Tag Archives: swept

Bitcoin Gets Swept Up in Global Selloff as Stocks Stumble

(Bloomberg) — Cryptocurrency prices slumped as a broad selloff sparked by worries about contagion from China Evergrande Group swept through global markets. Most Read from Bloomberg Bitcoin was down 8.1% to trade around $43,743 as of 5:11 p.m. in New York. It had dropped as much as as 10.7% earlier, which pushed it below $43,000 and to its lowest level since the beginning of August. Ether briefly dropped below $3,000. Popular DeFi tokens some of the biggest declines: Cardano fell more than 10%… Source link

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BP’s oil exploration team swept aside in climate revolution

By Ron Bousso LONDON (Reuters) – Nothing escapes the winds of change now sweeping through BP, not even the exploration team that for more than a century powered its profits by discovering billions of barrels of oil. Its geologists, engineers and scientists have been cut to less than 100 from a peak of more than 700 a few years ago, company sources told Reuters, part of a climate change-driven overhaul triggered last year by CEO Bernard Looney. “The winds have turned very chilly in the… Source link

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