(Reuters) – Air New Zealand (Air NZ) said on Wednesday it had partnered with four aircraft makers to develop zero-emission…
Bankman-Fried seeks bail in Bahamas magistrate court
NASSAU (Reuters) – Former FTX CEO Sam Bankman-Fried’s lawyer on Tuesday requested bail for the one-time crypto magnate after Chief…
Bankman-Fried Bahamas court hearing adjourned to consider bail jurisdiction
(Refiles to correct GMT time) NASSAU (Reuters) – Former FTX CEO Sam Bankman-Fried’s hearing in a Bahamas magistrate court is…
Bankman-Fried charged with fraud in FTX’s collapse
(Reuters) – Here are reactions to accusations of fraud and other charges brought on Tuesday against Sam Bankman-Fried, the founder…
U.S. existing-home sales to slide to 11-year low in 2023, NAR says
(Reuters) – Sales of previously owned U.S. homes will fall for a second year in 2023 to their lowest annual…
Binance withdrawals hit $1.9 billion in 24 hours, data firm says
By Tom Wilson and Elizabeth Howcroft LONDON (Reuters) – Binance has registered $1.9 billion of withdrawals in the past 24…
Poor management, inexperienced leaders led to FTX collapse, new CEO says
By Hannah Lang and Doina Chiacu WASHINGTON (Reuters) -Poor management practices and inexperienced leaders led to FTX’s implosion, the crypto…
Ark’s Wood sees U.S. now in recession, expects energy stocks to tumble
By David Randall NEW YORK (Reuters) – Energy stocks and other value stocks will likely be “casualties” of falling inflation,…
Eli Lilly prepares for as many as 5 new drug launches next year
By Leroy Leo (Reuters) -Eli Lilly and Co said on Tuesday it hopes to launch as many as five new…
Investors eye year-end rally as stocks pass week’s first test with tame CPI
By Lewis Krauskopf NEW YORK (Reuters) – Investors grew more upbeat about a year-end U.S. stock rally after a softer-than-expected…