Business News

BEIJING (Reuters) – China’s economy has grown 3% over the past three quarters and is stabilising on an “upward trend”, Chinese Premier Li Keqiang said, vowing to continue to support …

(Reuters) -Blackrock Inc has put off the launch of an exchange traded fund (ETF) that invests in Chinese bonds, amid growing tension between Washington and Beijing, the Financial Times said …

By Summer Zhen, Vidya Ranganathan and Elizabeth Howcroft HONG KONG/SINGAPORE/LONDON (Reuters) – FTX was engulfed in more chaos on Saturday when the crypto exchange said it had detected unauthorized access …

(Reuters) -Twitter Blue will probably “come back end of next week”, billionaire owner Elon Musk said in a tweet on Saturday. Twitter on Friday paused its recently announced $8 blue …

By William Schomberg LONDON (Reuters) -British finance minister Jeremy Hunt said he will have to raise taxes in next week’s budget plan in order to fix the public finances and …

By Andrea Shalal WASHINGTON (Reuters) – Debt levels among low- and middle-income countries rose sharply in 2021, with China accounting for 66% of lending by official bilateral creditors, World Bank …

By Aidan Lewis and Sarah El Safty SHARM EL-SHEIKH, Egypt (Reuters) – Strengthening trade ties and regional security will be priorities in an upcoming visit by Chinese leader Xi Jinping …

By David Lawder NUSA DUA, Indonesia (Reuters) – With odds of a split U.S. Congress rising, Treasury Secretary Janet Yellen warned that lawmakers’ failure to raise the statutory limit on …

By Nivedita Balu (Reuters) -Twitter Inc paused its recently announced $8 blue check subscription service on Friday as fake accounts mushroomed, and new owner Elon Musk brought back the “official” …

(Reuters) – FTX-affiliated crypto trading firm Alameda Research’s Chief Executive Officer Caroline Ellison and senior FTX officials knew that the crypto exchange had lent Alameda its customer funds to help …

NUSA DUA, Indonesia (Reuters) -Elon Musk will join the G20 summit in Indonesia’s Bali virtually rather than in person, an official from the Indonesian Chamber of Commerce told CNBC Indonesia …

TRENTON, NJ – New Jersey Governor Phil Murphy this weekend said the United States economy under President Joe Biden would not tank but stay cool. Murphy, a possible contender for …

NEW YORK (Reuters) – FTX founder Sam Bankman-Fried told Reuters on Saturday that he was in the Bahamas, denying speculation on Twitter that he had flown to South America after …

SHANGHAI (Reuters) – Tesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada, two people with knowledge of the planning told Reuters, a step that …

(Reuters) -Collapsed crypto exchange FTX said on Saturday it had seen “unauthorized transactions”, with analysts saying millions of dollars worth of assets had been withdrawn from the platform. Blockchain analytics …

By Angus Berwick New York (Reuters) – At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The …

By Casey Hall SHANGHAI (Reuters) – Alibaba Group opted not to disclose the final sales tally of its annual Singles Day shopping festival for the first time since it started …

(Reuters) – Galois Capital is the latest hedge fund caught off guard after close to half its assets were trapped on collapsed crypto exchange FTX, the Financial Times said on …

TOMS RIVER, NJ – Remnants of Toms River’s past are quickly fading, and this week, a Jersey Shore icon, Pisces Seafood, announced the longtime business has been sold. The family …

(Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, stayed relatively stable in the third quarter compared to the year-ago period as both revenues and costs grew, the …

By Hannah Lang (Reuters) – Sam Bankman-Fried earned a reputation as savior of the crypto industry when he bailed out two platforms earlier this year. But when FTX, the exchange …

By Noel Randewich and Sruthi Shankar (Reuters) – The S&P 500 and Nasdaq ended sharply higher on Friday, extending a rally started the day before after a soft inflation reading …

(Reuters) – Advertising and marketing conglomerate Omnicom Group Inc has recommended that clients pause their spending on Twitter in the short term, according to an internal memo seen by Reuters. …

SYDNEY (Reuters) – Australia on Saturday formalised a new cyber-policing model in a stepped-up effort to “hunt down” cyber criminal syndicates, following recent hacks impacting millions of Australians. Australia’s biggest …

LONDON (Reuters) – FTX filed for U.S. bankruptcy proceedings on Friday, capping a week of turmoil for one of the world’s largest cryptocurrency exchanges. FTX and its local units, had …