(Reuters) -Canada’s Hut 8 Mining Corp will merge with rival US Bitcoin Corp to create a crypto mining giant in…
KKR reports 42% drop in earnings on lower asset sales
By Chibuike Oguh NEW YORK (Reuters) – KKR & Co Inc said on Tuesday its fourth-quarter after-tax distributable earnings dropped…
China says it will set up yuan clearing arrangements in Brazil
BEIJING (Reuters) – China’s central bank has signed a memorandum of understanding on setting up yuan clearing arrangements in Brazil,…
Ferrari names Lorenzo Giorgetti as chief racing revenue officer
MILAN (Reuters) – Ferrari said on Tuesday it had appointed Lorenzo Giorgetti to the newly-created position of chief racing revenue…
Philippine inflation beats expectations, lifts chance of bigger rate hike
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine annual inflation blew past expectations in January to…
The Biden economy: Waning inflation, record jobs, lingering uncertainty
By Howard Schneider and Andrea Shalal WASHINGTON (Reuters) – Joe Biden speaks to the nation tonight at a time of…
Factbox-U.S. stock buybacks so far in 2023: big money, fewer companies
NEW YORK (Reuters) – Corporate stock buybacks are offering investors a measure of excitement in what has been a gloomy…
Cryptoverse: Is bitcoin out of the woods? Consider the options
By Medha Singh, Lisa Pauline Mattackal and Vidya Ranganathan (Reuters) – Have bitcoin and ether finally turned a corner? It’s…
Marketmind: Powell’s state of the union
A look at the day ahead in U.S. and global markets from Mike Dolan. While U.S. President Joe Biden gets…
U.S. firms in Taiwan making ‘contingency’ plans amid China tensions
TAIPEI (Reuters) – Almost half of companies surveyed by the American Chamber of Commerce (AmCham) in Taiwan are revising or…