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Arrested Belarusian blogger from Ryanair plane is held in a jail – ministry By Reuters

MOSCOW (Reuters) - A Belarusian blogger, Roman Protasevich, who was detained when the Ryanair plane from Athens to Vilnius was forced to land in Minsk on Sunday, is being held in a jail, the interior ministry said on Monday. It added he has not complained of ill health. Minsk scrambled a warplane to escort the Ryanair flight on Sunday, flagging a bomb alert that proved false once the plane had made an unscheduled landing in Belarus where authorities arrested Protasevich, a journalist critical of Belarusian leader Alexander Lukashenko. ...

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Cryptocurrencies rebound from Sunday sell-off, bitcoin still down 40% from high By Reuters

By Tom Wilson, Tom Westbrook and Stephen Culp NEW YORK (Reuters) -Digital currencies bounced back on Monday, regaining ground lost during a weekend sell-off that was sparked by renewed signs of a Chinese crackdown on the emerging sector. Bitcoin was last up 7% at approximately $37,600, erasing losses of 7.5% from a day earlier but still down by more than 40% from last month's record high. Second-largest cryptocurrency ether jumped nearly 19% to $2,491 after slumping more than 8% on Sunday to near a two-month low. Yet it too has fallen by almost half from...

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Shell to sell interest in Deer Park refinery to partner Pemex By Reuters

(Reuters) - Royal Dutch Shell (LON:RDSa) said it would sell its interest in the Deer Park Refinery joint venture to partner Petroleos Mexicanos for about $596 million, the latest move by the European oil major to cut its global refining footprint. Operated by Shell, the Deer Park complex in Texas includes a petrochemical complex and it also refines crude from Africa, South America and the United States. Shell said on Monday one of its units would continue to operate the chemicals facility adjacent to the refinery. (https://go.shell.com/2TebwgC) The sale comes as Shell tries to shrink its...

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FTSE 100 finishes in the green, crude and cryptos rally By Investing.com

Key Points FTSE 100 closing price of 7,053, +0.5% Cineworld shares jump as cinemas reopen Oil rallies on Iran deal doubts Cryptos reclaim some lost ground USD index falls back below 90.00. EUR/USD breaks above 1.22 By Samuel Indyk Investing.com – The FTSE 100 finished higher on Monday in a relatively quiet day following some of the volatility seen during the last few weeks. Shares in Cineworld (LON:CINE) rallied over 3% after the company provided an update on their first weekend of trading since UK cinemas were allowed to reopen. Although the cinema chain didn’t give...

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Bank of England’s Bailey calls crypto-currencies ‘dangerous’ By Reuters

LONDON (Reuters) - Bank of England Governor Andrew Bailey said on Monday that crypto-currencies and similar assets were a danger to the public, reiterating his long-standing concern about them. "I'm sceptical about crypto-assets, frankly, because they're dangerous and there's a huge enthusiasm out there," Bailey told the British parliament's Treasury Committee. Bailey has previously said people should only invest in crypto-currencies if they are prepared to lose all their money, and warned that assets such as bitcoin do not fulfil key functions of a standard means of payment. Bitcoin has lost more than 40% of...

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BoE’s Bailey says would be concerned if price pressures spread By Reuters

LONDON (Reuters) - The Bank of England would need to rethink its monetary policy stance if inflation pressures spread beyond a handful of sectors suffering bottlenecks due to the coronavirus pandemic, Governor Andrew Bailey said on Monday. "If we were to see signs that pricing pressure was becoming more generalised, then for me that would be a signal which would cause us to then have to evaluate where we were in terms of guidance, and at what point the guidance falls away," he said. "We are going to have to be looking at the entrails...

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UK seeking details on passengers who left Belarus plane By Reuters

LONDON (Reuters) - British Foreign Secretary Dominic Raab said on Monday that the West was trying to piece together the full picture of who exactly left the Ryanair plane in Minsk to understand who was involved in the Belarusian jet incident. "We're trying to glean a full picture of what happened and who was involved," Raab told Reuters. "That's again another reason why we're talking very closely to our European and other partners." Britain, Raab said, was coordinating with European partners and Five Eyes on possible sanctions against Minsk. "We want as many countries as possible...

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Ryanair plane diverted to Belarus ‘had to land there’ – aviation experts By Reuters

(Reuters) - The captain of the Ryanair plane intercepted by a Belarusian warplane and forced to land in Minsk after what turned out to be a false bomb threat had little choice but to comply, aviation experts and pilots said. The scrambling of a warplane by Belarus to arrest a journalist, Roman Protasevich, has provoked outrage among Western leaders and prompted several airlines to divert flights away from Belarusian airspace. "If the interceptor directed the Ryanair flight to Minsk, then they had to land there," said John Cox, a former US Airways pilot who is now...

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Moderna Gains On Expanded Pact With Plasmid DNA Supplier By Investing.com

By Dhirendra Tripathi Investing – Moderna (NASDAQ:MRNA) shares rose more than 2% Monday as the company sought to strengthen its global presence as a key supplier of Covid-19 vaccines by expanding its agreement with Aldevron, its existing supplier of plasmid DNA. Moderna and Pfizer (NYSE:PFE)-BioNTech's (NASDAQ:BNTX) Covid-19 vaccines, based on mRNA technology, have been found to be most efficient in developing antibodies against the coronavirus. Aldevron’s production of DNA is already taking place in its 70,000 square foot facility in Fargo, North Dakota. Buildout and validation of an...

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Musk says he supports crypto in battle with fiat money (May 22) By Reuters

(Corrects paragraph six of May 22 story make clear Musk called "dogecoin" a hustle, not bitcoin) (Reuters) -Tesla Inc Chief Executive Officer Elon Musk tweeted on Saturday that in a battle between fiat and cryptocurrencies, his support is with crypto. "The true battle is between fiat & crypto. On balance, I support the latter," he said https://twitter.com/TheRealShifo/status/1396034017179406338 on Twitter in reply to a user who asked him what his thoughts were about people who were angry at him because of crypto. Musk has previously compared bitcoin to fiat money and often tweets about cryptocurrencies...

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