By Huw Jones LONDON (Reuters) – An industry body set out a global framework on Thursday for trading derivatives linked…
Sony’s gaming chief met EU’s Vestager on Microsoft’s Activision deal -source
By Foo Yun Chee BRUSSELS (Reuters) – Sony’s gaming chief Jim Ryan met EU antitrust chief Margrethe Vestager on Wednesday…
With eyes on FTX bankruptcy, U.S. regulator seeks more due diligence authority
By Chris Prentice and Michelle Price NEW YORK (Reuters) – A top official with the U.S. Commodity Futures Trading Commission…
BofA promotes 360 employees to managing directors in diversity push – source
(Reuters) – Bank of America Corp has promoted 360 employees to managing directors, with more than 50% of them representing…
Luxury group LVMH’s sales defy downturn as shoppers splurge
By Mimosa Spencer PARIS (Reuters) -Luxury goods group LVMH’s sales rose 9% in the fourth quarter as shoppers in Europe…
BetMGM expects to become profitable in second half of 2023
By Radhika Anilkumar (Reuters) – U.S. sports-betting platform BetMGM expects to turn profitable in the second half of 2023 after…
Shareholders can sue McDonald’s ex-executive in landmark ruling
By Tom Hals WILMINGTON, Del. (Reuters) – Shareholders can sue McDonald Corp’s former global chief people officer for the damage…
China’s luxury shoppers free to travel, but many buy locally
By Alessandro Diviggiano SANYA, China (Reuters) – China’s scrapping of travel curbs this month is expected to revive demand in…
U.S. airlines forecast strong 2023 travel, costs may dampen outlook
By Aishwarya Nair and Abhijith Ganapavaram (Reuters) -U.S. airlines expect strong travel demand that drove record fourth-quarter revenues to continue…
Russia eyes end to liquidity caps on wealth fund ‘anti-crisis’ spending
By Darya Korsunskaya and Alexander Marrow (Reuters) -Russia’s finance ministry on Thursday proposed scrapping liquidity restrictions for spending on “anti-crisis”…