warning

(Recast with details) TOKYO, Jan 22 (Reuters) - An earthquake with a magnitude of 6.6 jolted southwestern Japan early on Saturday morning, injuring 13 people, the authorities and local media said. No tsunami warning was issued after the quake struck with an epicentre 45 km (30 miles) deep at 1:08 a.m. (1608 GMT on Friday) off the coast of Kyushu, t

China's Beijing to maintain COVID emergency status as Winter Olympics loom

SHANGHAI/BEIJING, Jan 22 (Reuters) - China's capital Beijing urged all its local districts on Saturday to maintain "full emergency mode" as the city continued to report new local coronavirus cases, less than two weeks before the start of the Winter Olympic Games. A total of 27 domestically transmitted cases with confirmed symptoms and five local as

Mexico faces risks to growth, credit rating from energy bill -JP Morgan

Jan 21 (Reuters) - Mexico faces risks to economic growth and potential for a credit rating downgrade in the medium term from political developments including the likely passage of a controversial energy bill, JP Morgan said in a report. According to the bank, President Andrés Manuel López Obrador's plan to tighten state control of the electricity



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