(Reuters) – FTX has approached Kraken as potential rescue partner, Axios reported on Thursday, citing two people familiar with the…
Fed’s Logan: Inflation data a ‘welcome relief,’ still long way to go
By Lindsay Dunsmuir (Reuters) -A U.S. government report showing consumer prices increasing less than expected in October is “welcome relief,”…
Wynn resorts to open Gulf Arab’s first casino at Ras Al Khaimah resort
DUBAI (Reuters) – Hotel and casino operator Wynn Resorts will open a casino at the luxury resort it is building…
Biden: consumer price data shows progress on curbing inflation
WASHINGTON (Reuters) – U.S. President Joe Biden on Thursday said the latest consumer price index report shows a much-needed break…
Cisco to open new chip design center in Barcelona, Spain says
MADRID (Reuters) – U.S. tech giant Cisco will open a new chip design center in the northeastern Spanish city of…
Euro, stocks rally after U.S. inflation data
LONDON (Reuters) – The euro bounced against the dollar on Thursday after data showed a key measure of U.S. inflation…
Elon Musk to UK minister: ‘What does a tosh look like?’
LONDON (Reuters) – It’s not just fake accounts and the financial predicament of his company that are concerning Twitter’s new…
FTX’s Bankman-Fried: Seeking capital raise, talked to Justin Sun – memo
NEW YORK (Reuters) – FTX’s Sam Bankman-Fried told staff in a memo that he was seeking a capital raise and…
Early holiday shopping boosts October online spending – report
By Ananya Mariam Rajesh (Reuters) – U.S. consumer spending rose in October as inflation-weary consumers took advantage of early holiday…
Ralph Lauren beats sales estimates as demand holds up
(Reuters) – Ralph Lauren Corp on Thursday topped market estimates for quarterly revenue, as wealthier shoppers unaffected by inflation splurged…