By Tiyashi Datta (Reuters) -Electronic Arts is parting ways with world soccer governing body FIFA after a near three-decade partnership and pulling the plug on one of the world’s most successful video-game franchises that has raked in billions of dolla…
U.S. lawmakers ask JPMorgan, Goldman Sachs for information on Russian debt dealings
(Reuters) – U.S. Senator Elizabeth Warren and Representative Katie Porter have asked the CEOs of JPMorgan Chase & Co and Goldman Sachs Group Inc for information related to trading of Russian debt since the Ukraine conflict began. The Democratic lawmake…
Musk says he would reverse Twitter ban on Donald Trump
By Sheila Dang (Reuters) -Tesla Chief Executive Elon Musk said Tuesday he would reverse Twitter’s ban on former U.S. President Donald Trump, while speaking at the Financial Times Future of the Car conference. Musk, who has called himself a “free speech…
Wall Street dips while treasury yields, oil prices drop
By Sinéad Carew NEW YORK (Reuters) – Wall Street stocks turned lower in a volatile session and oil prices fell on Tuesday with risk appetite appearing to falter as investors turned to safe havens such as Treasuries amid fears about inflation and slowin…
Russia downed satellite internet in Ukraine -Western officials
By James Pearson NEWPORT, Wales (Reuters) -Russia was behind a massive cyberattack against a satellite internet network which took tens of thousands of modems offline at the onset of Russia-Ukraine war, the United States, Britain, Canada, Estonia and t…
Stablecoin Terra’s broken dollar peg hits wider crypto markets
By Alun John HONG KONG (Reuters) -TerraUSD, one of the world’s largest stablecoins, lost a third of its value on Tuesday, spooking cryptocurrency investors and partly contributing to bitcoin’s tumble below $30,000 for the first time in 10 months. Stabl…
Philippines election winner Marcos tells world to judge him by actions, not family’s past
By Karen Lema and Enrico Dela Cruz MANILA (Reuters) – The son of the disgraced late Philippines dictator Ferdinand Marcos vowed on Tuesday to work for all people after his stunning election victory, and told the world to judge him by his presidency, no…
JPMorgan-advised IIF gets 95% of Italy’s Falck Renewables
MILAN (Reuters) – Infrastructure Investment Fund (IIF), a fund advised by JPMorgan, on Tuesday completed its takeover of Falck Renewables by securing more than 95% of the Italian green energy group following a buyout offer. IIF had bought a 60% stake i…
EBRD says it will spend 1 billion euros in Ukraine this year
MARRAKESH, Morocco (Reuters) – The European Bank for Reconstruction and Development (EBRD) will spend 1 billion euros in Ukraine in 2022, the bank’s president Odile Renaud-Basso said on Tuesday. She said the package was aimed at helping the Ukrainian e…
French bourse regulator fines Dutch traders for price manipulation
PARIS (Reuters) – French stock market regulator AMF has fined three Dutch equities traders and a Dutch company between 80,000 and 400,000 euros ($422,000) each for manipulating prices through a technique known as “layering.” The AMF said on Tuesday tha…