Category Archives:
Brazil’s Magazine Luiza swings to loss, hit by higher borrowing costs
SAO PAULO (Reuters) - Brazilian retailer Magazine Luiza SA reported on Thursday an adjusted net loss of 146 million reais ($27.4 million), the company's fourth straight quarterly loss as its bottom li...
Nov 10, 2022
Oscar-winner Paul Haggis ordered to pay $7.5 million in civil rape case
By Jack Queen (Reuters) - A New York jury on Thursday found Oscar-winning screenwriter and director Paul Haggis liable for raping a publicist at his Manhattan apartment in 2013, ordering him to pay at...
Nov 10, 2022
Vanguard launches Australian pension fund in bid for $2 trillion savings pool
SYDNEY (Reuters) - The world's second-largest fund manager Vanguard launched a pension fund in Australia on Friday, the first new fund licence approved in six years as it bets a reputation for low fee...
Nov 10, 2022
Exclusive-Glencore, Chad creditors agree in principle on terms of debt treatment – source
By Andrea Shalal WASHINGTON (Reuters) - Switzerland-based Glencore, China and Chad's other creditors have reached an agreement in principle on a debt treatment plan for the African country that should...
Nov 10, 2022
Bahamas securities regulators freeze assets of FTX’s unit
(Reuters) - The Securities Commission Of the Bahamas said on Thursday it had frozen assets of FTX Digital Markets, a subsidiary of the cryptocurrency exchange. The regulator said it had also suspended...
Nov 10, 2022
Mercedes F1 team evaluating FTX sponsorship, branding stays for now
SAO PAULO (Reuters) - The Mercedes Formula One team said on Thursday they were keeping the branding of troubled cryptocurrency exchange FTX on their cars at this weekend's Sao Paulo Grand Prix in Braz...
Nov 10, 2022
Crypto broker Genesis discloses locked funds on FTX
(Reuters) - U.S. cryptocurrency broker Genesis Trading disclosed its derivatives business has approximately $175 million in locked funds on FTX, the company said Thursday in a Twitter post. Gensesis s...
Nov 10, 2022
Citigroup, funds in talks to end lawsuit over errant $500 million Revlon payment
By Jonathan Stempel NEW YORK (Reuters) - Citigroup Inc is in talks to end litigation against hedge funds and investment firms that it mistakenly paid about $500 million on a loan owed by Revlon Inc, b...
Nov 10, 2022
SURVEY: Most don’t want limits on Peoria cannabis business
PEORIA, Ill. — A significant percentage of those who responded to a city survey about the future of the marijuana business in Peoria said they don’t want to see a limit placed on the numbe...
Nov 10, 2022
Exclusive-Political leaders drawn into $2 billion Airbus-Qatar jet dispute
By Tim Hepher and Elizabeth Pineau PARIS (Reuters) - A dispute between Airbus and Qatar Airways over grounded A350 jets rose to the attention of French and Qatari leaders, according to a French offici...
Nov 10, 2022
Peoria, IL, USA
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