(Reuters) – Bitcoin rose 5.58% to $21,044 at 2344 GMT on Saturday, adding $1,113 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 27.6% from the year’s low of $16,496 on Jan 1. Ether, the coin linked to the ethereum blockchain network, surged 7% to $1,552.6 on Saturday, adding $101.6 to…
(Reuters) – Bitcoin rose 5.58% to $21,044 at 2344 GMT on Saturday, adding $1,113 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 27.6% from the year’s low of $16,496 on Jan 1. Ether, the coin linked to the ethereum blockchain network, surged 7% to $1,552.6 on Saturday, adding $101.6 to…
(Reuters) -Twitter Inc has secured a ruling allowing the social media company to force several laid-off workers suing over their termination to pursue their claims via individual arbitration than a class-action lawsuit. U.S. District Judge James Donato on Friday ruled that five former Twitter employees pursuing a proposed class action accusing the company of failing…
(Reuters) – Swiss lender Credit Suisse is looking to cut more than 10% of its staff of European investment bankers this year, the Financial Times reported on Saturday, citing people with knowledge of the moves. (Reporting by Juby Babu in Bengaluru; Editing by Mark Heinrich)
SHANGHAI (Reuters) – Schroders has obtained Chinese regulatory approval to set up a wholly-owned mutual fund unit in China, as Beijing accelerates opening up its giant financial sector to foreigners. China abruptly dismantled its strict, three-year zero-COVID policy in early December, and the government has apparently stepped up efforts to woo foreign companies and investors…
(Reuters) – Twitter Inc has secured a ruling allowing the social media company to force several laid-off workers suing over their termination to pursue their claims via individual arbitration than a class-action lawsuit. U.S. District Judge James Donato on Friday ruled that five former Twitter employees pursuing a proposed class action accusing the company of…
MUMBAI (Reuters) – HDFC Bank, India’s largest private lender, on Saturday reported a 18.5% jump in net profit for the October-December quarter, aided by higher top-line and healthy loan growth. Net profit for the quarter was 122.59 billion rupees ($1.51 billion), up from 103.42 billion rupees in the same quarter a year earlier. That was…
ABU DHABI (Reuters) – The world will need natural gas for a long time and more investment is required to ensure supply security and affordable prices during the global energy transition, energy ministers of Qatar and the United Arab Emirates said on Saturday. Saad al-Kaabi, Qatari state minister for energy, told the Global Energy Summit…
ZURICH (Reuters) – UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank’s Chairman Colm Kelleher said in a interview published on Saturday. The former Morgan Stanley president said he was focused on organic growth rather than acquisitions and expanding its business in the United States as he ruled out any move…
By Rodrigo Viga Gaier and Tatiana Bautzer RIO DE JANEIRO/SAO PAULO (Reuters) -A Brazilian court said on Friday Americanas SA could be liable to repay up to 40 billion reais ($7.9 billion) in debt earlier than planned, if the retailer is found in breach of covenant after reporting “accounting inconsistencies.” A group representing minority shareholders…
