By Hadeel Al Sayegh DUBAI (Reuters) – Saudi Arabia’s Public Investment Fund (PIF) is working with Lazard on funding options…
EU executive to outline gas price ‘correction mechanism’ on Friday -sources
By Gabriela Baczynska BRUSSELS (Reuters) – The European Commission will propose a gas “correction mechanism” to the 27 EU states…
Trafigura names new heads of crude, U.S. gasoline
LONDON (Reuters) – Global commodities and energy trader Trafigura last week named a new head of crude and a head…
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…
Swiss National Bank still sees no case for central bank digital currency
ZURICH (Reuters) – The Swiss National Bank currently sees “no compelling advantage” to introducing digital central bank money for the…
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…
ECB’s Schnabel flags inflation risk from wages, expectations
LJUBLJANA (Reuters) – Euro zone wages are rising “significantly” and underlying inflation show strong momentum, two factors that raise the…
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…
ECB’s Enria calls time on era of big bank buybacks
FRANKFURT (Reuters) – The European Central Bank’s top supervisor Andrea Enria appeared to call time on a season of large…