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Binance plans to buy rival FTX in bailout as crypto market crumbles
By Hannah Lang and Tom Wilson WASHINGTON/LONDON (Reuters) – Crypto giant Binance signed a nonbinding...
9th November, 2022
financial crisis
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Novavax cuts full-year revenue forecast again amid weak demand
(Reuters) – Novavax Inc cut its full-year revenue forecast on Tuesday for the second time in three m...
9th November, 2022
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Disney streaming beats Wall Street targets, earnings miss
By Dawn Chmielewski and Lisa Richwine (Reuters) – Walt Disney Co said on Tuesday its marquee streami...
8th November, 2022
Investing
UK’s Persimmon signals margin hit amid house price fall
(Reuters) – Persimmon, Britain’s second-largest housebuilder, warned on 2023 profit margins on Tuesd...
8th November, 2022
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Pandora braces for recession despite resilient demand
By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Danish jewellery maker Pandora reported third-quarter sa...
8th November, 2022
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Germany should hike taxes on rich to finance relief packages, advisers say – report
BERLIN (Reuters) – Germany’s economic advisory council will recommend the government raise taxes on...
8th November, 2022
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Ireland to sell 8% of its majority stake in AIB in one go
DUBLIN (Reuters) – The Irish government received more than enough demand to cover the sale of 8% of...
8th November, 2022
Investing
Ryanair hails ‘very strong’ recovery with record summer profit
By Conor Humphries DUBLIN (Reuters) – Ryanair on Monday posted its largest ever profit for its key s...
7th November, 2022
Investing
Analysis-Twitter’s ‘massive’ revenue drop adds to heavy debt burden
By Matt Tracy NEW YORK (Reuters) – Elon Musk’s revelation that Twitter has suffered a “massive” reve...
7th November, 2022
Trading
Sterling rises but gloomy economic outlook remains in focus
LONDON (Reuters) – Sterling rose on Monday, largely boosted by a softer dollar, which pushed the pou...
7th November, 2022
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At COP27, climate ‘loss and damage’ funding makes it on the table
By Laurie Goering SHARM EL-SHEIKH, Egypt (Thomson Reuters Foundation) – Warned that mounting economi...
7th November, 2022
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In U.S. midterm elections, rising rents stir up tenants
By Carey L. Biron WASHINGTON (Thomson Reuters Foundation) – Weeks before the U.S. midterm elections,...
7th November, 2022