Category Archives:
Exclusive-Bankman-Fried’s FTX, parents bought Bahamas property worth $121 million
By Koh Gui Qing NEW PROVIDENCE, Bahamas (Reuters) - Sam Bankman-Fried's FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 mil...
Nov 22, 2022
China’s key money rate hits near 2-year low, but softening seen fleeting
SHANGHAI (Reuters) - Liquidity conditions in China's interbank money markets eased further on Tuesday, as cash supply far outpaced demand, despite a huge withdrawal of funds by the central bank. Key r...
Nov 22, 2022
‘Boomerang CEOs’ don’t always work out; Disney hopes this one bucks trend
By David Randall NEW YORK (Reuters) - Can Walt Disney Co bank on another hit sequel? That appears to be the hope behind the company's surprise decision to bring back former chief executive Bob Iger to...
Nov 21, 2022
Marketmind: COVID blues
A look at the day ahead in European and global markets from Anshuman Daga: A nationwide spike in COVID-19 cases in China is again the main talking point for weary global markets on Tuesday as Beijing ...
Nov 21, 2022
ECB’s Holzmann backs 0.75 percentage point increase in December -FT
(Reuters) - European Central Bank policymaker Robert Holzmann backed a third straight 0.75 percentage point rise in the deposit rate for the next rate-setting meeting in December, the Financial Times ...
Nov 21, 2022
Republican states seek to preserve Trump-era U.S. border curbs
By Ted Hesson WASHINGTON (Reuters) - A coalition of states with Republican attorneys general took legal steps on Monday to retain pandemic border curbs recently ruled unlawful by a U.S. judge, aiming ...
Nov 21, 2022
JD.com to cut senior executives salaries by 10-20%
BEIJING (Reuters) - China's JD.com said on Tuesday it would cut the salaries of its senior managers by 10-20% next year to help pay for an effort to convert more contractors to salaried staff and prov...
Nov 21, 2022
Cuba’s Pablo Milanes, songwriter and social crusader, dies at 79
By Nelson Acosta HAVANA (Reuters) - Pablo Milanes, a Cuban singer-songwriter and one of the founders of the "Nueva Trova" musical movement that emerged after Fidel Castro's 1959 revolution, died early...
Nov 21, 2022
FTX had total cash balance of $1.24 billion as of Nov. 20
(Reuters) - Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, had a total cash balance of $1.24 billion as of Nov. 20, according to a court filing on Monday. FTX will ...
Nov 21, 2022
U.S., China defence chiefs discussed need for improving crisis communication -Pentagon spokesperson
PHNOM PENH (Reuters) - U.S. Defense Secretary Lloyd Austin on Tuesday discussed with his Chinese counterpart the need to improve crisis communication between the two major powers, a Pentagon spokesper...
Nov 21, 2022
Peoria, IL, USA
42 °F Partly cloudy
