(Reuters) -Billionaire investor Carl Icahn came under pressure again on Thursday as short seller Hindenburg Research began shorting bonds in Icahn Enterprises LP (IEP) and said Icahn’s firm has failed to address every key issue it had raised. Hindenburg’s latest move comes after IEP reported a surprise loss on Wednesday and said it was contacted…
By Dietrich Knauth NEW YORK (Reuters) – Bankrupt crypto lender BlockFi received court permission on Thursday to return $297 million to customers with non-interest-bearing accounts, without repaying customers who had tried to move funds into those accounts at the last minute. U.S. Bankruptcy Judge Michael Kaplan in Trenton, New Jersey ruled that customers owned their…
By Laurie Chen BEIJING (Reuters) – Teresa Xu did not anticipate that five years after she was denied an egg-freezing treatment at a Beijing hospital for being unmarried, her subsequent lawsuit would be at the centre of a debate over reproductive rights in China. Xu, 35, first lodged the claim against the Beijing Obstetrics and…
By Jorgelina do Rosario, Christian Akorlie and Rachel Savage LONDON/ACCRA (Reuters) -Ghana’s official creditors are poised to grant financing assurances and form a committee co-chaired by France and China – key steps for the nation to secure a $3 billion International Monetary Fund (IMF) loan, sources told Reuters. The country’s bilateral lenders are expected to…
ISTANBUL (Reuters) – Turkish Airlines (THY) will order a total of 600 new aircraft in June and they will be delivered within ten years, company chairman Ahmet Bolat said on Thursday. Such an order, if confirmed, would be the largest in the industry’s history by a single airline, eclipsing a record order by Air India…
By Nathan Layne and Tim Reid (Reuters) -An unrepentant Donald Trump held firm to past grievances at the first televised town hall of the 2024 U.S. presidential election on Wednesday, stressing from the moment he took the stage that he has little intention of mounting a more disciplined campaign for his third White House bid….
By Jody Godoy (Reuters) – A federal appeals court on Thursday questioned Elon Musk’s bid to end an agreement that he made to get a Tesla Inc lawyer’s preapproval of some of his tweets, with judges pointing out that he agreed to it as part of a 2018 deal with the U.S. Securities and Exchange…
By Howard Schneider WASHINGTON (Reuters) – Deposit withdrawals from U.S. banks following the collapse of Silicon Valley Bank were concentrated in around 30 “super-regional” institutions in the $50 billion to $250 billion range, similar to SVB, New York Fed researchers concluded in a newly released study. Deposits among thousands of “community and smaller regional banks……
By Lara Afghani and Henriette Chacar JERUSALEM (Reuters) – A year after Al Jazeera journalist Shireen Abu Akleh was shot while covering an Israeli army raid, family and friends say her killers are yet to be held responsible. Abu Akleh, one of the most recognizable journalists covering Israeli-occupied territories, was shot dead on May 11,…
By Marco Aquino LIMA (Reuters) – In a country shaken by years of political volatility, Peru’s national currency has emerged as a mainstay of relative stability among Latin American foreign exchange markets, reaching its strongest level in a year this week. After taking a hit during the nearly two-year presidency of Pedro Castillo, the Peruvian…
