By Jared Higgs and Brian Ellsworth NASSAU (Reuters) – Cordoned-off roads, a sweltering courtroom and numerous delays marked Sam Bankman-Fried’s…
Ecuador’s trade agreement with China is ‘practically closed,’ says Lasso
GUAYAQUIL, Ecuador (Reuters) – Ecuadorian President Guillermo Lasso said on Wednesday that the country is on the verge of closing…
Factbox-Aircraft lessors sue insurers for $8 billion over trapped Russian planes
(Reuters) – Aircraft leasing firms are suing dozens of insurers for around $8 billion in a string of lawsuits over…
Russia improves Q3 economic contraction to 3.7% y/y – revised data
MOSCOW (Reuters) – Russia’s economy shrank 3.7% year-on-year in the third quarter of 2022, revised data from the federal statistics…
Chinese bank wealth units seek to smooth performance amid redemptions
SHANGHAI (Reuters) – The asset management arms of some Chinese banks are turning to an accounting method that smoothes out…
Trafigura to pilot sustainable supply chain finance program for Mexican miners
(Reuters) – Global commodities trader Trafigura Group on Wednesday said it is piloting a sustainable supply chain finance program with…
EM bulls outnumber bears for first time since July 2021 – HSBC survey
LONDON (Reuters) – A closely-followed HSBC survey has shown the share of investors upbeat on emerging market assets has doubled…
Redwood Materials joins electric vehicle, battery trek to South Carolina
By Paul Lienert (Reuters) – Redwood Materials is the latest company to set up shop in South Carolina’s growing community…
Bosch to beat forecasts, double down on India – Handelsblatt
BERLIN (Reuters) – Bosch will beat revenue forecasts and earn more than 87 billion euros ($92 billion) in revenues this…
Indonesia to offer $5,000 subsidy on electric car sales
JAKARTA (Reuters) – Indonesia’s government plans to offer a subsidy of more than $5,000 on every sale of an electric…