Just three months ago, a tech project called Tezos raised $232 million online in a wildly successful "initial coin offering." At the time, it was the most money ever raised from the public in the cryptocurrency sector - now, the venture is in danger of falling apart.
Business & Financial News, U.S & International Breaking News
Iran's Guards say missile program will accelerate despite pressure: agency
Iran's elite Islamic Revolutionary Guards said on Thursday that the country's ballistic missile program would accelerate despite pressure from the United States and European Union to suspend it, the semi-official Tasnim news agency reported.
White House says Trump's check to military family has been sent
That was the message from the White House on Wednesday after the father of a slain U.S. Army sergeant said a generous offer from President Donald Trump had not materialized.
Pakistani anti-corruption court indicts ousted PM Sharif and daughter
A Pakistani anti-corruption court on Thursday indicted ousted Prime Minister Nawaz Sharif and his daughter over allegations linked to ownership of London properties, pressing charges over accusations that could see the former leader jailed.
Ardern to be next NZ prime minister, spelling big change for economy
New Zealand's next prime minister will be Jacinda Ardern, whose Labour party won the support of a small nationalist party to form the government, spelling big changes for a small but open economy, whose currency hit a 4-1/2-month low on the news.
World stocks stumble after all-time high, kiwi takes a dive
World stocks set a fresh record high before stalling in Europe on Thursday, as the longest winning streak for Japanese stocks since 1998 and the first close above 23,000 for Wall Street's Dow index helped to offset nerves in Spain.
Japan carmakers vouch for safety of some Kobe Steel parts; company future uncertain
Three Japanese automakers on Thursday said they found no safety issues with aluminum parts made by Kobe Steel Ltd , allaying some concerns that falsified quality data on products from the steelmaker had compromised their vehicles.
Exp: Oct 17
Exp: Oct 17
Exp: Oct 17
There is no doubt that in the wake of efforts by global oil producers to curb production that the crude market is rebalancing, and doing so at an accelerating pace, OPEC's secretary-general said on Thursday.