By Hannah Lang, Niket Nishant and Manya Saini (Reuters) -Cryptocurrency lender BlockFi has filed for Chapter 11 bankruptcy protection, it said on Monday, the latest industry casualty after the firm wa[...]
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Global shipping growth at risk from economic gloom, UNCTAD says
By Jonathan Saul LONDON (Reuters) – The pace of global shipping activity is set to lose steam next year as economic turmoil, conflict in Ukraine and the impact of the pandemic weaken the outlook[...]
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Rates and recession: European shares face rocky start to 2023: Reuters Poll
By Danilo Masoni MILAN (Reuters) – Tightening financial conditions and the prospect of an economic recession are going to be a toxic brew for European shares going into 2023 with a key regional[...]
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Trump ally Devin Nunes can sue NBCUniversal for defamation – judge
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Monday said Devin Nunes, the former California congressman and an ally of former U.S. President Donald Trump, can sue NBCUniversal for de[...]
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Lawsuit against Google over app store competition gets class-action designation
By Mike Scarcella (Reuters) – A U.S. judge in California on Monday allowed litigation against Alphabet Inc’s Google to proceed as a consumer class action of 21 million individuals who accu[...]
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Wall Street ends down sharply, hit by Apple and China worries
By Ankika Biswas and Noel Randewich (Reuters) – U.S. stocks ended sharply lower on Monday after protests in major Chinese cities against strict COVID-19 policies sparked concerns about economic[...]
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Retailers on track for record Cyber Monday -Adobe Analytics
By Uday Sampath Kumar and Siddharth Cavale (Reuters) -Spending on Cyber Monday, the biggest U.S. online shopping day, may hit a record $11.6 billion according to one preliminary estimate, as discounts[...]
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The yuan’s the new dollar as Russia rides to the redback
By Elena Fabrichnaya and Samuel Shen MOSCOW/SHANGHAI (Reuters) – Chinese entrepreneur Wang Min is delighted about Russia’s embrace of the yuan. His LED lights company can price contracts t[...]
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Credit Suisse bonds, stock fall as bank turnaround worries investors
(Reuters) -Credit Suisse bonds fell and the cost of insuring its debt against default rose on Monday as the Swiss bank struggled to win over rattled investors following an exodus of client cash and wi[...]
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