(Reuters) – FTX was commencing bankruptcy proceedings in the United States and its Chief Executive Officer Sam Bankman-Fried has resigned,…
Reinsurance hedge fund Tangency Capital raises $200 million
LONDON (Reuters) – Reinsurance hedge fund Tangency Capital has raised $200 million from investors, bringing its total assets under management…
Euro zone bond market flashes recession signal
By Amanda Cooper and Samuel Indyk LONDON (Reuters) -The euro zone government bond market on Friday delivered the clearest sign…
Orange launches first African 5G network in Botswana
JOHANNESBURG (Reuters) – French telecoms group Orange launched a new 5G network in Botswana on Friday in a first step…
Ghana creditors close to formalizing a group for debt talks -sources
By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – Some holders of Ghana’s international bonds are close to formalizing…
Thomson Reuters to buy tax software provider SurePrep for $500 million
(Reuters) -Thomson Reuters Corp said on Friday it would buy SurePrep LLC, a U.S.-based provider of tax automation software and…
Musk warns of Twitter bankruptcy as more senior executives quit
(This Nov. 10 story has been refiled to correct pronoun from she to they in paragraph 7) By Katie Paul…
Polestar Q3 loss narrows, expects hit from rising costs
By Marie Mannes (Reuters) – Polestar on Friday reported a smaller third-quarter operating loss as revenue more than doubled and…
Japan’s Seven & i to sell Sogo & Seibu unit to U.S. fund Fortress
TOKYO (Reuters) -Japan’s Seven & i Holdings Co Ltd said on Friday it will sell its Sogo & Seibu department…
Crypto stocks slide as FTX prepares for bankruptcy proceedings
(Reuters) – Shares of cryptocurrency and blockchain-related firms dropped on Friday after FTX, one of the biggest crypto exchanges, said…