By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales increased more than expected in October as households stepped up purchases…
FTX fallout hits crypto lender Genesis; Bankman-Fried, celebs sued
By Alun John and John McCrank (Reuters) -Major crypto player Genesis Global Capital suspended customer redemptions in its lending business…
Nvidia third-quarter revenue up on strong data center demand
By Chavi Mehta and Jane Lanhee Lee (Reuters) -Chip designer and computing firm Nvidia Corp beat expectations for third-quarter revenue…
Cisco raises full-year outlook; announces restructuring
(Reuters) -Cisco Systems Inc raised its full-year revenue and profit forecast amid easing supply chain hurdles and announced $600 million…
Foreign holdings of Treasuries drop to lowest since May 2021 -data
NEW YORK (Reuters) – Foreign holdings of Treasuries in September dropped to their lowest level since May 2021, data from…
Muddy Waters’ Block shorts payments firm dLocal; shares halve in value
By Nell Mackenzie (Reuters) -Hedge fund Muddy Waters is shorting Uruguay-based payment processing firm dLocal, the investment firm’s CEO and…
Bourse operator ASX flags $172 million hit from clearing software replacement halt
(Reuters) -Australian bourse operator ASX Ltd said on Thursday it would take a pretax charge of up to A$255 million…
Tyson Foods ends COVID-19 vaccine mandate for employees
By Tom Polansek CHICAGO (Reuters) – Tyson Foods Inc confirmed on Wednesday it eliminated a requirement that employees receive COVID-19…
FTX’s Bahamas liquidators question the validity of U.S. bankruptcy
By Dietrich Knauth (Reuters) -Liquidators for FTX’s Bahamas unit, FTX Digital Markets, have asked a New York City court to…
Explainer-What’s next in FTX’s bankruptcy
By Dietrich Knauth (Reuters) – Crypto exchange FTX filed for Chapter 11 bankruptcy protection in the United States on Friday…