(Reuters) – Berkshire Hathaway Inc, run by billionaire Warren Buffett, on Friday warned investors it has no affiliation with a purported cryptocurrency brokerage website using the Berkshire Hath[...]
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Europe
U.S. dollar positioning turns net short for first time since July 2021 -CFTC, Reuters data
NEW YORK (Reuters) – The U.S. dollar’s net positioning turned net short in the latest week for the first time since mid-July 2021, according to calculations by Reuters and U.S. Commodity F[...]
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Global stocks gain on hopes recession warning forces Fed’s hand
By Herbert Lash and Carolyn Cohn NEW YORK/LONDON (Reuters) – Global equities edged up and a key part of the Treasury yield curve inverted further on Friday, a sign the U.S. economy will stall ne[...]
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Dollar gains with bond yields up, Fed in focus
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) – The dollar gained slightly on Friday and remained on track for its largest weekly gain in over a month as investors eyed rising bond[...]
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From Apollo to DZ Bank, funds snap up bargains in UK pension scramble
By Nell Mackenzie LONDON (Reuters) – Credit funds at Blackstone, Apollo, DZ Bank and Astra Asset Management picked up bargains from UK pension funds during their scramble for cash, and some say[...]
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FTX founder’s remarks pose challenge for his lawyers
By Andrew Goudsward (Reuters) – FTX founder Sam Bankman-Fried, facing mounting legal challenges over the collapse of his cryptocurrency exchange, may have harmed his defense by speaking publicly[...]
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Oil slides 2%, posts second weekly decline as supply fears recede
By Laila Kearney NEW YORK (Reuters) -Oil dropped by about 2% on Friday, logging a second weekly decline, due to concern about weakened demand in China and further increases to U.S. interest rates. Bre[...]
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FTX’s Sam Bankman-Fried cashed out $300 million during funding spree – WSJ
(Reuters) – FTX founder Sam Bankman-Fried sold a stake in the company worth $300 million when the crypto exchange raised capital last year, the Wall Street Journal reported on Friday, citing the[...]
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Deutsche Bank sued for $150 million in New York by exonerated trader who alleges coverup
By Jonathan Stempel NEW YORK (Reuters) – Deutsche Bank AG has been sued for $150 million by a former trader whose conviction for rigging the Libor rate benchmark was overturned, and who says the[...]
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