Finance

US sanctions Iranian financiers, others over $100M in cryptocurrency transfers from Iran oil sales

US sanctions Iranian financiers, others over $100M in cryptocurrency transfers from Iran oil sales

WASHINGTON (AP) — A pair of Iranian financiers and more than a dozen people and firms across Hong Kong and the United Arab Emirates were sanctioned Tuesday for allegedly coordinating $100 million...

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Ethereum core devs could double their salaries at other blockchains

Ethereum core devs could double their salaries at other blockchains

A version of this article appeared in our The Decentralised newsletter on September 16. Sign up here. Apparently, it doesn’t pay to be an Ethereum developer. Software developers who work to mainta...

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Eli lilly to invest $5 billion in new Virginia plant as pharma braces for tariffs

Eli lilly to invest $5 billion in new Virginia plant as pharma braces for tariffs

(Reuters) -Eli Lilly said on Tuesday it will invest $5 billion to build a manufacturing facility in Virginia, the first of four new U.S. plants the drugmaker has planned as it moves to expand dom...

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Chevron, Israeli pipeline operator to kickstart new gas pipeline to Egypt

Chevron, Israeli pipeline operator to kickstart new gas pipeline to Egypt

By Shadia Nasralla and Stephanie Kelly LONDON (Reuters) -Chevron signed a deal with Israel’s state-owned pipeline operator to kickstart construction of the Nitzana natural gas pipeline to t...

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US business inventories increase moderately in July

US business inventories increase moderately in July

WASHINGTON(Reuters) -U.S. business inventories increased marginally in July amid a surge in sales, government data showed. Inventories rose 0.2% after advancing by the same margin in June, the Co...

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MGX co-invests with Silver Lake in Altera acquisition

MGX co-invests with Silver Lake in Altera acquisition

DUBAI (Reuters) -MGX, an Abu Dhabi artificial intelligence investment firm and partner of Silver Lake, said on Tuesday it has joined the buyout group in acquiring a majority stake in California p...

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