Trafigura Posts Record $7Bn Profit In Blowout Year

Earnings more than doubled in the 12 months through September, Trafigura said on Thursday, while revenue surged to $318.5 billion. The oil and petroleum products business had “an exceptionally strong year,” said Chief Financial Officer Christophe Salmon. The volatility and disruptions sparked by the war have helped create the most profitable period in history for…

Coinbase CEO Brian Armstrong slams media for treating Sam Bankman-Fried with ‘kid gloves’

The boss of the giant crypto exchange Coinbase has accused mainstream media outlets of being too soft in their coverage of disgraced FTX founder Sam Bankman-Fried, even as billions in customer funds remain missing. Coinbase CEO Brian Armstrong blasted the treatment Bankman-Fried has received during an ongoing media apology tour that has included widely scrutinized…

Cops warn that killer of University of Idaho students could strike again during this weekend’s commencement

Much maligned Idaho cops — under pressure to find the killer who murdered four college kids last month — warned locals and visitors to be careful Saturday as winter commencement festivities got underway. Authorities cautioned those in the area to stay vigilant and travel in groups during the celebration because the killer is still on…

Israel warns will bomb Beirut airport if it’s used for Iran weapon shipments

Israel has warned Lebanon that it could bomb Beirut’s international airport, according to one Saturday report, after an earlier report claimed Iran had recently transferred weaponry to the Hezbollah terror group via civilian flights. Asharq Al-Awsat, an Arabic-language newspaper published in London, cited unidentified Israeli political sources as saying Israel was investigating claims by the…