By Jack Queen (Reuters) – FTX founder Sam Bankman-Fried’s failure to secure release on bail in the Bahamas on Tuesday increases the likelihood that he will consent to extradition to the United S[...]
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December 14, 2022
Trade panel decision on auto rules dispute to come mid-January, Mexico says
MEXICO CITY (Reuters) – A trade panel’s decision under a regional trade pact regarding content requirements for the automotive sector will be published after Jan. 15, Mexico’s econom[...]
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Rupert Murdoch to be deposed in $1.6 billion Dominion defamation case
By Jack Queen and Helen Coster (Reuters) – Fox Corp Chairman Rupert Murdoch is set to be questioned under oath on Tuesday in a defamation lawsuit over his network’s coverage of unfounded vote-ri[...]
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U.S. SEC charges FTX ex-CEO with fraud -statement
WASHINGTON (Reuters) – The U.S. Securities and Exchanges Commission on Tuesday announced charges against the founder of cryptocurrency exchange FTX, Sam Bankman-Fried, accusing him of defrauding[...]
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China’s re-opening and the J-curve in oil consumption: Kemp
By John Kemp LONDON (Reuters) -China’s exit from a coronavirus suppression strategy relying on lockdowns will eventually boost oil consumption by more than 1 million barrels per day (bpd) as dom[...]
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U.S. Congress negotiators say reach gov’t funding deal
By Gram Slattery and Richard Cowan WASHINGTON (Reuters) – Negotiators in the U.S. Congress on Tuesday said they had reached agreement on funding the government through the end of its current fis[...]
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Japan manufacturers’ mood worsens as cost pressures bite
By Leika Kihara and Tetsushi Kajimoto TOKYO (Reuters) – Japanese manufacturers’ mood soured in the final quarter of 2022 to the lowest in nearly two years, a central bank survey showed, as[...]
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Australia to reform mobile wallet, cross-border payments
SYDNEY (Reuters) – Australia’s central bank wants mobile wallet providers to offer least cost routing options for merchants by the end of 2024, under new regulatory powers set to be grante[...]
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Wall St rises after CPI data but Fed concerns persist
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks rose on Tuesday after a unexpectedly small consumer price increase buoyed optimism that the Federal Reserve could soon dial back its inflati[...]
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