ZURICH (Reuters) – Credit Suisse gave an updated outlook for its fourth quarter on Wednesday as the embattled Swiss bank prepared to ask its shareholders for permission to raise new equity. “As previously disclosed, Credit Suisse began experiencing dep…
Asia shares gain despite rising China COVID cases
By Scott Murdoch SYDNEY (Reuters) – Asian share markets mostly rose on Wednesday but oil and the dollar slipped as rising COVID-19 cases in China raised fears of fresh lockdowns that could slow the reopening of the world’s second-largest economy. Europ…
Ukraine setting up ‘invincibility centres’ to help provide heat and water
By Ronald Popeski (Reuters) – Ukrainians needing basic services if Russia knocks out power stations and other facilities this winter can turn to special “invincibility centres,” President Volodymyr Zelenskiy said on Tuesday. Thousands of centres spread…
Soccer-Ronaldo to leave Manchester United after criticism of club
(Reuters) -Manchester United forward Cristiano Ronaldo will leave with immediate effect, the Premier League team said on Tuesday, marking a bitter end to the Portugal captain’s second spell at Old Trafford after he said he felt betrayed by the club. An…
Soccer-Lewandowski misses penalty as Poland draw 0-0 with Mexico at World Cup
By Rohith Nair DOHA (Reuters) -Poland and Mexico played out an entertaining 0-0 draw in their opening Word Cup Group C game on Tuesday, with Polish skipper Robert Lewandowski failing to break his tournament duck when his second-half penalty was saved a…
FTX was run as ‘personal fiefdom’, faces hacks, missing assets -attorneys
By Dietrich Knauth, Tom Hals and Tom Wilson NEW YORK/LONDON (Reuters) – FTX was run as a “personal fiefdom” of former CEO Sam Bankman-Fried, attorneys for the collapsed crypto exchange said in its first bankruptcy hearing as they detailed ongoing chall…
Bolsonaro files complaint challenging Brazil election results
BRASILIA (Reuters) -Brazilian President Jair Bolsonaro has challenged last month’s election in which he lost to leftist rival Luiz Inacio Lula da Silva, according to a complaint filed with the country’s federal electoral court (TSE), seeking “extraordi…
In Crimea, two drone attacks repelled, Russian-installed official says
LONDON (Reuters) -Russian air defences on Tuesday repelled two drone attacks in Crimea, annexed from Ukraine in 2014, including one attack targeting a power station, the regional governor said in a statement. Russian-installed Governor Mikhail Razvozha…
Spanish short-term rentals boom has tourist sector clamouring for rules
MADRID (Reuters) – Short-term accommodation in Spain’s 20 biggest cities is rapidly catching up with the number of rooms managed by hotels, a study released on Tuesday found, prompting hoteliers to call for better regulation of their upstart rivals. Sp…
World shares rise, U.S. Treasury yields fall as markets await Fed minutes
By Chibuike Oguh NEW YORK (Reuters) – Global equities rose on Tuesday while U.S. Treasury yields fell as investors awaited release of the Federal Reserve’s meeting minutes for clues on U.S. interest rates and as China’s COVID restrictions weighed on se…