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 …
Reuters
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- Business News
Blackstone’s real estate fund for wealthy prompts SEC queries – Bloomberg News
by Reutersby Reuters(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 Reutersby ReutersBy 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 …
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U.S. opens safety probe into autonomous driving system in GM’s Cruise vehicles
by Reutersby ReutersBy 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 Reutersby ReutersBy 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, …
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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 …
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(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 Reutersby ReutersBy 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 Reutersby Reuters(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 Reutersby ReutersGUAYAQUIL (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 Reutersby ReutersBy 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 Reutersby ReutersBy 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 …
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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 Reutersby ReutersBy 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 Reutersby Reuters(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 …
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(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 Reutersby Reuters(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 Reutersby ReutersBy 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 Reutersby ReutersWASHINGTON (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 Reutersby ReutersWASHINGTON (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 Reutersby ReutersLIMA (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 Reutersby ReutersBy 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 …
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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 Reutersby ReutersZURICH (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 Reutersby ReutersWASHINGTON (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 …