Retired pro-Western general Pavel wins Czech presidential election

Retired pro-Western general Pavel wins Czech presidential election

Pavel wins searing vote against ex-PM Babis Pavel gives clear support to Ukraine and the West Promises to end divisions brought by Babis, outgoing Zeman Record voter turnout in the presidential election PRAGUE, Jan 28 (Reuters) – Former army chief and senior NATO official Petr Pavel won the Czech Republic’s presidential election on Saturday on … Read more

Exclusive: Senior US Treasury official to warn UAE and Turkey over sanctions breaches

Exclusive: Senior US Treasury official to warn UAE and Turkey over sanctions breaches

WASHINGTON, Jan 28 (Reuters) – The top U.S. Treasury Department sanctions official on a trip to Turkey and the Middle East next week will warn countries and companies they could lose access to the U.S. market if they do business with entities subject to US restrictions as Washington cracks down on Russian attempts to evade … Read more

Electric vehicle maker Lucid rushes Saudi PIF report to buy remaining stake

Electric vehicle maker Lucid rushes Saudi PIF report to buy remaining stake

Jan 27 (Reuters) – Shares of Lucid Group (LCID.O) jumped 43% on Friday, trimming gains after doubling down on market speculation that Saudi Arabia’s Public Investment Fund (PIF) wanted buy the electric vehicle manufacturer. The speculation stemmed from an “uncooked” alert attributed to deals website Betaville, using its term for market gossip. Lucid was the … Read more

Indian Adani begins record sell-off in shares as short seller triggers $44bn rout

Indian Adani begins record sell-off in shares as short seller triggers bn rout

MUMBAI, Jan 27 (Reuters) – Shares of Indian firm Adani Enterprises (ADEL.NS) fell 15% on Friday as a scathing report from a U.S. short seller sparked a rout at the conglomerate’s listed companies , casting doubts on how investors will react to the company’s record $2.45 billion secondary sale. Seven listed companies in the Adani … Read more

Rupert Murdoch drops proposal to merge Fox, News Corp, considers sale of Move

Rupert Murdoch drops proposal to merge Fox, News Corp, considers sale of Move

Jan 24 (Reuters) – Rupert Murdoch on Tuesday withdrew his proposal to bring together News Corp (NWSA.O) and Fox Corp as the company also plans to sell Move Inc, which operates the Realtor.com website, to the CoStar Group, according to to a regulatory filing and to sources familiar with the process. Three sources familiar with … Read more

China proposes Sri Lanka debt moratorium, IMF aid still uncertain

China proposes Sri Lanka debt moratorium, IMF aid still uncertain

China offers debt service relief in 2022, 2023 Sri Lankan sources unsure if China’s letter will be enough for IMF Broad IMF-China deal on Zambia could provide clues NEW DELHI/COLOMBO, Jan 24 (Reuters) – The Export-Import Bank of China has offered Sri Lanka a two-year debt moratorium and said it would support the country’s efforts … Read more

Wall Street falters after mixed earnings and trade glitch

Wall Street falters after mixed earnings and trade glitch

SEC investigates NYSE bell opening issue 3M slips on pessimistic forecast for the first quarter J&J comes across a sell warning; GE down on weak earnings Microsoft to release quarterly results after market close Indices: Dow up 0.18%, S&P 500 down 0.13%, Nasdaq down 0.25% NEW YORK, Jan 24 (Reuters) – Wall Street was mixed … Read more

Exclusive: Binance Moved $346 Million For Seized Crypto Exchange Bitzlato, Data Shows

Exclusive: Binance Moved 6 Million For Seized Crypto Exchange Bitzlato, Data Shows

LONDON, Jan 24 (Reuters) – Crypto giant Binance has handled nearly $346 million in bitcoin for digital currency exchange Bitzlato, whose founder was arrested by U.S. authorities last week for allegedly mining a “money laundering engine,” according to blockchain data seen by Reuters shows. On Jan. 18, the Justice Department said it had charged Bitzlato … Read more

New Zealand’s Ardern bids emotional farewell on final day as Prime Minister

New Zealand’s Ardern bids emotional farewell on final day as Prime Minister

WELLINGTON, Jan 24 (Reuters) – Jacinda Ardern said a moving farewell on Tuesday on her last day as prime minister, speaking of the kindness and empathy shown to her by New Zealanders, but said she was ready to be a sister and a mother. Days after stunning the world when she announced she had ‘nothing … Read more

Cryptoverse: Bitcoin Investors Take Control

Cryptoverse: Bitcoin Investors Take Control

Jan 24 (Reuters) – Paranoid? The fall of dominoes from FTX and other crypto custodians is enough for the most confident investor to grab their bitcoin and stuff it under the mattress. In effect, holders large and small are taking “self-custody” of their funds, moving them from crypto exchanges and trading platforms to personal digital … Read more