By Huw Jones LONDON (Reuters) – Systemic vulnerabilities in investment funds and other “non-banks” that make up almost half the…
FTX approaches crypto exchange Kraken for funds – Axios
(Reuters) – FTX has approached Kraken as potential rescue partner, Axios reported on Thursday, citing two people familiar with the…
Chile’s Falabella says looking for suppliers outside China
SANTIAGO (Reuters) – Chile’s Falabella is looking to expand its supplier network outside China, eying Bangladesh and Vietnam, a top…
Mizuho Trust seeing surge in advisory requests as activists target Japan
By Makiko Yamazaki and Ritsuko Shimizu TOKYO (Reuters) – The trust bank unit of Japan’s Mizuho Financial Group Inc is…
Trafigura names new heads of crude, U.S. gasoline
LONDON (Reuters) – Global commodities and energy trader Trafigura last week named a new head of crude and a head…
Analysis-Separation anxiety over Renault’s five-way split
By Gilles Guillaume PARIS (Reuters) – Analysts seeking less complexity from Renault at its investor day this week were disappointed…
China new bank lending stumbles as COVID flare-ups hit demand
By Kevin Yao and Ella Cao BEIJING (Reuters) -New bank lending in China tumbled more than expected in October from…
Sam Bankman-Fried told OKX FTX has liability of $7 billion – OKX director
(This story from Nov. 9 has been refiled to correct hyphenation in headline) HONG KONG (Reuters) – FTX CEO Sam…
Apple supplier Foxconn adjusts production to avoid holiday blues
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) -Apple Inc supplier Foxconn said on Thursday it expected smartphone revenue to…
Asian airlines helped by pent-up demand but face cost pressures
By Chayut Setboonsarng BANGKOK (Reuters) -Asian airline travel should reach about two-thirds of pre-pandemic levels by the end of the…