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U.S. House committee chair says Bankman-Fried must testify next week

BY Reuters  • December 5, 2022December 5, 2022
(Reuters) – The chair of the U.S. House of Representatives Financial Services Committee demanded on Monday that Sam Bankman-Fried, founder and former CEO of the now-bankrupt crypto exchange FTX,[...]
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BP doubles down on hydrogen as fuel of the future

BY Reuters  • December 5, 2022December 5, 2022
By Ron Bousso LONDON (Reuters) – BP chief executive Bernard Looney is betting on hydrogen to power future low-carbon businesses as the governments of major economies stump up cash to develop the[...]
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French prosecutors name Ukrainian suspect in Lebanese central bank probe

BY Reuters  • December 5, 2022December 5, 2022
(This story has been refiled to fix a typo in paragraph 11.) By David Gauthier-Villars (Reuters) – French prosecutors said on Monday they have put a Ukrainian woman linked to the governor of Leb[...]
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Vodafone CEO to leave after frustrating four years for shareholders

BY Reuters  • December 5, 2022December 5, 2022
By Paul Sandle LONDON (Reuters) – Nick Read will step down as Vodafone chief executive by the end of the year, ending a four-year tenure during which the British telecom group’s share pric[...]
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U.S. factory orders beat expectations in October

BY Reuters  • December 5, 2022December 5, 2022
WASHINGTON (Reuters) – New orders for U.S.-manufactured goods increased more than expected in October amid strong gains in demand for machinery and a range of other goods, which could allay conc[...]
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AT&T to pay $6 million to SEC to settle lawsuit over leaks to analysts

BY Reuters  • December 5, 2022December 5, 2022
(Reuters) – AT&T Inc. has agreed to pay a $6.25 million penalty to settle a Securities and Exchange Commission lawsuit accusing the phone company of selectively leaking financial information[...]
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G7 price cap on Russian oil kicks in, Russia will only sell at market price

BY Reuters  • December 5, 2022December 5, 2022
By Jan Strupczewski BRUSSELS (Reuters) – The Group of Seven price cap on Russian seaborne oil came into force on Monday as the West tries to limit Moscow’s ability to finance its war in Uk[...]
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Explainer-Why the U.S. Inflation Reduction Act has Europe up in arms

BY Reuters  • December 5, 2022December 5, 2022
By Leigh Thomas PARIS (Reuters) – Top European Union officials will use a trade meeting with U.S. counterparts on Monday to press concerns about Washington’s huge new green energy subsidy[...]
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Apple and Amazon resume advertising on Twitter – reports

BY Reuters  • December 5, 2022December 5, 2022
(Reuters) – Amazon.com Inc and Apple Inc are planning to resume advertising on Twitter, according to media reports on Saturday. The developments follow an email sent by Twitter on Thursday to ad[...]
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