Crowds took to the streets in Xinjiang's capital of Urumqi, chanting "End the lockdown!" and pumping their fists in the air, after a deadly fire on Thursday triggered anger over their prolonged COVID-19 lockdown.
- BusinessThin Black Friday crowds mark U.S. holiday shopping kickoff
Thin crowds of inflation-weary consumers hunted for Black Friday deals at stores in big cities.
- BreakingviewsBreakingviews: Crypto winter highlights gold’s warming qualities
The crypto winter is bitterly cold. The frost set in earlier this year with the collapse of Terra, a digital token supposedly pegged to the U.S. dollar. The recent failure of Sam Bankman-Fried’s FTX exchange has further lowered the temperature. The aggregate market capitalisation of cryptocurrencies has shrunk by more than $2 trillion, a fall of some 70% from the peak, according to CoinMarketCap.com. As institutional investors run for the hills, financial regulators are closing in. The inevitable question arises: do cryptocurrencies have a future? To which the answer is: not under anything resembling normal circumstances.
- IndiaIndia's first private rocket company looks to slash satellite costs
The startup behind India's first private space launch plans to put a satellite into orbit in 2023 and expects to be able to do so at half of the cost of established launch companies, the founders of Skyroot Aerospace told Reuters in an interview.