By Stella Qiu SYDNEY (Reuters) – Australia’s central bank on Tuesday raised interest rates to a 10-year high and stuck with its projection that more hikes are needed to cool inflation, a s[...]
Read more
December 6, 2022
Exclusive-Goldman Sachs on hunt for bargain crypto firms after FTX fiasco
By Iain Withers and Lawrence White LONDON (Reuters) – Goldman Sachs plans to spend tens of millions of dollars to buy or invest in crypto companies after the collapse of the FTX exchange hit val[...]
Read more
The rise and fall of Wirecard
(Reuters) – Payments company Wirecard collapsed in 2020 in Germany’s biggest post-war fraud scandal. A trial will start in Munich on Thursday, with former Chief Executive Markus Braun faci[...]
Read more
Wirecard in the dock as Germany’s biggest fraud trial starts
By Jörn Poltz and Christian Kraemer MUNICH/BERLIN (Reuters) – Former Wirecard executives go on trial on Thursday, two years after the collapse of the payments company that produced Germany[...]
Read more
Australia sues AmEx on alleged breach of credit card distribution laws
(Reuters) -The Australian securities regulator on Tuesday took the local unit of American Express Co (AmEx) to court alleging two of its credit cards co-branded with retailer David Jones were issued a[...]
Read more
Marketmind: Powerless
A look at the day ahead in European and global markets from Anshuman Daga Just as missile attacks fuel worries of emergency blackouts in Ukraine, global equities are also feeling the pain from U.S. ec[...]
Read more
Philippines inflation at 14-year high, backs case for 50 bps rate hike
By Neil Jerome Morales and Enrico Dela Cruz MANILA (Reuters) – Philippine annual inflation surged to a 14-year high in November driven mainly by higher food prices, the statistics agency said on[...]
Read more
Exclusive: Musk’s Neuralink faces federal probe, employee backlash over animal tests
By Rachael Levy (Reuters) – Elon Musk’s Neuralink, a medical device company, is under federal investigation for potential animal-welfare violations amid internal staff complaints that its animal[...]
Read more
Union says Microsoft will recognize unit of videogame testers
By Daniel Wiessner (Reuters) – Microsoft Corp will voluntarily recognize a union of about 300 videogame testers at subsidiary ZeniMax Studios if they vote to unionize, a first for the company in[...]
Read more