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Nomura’s India head of investment banking steps down -sources
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Dassault Systemes targets doubling of earnings per share by 2028, announces new CEO
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Japanese investors plan to sue MUFG unit over Credit Suisse bonds – Nikkei
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Asia shares lifted by Fed pause bets; China real estate retreats
Analysis-US SEC crackdown on Coinbase, Binance puts crypto exchanges on notice
Date: June 9, 2023
WASHINGTON (Reuters) -Other U.S. crypto exchanges are likely to be in the firing line after the Securities and Exchange Commission (SEC) this week sued Coinbase and Binance, two of the world’s largest crypto exchanges, for allegedly breaching its rules. The SEC on Tuesday alleged Coinbase traded at least 13 crypto assets that are securities and...
FTX U.S. judge expresses doubts about parallel Bahamian bankruptcy
Date: June 9, 2023
FTX U.S. judge expresses doubts about parallel Bahamian bankruptcy By Dietrich Knauth NEW YORK (Reuters) – The judge overseeing FTX’s U.S. bankruptcy said Thursday that he would not defer to a Bahamian court about key issues like which FTX entity should collect assets and repay customers of the bankrupt crypto exchange. Liquidators for FTX Digital...
COP28 president says fossil fuels phasedown is inevitable
Date: June 9, 2023
BERLIN (Reuters) – The phasedown of fossil fuels is inevitable, the United Arab Emirates’ incoming COP28 president said on Thursday, in stronger remarks than previous comments where he called for the scaling down of fossil fuel emissions rather than the fuels themselves. Sultan Ahmed al-Jaber, who also runs the UAE’s state oil giant, has been...
Oil falls on potential Iran deal, weak demand prospects
Date: June 8, 2023
(Reuters) -Oil prices fell $3 a barrel on Thursday as demand weakness and a report the U.S. and Iran may be approaching a deal on oil exports outweighed expectations of tighter Saudi supply and a potential pause to U.S. interest rate hikes. Oil fell on a news report, citing sources, that Iran and the U.S....
UK’s Sunak, Biden to focus on deepening economic ties at White House meeting
Date: June 8, 2023
WASHINGTON (Reuters) -U.S. President Joe Biden and British Prime Minister Rishi Sunak were expected to focus on deepening close economic ties between the United States and Britain as they gathered at the White House on Thursday, with Russia’s war in Ukraine another big topic for the NATO allies. The two leaders shared laughs and more...
CRH shareholders back primary listing switch to New York from London
Date: June 8, 2023
DUBLIN (Reuters) – CRH shareholders on Thursday approved a plan to move the building materials company’s primary stock market listing to New York from London, with CEO Albert Manifold predicting “significant benefits” from the switch. More than 95% of shareholders at an extraordinary general meeting backed the move by the Dublin-based company. CRH is the...