(Reuters) -Three Australian telecom companies have been ordered by a court to pay a collective A$33.5 million ($22.08 million) in…
Elizabeth Holmes seeks to avoid prison for Theranos fraud
By Jonathan Stempel and Jody Godoy (Reuters) -Elizabeth Holmes urged a U.S. judge not to send her to prison, as…
World Bank’s Malpass criticizes Chad creditors’ plan for failing to reduce debt
By Andrea Shalal WASHINGTON (Reuters) -World Bank President David Malpass on Friday said he was deeply concerned about Chad’s longer-term…
Stocks rally as Fed rate hopes dent dollar
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – Global stocks rallied on Friday for a second day on…
Exclusive-Credit Suisse overhaul draws scrutiny from some investors, proxy adviser over governance
By Pamela Barbaglia, Oliver Hirt and Michael Shields LONDON/ZURICH (Reuters) -Credit Suisse’s recent decision to exit certain investment banking activities…
Brazil’s Cosan swings to loss on higher debt costs
SAO PAULO (Reuters) – Brazilian conglomerate Cosan SA reported a third-quarter net loss on Friday, swinging from a big profit…
Lula’s market lure fades after Brazil’s ‘Liz Truss moment’
By Marcela Ayres and Lisandra Paraguassu BRASILIA (Reuters) -There is growing investor pessimism that Brazilian President-elect Luiz Inacio Lula da…
LME will not ban Russian metal from its system
By Deep Kaushik Vakil and Pratima Desai (Reuters) -The London Metal Exchange (LME) said on Friday it will not ban…
Crypto exchange FTX files for bankruptcy as wunderkind CEO exits
By Alun John and Hannah Lang LONDON (Reuters) – Crypto exchange FTX filed for U.S. bankruptcy protection on Friday and…
U.S. stops taking student debt forgiveness applications after ruling
By Nate Raymond (Reuters) -The United States government has stopped taking applications for student debt relief, after a federal judge…