Category Archives:
Binance’s U.S. unit valued at $4.5 billion in seed funding round
(Reuters) - Crypto exchange Binance's U.S. unit said on Wednesday it had raised over $200 million in a seed funding round, at a pre-money valuation of $4.5 billion. The company said RRE Ventures, Foun...
Apr 06, 2022
Tissi to take leading role at La Scala after leaving Bolshoi
By Sara Rossi MILAN (Reuters) - Italian Jacopo Tissi has returned to Milan's La Scala after the war in Ukraine prompted his abrupt departure from the Bolshoi Ballet in Moscow where he had been promote...
Apr 06, 2022
Airlines body sees higher fares after energy price spike
PARIS (Reuters) - Airlines will pass on rising oil prices to passengers through higher fares relatively quickly, but the spike in energy costs will worsen the industry's overall outlook in 2022, the h...
Apr 06, 2022
European credit CDS jumps as Fed-speak spooks markets
(Reuters) - The cost of insuring exposure to corporate bonds surged on Wednesday as stock markets tumbled on worries of aggressive U.S. rate hikes hurting growth and further Western sanctions on Russi...
Apr 06, 2022
China’s widening COVID curbs exact mounting economic toll
By Josh Horwitz and Kevin Yao SHANGHAI (Reuters) - China's top European business group warned on Wednesday that its "zero-COVID" strategy was harming the attractiveness of Shanghai as a financial hub,...
Apr 06, 2022
JetBlue’s Spirit bid takes Wall Street by surprise, analysts question deal merits
(Reuters) - JetBlue Airways Corp's $3.6 billion bid for low-cost airline Spirit Airlines caught Wall Street off guard on Wednesday, with analysts questioning the benefits of a merger between the two c...
Apr 06, 2022
U.S., allies to ban investments in Russia, sanction banks
By Andrea Shalal and Nandita Bose WASHINGTON (Reuters) - The United States and its allies will target Russian banks and officials with a "sweeping package" of sanctions on Wednesday and ban new invest...
Apr 06, 2022
Sheer joy in store as U.S. retailers stock up for bumper wedding season
By Uday Sampath Kumar and Mehr Bedi (Reuters) - Wedding guests should prepare for a few surprises at this year's post-pandemic U.S. nuptials as people discard their sweatpants for sheer layering and b...
Apr 06, 2022
Rock n’ Roll singer Bobby Rydell dies at age 79
(Reuters) - Rock n' Roll singer and actor Bobby Rydell, a teen idol in the 1950s and 60s who starred in the hit movie musical "Bye Bye Birdie" and recorded dozens of hits, has died in Pennsylvania, hi...
Apr 06, 2022
Exclusive-BlackRock, Ashmore part of Sri Lanka’s creditor group ahead of debt talks
By Jorgelina do Rosario LONDON (Reuters) - Asset managers Blackrock Inc. and Ashmore Group Plc. are among the top holders of Sri Lanka's international bonds that form part of a creditor group as marke...
Apr 06, 2022
Peoria, IL, USA
42 °F Overcast
