WASHINGTON (Reuters) – Credit Suisse Group AG entities, among six defendants in a lawsuit originally filed by Iowa Public Employees Retirement System and other retirement associations, has agreed to pay $81 million, the first to agree to settle, the law firm Cohen Milstein Sellers & Toll PLLC said in a release. “This first settlement agreement…
By Francesca Landini PARMA, Italy (Reuters) -The European Central Bank (ECB) will keep a flexible approach as it unwinds its ultra-expansionary monetary policy, monitoring not only inflation threats but also risks of uneven financing conditions across euro zone countries, a top policymaker said. ECB Governing Council member Ignazio Visco told a conference that the impact…
(Corrects headline and throughout to clarify that the closure is intended to be temporary and that the “Valuables” marketplace, which allows sales of tweets as NFTs, is still active) By Elizabeth Howcroft LONDON (Reuters) -The platform which sold an NFT of Jack Dorsey’s first tweet for $2.9 million has halted most transactions because people were…
By Nidhi Verma NEW DELHI (Reuters) – India’s Reliance Industries Ltd plans to produce blue hydrogen at a “competitive cost” of about $1.2-$1.5 per kg as it repurposes its $4-billion gasification assets, the conglomerate said in a presentation. Owned by billionaire Mukesh Ambani, Reliance has in the past year unveiled plans to reduce its dependence…
