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09 Mar

SEC, following Musk's criticism, ready to distribute funds from Tesla settlement

The top U.S. securities regulator asked a judge for permission to distribute $40 million to investors it obtained in a 2018 civil settlement with Elon Musk and Tesla Inc that resolved a fraud charge and required Musk to obtain advance approval for some tweets.

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09 Mar

Bitcoin rallies after Biden signs executive order on digital assets

Bitcoin surged on Wednesday after President Joe Biden signed an executive order that requires U.S. government agencies to assess benefits and risks of creating a central bank digital dollar and other cryptocurrency issues.

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09 Mar

Russian rouble drops to record lows amid fresh sanctions

(Reuters) -Russia's rouble tumbled to record lows in onshore trading on Wednesday despite measures by Moscow to shore up its battered economy and safeguard hard currency availability amid fresh economic sanctions over its invasion of Ukraine.

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09 Mar

Japanese airline ANA plans belt-tightening before fare hikes - incoming CEO

TOKYO (Reuters) -Japanese airline operator ANA Holdings Inc will only raise airfares as a last resort to cover European route changes, its incoming chief executive said on Wednesday, adding that it would focus on belt-tightening first.

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09 Mar

For BP's CEO, Russian exit eased by reservations about Rosneft stake

Within hours of Moscow launching its invasion of Ukraine, BP’s chief executive summoned his senior team to discuss the limited options for its Russian operations, including separating the British energy giant’s stake in Russian oil firm Rosneft or exiting completely, according to three senior BP executives.

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09 Mar

Bitcoin jumps ahead of Biden's order on digital assets

(Reuters) -Bitcoin surged on Wednesday ahead of an executive order that U.S. President Joe Biden will sign on digital assets which is likely to raise the legitimacy of virtual currencies in the U.S. financial system.

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09 Mar

Contracts shield Asia's EV battery makers from nickel surge, for now

Asian battery makers for electric vehicles are shielded from a big, immediate hit from surging nickel prices amid Russia's invasion of Ukraine, thanks to long-term contracts and a diversified supply chain, companies and industry sources said.

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Latest Articles

  • China receives US equipment to make advanced chips despite new rules - report
  • China receives US equipment to make advanced chips despite new rules-report
  • U.S. Treasury yields have peaked, say strategists for fourth straight month: Reuters poll
  • Google's expert in US antitrust trial defends billions paid to device makers
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