SAO PAULO (Reuters) – The Mercedes Formula One team said on Thursday they were keeping the branding of troubled cryptocurrency…
Crypto needs oversight to avoid harming Americans, White House says
WASHINGTON (Reuters) -Cryptocurrencies risk harming everyday Americans without proper oversight and the latest news involving crypto underscores these concerns, White…
Crypto broker Genesis discloses locked funds on FTX
(Reuters) – U.S. cryptocurrency broker Genesis Trading disclosed its derivatives business has approximately $175 million in locked funds on FTX,…
Ontario Pension says any loss from FTX investment to have limited impact
By Divya Rajagopal TORONTO (Reuters) -The Ontario Teachers Pension Plan (OTPP) said on Thursday it had invested a total of…
Citigroup, funds in talks to end lawsuit over errant $500 million Revlon payment
By Jonathan Stempel NEW YORK (Reuters) – Citigroup Inc is in talks to end litigation against hedge funds and investment…
Meatpacker JBS’s plunging profit beats forecasts
SAO PAULO (Reuters) -Brazil’s JBS SA, the world’s largest meat producer, on Thursday said quarterly profit plunged 47.1%, but results…
Tropical Storm Nicole causes U.S. flight cancellations
WASHINGTON (Reuters) – Airlines in the United States canceled more than 1,350 flights on Thursday as Tropical Storm Nicole made…
Exclusive-Behind FTX’s fall, battling billionaires and a failed bid to save crypto
By Angus Berwick and Tom Wilson (Reuters) – On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his…
Exclusive-Political leaders drawn into $2 billion Airbus-Qatar jet dispute
By Tim Hepher and Elizabeth Pineau PARIS (Reuters) – A dispute between Airbus and Qatar Airways over grounded A350 jets…
Musk tells Twitter staff: Bankruptcy isn’t out of the question- Platformer
(Reuters) – Twitter owner Elon Musk told employees on Thursday that he is not sure how much run rate the…