Category Archives:
U.S. business inventories increase moderately in September
WASHINGTON (Reuters) - U.S. business inventories increased moderately in September, suggesting that businesses were becoming more cautious about ordering more merchandise as higher borrowing costs slo...
Nov 16, 2022
Collapse of FTX should serve as reminder of risks of crypto assets, ECB’s De Cos says
MADRID (Reuters) - The collapse of crypto exchange platform FTX should serve as a reminder for clients of the risks crypto assets entail, European Central Bank policymaker Pablo Hernandez de Cos said ...
Nov 16, 2022
Brexit is weighing on UK economy, Bank of England officials say
LONDON (Reuters) - The effects of Brexit are weighing on Britain's economy, more than six years after voters decided to leave the European Union, Bank of England officials said on Wednesday. "It's und...
Nov 16, 2022
Grayscale Bitcoin Trust falls as cryptocurrencies slide again
(Reuters) - Grayscale Bitcoin Trust, the world's largest bitcoin fund, fell almost 7% on Wednesday, as investors dumped more digital assets after last week's high-profile unraveling of crypto exchange...
Nov 16, 2022
FTX’s Bahamas liquidators “reject the validity” of US bankruptcy
By Dietrich Knauth (Reuters) - FTX's Bahamas-based liquidators said they "reject the validity" of the crypto exchange's U.S. bankruptcy proceedings, according to court documents filed in the U.S. late...
Nov 16, 2022
U.S. House committee to hold hearing on collapse of FTX
WASHINGTON (Reuters) - The U.S. House Financial Services Committee plans to hold a hearing in December on the collapse of cryptocurrency exchange FTX. The committee said it expects to hear from the co...
Nov 16, 2022
Bank of England’s Bailey speaks to lawmakers
LONDON (Reuters) - Bank of England Governor Andrew Bailey and other top officials from the British central bank spoke to lawmakers in parliament on Wednesday, two weeks after the BoE raised interest r...
Nov 16, 2022
Moldova’s PM nominates new economy minister as problems mount
CHISINAU (Reuters) - Moldova's prime minister proposed senior parliamentarian Dumitru Alaiba as economy minister on Wednesday as the country tries to deal with the impact of the war in Ukraine and ris...
Nov 16, 2022
FTX founder Bankman-Fried sued in US court over yield-bearing crypto accounts
(Reuters) - FTX founder Sam Bankman-Fried has been sued in U.S. court by investors alleging the company's yield-bearing crypto accounts violated Florida law, according to court papers. (Reporting by A...
Nov 16, 2022
BDT Capital Partners takes minority stake in German chip plant builder Exyte
BERLIN (Reuters) - German chip factory builder Exyte said on Wednesday that U.S. investor BDT Capital Partners was acquiring a minority stake in the Stuttgart-based based company. BDT will become a mi...
Nov 16, 2022
Peoria, IL, USA
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