SANTIAGO (Reuters) -LATAM Airlines, South America’s largest carrier, reported on Tuesday a narrower third-quarter net loss of $296 million, the…
Brazil’s Bradesco quarterly profit dips, outlook on loan provisions worsens
By Peter Frontini SAO PAULO (Reuters) – Brazilian lender Banco Bradesco SA on Tuesday reported a 22.8% drop in third-quarter…
Australia’s lopsided swaps market creates pockets of pricing mayhem
By Tom Westbrook and Stella Qiu SINGAPORE/SYDNEY (Reuters) -Volatility has exploded in an obscure but important corner of Australia’s $113-billion-a-day…
News Corp misses quarterly revenue, profit estimates despite ad growth
(Reuters) -News Corp on Tuesday reported first-quarter revenue and profit that fell short of Wall Street estimates, even as the…
Binance plans to buy rival FTX in bailout as crypto market crumbles
By Hannah Lang and Tom Wilson WASHINGTON/LONDON (Reuters) – Crypto giant Binance signed a nonbinding agreement on Tuesday to buy…
EV maker Lucid slumps as quarterly reservations slip
By Akash Sriram (Reuters) -Lucid Group Inc said on Tuesday orders for its luxury electric cars slipped in the third…
U.S. Commerce’s Raimondo vows continued support in talks with Ukraine economy minister
By Andrea Shalal WASHINGTON (Reuters) – U.S. Commerce Secretary Gina Raimondo pledged continued strong support for Ukraine during a meeting…
Carlyle agrees to pay ex-CEO Lee $3.3 million as severance payment
By Chibuike Oguh NEW YORK (Reuters) – Carlyle Group Inc has agreed to make $3.34 million in severance payments to…
Australia’s NAB flags slowing lending growth from rising rates, shares fall
By Sameer Manekar (Reuters) -National Australia Bank (NAB) on Wednesday warned that rising interest rates could impact credit demand in…
How Binance’s plan to buy FTX unfolded in a matter of days
By Hannah Lang (Reuters) – Crypto exchange Binance signed a nonbinding agreement on Tuesday to acquire rival crypto exchange FTX,…