Trading
Behind FTX’s fall, battling billionaires and a failed bid to save crypto
By Angus Berwick and Tom Wilson (Reuters) – On Tuesday morning, Sam Bankman-Fried, owner of cryptocu...
10th November, 2022
financial crisis
Business
Meta cuts 11,000 jobs as it sinks more money into the metaverse
By Aditya Soni and Nivedita Balu (Reuters) – Meta Platforms Inc said on Wednesday it would cut more...
9th November, 2022
Top Stories
Republican ‘red wave’ fizzles, but midterm race for U.S. Congress tight
By Gabriella Borter and Tim Reid BIRMINGHAM, Mich./PHOENIX, Ariz. (Reuters) – Republicans made modes...
9th November, 2022
Top Stories
Britain’s M&S warns of ‘gathering storm’ of higher costs and weak consumer
By James Davey LONDON (Reuters) -British retailer Marks & Spencer warned on Wednesday of a “gatherin...
9th November, 2022
Top Stories
Adidas slashes 2022 outlook after Kanye West split
By Rachel More BERLIN (Reuters) -Adidas further slashed its outlook for 2022 on Wednesday as it weig...
9th November, 2022
Top Stories
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
Top Stories
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
Top Stories
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
Top Stories
Pandora braces for recession despite resilient demand
By Nikolaj Skydsgaard COPENHAGEN (Reuters) -Danish jewellery maker Pandora reported third-quarter sa...
8th November, 2022
Top Stories
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
Top Stories
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