(Reuters) – Galois Capital is the latest hedge fund caught off guard after close to half its assets were trapped…
Factbox-Global regulatory actions against FTX
LONDON (Reuters) – FTX filed for U.S. bankruptcy proceedings on Friday, capping a week of turmoil for one of the…
Crypto markets in turmoil over FTX bankruptcy
(Reuters) – Crypto exchange FTX filed for U.S. bankruptcy on Friday and Sam Bankman-Fried stepped down as CEO, after a…
Chad agrees debt plan with creditors, including Glencore
By Mahamat Ramadane N’DJAMENA (Reuters) -Chad has reached an agreement with its creditors, including Swiss commodities trader Glencore, paving the…
Stocks rally as Fed rate hopes dent dollar
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – Global stocks rallied on Friday for a second day on…
Exclusive-Credit Suisse overhaul draws scrutiny from some investors, proxy adviser over governance
By Pamela Barbaglia, Oliver Hirt and Michael Shields LONDON/ZURICH (Reuters) -Credit Suisse’s recent decision to exit certain investment banking activities…
Brazil’s Cosan swings to loss on higher debt costs
SAO PAULO (Reuters) – Brazilian conglomerate Cosan SA reported a third-quarter net loss on Friday, swinging from a big profit…
LME will not ban Russian metal from its system
By Deep Kaushik Vakil and Pratima Desai (Reuters) -The London Metal Exchange (LME) said on Friday it will not ban…
Crypto exchange FTX files for bankruptcy as wunderkind CEO exits
By Alun John and Hannah Lang LONDON (Reuters) – Crypto exchange FTX filed for U.S. bankruptcy protection on Friday and…
Oil settles higher, posts weekly loss as China eases COVID curbs
By Laura Sanicola (Reuters) -Oil prices settled higher on Friday but fell week-on-week after health authorities in China eased some…