(Reuters) – Coinbase Global Inc will write off the investment its ventures arm made in cryptocurrency exchange FTX in 2021,…
Estee Lauder nears $2.8 billion deal to buy Tom Ford – FT
(Reuters) – Estee Lauder Cos Inc is nearing a deal to buy Tom Ford for about $2.8 billion, including debt,…
U.S. year-round sales of an ethanol-gas blend wins oil group’s support
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – A Republican U.S. senator plans to submit federal legislation with…
U.S. hotels reel from China COVID curbs amid travel boom
By Priyamvada C (Reuters) – U.S. hotel operators expect more pain from China’s strict COVID-19 lockdowns which have halted construction…
Factbox-Sam Bankman-Fried: The crypto mogul whose empire came crashing down
(Reuters) – Sam Bankman-Fried on Friday resigned from his role as chief executive of FTX and the crypto exchange said…
U.S. drillers add oil and gas rigs for second week in a row – Baker Hughes
By Scott DiSavino (Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week…
Exclusive-U.S. blocks more than 1,000 solar shipments over Chinese slave labor concerns
By Nichola Groom (Reuters) -More than 1,000 shipments of solar energy components worth hundreds of millions of dollars have piled…
European stocks clock best week in nearly eight months
By Shreyashi Sanyal and Ankika Biswas (Reuters) -European shares notched their best weekly performance in nearly eight months on Friday,…
ECB not pre-committed to raise rates by 75 bps again, De Cos says
MADRID (Reuters) – The European Central Bank has not pre-committed to make another 75 basis-point increase at its next policy…
Analysis-Europe’s retailers brace for cutback Christmas
By James Davey and Rachel More LONDON/BERLIN (Reuters) -European retailers fear this Christmas could be the worst in at least…