By Virginia Furness LONDON (Reuters) – Morgan Stanley Investment Management said on Monday it had launched a new $1 billion…
‘Krunchy Dream’ welcomes Russian customers after Krispy Kreme exit
MOSCOW (Reuters) – Russians craving a doughnut fix can now visit ‘Krunchy Dream’, a string of new cafes opening where…
Fed’s Daly: Currently expect fed funds rate to top out around 5%
NEW YORK (Reuters) – Federal Reserve Bank of San Francisco leader Mary Daly said on Monday she is still expecting…
NBA champion Golden State Warriors are sued over FTX collapse
(Reuters) -The Golden State Warriors were sued on Monday by an FTX customer who accused the reigning National Basketball Association…
Texas-based fintech firm GloriFi to shut down – WSJ
(Reuters) – Texas-based fintech firm GloriFi is shutting down and laid off most of its employees, the Wall Street Journal…
Lebanon central bank to use forex rate of 15,000 pounds per dollar as of Feb 1
BEIRUT (Reuters) -Lebanon’s central bank will adopt an exchange rate of 15,000 Lebanese pounds per U.S. dollar as of Feb.…
U.S. Supreme Court spurns challenge to Seattle’s hotel worker insurance mandate
By Daniel Wiessner (Reuters) -The U.S. Supreme Court on Monday turned away a challenge to a 2018 Seattle law requiring…
Italy’s Cucinelli and EssilorLuxottica sign eyewear license accord
MILAN (Reuters) – Brunello Cucinelli signed an exclusive license deal with French-Italian glasses maker EssilorLuxottica for the design, manufacture and…
Russian firms cut forex loans, exposure in Oct -central bank
MOSCOW (Reuters) – Russian companies reduced their foreign currency loans by $7.4 billion last month and have also cut forex…
Saudi denies oil output hike discussion, says OPEC+ may cut if needed
(Reuters) -Saudi Arabia on Monday said that OPEC+ was sticking with oil output cuts and could take further measures to…