Ex-OpenSea manager’s trial kicks off in first NFT insider trading case
By Chris Prentice and Luc Cohen NEW YORK (Reuters) – U.S. prosecutors will square off this week against a former…
Business
Is this solar panel American? Companies eyeing US subsidy await rules
By Nichola Groom (Reuters) – U.S. President Joe Biden’s plan to challenge China’s dominance in solar panel manufacturing hinges in…
Tech companies to highlight AI in earnings; investors focus on profits
By Nivedita Balu and Tiyashi Datta (Reuters) – U.S. tech giants will emphasize how artificial intelligence can be the next…
ECB has travelled most of the way towards higher interest rates – Villeroy
PARIS (Reuters) – The European Central Bank has already gone “most of the way” in raising interest rates to tackle…
Jeff Shell out as NBCUniversal CEO after probe into inappropriate relationship
By Mrinmay Dey and Dawn Chmielewski (Reuters) – NBCUniversal Chief Executive Jeff Shell is leaving after acknowledging an inappropriate relationship…
Thyssenkrupp CEO Martina Merz to quit; shares tank
By Christoph Steitz and Tom Käckenhoff FRANKFURT (Reuters) -Thyssenkrupp said on Monday its chief executive Martina Merz, who launched a…
Tesla raises 2023 spending forecast as it races to ramp up output
(Reuters) – Tesla Inc raised its capital expenditure forecast for 2023 on Monday as the automaker ramps up output at…
Walt Disney Co to begin second wave of layoffs, cutting several thousand jobs – sources
By Dawn Chmielewski (Reuters) -Walt Disney Co will begin a second wave of layoffs on Monday involving thousands of jobs,…
Russian central bank to hold rate at 7.5%, inflation pressure looming
By Elena Fabrichnaya and Alexander Marrow MOSCOW (Reuters) – The Russian central bank is expected to hold rates at 7.5%…
Valentino sales up 10% in 2022 boosted by directly-owned shops
MILAN (Reuters) – Italian fashion house Valentino reported on Monday an 18% rise in core profit for 2022 as sales…