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Author

Reuters

Reuters

  • Business News

    Coinbase loses bid to force Dogecoin sweepstakes case into arbitration

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Nate Raymond (Reuters) – Coinbase Global Inc cannot force former customers to use private arbitration rather than the courts to resolve claims over a Dogecoin sweepstakes the cryptocurrency exchange …

  • Business News

    Blackstone’s real estate fund for wealthy prompts SEC queries – Bloomberg News

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    (Reuters) – The U.S. Securities and Exchange Commission (SEC) has reached out to Blackstone Inc following an increase in investors pulling money from its real estate fund, Bloomberg News reported …

  • US and World News

    Ukrainian couple reunited after nine months despite Russian attacks

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Yurii Kovalenko KYIV (Reuters) – Hanna Vavarenko had a joyful reunion with her husband at a Kyiv railway station on Friday, nine months after she fled to Germany to …

  • Business News

    U.S. opens safety probe into autonomous driving system in GM’s Cruise vehicles

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By David Shepardson WASHINGTON (Reuters) -U.S. auto safety regulators said on Friday they have opened a formal safety probe into the autonomous driving system in vehicles produced by General Motors …

  • Business News

    World Bank’s IFC sees ‘huge’ potential to boost investment in Africa

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Andrea Shalal WASHINGTON (Reuters) – The World Bank’s private investment arm sees huge potential to boost investment in Africa and help support entrepreneurship and digital transformation on the continent, …

  • Business News

    Earthquake impact adds to some Texas oil producers’ costs

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Liz Hampton (Reuters) -U.S. shale oil producers are facing higher costs in the nation’s largest oil field after regulators restricted the use of some wastewater disposal wells in west …

  • Business News

    TikTok says it will cut staff in Russia -company statement

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    (Reuters) – Social media company TikTok on Friday said it would cut its Russian staff numbers after the company stopped key services for Russian users earlier this year. Chinese-owned video …

  • Business News

    Retail investors turn to ETFs as recession fears knock down meme stocks

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Medha Singh (Reuters) – Retail investors are doubling down on Exchange Traded Funds (ETFs) as rising interest rates and volatile markets curb their appetite for risky assets such as …

  • US and World News

    California regulators approve plan to slash emissions 85% by 2045

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    (This Dec. 15 story has been refiled to add the name of CARB spokesperson in paragraph 13) By Laura Sanicola and Erwin Seba (Reuters) – Californian regulators voted Thursday to …

  • Business News

    Ecuador not looking for new agreement with IMF, will maintain ties

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    GUAYAQUIL (Reuters) – Ecuador has fully financed its budget for next year and is not looking for a new credit agreement with the International Monetary Fund (IMF), the country’s economy …

  • Business News

    China agrees to formation of global sovereign debt ’roundtable’ -IMF chief

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Andrea Shalal WASHINGTON (Reuters) -Chinese officials have agreed to participate in a global sovereign debt “roundtable” that would include a wide variety of stakeholders, including private sector creditors, International …

  • US and World News

    U.S. labor board region sides with USC athletes seeking ’employee’ designation

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Steve Gorman LOS ANGELES (Reuters) – The Los Angeles regional head of the U.S. agency that enforces U.S. labor laws has sided with scholarship basketball and football players at …

  • Business News

    FTX’s Bankman-Fried could face long road to fraud trial

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried was swiftly indicted after the collapse of his crypto empire, but a trial in New York is likely more than a …

  • Business News

    Frugal retail clients prompt Accenture warning on weak consulting business

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Yuvraj Malik -Accenture Plc warned that a pullback in spending from clients who were postponing business improvement projects, especially in retail, was hurting its consulting business and forecast quarterly …

  • Business News

    Bank of Montreal raises C$2.6 billion in share sale to boost capital buffer

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    (Reuters) – Bank of Montreal said it has raised C$2.6 billion ($1.9 billion) by issuing new shares after Canada’s financial regulator asked lenders to set aside more capital to deal …

  • Business News

    Fed could hold rates at peak into 2024, Daly signals

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    (Reuters) -San Francisco Federal Reserve Bank President Mary Daly on Friday said it’s a “reasonable” to think that once the Fed policy rate gets to its peak, it will stay …

  • Business News

    Mike Ashley’s Frasers buys JD Sports’ premium fashion brands for $58 million

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    (Reuters) – British retailer Frasers Group said on Friday it has bought shares in premium fashion brands of JD Sports for about 47.5 million pounds ($57.7 million), as the Mike …

  • Business News

    ECB rate hikes help Russia by damaging EU economy, Italy minister says

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Angelo Amante and Crispian Balmer ROME (Reuters) – The European Central Bank’s interest rate policy is damaging Europe’s economy and helping Russia undermine Western solidarity for Ukraine, the Italian …

  • Business News

    U.S. begins buying back oil for strategic petroleum reserve -official

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    WASHINGTON (Reuters) -The U.S. Energy Department said on Friday it will begin buying back oil for the Strategic Petroleum Reserve, or SPR, the first purchase since this year’s record 180 …

  • US and World News

    State Department launches ‘China House’ amid rivalry with Beijing

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    WASHINGTON (Reuters) – The U.S. State Department on Friday launched its long-planned “China House” unit, an internal reorganization to help expand and sharpen its policymaking toward its top geopolitical rival. …

  • Business News

    Peru’s central bank slightly lowers 2023 economic growth estimate

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    LIMA (Reuters) – The Central Reserve Bank of Peru on Friday slightly reduced its economic growth projection for 2023 to 2.9% from 3.0%, according to a report published by the …

  • US and World News

    Botched executions in United States reach record high in 2022, report says

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Julia Harte (Reuters) – The number of botched executions in the United States reached a record high in 2022, according to a report released by a non-profit capital punishment …

  • Business News

    Oil slumps by over $2/bbl as markets bogged by recession fears

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    By Shariq Khan NEW YORK (Reuters) – Oil fell by more than $2 per barrel on Friday, swept up in a wider rout in global equities on fears of a …

  • Business News

    Swiss national bank nominates Angelo Ranaldo for election to Bank Council

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    ZURICH (Reuters) – The Swiss National Bank has nominated Angelo Ranaldo for election to the organisation’s Bank Council, it said late on Friday. “With effect from 1 May 2023, Mr …

  • US and World News

    U.S., UK, Norway, EU decry South Sudan violence -joint statement

    by Reuters December 16, 2022
    by Reuters December 16, 2022

    WASHINGTON (Reuters) – The United States, United Kingdom, Norway and the European Union expressed horror at the escalation of violence in South Sudan’s Upper Nile state and urged delivery of …

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