By Koh Gui Qing NEW PROVIDENCE, Bahamas (Reuters) -Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $12[...]
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Economy
Saudi stock exchange to close on Wednesday after World Cup win against Argentina
CAIRO (Reuters) – The Saudi stock exchange will be closed on Wednesday after Saudi Arabia declared a public holiday and will reopen on Thursday, state TV reported on Tuesday. King Salman bin Abd[...]
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White House ‘open’ to debt ceiling deal before year’s end
WASHINGTON (Reuters) – The White House said on Tuesday that it is open to seeing a debt ceiling increase approved before year-end in Congress’s post-election “lame duck” sessio[...]
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Biden is ‘directly’ involved in railroad strike negotiations – White House
WASHINGTON (Reuters) – U.S. President Joe Biden is “directly” involved in negotiations to end a railroad strike that threatens to shutdown supply chains, the White House said. The pr[...]
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Exclusive-Stonepeak Partners eyes as much as $20 billion for North America infrastructure fund -sources
By Chibuike Oguh NEW YORK (Reuters) – Private equity firm Stonepeak Partners is aiming to raise between $15 billion and $20 billion for its next flagship North American infrastructure fund to in[...]
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LG Chem to invest over $3 billion to build U.S. battery cathode plant
By Heekyong Yang SEOUL (Reuters) -South Korea’s LG Chem Ltd said on Tuesday it will invest more than $3 billion to build a battery cathode factory in Tennessee, as it ramps up plans to meet risi[...]
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UK says Baker Hughes-Altus deal may hurt competition in oil well services
(Reuters) – Britain’s competition watchdog said on Tuesday U.S.-listed oilfield services firm Baker Hughes Co’s acquisition of Altus Intervention could reduce competition among UK oi[...]
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Spain approves mortgage support for more than 1 million households
By Jesús Aguado MADRID (Reuters) – Spain’s cabinet on Tuesday gave its approval to mortgage relief support for more than one million vulnerable households and help for middle-class familie[...]
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Exclusive-Vivendi-Lagardere deal faces full-scale EU antitrust probe -sources
By Foo Yun Chee BRUSSELS (Reuters) – Media group Vivendi’s proposed acquisition of rival Lagardere is likely to face a full-scale EU antitrust investigation, people close to the matter sai[...]
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