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The United States stops granting export licenses to the Chinese company Huawei – sources

Jan. 30 (Reuters) – The Biden administration has stopped approving licenses for U.S. companies to export most items to China’s Huawei, according to three people familiar with the matter. Huawei has faced US export restrictions on 5G items and other technologies for several years, but officials in the US Commerce Department have granted licenses to …

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Oil is falling ahead of the OPEC + and US Federal Reserve meetings

Leave a Comment / Business / By Niko

SINGAPORE (Reuters) – Oil prices fell on Monday, giving up previous gains, as global producers are likely to keep output unchanged at this week’s meeting and investors remain cautious ahead of a US Federal Reserve meeting that could spur market volatility. . Brent crude futures fell 20 cents, or 0.2 percent, to $86.46 a barrel …

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FTX founder Bankman Fried objects to tighter bail, prosecutors say ‘put him in a sandbag’

Leave a Comment / Business / By Niko

NEW YORK (Reuters) – Attorneys for Sam Bankman-Fried urged a U.S. judge on Saturday not to block the accused FTX cryptocurrency executive from communicating with former colleagues as part of his bail release, saying prosecutors had “sandbagged” their placement process. The client is in the “worst possible light”. The lawyers were responding on Friday evening …

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Exclusive: Binance transferred $346 million to cryptocurrency exchange Bitzlato, according to data

Leave a Comment / Business / By Niko

LONDON (Reuters) – Blockchain data seen by Reuters shows that crypto giant Binance processed nearly $346 million in bitcoin for digital currency exchange Bitzlato, whose founder was arrested by US authorities last week for allegedly running a “money laundering engine.” The Justice Department said so on January 18th Bitzlato’s co-founder and majority shareholder was charged …

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