By Huw Jones LONDON (Reuters) – European Union policymakers are considering extending some of the tough rules applied to banks to commodity firms to prevent a re-run of the problems they faced in meeting collateral payments after this year’s gas price …
Factbox-Top crypto exchanges by volume
(Reuters) – Binance, the world’s biggest cryptocurrency exchange, on Tuesday signed a non-binding agreement to buy rival FTX’s non-U.S. unit. The move is the latest and potentially largest bailout in the crypto world, and investors are on edge about ho…
Explainer-Why Ukraine’s southern Kherson region is a strategic prize
KYIV (Reuters) – Russian Defence Minister Sergei Shoigu on Wednesday ordered his troops to withdraw from the west bank of the Dnipro River in the face of Ukrainian attacks near the southern city of Kherson, in a potential turning point in the war. Mosc…
Citigroup to buy banking license from Deutsche Bank in Mexico for wholesale unit
NEW YORK (Reuters) – Citigroup Inc said on Tuesday it would purchase Deutsche Bank’s Mexican banking license in order to continue Citigroup’s corporate and investment banking operation in the country, following the planned sale of its local retail unit…
Russia abandons Ukrainian city of Kherson in major retreat
By Mark Trevelyan LONDON (Reuters) -Russian Defence Minister Sergei Shoigu on Wednesday ordered his troops to withdraw from the occupied Ukrainian city of Kherson and take up defensive lines on the opposite bank of the River Dnipro. The announcement ma…
Dollar edges higher as investors look past U.S. midterms to inflation data
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The dollar advanced against several major currencies on Wednesday, as results so far for the midterm elections showed little evidence of a “red wave” resounding Republican victory that some expected, leaving in…
UK approves Pfizer-BioNTech’s COVID booster targeting Omicron BA.4/5
By Pushkala Aripaka (Reuters) -Britain’s health regulator on Wednesday approved the country’s first two-pronged COVID-19 booster targeting the Omicron BA.4 and BA.5 sub-variants and the original coronavirus strain. The Medicines and Healthcare products…
North Korea fires another missile as South salvages parts of Soviet-era weapon
By Hyonhee Shin and Josh Smith SEOUL (Reuters) -North Korea fired at least one ballistic missile into the sea on Wednesday, as South Korea said it had identified debris from an earlier launch as part of a Soviet-era SA-5 surface-to-air missile. Japan’s…
Cryptoverse-Elon Musk frees the bird and the dog coin flies
By Vidya Ranganathan SINGAPORE (Reuters) – It’s no joke. Elon Musk’s acquisition of Twitter has put fresh wind in the sails of dogecoin, the meme cryptocurrency he catapulted to fame. Dogecoin’s price doubled after the Tesla tycoon completed the $44 bi…
FTX CEO looking at all options as Binance deal collapses
By Hannah Lang and Angus Berwick NEW YORK (Reuters) – FTX Chief Executive Officer Sam Bankman-Fried told employees he was exploring all options for his firm after a deal with cryptocurrency exchange Binance collapsed on Wednesday. The proposed deal bet…