Explainer: Sam Bankman-Fried’s conviction – what’s next?
By Jody Godoy (Reuters) – FTX founder Sam Bankman-Fried was convicted on Thursday of orchestrating a multibillion dollar fraud on…
Ford credit rating upgrade to boost demand for US corporate bonds -analysts
By Matt Tracy (Reuters) -The restoration of Ford Motor Co’s investment-grade credit rating this week after almost four years as…
Global money market funds attract robust inflows on central bank policy caution
(Reuters) – Investors channelled substantial sums into global money market funds in the week leading to Nov. 1, seeking the…
Apple holiday forecast disappoints on iPad, wearables demand; shares slip
By Stephen Nellis and Yuvraj Malik (Reuters) -Apple on Thursday gave a sales forecast for the holiday quarter that missed…
Coinbase shares fall on lower trading volume despite revenue beat
By Hannah Lang (Reuters) -Cryptocurrency exchange Coinbase on Thursday beat estimates for third-quarter revenue, but saw trading volumes decline for…
Lithium producers stay bullish on EVs despite growing headwinds
By Ernest Scheyder and Melanie Burton (Reuters) – The world’s largest lithium producers say they remain bullish on long-term demand…
US plans $425 million Ukraine weapons aid announcement
By Mike Stone WASHINGTON (Reuters) – The Biden administration plans to announce a $425 million military aid package for Ukraine…
Barrick Gold beats Q3 profit estimates on higher production, lower costs
By Divya Rajagopal and Seher Dareen (Reuters) -Barrick Gold Corp beat analysts’ expectations for third-quarter profit on Thursday, as the…
Tesla’s Oct China-made EV sales fall 2.6% from Sept
BEIJING/SHANGHAI (Reuters) – U.S. automaker Tesla delivered 72,115 China-made electric vehicles in October, down 2.6% from a month earlier, the…
Shares of Elliman, other realtors fall after $1.78 billion broker commission verdict
By Chibuike Oguh and Jonathan Stempel NEW YORK (Reuters) -Shares of Douglas Elliman, Compass and eXp World Holdings closed lower…