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Binance is backing out of its plans to acquire FTX, the company said Wednesday, leaving Sam Bankman-Fried’s crypto empire on the verge of collapse. The reversal comes one day after Binance CEO Changpeng Zhao announced that the world’s largest cryptocurrency firm had reached a non-binding deal to buy FTX’s non-U.S. businesses for an undisclosed amount, rescuing the
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Volodymyr Zelenskyy has urged Ukrainians to “be restrained” and cautious following the Russian order to withdraw troops from the key southern city of Kherson. In his nightly address, the Ukrainian president warned that the “enemy does not bring us gifts” and suggested that Moscow’s retreat from Kherson could be a ruse to lure Ukrainian forces
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A lithium-ion battery photographed at a Volkswagen facility in Germany. Lithium-ion batteries are crucial components in electric vehicles. Jan Woitas | Picture Alliance | Getty Images LONDON — A facility described as the U.K.’s “first large-scale lithium refinery” will be located in the north of England, with those behind the project hoping its output will
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9:00 AM ET Dmitry Bivol defended his WBA light heavyweight title with an impressive unanimous-decision victory over Gilberto “Zurdo” Ramirez and positioned himself as one of the best pound-for-pound fighters currently in boxing. With the victory, Bivol moved from No. 8 to No. 7, while also creating a gap between him and fellow 175-pound champion
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Rishi Sunak has said it is “absolutely right” that Sir Gavin Williamson resigned and admitted he has “regret” over appointing him as a cabinet minister in light of the allegations he is facing. The prime minister insisted he “did not know about any of the specific concerns” relating to Sir Gavin’s alleged “unacceptable” behaviour in
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