By Medha Singh
(Reuters) - Trading stocks and bonds on blockchains at scale will remain a dream unless a global standard for cross-border activity is established that allows assets to move seamlessly across blockchains, according to a report published on Thursday.
So-called tokenised assets - which represent the underlying assets - are exchanged on distributed ledger technology (DLT) that are also used for cryptocurrencies. Banks hope... (continue reading...)
NEW YORK (Reuters) - Emerging markets attracted foreign portfolio inflows for a seventh straight month in May thanks to investors pouring money into bonds, but persistently high U.S. interest rates are dimming the outlook, a report from a banking trade group showed.
The Institute of International Finance (IIF) said net non-resident portfolio flows into emerging markets came in at $5.5 billion in May compared to a revised $8.2 billion inflow in April,... (continue reading...)
(Reuters) -Nestle Health Science will buy the rights to Seres Therapeutics' Vowst, the companies said on Thursday, gaining access to the first ever pill alternative to fecal transplants for a deadly infection.
Nestle's unit will pay an undisclosed payment to Massachusetts-based Seres, and the drug maker will also receive capital infusions, the companies said.
Vowst fits within Nestle Health Science's expertise, Moreno Perugini, president... (continue reading...)
BERLIN (Reuters) - The German parliament's budget committee is expected to decide on a procurement proposal to purchase two more frigates for 3.18 billion euros ($3.46 billion) on Wednesday, according to a parliamentary source.
German Defence Minister Boris Pistorius announced the government's plans to order the frigates, which requires parliament's approval, at a keel-laying ceremony in northern Germany on Monday for the first of now six F126... (continue reading...)
KYIV (Reuters) - Ukraine's Ukrhydroenergo said on Thursday it had initiated international arbitration seeking damages for Russia's destruction of the Kakhovka Dam and power station in June 2023.
The state-run hydro-electric company estimated the damage at 2.5 billion euros ($2.72 billion), it said.
The Kakhovka dam, one of six dams on the Dnipro river that carves through central and southern Ukraine, was captured at the start of Moscow's... (continue reading...)
More Reuters
View Older Stories-
Trade union says UK's Rwanda deportation policy makes officials break law
-
Bolivian scientists to track glacial changes at high speed with new equipment
-
Delta seeks new Seattle flight as airlines jockey over DC slots
-
Robinhood bets big on crypto with $200 million deal for Bitstamp
-
MNC Capital raises offer to acquire Vista Outdoor to over $3 billion
-
As ties thaw with Saudi Arabia, thousands of Syrians fly there for haj
-
South Africa's ANC meets to decide on preferred partners to govern
-
Telespazio teams with Musk's SpaceX for Starlink services
-
Russia to build high-speed railway between Moscow and St. Petersburg
-
Mediators press Hamas over Gaza ceasefire plan touted by Biden
-
Staff at drugmaker under U.S. scrutiny worked with Chinese military scientists
-
China's Nio expects second-quarter EV sales to more than double
-
Futures pause after tech-led rally; Nvidia continues to climb
-
Remy Cointreau's shares rise as investors bet on recovery
-
Hungary will attend Ukraine conference in Switzerland, minister says
-
Kremlin says Kyiv's backers will face consequences after Putin says he may arm West's enemies
-
Morning Bid: New highs as Nvidia tops Apple, ECB and BoC easing
-
US solar projects could boom amid deadline to use up tax-exempt panel glut
-
Small business may show a coming US hiring slowdown
-
Washington state pioneers program to turn inmates into wildland firefighters
-
How Devon Energy missed out on the US oil and gas mega-deal wave
-
Boeing's Starliner capsule set for docking with space station
-
Trump in liberal San Francisco for high-dollar tech fundraiser
-
Migrants from around the world traverse California desert to reach US
-
Plug-in polluters? How Biden's emissions rules go soft on hybrid trucks, SUVs
-
Turkey launches probe into Apple on limitations over payment systems
-
Prosecution expected to rest case in Hunter Biden's gun trial
-
Blizzard in the Himalayas traps trekkers, killing nine from India
-
Malaysia evicts 500 sea nomads in crackdown on migrants, activists say
-
Passports please! British paratroopers met by French customs after D-Day airdrop
-
Mercedes chief expects EU decision on Chinese EVs tariffs soon
-
Indonesia accepts South Korea warship donation, despite cost concerns
-
Netherlands kicks off four-day European Parliament election
-
Tennis-Djokovic undergoes successful knee surgery after withdrawing from French Open
-
US soldier goes on trial in Russia for threatening to kill girlfriend
-
Bulgaria holds another snap election to end political instability
-
Gaza government media office director, health ministry official say 40 killed in Israeli strike on Nuseirat school
-
NATO's Stoltenberg: allies must ensure continuity of military support to Ukraine
-
Spain requests to intervene in South Africa's Gaza genocide case against Israel at ICJ
-
UK construction sector records fastest growth in two years, PMI shows
-
Rescue efforts wind down after deadly Papua New Guinea landslide
-
Analysis-Pope's friends, observers try to make sense of homophobic PR disaster
-
Asian stocks see foreign outflows in May, India leads net selling
-
China says it never uses EV subsidies barred by WTO
-
China's Space Pioneer raises $207 million to fund development of reusable rockets
-
A year after Greece migrant boat tragedy, answers and justice still out of reach
-
China says open to space cooperation with US but 'hurdles' remain
-
China's Chang'e-6 transfers moon samples to spacecraft, set for return to Earth
-
Sudan's RSF kills at least 100 in attack on village, activists say
-
Russian central bank urges global integration despite sanctions