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…
Portugal’s 12-month inflation at 9.9% in November, slows down vs Oct
LISBON (Reuters) – Portuguese consumer prices rose 9.9% year-on-year in November, slowing down slighly from the 10.1% reported in the…
AirAsia parent narrows Q3 loss on strong demand recovery, upbeat outlook
(Reuters) – Capital A Berhad, the parent of Malaysian budget airline AirAsia, reported a narrower third-quarter operating loss on Wednesday,…
Poland’s Allegro posts higher profit on return to growth at home
(Reuters) -Poland’s biggest e-commerce platform Allegro reported a rise in third-quarter core profit on Wednesday, driven by recovery in its…