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Business

StaffDecember 14, 2022

Exclusive: China readying $143 billion package for its chip firms in face of U.S. curbs

HONG KONG, Dec 13 (Reuters) – China is working on a more than 1 trillion yuan ($143 billion) support package…
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Business

StaffDecember 13, 2022

FTX founder Sam Bankman-Fried charged with fraud, denied bail

NASSAU, Bahamas/NEW YORK, Dec 13 (Reuters) – U.S. prosecutors on Tuesday accused Sam Bankman-Fried, the founder of crypto currency exchange…
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World

StaffDecember 13, 2022

German car giants and Asian battery kings: a match made in Hungary

German, Chinese and S.Koreans head to Hungary They dominate auto investment and subsidies Orban’s Hungary keen to court foreign business…
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Business

StaffDecember 13, 2022

Options traders brace for big swings as U.S. CPI data, Fed meeting loom

NEW YORK, Dec 12 (Reuters) – Options traders are bracing for a week of swings in U.S. stocks ahead of…
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Business

StaffDecember 13, 2022

Cryptoverse: Jump or slump? $30k or $5k? Play the bitcoin roulette

Dec 13 (Reuters) – Plucky bitcoin’s been holding steady since seeing off the chaos of the FTX collapse, gathering its…
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Business

StaffDecember 13, 2022

Former FTX CEO Bankman-Fried arrested in Bahamas after U.S. files charges

Dec 12 (Reuters) – (Editor’s note: This story contains language in paragraph 18 that some readers may find offensive) FTX…
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Business

StaffDecember 13, 2022

U.S. consulted with Japan, Netherlands on chip curbs to China -Sullivan

Dec 12 (Reuters) – The United States has spoken with its partners including Japan and the Netherlands to tighten chip-related…
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Business

StaffDecember 12, 2022

Oil jumps 3% on supply risks amid ongoing Keystone outage

Brent could top $90/bbl on Fed pivot, China demand -BofA Keystone pipeline timetable for restart unclear NEW YORK, Dec 12…
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Business

StaffDecember 12, 2022

Dollar seesaws as inflation outlook stays high on investors’ radar

LONDON, Dec 12 (Reuters) – The dollar edged lower on Monday but losses were contained by data last week that…
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World

StaffDecember 9, 2022

Twenty oil tankers halted near Istanbul in insurance dispute

Backlog unsettling oil and tanker markets Turkey says out of question to take insurance risk Yellen says oil from Kazakhstan…
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