Author Archives: Syndicated Content
Cambodian PM to give luxury watches as ASEAN summit souvenirs
PHNOM PENH (Reuters) - Cambodian Prime Minister Hun Sen, an aficionado of luxury watches, will hand out intricate, locally made timepieces as souvenirs for world leaders at an international summit he ...
Nov 10, 2022
Swiss bank Vontobel’s nine month outflows at $3.5 billion; to step up cost cuts
ZURICH (Reuters) - Swiss wealth and asset manager Vontobel Holding saw new money outflows of 3.4 billion Swiss francs ($3.46 billion) in the first nine months of this year, it said on Thursday, adding...
Nov 10, 2022
Rise and fall of crypto exchange FTX
(Reuters) - Cryptocurrency exchange FTX stood on the brink of failure on Thursday after a bailout from larger rival Binance collapsed. Chief executive Sam Bankman-Fried said he was exploring all optio...
Nov 10, 2022
Putin may participate in G20 summit via video link -RIA
(Reuters) - Russian President Vladimir Putin may take part in an upcoming summit of the G20 grouping of nations in Bali via video link, state news agency RIA said on Thursday, citing the Russian embas...
Nov 10, 2022
Indonesia plans to tighten oversight of crypto market, task OJK with regulation
JAKARTA (Reuters) - Indonesia plans to move the regulation, supervision and oversight of cryptocurrency investments to the Financial Service Authority (OJK) to better protect investors, its finance mi...
Nov 10, 2022
Robinhood has no direct exposure to FTX, says CEO
SINGAPORE (Reuters) - Broker Robinhood has no direct exposure to crypto exchange FTX, chief executive Vlad Tenev said on Twitter. "Despite SBF having an equity stake in Robinhood, we have no direct ex...
Nov 10, 2022
Apple supplier Foxconn records 5% rise in Q3 profit, sees flattish Q4
By Ben Blanchard and Sarah Wu TAIPEI (Reuters) - Apple Inc supplier and iPhone assembler Foxconn said on Thursday it expected flattish revenue in the fourth quarter, as the company grapples with COVID...
Nov 10, 2022
Rugby-Dominant England face final test against champions New Zealand
By Nick Mulvenney (Reuters) - England have beaten all comers over the last three seasons and on Saturday in Auckland will formally seal their status as the best women's rugby team on the planet if the...
Nov 10, 2022
French drugmaker Valneva to cut 20%-25% of workforce
(Reuters) - French drugmaker Valneva said on Thursday it was expecting to reduce 20% to 25% of its existing workforce as part of a revamp strategy. The group, which develops, manufactures and distribu...
Nov 10, 2022
ArcelorMittal’s Q3 profit beats expectations on energy savings
BRUSSELS (Reuters) - ArcelorMittal, the world's second largest steelmaker, on Thursday reported higher than expected third-quarter earnings as cost cutting and energy savings offset declining demand. ...
Nov 10, 2022
