SAO PAULO (Reuters) – The Mercedes Formula One team said on Thursday they were keeping the branding of troubled cryptocurrency…
Crypto broker Genesis discloses locked funds on FTX
(Reuters) – U.S. cryptocurrency broker Genesis Trading disclosed its derivatives business has approximately $175 million in locked funds on FTX,…
Ontario Pension says any loss from FTX investment to have limited impact
By Divya Rajagopal TORONTO (Reuters) -The Ontario Teachers Pension Plan (OTPP) said on Thursday it had invested a total of…
Citigroup, funds in talks to end lawsuit over errant $500 million Revlon payment
By Jonathan Stempel NEW YORK (Reuters) – Citigroup Inc is in talks to end litigation against hedge funds and investment…
Meatpacker JBS’s plunging profit beats forecasts
SAO PAULO (Reuters) -Brazil’s JBS SA, the world’s largest meat producer, on Thursday said quarterly profit plunged 47.1%, but results…
Tropical Storm Nicole causes U.S. flight cancellations
WASHINGTON (Reuters) – Airlines in the United States canceled more than 1,350 flights on Thursday as Tropical Storm Nicole made…
Exclusive-Behind FTX’s fall, battling billionaires and a failed bid to save crypto
By Angus Berwick and Tom Wilson (Reuters) – On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his…
Exclusive-Political leaders drawn into $2 billion Airbus-Qatar jet dispute
By Tim Hepher and Elizabeth Pineau PARIS (Reuters) – A dispute between Airbus and Qatar Airways over grounded A350 jets…
Musk tells Twitter staff: Bankruptcy isn’t out of the question- Platformer
(Reuters) – Twitter owner Elon Musk told employees on Thursday that he is not sure how much run rate the…
Dollar slides, CPI data suggests Fed could slow pace of rate hikes
By Herbert Lash NEW YORK (Reuters) – The dollar fell sharply on Thursday after U.S. consumer prices rose less than…