(Reuters) – Crypto exchange FTX filed for Chapter 11 bankruptcy protection in the United States on Friday following its spectacular collapse that has sent shivers through the industry. The U.S.[...]
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Europe
Renault considers transferring over half of Nissan stake to match holdings – Nikkei
TOKYO (Reuters) -Renault SA may transfer more than half its stake in Nissan Motor to a trust to match the Japanese car maker’s holdings in itself, the Nikkei newspaper reported on Thursday. Rena[...]
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Global stocks slip, dollar steady as retail sales tip Fed outlook
By Herbert Lash and Amanda Cooper NEW YORK/LONDON (Reuters) -Global stocks slid from two-month highs and the safe-haven dollar steadied on Wednesday after stronger-than-expected U.S. retail sales clou[...]
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FTX’s Bahamas liquidators question the validity of U.S. bankruptcy
By Dietrich Knauth (Reuters) -Liquidators for FTX’s Bahamas unit, FTX Digital Markets, have asked a New York City court to recognize its bankruptcy in the Bahamas, saying they “reject the[...]
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Coinbase CFO says full contagion impact of FTX collapse still to show – WSJ
(Reuters) – The full extent of the fallout on the crypto industry from the collapse of Sam Bankman-Fried’s FTX was yet to come out, Coinbase Global Inc Chief Financial Officer Alesia Haas[...]
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CDB Aviation latest lessor to take insurers to court
DUBLIN (Reuters) – CDB Aviation became the latest aircraft lessor to start legal action in pursuit of claims against a large number of insurers over jets it owns that are stuck in Russia, an Iri[...]
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Fed’s standing repo facility a key tool some say could be improved
By Michael S. Derby NEW YORK (Reuters) – A Federal Reserve tool that provides liquidity in times of stress could be strengthened if it were open to more participants and integrated into how regu[...]
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Flutter sees five-fold jump in Fanduel revenue long term
By Padraic Halpin DUBLIN (Reuters) -Flutter sees revenue at its rapidly growing and market leading U.S. Fanduel business jumping by 4.5 to 5-times to around $15 billion over the long term, the world[...]
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UK banks say consumer safeguard could backfire in cost of living crisis
By Huw Jones LONDON (Reuters) – Britain’s banks are proactively helping customers hit by the cost of living crisis, but implementing a new “consumer duty” on time could exclude[...]
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