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Crypto platform FalconX valued at $8 billion in new funding round
By Carolina Mandl NEW YORK (Reuters) - Digital assets platform FalconX was valued at $8 billion in a new funding round led by Singapore's sovereign wealth fund GIC and B Capital, more than doubling it...
Syndicated Content Jun 22, 2022
Fingerprint Cards board chair resigns after insider trading conviction
OSLO (Reuters) - Fingerprint Cards' board chair Johan Carlstrom resigned from his post on Wednesday after being found guilty of illegal insider trading, the company said in a statement. Carlstrom was ...
Syndicated Content Jun 22, 2022
Volkswagen CEO questions whether Apple plans to produce cars
BERLIN (Reuters) - Volkswagen CEO Herbert Diess said on Wednesday he was not sure Apple planned to produce cars but that the California-based company certainly wanted to provide software for cockpits....
Syndicated Content Jun 22, 2022
Crisis-hit Sri Lanka plans donor conference, interim budget in August
By Uditha Jayasinghe COLOMBO (Reuters) - Sri Lanka will call China, India and Japan to a donor conference to drum up more foreign assistance and present an interim budget in August, the prime minister...
Syndicated Content Jun 22, 2022
Malaysia to disburse nearly $400 million to aid households over food prices
KUALA LUMPUR (Reuters) - Malaysia will distribute a total of 1.74 billion ringgit ($395.19 million) in cash aid to low-income households from this month to help them cope with rising living and food c...
Syndicated Content Jun 22, 2022
BoE will ‘act forcefully’ to stem inflation, says Britain’s Sunak
LONDON (Reuters) - The Bank of England will "act forcefully" to combat rising prices, British finance minister Rishi Sunak said on Wednesday, as data showed UK inflation had hit a new 40-year high of ...
Syndicated Content Jun 22, 2022
German union demands 9.5% pay rise for Lufthansa ground staff
BERLIN (Reuters) -German trade union ver.di is demanding a 9.5% pay rise, or at least 350 euros ($368) per month more over 12 months, for Lufthansa ground staff to cushion the effects of soaring infla...
Syndicated Content Jun 22, 2022
Crypto giant Tether to launch sterling-pegged stablecoin
By Elizabeth Howcroft and Tom Wilson LONDON (Reuters) - Major crypto firm Tether said on Wednesday it will launch next month a "stablecoin" pegged to the British pound, a move that comes as London dra...
Syndicated Content Jun 22, 2022
EU court dismisses Ryanair challenge against Finnair state aid
BRUSSELS (Reuters) - Europe's second-highest court on Wednesday dismissed Ryanair's challenge against EU approval for millions of euros in state aid granted to rival Finnair. "The action seeking annul...
Syndicated Content Jun 22, 2022
Biden will ask Congress on Wednesday to pause gas tax amid record pump prices
By Jarrett Renshaw (Reuters) - U.S. President Joe Biden on Wednesday will call on Congress to pass a three-month suspension of the federal gasoline tax to help combat record pump prices, according to ...
Syndicated Content Jun 22, 2022

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