Ex-crypto mogul Sam Bankman-Fried convicted of defrauding FTX customers

[ad_1] [1/5]FTX founder Sam Bankman-Fried looks on during his fraud trial over the collapse of the bankrupt cryptocurrency exchange as U.S. District Judge Lewis Kaplan gives instructions to the jury…

SoftBank Corp raises $800 mln through Japan’s first listing of bond-type shares

[ad_1] SoftBank Corp’s incoming Chief Executive Officer Junichi Miyakawa attends a news conference in Tokyo, Japan, February 4, 2021. REUTERS/Kim Kyung-Hoon/File Photo Acquire Licensing Rights TOKYO, Nov 2 (Reuters) –…

South Africa’s Eskom to significantly narrow loss next year -CEO

[ad_1] Sun rises behind the cooling towers of Kendal Power Station, a coal-fired station of South African utility Eskom, as the company’s ageing coal-fired plants cause frequent power outages, near…

Volkswagen plans job cuts, further launch delays at software unit -manager magazin

[ad_1] Volkswagen logo is pictured at the 2022 New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. REUTERS/Brendan McDermid/File Photo Acquire Licensing Rights BERLIN, Oct…

Air France-KLM announces a 1.3 billion euros financing agreement with Apollo

[ad_1] A logo is seen on the facade of Air France-KLM building during the presentation of the group’s annual results in Paris, France, February 17, 2023. REUTERS/Benoit Tessier/File Photo Acquire…

Country Garden default on dollar bond declared for first time -Bloomberg News

[ad_1] The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights Oct…

Billionaire investor Ackman says ‘covered our bond short’

[ad_1] Bill Ackman, chief executive officer and portfolio manager at Pershing Square Capital Management, speaks during the SALT conference in Las Vegas, Nevada, U.S. May 18, 2017. REUTERS/Richard Brian/File Photo…

China’s Country Garden offshore debt default looms

[ad_1] The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai, China August 9, 2023. REUTERS/Aly Song/File Photo Acquire Licensing Rights SYDNEY,…

Country Garden on brink of default as payment deadline nears

[ad_1] HONG KONG, Oct 17 (Reuters) – Country Garden’s (2007.HK) entire offshore debt will be deemed to be in default if China’s largest private property developer fails to make a…

BofA profit rises on higher interest income, investment banking gains

[ad_1] A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri/File Photo Acquire Licensing Rights Oct 17…