Morning Bid: Oil-fueled rally turns to Powell
Federal Reserve Board Chairman Jerome Powell answers a question during a press conference following a closed two-day meeting of the...
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India’s Byju’s in talks to sell unit Epic for $400 mln to PE fund Joffre – Bloomberg News
People walk past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one...
The other crypto bosses in US authorities’ crosshairs
Zhao Changpeng, founder and chief executive officer of Binance speaks during an event in Athens, Greece, November 25, 2022. REUTERS/Costas Baltas/File Photo Acquire Licensing RightsWASHINGTON, Nov 3 (Reuters) - Onetime crypto poster child Sam Bankman-Fried was on Thursday found guilty of defrauding customers of his now-bankrupt crypto exchange FTX, in a high-profile criminal case that rocked the industry.But he's not the only one in regulators' sights. As token prices plummeted last year, the sector saw other stunning meltdowns that put several industry moguls into authorities' crosshairs.Investigations are not necessarily an...
Morning Bid: Stocks clocking best week of the year
A look at the day ahead in U.S. and global markets from Mike DolanMarkets are betting central banks are done...
Analysis: Central banks’ big pause spurs bruised bond investors to double down
US, UK, Norway keep rates unchangedRate pause plus high yields entice bond investorsSlowdown bets back on the tableLONDON, Nov 2...
Jury in FTX founder Sam Bankman-Fried’s fraud trial begins deliberations
NEW YORK, Nov 2 (Reuters) - The jury in Sam Bankman-Fried's fraud trial began deliberations on Thursday following a monthlong trial in which prosecutors accused the FTX cryptocurrency exchange founder of stealing billions of dollars of customer funds.Bankman-Fried is poised to learn his fate in Manhattan federal court nearly a year after FTX declared bankruptcy as its customers raced to withdraw their funds in a collapse that shocked cryptocurrency markets and obliterated the 31-year-old's fortune, once estimated by Forbes at $26 billion.Bankman-Fried has pleaded not guilty to two counts of...
Exclusive: UK rips up state guarantees on nearly 1 billion pounds of COVID loans
LONDON, Nov 1 (Reuters) - The UK government has scrapped guarantees on nearly 1 billion pounds ($1.2 billion) of bank...
India’s forex reserves fall to $583.53 bln as of Oct 20 – cenbank
Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsMUMBAI, Oct 27...
Yellen says community banking investments boost lending to Black, Latino firms sharply
U.S. Treasury Secretary Janet Yellen addresses a news conference during a G20 finance ministers' and Central Bank governors' meeting at...
Morning Bid: Big Tech reports as bond yields recoil
A look at the day ahead in U.S. and global markets from Mike DolanBig Tech heavyweights Microsoft (MSFT.O) and Alphabet...
