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Crypto hedge fund Three Arrows Capital has entered liquidation, source says
By Elizabeth Howcroft LONDON (Reuters) - Crypto hedge fund Three Arrows Capital (3AC) has entered liquidation, a person familiar with the matter told Reuters on Wednesday, in the latest sign of the ma...
Syndicated Content Jun 29, 2022
Record trade deficit weighs on U.S. economy in first quarter
WASHINGTON (Reuters) - The U.S. economy contracted in the first quarter amid a record trade deficit, the government confirmed on Wednesday, but that picture is misleading as domestic demand was strong...
Syndicated Content Jun 29, 2022
Mercedes readies plants to produce electric vehicles
BERLIN (Reuters) - Mercedes-Benz is adjusting its network of plants to manufacture a new range of luxury electric vehicles as it prepares to switch to electric by the end of the decade. Mercedes aims ...
Syndicated Content Jun 29, 2022
China’s smartphone makers gain ground in Russian market, says M.Video
LONDON (Reuters) - Chinese smartphones accounted for two-thirds of all new sales in Russia between April and June, the country's top electronics retailer said on Wednesday, the latest sign of how Mosc...
Syndicated Content Jun 29, 2022
Rouble heads away from 50 vs dollar as authorities flag interventions
MOSCOW (Reuters) -The rouble pared gains in volatile trade on Wednesday as Russia's finance minister flagged possible interventions to ease upside pressure on the currency after it neared 50 against t...
Syndicated Content Jun 29, 2022
Russian subsidiary of Nokian Tyres submits proposal to continue operating
(Reuters) - Nokian Tyres' Russian subsidiary on Wednesday said its plant in Vsevolozhsk in the Leningrad region may continue operating, one day after its Finnish parent company had said it would initi...
Syndicated Content Jun 29, 2022
Futures edge lower as Fed hawks push for faster rate hikes
By Amruta Khandekar (Reuters) - U.S. stock index futures dipped on Wednesday after several Federal Reserve policymakers made the case for faster interest rate hikes to bring down high inflation. Inves...
Syndicated Content Jun 29, 2022
Factbox-Companies offering abortion travel benefits to U.S. workers
(Reuters) - A growing number of companies, including JPMorgan Chase & Co, Amazon.com Inc, Tesla Inc, and Walt Disney Co are updating or changing their health insurance policies to offer travel benefit...
Syndicated Content Jun 29, 2022
Bed Bath & Beyond replaces CEO Tritton as sales sink
(Reuters) -Bed Bath & Beyond Inc on Wednesday replaced Chief Executive Officer Mark Tritton as part of a management shake-up to reverse a slump in its business, the home goods retailer said. Shares fe...
Syndicated Content Jun 29, 2022
Q2 job confidence among Chinese households lowest since 2009 – central bank survey
BEIJING (Reuters) - A Chinese index of employment confidence dived in the second quarter to its lowest since the global financial crisis of 2008 and 2009, a central bank survey showed on Wednesday, af...
Syndicated Content Jun 29, 2022
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