By Summer Zhen, Vidya Ranganathan and Elizabeth Howcroft HONG KONG/SINGAPORE/LONDON (Reuters) – FTX was engulfed in more chaos on Saturday when the crypto exchange said it had detected unauthorized access and analysts said hundreds of millions of dolla…
UK considering big increase in energy windfall tax, sources say
LONDON (Reuters) – British finance minister Jeremy Hunt is considering a big increase in a windfall tax on oil and gas firms and extending it to power generation firms as he tries to find ways to repair the country’s public finances, sources said on Sa…
Soccer-Toney scores twice as Brentford stun Man City
MANCHESTER, England (Reuters) -Brentford striker Ivan Toney struck twice to give his side a shock 2-1 victory at champions Manchester City on Saturday in their final Premier League game before the World Cup break. Toney, left out of England’s squad for…
Russia says no agreement yet to extend Black Sea grain deal
(Reuters) -Russia said on Saturday there was no agreement yet to extend a deal allowing Ukraine to export grain via the Black Sea, repeating its insistence on unhindered access to world markets for its own food and fertiliser exports. Deputy Foreign Mi…
U.S. President Biden slips up on name of ASEAN summit host Cambodia
PHNOM PENH (Reuters) – U.S. President Joe Biden on Saturday referred to Cambodia, which is hosting an international summit led by Southeast Asian leaders, as Colombia. “Now that we’re back together here in Cambodia, I look forward to building even stro…
Nineteen dead in Egypt after bus falls into canal – Health Ministry
CAIRO (Reuters) -Nineteen people were killed and six others were injured when a bus fell into a canal in northern Egypt on Saturday, the Health Ministry said. The bus was carrying some 35 people when it derailed on a highway and fell into Mansuriya can…
Cricket-England and Pakistan eye T20 title in throwback final
By Ian Ransom MELBOURNE (Reuters) – A confident England will look to deny Pakistan a fairytale finish in Sunday’s Twenty20 World Cup final and become the first nation to hold both global white-ball trophies – if Melbourne’s fickle weather permits. Heav…
Exclusive-At least $1 billion of client funds missing at failed crypto firm FTX – sources
By Angus Berwick New York (Reuters) – At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange’s founder Sam Bankman-Fried secretly transferred $10 billion of…
Sam Bankman-Fried’s sudden turn from white knight to washout
By Hannah Lang (Reuters) – Sam Bankman-Fried earned a reputation as savior of the crypto industry when he bailed out two platforms earlier this year. But when FTX, the exchange he co-founded and led until Friday, needed a lifeline, none was forthcoming…
Trump sues Jan. 6 panel in bid to block subpoena
By Susan Heavey WASHINGTON (Reuters) – Former U.S. President Donald Trump filed a lawsuit on Friday seeking to avoid being compelled to testify or provide any documentation to a congressional panel investigating his supporters’ violent attack on the U….