NEW YORK (Reuters) -Sentencing hearings have been scheduled for two former executives of bankrupt cryptocurrency exchange FTX who testified against founder Sam Bankman-Fried, court records showed on T[...]
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July 9, 2024
Anglo American hires banks for coal assets sale, sources say
LONDON (Reuters) – Anglo American has hired three banks for the sale of its steelmaking coal assets, which analysts value at as much as $5 billion and is part of a broader restructuring to fend[...]
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Global gold ETFs saw second month of inflows in June, says WGC
LONDON (Reuters) – Global physically backed gold exchange traded funds (ETFs) saw the second consecutive month of inflows in June due to additions to holdings by Europe- and Asia-listed funds, t[...]
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Boeing deliveries drop 27% in June year-on-year
By Allison Lampert (Reuters) – Boeing said on Tuesday it delivered more commercial jets in June than in any other month this year, but the total of 44 planes represented a 27% drop on an annual[...]
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Adidas set to benefit as Nike struggles
By Linda Pasquini (Reuters) – The success of Adidas’ low-rise multi-coloured Samba and Gazelle sneakers, along with weaker sales at rival Nike, should help the German sportswear brand deli[...]
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Meta expands hate speech policy to remove more posts targeting ‘Zionists’
(Reuters) – Meta Platforms said on Tuesday it would start taking down more posts that target “Zionists”, where the term is used to refer to Jewish people and Israelis rather than rep[...]
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Russia talks up business with India as Modi visits Moscow
MOSCOW (Reuters) – Russia and India agreed to increase cooperation in sectors ranging from nuclear power to shipbuilding and discussed how to fix payments problems as their leaders met in Moscow[...]
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France’s election outcome ‘negative’ for credit rating, Moody’s warns
By Marc Jones LONDON (Reuters) -The outcome of France’s parliamentary election is negative for the country’s credit rating, Moody’s has warned, as a grand coalition would make decisi[...]
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Fisker to recall over 12,000 Ocean vehicles
(This June 28 story has been corrected to say Fisker recalled thousands of cars, not more than 18,000 cars, earlier in the month of June, in paragraph 8) (Reuters) – Electric-vehicle firm Fisker[...]
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