A look at the day ahead in U.S. and global markets from Mike Dolan. Even as disinflation takes hold and…
Euro sags against sterling after euro zone inflation cools
LONDON (Reuters) -The euro retreated against the pound on Wednesday after data showed euro zone inflation cooled off by more…
Crypto exchange Bitfront shuts down
(Reuters) – Bitfront, a U.S. crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new…
REUTERS NEXT: Crypto entrepreneur Sun looking at FTX ventures’ portfolio companies
LONDON (Reuters) – FTX’s venture capital arm has assets that could be worth investing in, but since the failed crypto…
Coterra Energy to pay $16.29 million for Pennsylvania water contamination plea
(Reuters) – U.S. shale producer Coterra Energy pleaded no contest for contaminating well water in Dimock, Pennsylvania, and will pay…
BlockFi tells U.S. bankruptcy court it is ‘the antithesis of FTX’
By Dietrich Knauth (Reuters) -BlockFi, the first direct casualty of crypto exchange FTX’s collapse, told a U.S. bankruptcy judge on…
UBS not seeking to benefit from crisis at Credit Suisse- chair
ZURICH (Reuters) -UBS is not actively benefiting from the crisis at rival Credit Suisse, UBS Chairman Colm Kelleher told a…
Italy Nov EU-harmonised CPI edges down to 12.5% y/y, but above forecasts
ROME (Reuters) – Italian EU-harmonised consumer prices (HICP) rose a preliminary 0.6% month-on-month in November, with annual inflation slowing marginally…
Report warns U.S. chip design market share to plunge without government support
By Jane Lanhee Lee (Reuters) – The United States has been a leader in microchip design with dominant companies like…
U.S. crypto broker Genesis says it is working to avoid bankruptcy filing
(Reuters) – U.S. cryptocurrency brokerage Genesis said it was seeking to avoid bankruptcy after Bloomberg news reported on Tuesday that…