(Reuters) – The U.S. Securities and Exchange Commission (SEC) is heightening the scrutiny of the work audit firms do for cryptocurrency companies, a senior official of the regulator told the Wal[...]
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December 22, 2022
Two Bankman-Fried associates plead guilty to fraud as FTX founder heads to U.S
By Luc Cohen, Jared Higgs and Jack Queen NEW YORK/NASSAU (Reuters) -FTX founder Sam Bankman-Fried left the Bahamas on Wednesday on a U.S.-bound flight to face fraud charges as federal prosecutors anno[...]
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Factbox-Tesla’s key managers in China
SHANGHAI (Reuters) – Tesla Inc has tapped China chief Tom Zhu to troubleshoot production engineering challenges in the United States, according to two people with knowledge of the matter. They a[...]
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UK watchdog fines Deloitte over SIG audit
By Tom Wilson LONDON (Reuters) -Britain’s accounting watchdog said on Thursday it had fined Deloitte LLP more than 900,000 pounds ($1.09 million) over its audits of building materials supplier S[...]
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Carmaker Renault issues 210 billion yen bond
PARIS (Reuters) – French carmaker Renault has issued a 210 billion yen ($1.6 billion) bond that will mature in December 2026 and carry a coupon of 2.80%, it said on Thursday, adding this highlig[...]
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SK E&S issues convertible preferred shares worth $576 million through KKR
SEOUL (Reuters) – South Korean energy company SK E&S said on Thursday it plans to issue new redeemable convertible preferred shares (RCPS) worth 735 billion won ($576 million) through global[...]
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Buyout funds rethink deal financing amid shortage of debt
By Andres Gonzalez and Pablo Mayo Cerqueiro LONDON (Reuters) – Private equity funds are rethinking how they pull off large deals after a 40.4% contraction in global buyout activity amid a shorta[...]
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Santa makes a brief stop
A look at the day ahead in European and global markets from Ankur Banerjee Markets are attempting a brief Santa rally ahead of Christmas as traders wind down for the year, with a rebound in U.S. consu[...]
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Toshiba’s preferred bidder to seal $10.6 billion loan deal this week -Yomiuri
TOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, is set to sign a loan agreement of about 1.4 trillion yen ($10.6 billion) with lenders this week,[...]
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