Oil prices edged lower on Tuesday, January 16, as investors weighed the impact of tensions in the Middle East against a stronger dollar and cooled expectations of US interest rate cuts. An escalating shipping crisis in the Red Sea and Iranian missile strikes on targets in Syria and Iraq added to the geopolitical risk premium
Saudi Crown Prince Mohammed bin Salman (right) welcomes Chinese President Xi Jinping in Riyadh on December 8, 2022. Photo: AFP “Middle Eastern sovereign wealth funds see opportunities in the attractive valuations of Chinese companies at the moment, and in the medium to long-term they are also very bullish on China and want to strengthen ties
Bitcoin and other cryptocurrencies were mixed Wednesday as traders took stock of the recent rally, and appeared to be waiting for more catalysts ahead of expected regulatory approval of exchange-traded funds that hold Bitcoin. Bitcoin has traded up 0.4% over the last 24 hours to $42,726. The largest cryptocurrency has largely traded in a range
HERZLIYA, Israel (Reuters) – Nearly 7,000 miles away in Portland, Oregon, venture capitalist George Djuric said he was compelled to visit Israel during the country’s war with Palestinian militant group Hamas and to pledge support for the high-tech sector. Djuric, chief technology officer at yVentures who arrived in the United States as a 3-year-old refugee