Energy & Green Tech

Drought squeezes Brazil's electricity supply

Brazil's worst drought in almost a century is threatening electricity supply and critical crops, pushing up energy and food prices at a time the country was hoping to start recovering from the economic fallout of the coronavirus ...

Business

ECB inches closer to 'digital euro'

The European Central Bank inched closer to a "digital euro" on Wednesday with the formal launch of a pilot project, but questions remain about potential pitfalls and benefits for eurozone citizens.

Business

Bitcoin tumble slows with help from Elon Musk

Bitcoin's value plunged on Wednesday after China signaled a new crackdown on the cryptocurrency, but its losses were cushioned after Tesla head Elon Musk spoke up on Twitter.

Business

China summons internet firms to warn over unfair competition

Financial regulators in China summoned 13 internet companies on Thursday to call for changes to their fintech operations, the central bank said in a notice, as Beijing ramps up scrutiny on monopolistic practices in the country's ...

Business

Turkey arrests 4 in new digital currency platform probe

Turkish authorities arrested four people Monday on fraud charges in connection with an investigation into a local cryptocurrency trading platform—the second to be probed in recent days.

Business

Chinese regulator orders Ant Group to conduct major overhaul

Chinese regulators have ordered Ant Group, a financial affiliate of e-commerce giant Alibaba Group Holding, to become a financial holding company to ease financial oversight amid stepped up scrutiny of technology firms.

page 1 from 5