A look at the day ahead in U.S. and global markets from Mike Dolan. Even as disinflation takes hold and…
Euro sags against sterling after euro zone inflation cools
LONDON (Reuters) -The euro retreated against the pound on Wednesday after data showed euro zone inflation cooled off by more…
Crypto exchange Bitfront shuts down
(Reuters) – Bitfront, a U.S. crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new…
Coterra Energy to pay $16.29 million for Pennsylvania water contamination plea
(Reuters) – U.S. shale producer Coterra Energy pleaded no contest for contaminating well water in Dimock, Pennsylvania, and will pay…
BlockFi tells U.S. bankruptcy court it is ‘the antithesis of FTX’
By Dietrich Knauth (Reuters) -BlockFi, the first direct casualty of crypto exchange FTX’s collapse, told a U.S. bankruptcy judge on…
Report warns U.S. chip design market share to plunge without government support
By Jane Lanhee Lee (Reuters) – The United States has been a leader in microchip design with dominant companies like…
U.S. crypto broker Genesis says it is working to avoid bankruptcy filing
(Reuters) – U.S. cryptocurrency brokerage Genesis said it was seeking to avoid bankruptcy after Bloomberg news reported on Tuesday that…
JPMorgan, UBS and others vie for bigger share of China’s pension market
By Selena Li and Jason Xue HONG KONG (Reuters) – Chinese ventures of foreign asset managers including JPMorgan, Warburg Pincus…
BYD set to be China’s top-selling car brand for Nov, Tesla gains -data
SHANGHAI (Reuters) – BYD was the top-selling car brand in China in the first four weeks of November, brokerage data…
Singapore’s Temasek holds internal review of $275 million FTX-related loss
SINGAPORE (Reuters) – Singapore’s Deputy Prime Minister Lawrence Wong said on Wednesday that Temasek Holdings has initiated an internal review…