(Reuters) – Coinbase Global Inc will write off the investment its ventures arm made in cryptocurrency exchange FTX in 2021,…
Estee Lauder nears $2.8 billion deal to buy Tom Ford – FT
(Reuters) – Estee Lauder Cos Inc is nearing a deal to buy Tom Ford for about $2.8 billion, including debt,…
U.S. year-round sales of an ethanol-gas blend wins oil group’s support
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – A Republican U.S. senator plans to submit federal legislation with…
U.S. hotels reel from China COVID curbs amid travel boom
By Priyamvada C (Reuters) – U.S. hotel operators expect more pain from China’s strict COVID-19 lockdowns which have halted construction…
Factbox-Sam Bankman-Fried: The crypto mogul whose empire came crashing down
(Reuters) – Sam Bankman-Fried on Friday resigned from his role as chief executive of FTX and the crypto exchange said…
U.S. drillers add oil and gas rigs for second week in a row – Baker Hughes
By Scott DiSavino (Reuters) – U.S. energy firms this week added oil and natural gas rigs for a second week…
Exclusive-U.S. blocks more than 1,000 solar shipments over Chinese slave labor concerns
By Nichola Groom (Reuters) -More than 1,000 shipments of solar energy components worth hundreds of millions of dollars have piled…
Analysis-Europe’s retailers brace for cutback Christmas
By James Davey and Rachel More LONDON/BERLIN (Reuters) -European retailers fear this Christmas could be the worst in at least…
U.S. consumer sentiment slumps; inflation expectations edge up
WASHINGTON (Reuters) -U.S. consumer sentiment slumped in November amid persistent worries about inflation and higher interest rates, according to a…
Rise and fall of crypto exchange FTX
(Reuters) – FTX was commencing bankruptcy proceedings in the United States and its Chief Executive Officer Sam Bankman-Fried has resigned,…