BERLIN (Reuters) – Intel Corp has backed away from its original target of opening a chip factory in the eastern German city of Magdeburg in the first half of 2023, regional newspaper Volksstimme reported, saying the semiconductor giant wanted more public subsidies. The plant is central to German and European Union plans to strengthen the…
By Jasper Ward (Reuters) – Former FTX Chief Executive Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition to the United States, where he faces fraud charges, a person familiar with the matter said on Saturday. The 30-year-old cryptocurrency mogul was indicted in federal…
(Corrects 5th paragraph to fix surname of chief magistrate to Ferguson-Pratt, instead of Ferguson) By Jasper Ward (Reuters) – Former FTX CEO Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition to the United States, where he faces fraud charges, a person familiar with…
By Jasper Ward (Reuters) -Former FTX CEO Sam Bankman-Fried is expected to appear in court in the Bahamas on Monday to reverse his decision to contest extradition to the United States, where he faces fraud charges, a person familiar with the matter said on Saturday. The cryptocurrency mogul was indicted in federal court in Manhattan…
(Reuters) – Former FTX CEO Sam Bankman-Fried is expected to appear in court in The Bahamas on Monday to reverse his decision to contest extradition to the United States, where faces fraud charges, a person familiar with the matter said on Saturday. (Reporting by Jasper Ward; Writing by Luc Cohen)
By Sheila Dang (Reuters) – Elon Musk reinstated the Twitter accounts of several journalists that were suspended for a day over a controversy on publishing public data about the billionaire’s plane. The reinstatements came after the unprecedented suspensions evoked stinging criticism from government officials, advocacy groups and journalism organizations from several parts of the globe…
AMSTERDAM (Reuters) -Dutch cryptocurrency exchange Bitvavo said on Saturday it is trying to recover 280 million euros ($296.30 million) from U.S.-based Digital Currency Group (DCG) and its subsidiaries. Bitvavo said it had lent the money to DCG subsidiary Genesis Global Capital in order to offer Bitvavo’s own customers a product where they received interest on…
(Reuters) -Goldman Sachs Inc has tapped Bradley Fried, former Chair of the Court of the Bank of England, as chairman of Goldman Sachs International (GSI), Sky News reported on Saturday. Fried will replace Jose Manuel Barroso, who was the former European Commission president, according to the report. The announcement is expected next week and Fried…
By Eric Onstad LONDON (Reuters) – Aluminium makers are set to boost low-carbon metal output by 10% in 2023 and churn out even more in the years ahead, driving down the cost for carmakers seeking climate-friendly supplies and shrinking the industry’s hefty carbon footprint. Aluminium is the most energy-intensive metal to produce, accounting for about…
(Reuters) – Social media posts on Saturday purported to show a group of protesting oil workers in southern Iran demanding higher wages and retirment bonuses. The reported oil workers’ protests, which Reuters could not verify, comes amid an uprising across Iran, the boldest challenge to the Islamic Republic since the 1979 revolution. The nationwide protests…
