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FTX-tied Alameda gets $175 million claim on Genesis bankruptcy estate
(Reuters) - FTX-affiliated cryptocurrency trading firm Alameda Research was granted a $175 million unsecured claim on the estate of bankrupt crypto lender Genesis Global Capital, according to a court ...
Syndicated Content Aug 17, 2023
U.S. Mid-Atlantic manufacturing sky-rockets to 16-month high
By Safiyah Riddle (Reuters) - Manufacturing activity in the U.S. Mid-Atlantic region grew at its strongest pace since April 2022 in August, according to a report released on Thursday, as new orders su...
Syndicated Content Aug 17, 2023
Exclusive-Dalian Wanda weighs sale of Olympics media rights manager Infront -sources
By Amy-Jo Crowley, Emma-Victoria Farr and Milana Vinn LONDON/FRANKFURT/NEW YORK (Reuters) - Dalian Wanda Group, owned by China's once-richest man Wang Jianlin, is seeking to sell its sports marketing ...
Syndicated Content Aug 17, 2023
After stellar debut, Vietnamese EV maker VinFast falls for second straight session
(Reuters) - Shares of Vietnamese electric automaker VinFast tumbled for a second straight session on Thursday, giving up some of the gains from the meteoric surge in its Wall Street debut that had ecl...
Syndicated Content Aug 17, 2023
Hawaiian Electric shares continue slide amid scrutiny over Maui wildfires
(Reuters) - Hawaiian Electric Industries shares continued their record slump, shedding nearly 31% in premarket trading on Thursday, as the electric utility faces increased scrutiny over whether its eq...
Syndicated Content Aug 17, 2023
Exclusive-H&M says it will “phase out” sourcing from Myanmar
By Helen Reid LONDON (Reuters) -The world's second-biggest fashion retailer H&M has decided to gradually stop sourcing from Myanmar, it told Reuters on Thursday, as reports of labour abuses in garment...
Syndicated Content Aug 17, 2023
Canada wildfires: Crews battle to stop blaze as Yellowknife evacuates
(Reuters) - Canadian fire crews battled early on Thursday to prevent wildfires from reaching the northern city of Yellowknife, where 20,000 residents are leaving after an evacuation order was declared...
Syndicated Content Aug 17, 2023
U.S. to impose tariffs on tin mill steel from Canada, China, Germany -Commerce Dept
By David Lawder WASHINGTON (Reuters) - The U.S. Commerce Department on Thursday said it will set preliminary anti-dumping duties on tin-plated steel from Canada, Germany and China, in a move to shield...
Syndicated Content Aug 17, 2023
Chile’s Codelco at risk of insolvency as debt grows, CESCO report says
By Julian Luk LONDON (Reuters) - Chile's Codelco, the world's largest copper producer, is at risk of insolvency due to rising costs and a growing debt pile stemming from projects that missed output ta...
Syndicated Content Aug 17, 2023
US weekly jobless claims fall as labor market remains tight
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits fell last week, pointing to a still tight labor market. Initial claims for state unemployment benefits droppe...
Syndicated Content Aug 17, 2023
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