By Angus Berwick New York (Reuters) – At least $1 billion of customer funds have vanished from collapsed crypto exchange…
Alibaba mum on Singles Day sales tally, says in line with 2021
By Casey Hall SHANGHAI (Reuters) – Alibaba Group opted not to disclose the final sales tally of its annual Singles…
Hedge fund Galois Capital says half its capital stuck on FTX exchange -FT
(Reuters) – Galois Capital is the latest hedge fund caught off guard after close to half its assets were trapped…
Nasdaq, S&P 500 end sharply higher, fueled by inflation optimism
By Noel Randewich and Sruthi Shankar (Reuters) – The S&P 500 and Nasdaq ended sharply higher on Friday, extending a…
Major ad firm Omnicom recommends clients pause Twitter ad spend – memo
(Reuters) – Advertising and marketing conglomerate Omnicom Group Inc has recommended that clients pause their spending on Twitter in the…
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…
Disney plans to freeze hiring and cut some jobs, memo shows
(Reuters) -Walt Disney Co is planning to freeze hiring and cut some jobs as it strives to move the Disney+…
Ex-Goldman banker Ng, convicted in 1MDB case, sues ex-boss Leissner for $130 million
By Jonathan Stempel NEW YORK (Reuters) – Roger Ng, the former Goldman Sachs banker convicted for helping loot Malaysia’s 1MDB…
US West faces power reliability issues from growing use of renewables
(Reuters) – A group responsible for power market reliability in Western North America said the growing use of renewable generation…