Ukrainian creditors agree to a two-year freezing of $ 20 billion in foreign debt

Ukrainian creditors agree to a two-year freezing of $ 20 billion in foreign debt

Ukraine says the move will save $ 6 billion over two years Creditors backed a similar move for two state-owned companies Comprehensive debt restructuring after the freeze LONDON / NEW YORK, Aug. 11 (Reuters) – Ukrainian foreign creditors backed a motion for a two-year payment freeze on nearly $ 20 billion in international bonds, regulatory … Read more

The sale of Alibaba SoftBank may end the taboo of disintegration

The sale of Alibaba SoftBank may end the taboo of disintegration

Japanese CEO of SoftBank Group Corp Masayoshi Son attends a press conference in Tokyo, Japan, November 5, 2018 REUTERS / Kim Kyung-Hoon Sign up now for FREE unlimited access to Reuters.com Register LONDON, August 10 (Reuters Breakingviews) – Masayoshi Son thinks the unthinkable at SoftBank Group (9984.T). Its $ 63 billion tech and telecommunications empire … Read more

Musk tries to interrogate Twitter employees who are counting bots – source

Musk tries to interrogate Twitter employees who are counting bots – source

The image of Elon Musk is visible on the smartphone embedded in the printed Twitter logos in this photo illustration taken on April 28, 2022. REUTERS / Dado Ruvic / Ilustracja Sign up now for FREE unlimited access to Reuters.com Register August 10 (Reuters) – Elon Musk’s legal team demands that Twitter Inc. provide the … Read more

Stocks rise, dollar falls on falling inflation

Stocks rise, dollar falls on falling inflation

Wall Street blows with the leading Nasdaq rises CPI remained unchanged in July after an increase of 1.3% in June In the 12 months to July, the CPI increased by 8.5% against 9.1% in June NEW YORK, Aug. 10 (Reuters) – Wall Street stocks rose and the dollar plunged on signs of a sharp slowdown … Read more

The Fed may slow down rate hikes, but politicians say more is needed

The Fed may slow down rate hikes, but politicians say more is needed

The Federal Reserve Building is pictured in Washington, DC, USA, August 22, 2018. REUTERS / Chris Wattie / File Photo Sign up now for FREE unlimited access to Reuters.com Register Kashkari reiterates its view of the 3.9% federal funds rate at the end of 2022. Evans sees an interest rate of 3.4% this year Both … Read more

Inflation in factories in China is at its lowest in 17 months and consumer prices are accelerating

Inflation in factories in China is at its lowest in 17 months and consumer prices are accelerating

A worker walks past steel rollers at the Chongqing Iron and Steel Factory in Changshou, Chongqing, China August 6, 2018 REUTERS / Damir Sagolj / Photo File Sign up now for FREE unlimited access to Reuters.com Register July producer inflation at its lowest since February 2021 July consumer inflation at the highest level in 2 … Read more

Musk sells Tesla shares worth $ 6.9 billion, cites a chance for a forced deal on Twitter

Musk sells Tesla shares worth $ 6.9 billion, cites a chance for a forced deal on Twitter

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory Foundation Stone Ceremony in Shanghai, China January 7, 2019 REUTERS / Aly Song Sign up now for FREE unlimited access to Reuters.com Register Aug. 10 (Reuters) – Tesla Inc (TSLA.O) CEO Elon Musk has sold $ 6.9 billion of EV manufacturer shares, saying the funds could … Read more

Coinbase is taking losses as the cryptocurrency market turmoil hits trading volumes

Coinbase is taking losses as the cryptocurrency market turmoil hits trading volumes

The cryptocurrency representation is visible in front of the Coinbase logo in this image taken on March 4, 2022. REUTERS / Dado Ruvic / Ilustracja Sign up now for FREE unlimited access to Reuters.com Register Aug. 9 (Reuters) – Coinbase Global Inc (COIN.O) reported a larger-than-expected quarterly loss as investors worried about this year’s loss … Read more

Oil prices rebound on Russian pipeline restrictions, fears of recession

Oil prices rebound on Russian pipeline restrictions, fears of recession

The sticker shows crude oil on the side of a storage tank in the Permian Basin in Mentone, Loving County, Texas, USA November 22, 2019 REUTERS / Angus Mordant Sign up now for FREE unlimited access to Reuters.com Register Russian oil exports are suspended via the southern branch of the Druzhba pipeline The EU presents … Read more

Terrifying “rounds down” cuts billions in start-up valuations

Terrifying “rounds down” cuts billions in start-up valuations

Aug. 9 (Reuters) – Several high-flying startups are brought down to earth as the recent slaughter in global stock markets and sluggish demand for new quotes force companies to raise funds at a significant discount to their sky-high valuations. Easy venture capital money evaporates quickly in an environment of high inflation-induced interest rates as many … Read more