NEW YORK/LONDON, Dec 22 (Reuters) – New York and London bankers are bracing for end-of-year bonuses that recruiters estimate are 30% to 50% lower, while some may receive nothing at…
Tag: FIN
Core Scientific Files for Bankruptcy as Crypto Winter Bites
Dec 21 (Reuters) – Core Scientific Inc (CORZ.O), one of the largest publicly traded cryptocurrency mining companies in the United States, said on Wednesday it had filed for bankruptcy protection…
ECB slows rate hikes but vows to continue fight against inflation
ECB raises rates by 50 basis points, signals similar hikes QT will start in March Eurozone recession looms Upside Inflation Risks FRANKFURT, Dec 15 (Reuters) – The European Central Bank…
Meta takes on the US antitrust agency over the future of virtual reality
SAN JOSE, Calif./WASHINGTON, Dec 8 (Reuters) – The Biden administration on Thursday accused Meta Platforms Inc. (META.O) to try to buy his way to dominance in the metaverselaunching a high-profile…
Stocks fall, dollar stabilizes as market assesses Fed rate policy
NEW YORK/LONDON, Dec 6 (Reuters) – Global stocks headed for a third straight day of losses on Tuesday and the dollar held steady as the market assesses how long the…
Vodafone CEO quits after four years of shareholder frustration
CEO Nick Read to step down by December 31 The CFO takes over as interim Shares have fallen more than 40% since Read took over LONDON, Dec 5 (Reuters) –…
Investing: Active or Passive?
The merits of active and passive investment have been debated for years, an average of 35 per cent of active equity funds outperformed their passive peer in the 12 months…
Qatar signs 27-year deal with China as LNG competition intensifies
Kaabi says discussions with other Chinese and European buyers are ongoing Says buyers can take up to 5% stake in expansion Agreement indicates importance of long-term secure supply DOHA, Nov…
Cryptoverse: Bitcoin wants to break its link with stocks
Nov 1 (Reuters) – After months of tears and tantrums, bitcoin wants to break away from stock markets. The cryptocurrency, which has been closely correlated to tech stocks for much…
Debt market tensions in Europe force some governments to rework trade rules
Oct 31 (Reuters) – Some eurozone countries have eased rules for banks handling their government debt trading to help them weather some of the toughest market conditions in years, officials…