(Reuters) -The executive hired to steer FTX Group through bankruptcy offered his first findings of improper fund transfers and poor…
Alibaba quarterly revenue misses expectations as spending slows
(Reuters) – Chinese e-commerce giant Alibaba Group Holding Ltd posted a low single-digit rise in quarterly revenue on Thursday, slightly…
More Britons to pay top income tax rate in budget squeeze
By Andrew MacAskill LONDON (Reuters) -More Britons will pay the top rate of income tax under government plans announced on…
Silver heads for biggest deficit in decades, Silver Institute says
LONDON (Reuters) – Global demand for silver is expected to rise 16% this year to 1.21 billion ounces, creating the…
Fed to lift rates by 50 basis points, but peak policy rate may be higher: Reuters Poll
By Prerana Bhat BENGALURU (Reuters) – The Federal Reserve will downshift in December to deliver a 50-basis-point interest rate hike,…
Wall Street drops as hawkish Fed official comments weigh
By Lewis Krauskopf, Ankika Biswas and Amruta Khandekar (Reuters) – Wall Street’s main indexes ended modestly lower on Thursday in…
Brazil VP-elect Alckmin vows debt reduction, seeks to appease markets
BRASILIA (Reuters) – Brazil’s incoming government will be fiscally responsible, Vice President-elect Geraldo Alckmin said Thursday, promising a budget surplus…
U.S. regulator warns of pump-and-dump IPOs, many from China
By Echo Wang NEW YORK (Reuters) – The U.S. Financial Industry Regulatory Authority (FINRA) warned on Thursday it was seeing…
U.S. mandates new comparison internet service labels
By David Shepardson WASHINGTON (Reuters) – U.S. broadband providers must display information similar to nutrition labels on food products to…
Visa promotes McInerney to CEO as Kelly moves to board
By Manya Saini (Reuters) -Visa Inc on Thursday named its president, Ryan McInerney, as its new chief executive officer to…