NEW YORK (Reuters) – FTX founder Sam Bankman-Fried told Reuters on Saturday that he was in the Bahamas, denying speculation…
Exclusive-Tesla has considered exporting EVs from Shanghai to US, Canada – sources
SHANGHAI (Reuters) – Tesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada, two people…
FTX says investigating ‘unauthorized transactions’
(Reuters) -Collapsed crypto exchange FTX said on Saturday it had seen “unauthorized transactions”, with analysts saying millions of dollars worth…
Exclusive: At least $1 billion of client funds missing at failed crypto firm FTX
By Angus Berwick New York (Reuters) – At least $1 billion of customer funds have vanished from collapsed crypto exchange…
Alibaba mum on Singles Day sales tally, says in line with 2021
By Casey Hall SHANGHAI (Reuters) – Alibaba Group opted not to disclose the final sales tally of its annual Singles…
Hedge fund Galois Capital says half its capital stuck on FTX exchange -FT
(Reuters) – Galois Capital is the latest hedge fund caught off guard after close to half its assets were trapped…
Colombia’s Grupo SURA posts near-stable Q3 profit as revenues, costs grow
(Reuters) – Net profit at Grupo SURA, Colombia’s largest investment company, stayed relatively stable in the third quarter compared to…
Sam Bankman-Fried’s sudden turn from white knight to washout
By Hannah Lang (Reuters) – Sam Bankman-Fried earned a reputation as savior of the crypto industry when he bailed out…
Nasdaq, S&P 500 end sharply higher, fueled by inflation optimism
By Noel Randewich and Sruthi Shankar (Reuters) – The S&P 500 and Nasdaq ended sharply higher on Friday, extending a…
Major ad firm Omnicom recommends clients pause Twitter ad spend – memo
(Reuters) – Advertising and marketing conglomerate Omnicom Group Inc has recommended that clients pause their spending on Twitter in the…