WASHINGTON (Reuters) -Federal prosecutors on Wednesday said they have charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao…
Turkey raises monthly minimum wage by 55% for 2023
ANKARA (Reuters) -Turkey’s monthly minimum wage will be 8,506.80 lira ($455) in 2023, the presidency said on Thursday – a…
AMC to raise $110 million, proposes reverse stock split
(Reuters) -AMC Entertainment Holdings said on Thursday it would raise $110 million in new equity capital through the sale of…
Buyout funds rethink deal financing amid shortage of debt
By Andres Gonzalez and Pablo Mayo Cerqueiro LONDON (Reuters) – Private equity funds are rethinking how they pull off large…
Alphabet links more of CEO Pichai’s pay to performance
(Reuters) – Google-parent Alphabet Inc said on Wednesday it had approved a new equity award for Chief Executive Officer Sundar…
Toshiba’s preferred bidder to seal $10.6 billion loan deal this week -Yomiuri
TOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, is set to sign a…
Russia’s No.2 lender VTB to buy rescued Otkritie Bank for $4.7 billion
By Alexander Marrow, Elena Fabrichnaya and Maria Kiselyova MOSCOW (Reuters) -The Bank of Russia on Thursday agreed to sell bailed-out…
Exclusive-Russia likely to buy yuan on FX market in 2023 – sources
By Elena Fabrichnaya MOSCOW (Reuters) – Russia will start buying yuan on the currency market next year if oil and…
Exclusive-Sanctions could cut Russia’s Baltic oil exports by 20%
MOSCOW (Reuters) – Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a…
El Salvador to receive $150 million from development bank for education
(This Dec. 21 story has been refiled to fix incorrect company ticker symbol) SAN SALVADOR (Reuters) – El Salvador will…