By Dietrich Knauth and Tom Hals NEW YORK/WILMINGTON, Del. (Reuters) -Crypto exchange FTX has recovered more than $5 billion in…
Euro ekes out 7-month high against dollar ahead of U.S. inflation data
By John McCrank NEW YORK (Reuters) -The euro briefly hit a seven-month high against the dollar on Wednesday but held…
LVMH names new Louis Vuitton CEO, puts Arnault daughter in charge of Dior
By Mimosa Spencer PARIS (Reuters) – LVMH Chairman and CEO Bernard Arnault has reshuffled top management at his luxury goods…
Logistics startup Flexport cutting 20% of staff in restructuring
By Lisa Baertlein LOS ANGELES (Reuters) – Logistics startup Flexport on Wednesday said it would cut about 20% of its…
Fed’s Collins leans toward quarter-point rate increase -NYT
By Michael S. Derby (Reuters) – Boston Federal Reserve bank leader Susan Collins said she is inclined to raise interest…
Top Credit Suisse shareholder cuts stake
FRANKFURT (Reuters) – One of Credit Suisse’s large shareholders, Harris Associates, has reduced its stake in the bank by roughly…
Biden’s climate agenda has a problem: Not enough workers
By Nichola Groom and Valerie Volcovici (Reuters) -U.S. clean energy companies are offering better wages and benefits, flying in trainers…
Freeport LNG may extend Texas plant restart to February- sources
By Marwa Rashad and Julia Payne LONDON (Reuters) – Top U.S. gas exporter, Freeport LNG, is expected to further extend…
Twitter considered selling user names to bring in revenue – NYT
(Reuters) – Twitter Inc has mulled selling user names to bring in new revenue, the New York Times reported on…
China’s BYD to launch luxury electric sedan in India this year
By Praveen Paramasivam and Aditi Shah GREATER NOIDA, India (Reuters) – BYD will launch its third passenger electric vehicle in…