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Bill Gates blasts cryptocurrencies, NFTs as based on 'greater-fool' theory

Bitcoin plunged more than 15% Monday and another 5.4% Tuesday, part of a broader crypto selloff fueled by higher than forecast US inflation

Amid Ukraine's invasion, Putin prepares to declare himself a conqueror

More than three months into the so-called "special military operation," the Kremlin has made no official announcement about how it sees the future of the territories it has grabbed

China's economy shows mixed recovery in May with consumers under strain

The recovery of China's industrial output was helped by a rebound in the car sector as auto production centers like Jilin and Shanghai reopened

Putin might have started food fight but rest of the world can still win

Ukraine's Black Sea ports are blocked by mines to protect the shoreline from attack by Russia's navy, which is also bottling up shipments

China says telescope may have picked up signals from alien civilisations

Sky Eye -- the world's largest radio telescope -- detected narrow-band electromagnetic signals, which may have been signs of alien civilisations

BTS announces shift to solo work, leading to a $1.7 bn rout in the market

Bangtan Boys, more commonly called BTS, made the announcement to pursue solo projects in a video posted on YouTube, which has already got more than 10 million views.

World's central banks got it wrong on inflation and economies pay the price

ECB President Christine Lagarde has lately also turned more hawkish than she previously indicated, and the Reserve Bank of Australia is among those raising rates faster than policy makers had signaled

Hopes for grand redemption of WTO fade as India sticks to fishing demands

Piyush Goyal told a meeting of delegates Tuesday that it would not bend on demands for extensive exceptions on a 20-year negotiation to curb harmful government fishery subsidies

Rewritten schoolbooks say Hong Kong was never British colony: Report

The four sets of textbooks for a class on citizenship say the Chinese government never recognized the 19th-century treaties that handed Britain control of Hong Kong

World's richest have lost $1.4 trillion in 2022 after rapid gains

It's a stark contrast to last year, when soaring markets boosted the world's population of high-net-worth individuals by about 8%, including 13 per cent in North America

China's 'iPhone City' may be using Covid-19 controls on protesters

Such alleged use of health-code apps to track people beyond their intended purpose has caused a firestorm

Europe's plan to quit Russian fuel plunges Pakistan into darkness

In order to avoid blackouts during the Eid holiday last month, the Pakistan government paid nearly $100 million to procure a single LNG shipment from the spot market

Millennials hunting for returns drive risk-hungry investing in India

Indian retail investors pouring money into new and lightly controlled assets sets India apart, after the pandemic fueled the rise of retail investors globally

Growth optimism sinks to a record low, says Bank of America survey

Global profit expectations also dropped to 2008 levels

Elvis-themed wedding chapels face a new fee for the King in Las Vegas

Baz Luhrmann's 'Elvis' biopic is set to hit theaters later this month, potentially stoking more interest in weddings featuring the singer's lookalikes

Mukesh Ambani's consumer empire gets a cricket spin with IPL digital rights

The spoils from the digital rights for Indian Premier League cricket, snagged by billionaire Mukesh Ambani's Viacom18 by dethroning Walt Disney & Co. for the next five years

How California's aesthetic regulation created a supply-chain crisis in US

The Port of Los Angeles is two nautical miles from the Port of Long Beach, and the two account for about 40% of U.S. container traffic

North Carolina-based Indian eatery Chai Pani voted best restaurant in US

Other winners included the Native American restaurant Owamni in Minneapolis, where the staff is 75% indigenous, as Best New Restaurant

Market's wild ride evokes memories of trading before Lehman blowup

Two-year US Treasury yields surged 29 basis points as bond prices tanked. The yield jumped 54 basis points since Thursday night, the biggest two-day increase since 2008

Sanjeev Gupta's Liberty Steel says reached a standstill with Greensill Bank

Sanjeev Gupta's Liberty Steel said it reached a standstill agreement with Greensill Bank AG, its largest creditor, on debt facilities relating to its European steel businesses