Category Archives:
FTX founder Sam Bankman-Fried ‘willing to testify’ at panel hearing – tweet
(Reuters) -FTX's Sam Bankman-Fried is willing to testify during a panel hearing on Dec. 13, the cryptocurrency exchange's founder said in a tweet on Friday, as regulators investigate his role in the w...
Dec 09, 2022
UK’s Hunt says public-sector pay restraint needed to tame inflation
LONDON (Reuters) - British finance minister Jeremy Hunt said on Friday that he did not wish to see pay rises for public-sector workers that might reduce the pace at which the government expects double...
Dec 09, 2022
Polish MPC should return to rate-hike debate, says Kotecki
WARSAW (Reuters) - Poland's Monetary Policy Council (MPC) should start discussing rate hikes again, central banker Ludwik Kotecki said on Friday, adding that talk of when borrowing costs could fall wa...
Dec 09, 2022
UK’s Hunt: finance reforms won’t repeat pre-2008 mistakes
LONDON (Reuters) - British finance minister Jeremy Hunt said the financial services reforms he announced on Friday would not lead to a repeat of the regulatory errors that contributed to the 2008 glob...
Dec 09, 2022
France has definitively dropped EDF’s “Hercules” restructuring plan – Le Maire
PARIS (Reuters) - France has definitively shelved plans for a restructuring of the state-controlled nuclear power group EDF, French Finance Minister Bruno Le Maire said on Friday. "Hercules has been d...
Dec 09, 2022
Global equity funds record biggest weekly outflows in three months
(Reuters) - Outflows from global equity funds in the week ended Dec. 7 hit a three-month high on fears that interest rates could stay higher for longer than expected amid mounting worries about a rece...
Dec 09, 2022
Indonesia must be more open over coal power shutdown plans -IEEFA
JAKARTA (Reuters) - Indonesia needs to improve transparency of its power plant shutdown plans, the Institute for Energy Economics and Financial Analysis (IEEFA) said on Friday, as the country launches...
Dec 09, 2022
Several potential buyers in talks over Lukoil-owned refinery, Italy says
ROME (Reuters) - There are several Italian and international investors interested in a Lukoil-owned refinery based in Sicily, Italy's industry ministry said on Friday, adding talks over the sale of th...
Dec 09, 2022
Explainer-Why nuclear-powered France faces power outage risks
PARIS (Reuters) - France is bracing for possible power outages in the coming days as falling temperatures push up demand while state-controlled nuclear group EDF struggles to bring more production on ...
Dec 09, 2022
Paytm surges on buyback plan but analysts flag focus on path to profitability
By Akansha Victor and Sethuraman N R BENGALURU (Reuters) - Paytm's stock surged over 7% on Friday after it announced plans to consider a share buyback, but analysts warned it would not bring long-term...
Dec 09, 2022
Peoria, IL, USA
83 °F Partly Cloudy
