By Noel Randewich (Reuters) – The S&P 500 and Nasdaq jumped on Thursday, racking up their biggest daily percentage gains…
Lula’s honeymoon with Brazil markets ends amid spending plan fears
By Lisandra Paraguassu and Gabriel Stargardter BRASILIA (Reuters) -Brazilian President-elect Luiz Inacio Lula da Silva’s brief honeymoon with financial markets…
AIG’s Zaffino gets 5-year extension as CEO
(Reuters) -Insurer American International Group Inc’s Chief Executive Officer Peter Zaffino’s employment term has been extended for five years through…
Bahamas securities regulators freeze assets of FTX’s unit
(Reuters) – The Securities Commission Of the Bahamas said on Thursday it had frozen assets of FTX Digital Markets, a…
Mercedes F1 team evaluating FTX sponsorship, branding stays for now
SAO PAULO (Reuters) – The Mercedes Formula One team said on Thursday they were keeping the branding of troubled cryptocurrency…
Crypto needs oversight to avoid harming Americans, White House says
WASHINGTON (Reuters) -Cryptocurrencies risk harming everyday Americans without proper oversight and the latest news involving crypto underscores these concerns, White…
Crypto broker Genesis discloses locked funds on FTX
(Reuters) – U.S. cryptocurrency broker Genesis Trading disclosed its derivatives business has approximately $175 million in locked funds on FTX,…
Ontario Pension says any loss from FTX investment to have limited impact
By Divya Rajagopal TORONTO (Reuters) -The Ontario Teachers Pension Plan (OTPP) said on Thursday it had invested a total of…
Citigroup, funds in talks to end lawsuit over errant $500 million Revlon payment
By Jonathan Stempel NEW YORK (Reuters) – Citigroup Inc is in talks to end litigation against hedge funds and investment…
Meatpacker JBS’s plunging profit beats forecasts
SAO PAULO (Reuters) -Brazil’s JBS SA, the world’s largest meat producer, on Thursday said quarterly profit plunged 47.1%, but results…