Category Archives:
Sam Bankman-Fried to reverse decision on contesting extradition -source
By Jasper Ward (Reuters) -Former FTX CEO Sam Bankman-Fried is expected to appear in court in The Bahamas on Monday to reverse his decision to contest extradition to the United States, where he faces f...
Dec 17, 2022
JP Morgan signs deal for stake in fintech Viva Wallet for over $800 million- source
ATHENS (Reuters) -JP Morgan has signed a deal to buy a 48.5% stake in Athens-based payments fintech Viva Wallet for more than $800 million, a person with knowledge of the matter told Reuters on Saturd...
Dec 17, 2022
Goldman will appoint Bradley Fried as next International chair- Sky News
(Reuters) - Goldman Sachs Inc has tapped Bradley Fried, former Chair of the Court of the Bank of England, as chairman of Goldman Sachs International, Sky News reported on Saturday. Bradley will replac...
Dec 17, 2022
Toshiba’s preferred bidder may lower valuation below 2 trillion yen – Nikkei
TOKYO (Reuters) - Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, may lower the valuation from the planned 2.2 trillion yen ($16.09 billion) to levels below 2 trillion y...
Dec 17, 2022
Analysis-Bumper green aluminium output is good news for carmakers, and climate
By Eric Onstad LONDON (Reuters) - Aluminium makers are set to boost low-carbon metal output by 10% in 2023 and churn out even more in the years ahead, driving down the cost for carmakers seeking clima...
Dec 17, 2022
Italian economy minister says ECB rates hikes worrying for Rome
By Angelo Amante and Giuseppe Fonte ROME (Reuters) -The prospect of subsequent hikes in interest rates by the European Central Bank is worrying for highly indebted countries like Italy, its economy mi...
Dec 17, 2022
Sunak scraps Energy Supply Taskforce introduced by Truss- Sky News
(Reuters) - British Prime Minister Rishi Sunak is scrapping Lizz Truss's Energy Supply Taskforce plan introduced in September, Sky News reported on Saturday. (Reporting by Jose Joseph in Bengaluru; Ed...
Dec 17, 2022
Social media report protests by Iranian oil workers for higher wages
(Reuters) - Social media posts on Saturday purported to show a group of protesting oil workers in southern Iran demanding higher wages and retirment bonuses. The reported oil workers' protests, which ...
Dec 17, 2022
Swiss central bank sees onus on Credit Suisse to execute revamp
ZURICH (Reuters) - Credit Suisse needs to execute its revamp successfully and end a string of negative headlines from Switzerland's second-biggest bank, Swiss National Bank Chairman Thomas Jordan said...
Dec 17, 2022
China to maintain ample liquidity in 2023 to implement proactive fiscal policy – state media
SHANGHAI (Reuters) - China will maintain reasonably ample liquidity in financial markets while better serving needs from the real economy next year, state media quoted a vice governor of the People's ...
Dec 17, 2022
Peoria, IL, USA
42 °F Partly cloudy
