Analysis-Fever over BlackRock’s bitcoin fund faces chill of rate hikes and regulations
By Elizabeth Howcroft LONDON (Reuters) – BlackRock’s plans for a bitcoin fund have helped push the world’s largest cryptocurrency to…
Business
BlackRock’s Fink says he’s stopped using ‘weaponised’ term ESG
By Isla Binnie (Reuters) – BlackRock boss Larry Fink, at the forefront of the business world’s adoption of environmental, social…
Biden: US, allies not involved in uprising against Putin
By Jeff Mason, Steve Holland and Simon Lewis WASHINGTON (Reuters) -President Joe Biden on Monday said a brief uprising by…
US new vehicle sales set to gain in June – S&P Global Mobility
(Reuters) – Sales of new vehicles in the United States are set to gain in June, helped by sustained demand…
Banks raised questions in 2020 about FTX-affiliated hedge fund’s wire activity, FTX says
By Hannah Lang (Reuters) – Certain banks working with FTX founder Sam Bankman-Fried’s trading firm Alameda Research raised questions about…
Kering snaps up fragrance label Creed for new beauty division
By Mimosa Spencer PARIS (Reuters) – Gucci owner Kering said on Monday it had struck a deal to buy high-end…
PacWest sells $3.5 billion loan portfolio to asset manager Ares
(Reuters) -PacWest Bancorp unveiled a deal on Monday to sell a $3.54 billion lender finance portfolio to asset manager Ares…
Dollar edges off 15-month high vs rouble as Russia eyed
By Chuck Mikolajczak NEW YORK (Reuters) – The dollar rose against the rouble on Monday, although it had pulled back…
Odey suspends flagship hedge fund after redemption pressure – Bloomberg News
(Reuters) -Odey Asset Management has suspended its flagship hedge fund after it was hit with redemption requests following the removal…
Honda recalling 1.3 million vehicles worldwide for rear camera issue
By David Shepardson WASHINGTON (Reuters) -Honda Motor is recalling 1.3 million vehicles worldwide due to a potential issue with the…