By Tom Wilson, Medha Singh and Lisa Pauline Mattackal (Reuters) – Bitcoin staggered into 2022. It ends the year slumped in an alleyway, robbed of its cocktail of cheap money and leveraged bets,[...]
Read more
December 20, 2022
3M to end ‘forever chemicals’ output at cost of up to $2.3 billion
(Reuters) -U.S. industrial conglomerate 3M Co on Tuesday set a 2025 deadline to stop producing PFAS, the “forever chemicals” used in anything from cell phones to semiconductors that have b[...]
Read more
Siemens Gamesa names Luijendijk CEO of onshore wind unit
By Andres Gonzalez LONDON (Reuters) – Wind turbine maker Siemens Gamesa has appointed its Asia Pacific boss Richard Luijendijk as chief executive of its onshore unit as it seeks to turn around t[...]
Read more
Cryptocurrencies at crossroads after annus horribilis
By Vidya Ranganathan SINGAPORE (Reuters) – To borrow from Britain’s Queen Elizabeth, 2022 is not a year on which the cryptocurrency world shall look back with undiluted pleasure. Crashes,[...]
Read more
Copper smelter Aurubis plans 530 million euros in new investments
BERLIN (Reuters) – Europe’s largest copper smelter Aurubis scrapped its existing dividend policy and announced 530 million euro ($562.44 million) of growth-oriented investments, the compan[...]
Read more
EU states reject ban on ‘payment-for-order-flow’ share trades
By Huw Jones LONDON (Reuters) – European Union member states on Tuesday rejected plans to ban brokers earning fees in return for directing share trades to specific trading platforms, part of a s[...]
Read more
Analysis-Private U.S. energy producers tap niche funding as bank lines dry up
By Shankar Ramakrishnan and David French (Reuters) – Private U.S. oil and gas companies are increasingly turning to a niche financing structure that securitizes their production, providing a fun[...]
Read more
FTX’s Bankman-Fried signs extradition papers as Wednesday hearing looms
By Maria Alejandra Cardona and Jared Higgs NASSAU (Reuters) – FTX founder Sam Bankman-Fried has signed legal papers paving the way for his extradition from The Bahamas to the United States, wher[...]
Read more
Nasdaq CEO named chair of exchange’s board of directors
(Reuters) -Nasdaq Inc Chief Executive Adena Friedman will take on the additional role of chair of the board on Jan. 1, the company said late on Monday, executing a playbook similar to its peers but fr[...]
Read more