(Fixes typo in paragraph 6) By Michael S. Derby (Reuters) -Persistently massive inflows of cash into a key Federal Reserve facility are in large part being driven by a bank liquidity regulation change[...]
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December 3, 2022
Archegos’ Bill Hwang says prosecutor misconduct justifies indictment’s dismissal
By Jonathan Stempel NEW YORK (Reuters) – Bill Hwang is seeking the dismissal of his U.S. fraud indictment over the collapse of his once-$36 billion Archegos Capital Management LP, saying prosecu[...]
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UniCredit to assess CEO pay rise ahead of general meeting
By Valentina Za MILAN (Reuters) -UniCredit will reassess the remuneration of CEO Andrea Orcel ahead of its 2023 general meeting to see if the results achieved by Italy’s second-biggest bank in 2[...]
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Renault and Nissan forgo Wednesday announcement of alliance deal – sources
By Maki Shiraki and Norihiko Shirouzu TOKYO (Reuters) -Renault SA and Nissan Motor Co are set to forgo a Wednesday announcement of a deal to restructure their automotive alliance as they struggle to b[...]
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Delta offers pilots hefty pay raises as unions flex bargaining power
By Rajesh Kumar Singh and David Shepardson CHICAGO (Reuters) -Delta Air Lines has offered a 34% cumulative pay increase to its pilots over three years in a new contract, demonstrating the bargaining p[...]
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G7 coalition agrees $60 per barrel price cap for Russian oil
By Jan Strupczewski, Kate Abnett, David Lawder and Andrea Shalal WASHINGTON/BRUSSELS (Reuters) -The Group of Seven (G7) nations and Australia on Friday said they had agreed a $60 per barrel price cap[...]
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France’s Macron discussed Twitter content rules in meeting with Musk
(Reuters) – Emmanuel Macron said he had a “clear and honest” discussion with Twitter owner Elon Musk about the social media platform’s content moderation policies, just a day a[...]
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Unilever: Ben & Jerry’s has no power to sue over Israeli ice cream sale
By Jessica DiNapoli and Jonathan Stempel NEW YORK (Reuters) – Unilever plc asked a U.S. judge to dismiss a lawsuit by Ben & Jerry’s over the sale of its Israeli ice cream business, say[...]
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FTX’s LedgerX attracts interest from Blockchain.com, Gemini- Bloomberg
(Reuters) – FTX’s digital currency futures and clearinghouse LedgerX is up for sale and has attracted interest from crypto firms including Blockchain.com, Gemini, Bitpanda and Kalshi, Bloo[...]
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