Budweiser World Cup campaign curbed, not crashed, by Qatar beer ban

Breadcrumb Trail Links PMN Business Author of the article: Reuters Philip Blenkinsop Publishing date: Nov 19, 2022  •  19 minutes ago  •  3 minute read Join the conversation Article content BRUSSELS — A last-minute decision to ban the sale of alcohol at Qatar’s World Cup stadiums will seriously limit Budweiser sales in the Gulf state, but … Read more

BOE’s Nightmare Scenario Came to Life as UK Markets Crashed

(Bloomberg) — Last week, the Bank of England was confronted with a nightmare scenario it had long feared. A corner of UK financial markets faced a liquidity crunch at a time of soaring inflation and all the BOE could do in response was buy government debt. Most Read from Bloomberg The £65 billion ($72 billion) … Read more

The British pound just crashed 5% to a 37-year low against the US dollar today — here’s why currency carnage continues across the pond

The British pound just crashed 5% to a 37-year low against the US dollar today — here’s why currency carnage continues across the pond On Monday, the British pound dropped to a record low against the U.S. dollar. The U.K.’s currency lost 4.7% overnight to trade at $1.035. That’s below the previous record of $1.05 … Read more

Dogecoin has crashed 75% against Bitcoin since Elon Musk’s SNL appearance

Dogecoin (DOGE) may be back in the top-ten cryptocurrency by market capitalization, but its loses in both USD and Bitcoin (BTC) terms since Elon Musk’s SNL appearance are considerable. Dogecoin loses Musk-effect The DOGE/BTC trading pair has fallen 75% after peaking out at 1,287 satoshis on May 9, 2021, a day after Musk was a … Read more

Ethereum’s potential fork ETHPOW has crashed 80% since debut — More pain ahead?

The listing of ETHPOW (ETHW) across multiple crypto exchanges has been followed by a huge drop in price despite some initial success.  ETHPOW drops 80%  On the daily chart, ETHW’s price dropped by more than 80% to $25 on Sept. 10, over a month after its market debut. ETHW/USD daily price chart. Source: TradingView For … Read more

3 reasons why Binance Chain (BNB) rallied 66% since the crypto market crashed

BNB, the native token of Binance’s BNB Chain (BNB), has bounced 66% from its $183 low in mid-June. The move consolidates its position as the third-ranked cryptocurrency (when stablecoin market caps are removed) and reflects a $50 billion market capitalization. BNB has outperformed the broader altcoin market capitalization after a devastating 73% correction that began … Read more

A chemical tanker and cargo ship crashed near southwestern Japan : NPR

This aerial photo shows Belize-registered cargo ship Xin Hai 99 after a collision off of Kushimoto, Wakayama prefecture in southwestern Japan on Saturday. Kyodo News via AP hide caption toggle caption Kyodo News via AP This aerial photo shows Belize-registered cargo ship Xin Hai 99 after a collision off of Kushimoto, Wakayama prefecture in southwestern … Read more