LONDON (Reuters) – The lending unit of U.S. crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, the latest company toppled by a market rout last year that wiped about $1.3 tril[...]
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January 20, 2023
European stocks end lacklustre week higher
By Ankika Biswas, Bansari Mayur Kamdar and Sruthi Shankar (Reuters) – European shares closed higher on Friday but marked weekly losses as investors took a cautious view of the earnings season an[...]
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Oilfield services firm SLB beats fourth-quarter profit forecast
By Arunima Kumar and Liz Hampton (Reuters) -Top oilfield services firm SLB on Friday reported results that topped Wall Street estimates for fourth-quarter profit on strong global demand for its drilli[...]
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GM invests $918 million in U.S. plants for gas engine, EV components
By David Shepardson WASHINGTON (Reuters) – General Motors said Thursday it was investing $918 million in four U.S. plants for V-8 gasoline engine production and electric vehicle components. The[...]
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Strong Canada retail sales forecast adds fodder to rate hike argument
By Ismail Shakil OTTAWA (Reuters) – Canadian retail sales edged down 0.1% in November from the previous month before bouncing back in December, data published on Friday showed, adding to other r[...]
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Global CEOs losing confidence in their leadership teams -survey
By Paritosh Bansal (Reuters) – Chief executives of global corporations are losing confidence in their leadership teams’ ability to tackle issues like digital technology, climate change and[...]
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Who is Barry Silbert, the head of Genesis-owner DCG?
By Tom Wilson and Hannah Lang (Reuters) – As an investment banker, Barry Silbert worked on some of the highest-profile corporate failures. Now, as founder of venture capital firm Digital Currenc[...]
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Deutsche Bank investment bank bonus pool down less than 10% – source
By Tom Sims and Marta Orosz FRANKFURT (Reuters) – Deutsche Bank’s investment banking bonus pool for last year will fall by somewhat less than 10%, a person with knowledge of the matter sai[...]
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Colombia central bank to raise rate to 13%: Reuters poll
By Nelson Bocanegra BOGOTA (Reuters) – Colombia’s central bank board will once again raise its benchmark interest rate at its meeting next week on persistent inflation which has endured de[...]
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