(Reuters) – FTX Chief Executive Sam Bankman-Fried told investors on Wednesday that the cryptocurrency exchange needs an emergency funding to…
Allianz beats quarterly profit expectations, posts rosier 2022 outlook
FRANKFURT (Reuters) -German insurer Allianz on Wednesday posted a better-than-expected 17% rise in third-quarter net profit, helped by strength at…
Biden says ‘we’re not anywhere near a recession’ right now
WASHINGTON (Reuters) – U.S. President Joe Biden on Wednesday said he believed the U.S. economy would have a soft landing…
Elon Musk tells Twitter advertisers he wants to stop fake accounts, pursue truth
By Sheila Dang (Reuters) – Twitter’s new owner Elon Musk told advertisers on Wednesday he aimed to turn the social…
Disney sees biggest one-day loss in over two decades as streaming costs mount
By Eva Mathews (Reuters) -Shares in Walt Disney Co closed 13% lower, its biggest one-day loss since 2001, on Wednesday,…
Latam Airlines and pilots in Chile reach deal averting strike
SANTIAGO (Reuters) -Latam Airlines and its main pilots’ union in Chile have reached an agreement staving off a threatened strike,…
Trump cannot delay watchdog for his company, court rules
By Luc Cohen NEW YORK (Reuters) -Former U.S. President Donald Trump on Wednesday lost a bid to delay the appointment…
Carrefour Brasil profit slumps nearly 60% on high interest rates
SAO PAULO (Reuters) -Carrefour Brasil on Wednesday posted a third-quarter adjusted net profit that slumped 59% from a year earlier,…
Judge approves $80 million Porsche U.S. vehicle settlement
By David Shepardson WASHINGTON (Reuters) -A U.S. judge on Wednesday granted final approval to a class-action settlement worth at least…
Hasbro finance chief Deborah Thomas to retire
(Reuters) -Hasbro Inc said on Wednesday its Chief Financial Officer Deborah Thomas would retire, with the toymaker working on hiring…