(Reuters) – Blackstone Inc raised a record $25 billion for two funds that dabble in secondaries and co-investments, the asset…
U.S. to announce international cryptocurrency action -statement
WASHINGTON (Reuters) – The U.S. Justice Department will “announce a major, international cryptocurrency enforcement action” on Wednesday, it said in…
Bankman-Fried says claims made by FTX lawyers ‘misleading’
(Reuters) – FTX founder Sam Bankman-Fried in a blog post refuted some claims made by the company’s lawyers on Tuesday,…
Oil eases 1% as U.S. recession worries offset China recovery hopes
By Scott DiSavino NEW YORK (Reuters) – Oil prices fell about 1% on Wednesday, surrendering early gains as worries about…
Costco must face lawsuit over ‘dolphin safe’ tuna claim
By Jonathan Stempel (Reuters) – A U.S. judge on Tuesday said Costco Wholesale Corp must face a lawsuit claiming it…
Heavy slate of U.S. oil refinery overhauls to crimp fuel output
By Laura Sanicola WASHINGTON (Reuters) – U.S. oil refiners plan twice as many refinery overhauls this spring as usual, aiming…
Former Fox execs conspired to bribe FIFA officials, prosecution witness says
By Jack Queen (Reuters) – An Argentine businessman testified on Wednesday that two former 21st Century Fox executives and a…
U.S. airlines sound bullish on travel demand despite recession risk
By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. airlines on the back of strong financial results remain upbeat about travel…
U.S. retail sales post biggest drop in a year; inflation retreating
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales fell by the most in a year in December, pulled down…
Big Tech braces for dismal profits, more job cuts
By Nivedita Balu and Yuvraj Malik (Reuters) – Keen to buttress margins and appease investor concerns at a time of…