FRANKFURT (Reuters) -The European Central Bank will raise interest rates again in December and next year to fight inflation but…
Simon & Schuster’s owner to let sale to Penguin fall apart, sources say
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Book-publishing powerhouse Simon & Schuster’s owner will let its $2.2…
Collapsed FTX owes nearly $3.1 billion to top 50 creditors
(Reuters) -Cryptocurrency exchange FTX, which has filed for U.S. bankruptcy court protection, said it owes its 50 biggest creditors nearly…
Lula to start job interviews for Petrobras overhaul, sources say
By Sabrina Valle (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva begins interviews this week with candidates to run…
FTX begins strategic review, seeks court relief to pay critical vendors
(Reuters) – Collapsed crypto exchange FTX said on Saturday it has launched a strategic review of its global assets and…
France needs to start reining in finances next year – IMF
PARIS (Reuters) – France should begin reining in public finances from next year to ensure that debt does not keep…
Malaysian markets slip on election stalemate, Islamist party’s gains
By Rae Wee and Tom Westbrook SINGAPORE (Reuters) – Malaysia’s share market and ringgit currency weakened on Monday, after a…
FTX shows need to regulate crypto before it gets big, says Bank of England
LONDON (Reuters) – The implosion of cryptocurrency exchange FTX shows the need to bring the crypto world within the regulatory…
Hopes grow for inflation relief as German producer prices fall
By Miranda Murray and Balazs Koranyi BERLIN (Reuters) -German producer prices posted their first monthly fall in two and a…
Global equity bear market not over yet – Goldman Sachs
(Reuters) – Goldman Sachs on Monday warned that the global equity bear market is not over as the markets are…