Author: FX

© Reuters. FILE PHOTO: Passengers of a plane from Dalian in China, head to the coronavirus disease (COVID-19) test area, upon their arrival at Narita international airport in Narita, east of Tokyo, Japan January 12, 2023. REUTERS/Kim Kyung-Hoon BEIJING (Reuters) -China said on Saturday nearly 60,000 people with COVID-19 had died in hospital since it abandoned its zero-COVID policy last month, a huge increase from previously reported figures that follows global criticism of the country’s coronavirus data. In early December, Beijing abruptly dismantled its strict three-year anti-virus regime of frequent testing, travel curbs and mass lockdowns after widespread protests in…

SBF Asks Gary Wang to Create Secret Backdoor; $65 Billion Stolen FTX’s attorney stated that SBF asked the FTX co-founder to create a secret backdoor to enable Alameda to acquire FTX customers’ funds.Almost $65 billion of customers’ funds were transferred from FTX to Alameda without their permission.Gary Wang confessed his guilt and has been cooperative with the investigation. Reportedly, Andrew Dietderich, an FTX attorney reported in Delaware bankruptcy court that the disreputed Sam Bankman-Fried, the former CEO of the collapsed crypto exchange FTX, told Gary Wang, the co-founder of FTX to create a “secret” backdoor to enable Alameda Research to…

Warning: JOUT is at high risk of cutting its dividend Source link

Warning: MFG is at high risk of cutting its dividend Source link

© Reuters. FILE PHOTO: An Iranian flag flutters in front of the International Atomic Energy Agency (IAEA) headquarters in Vienna, Austria September 9, 2019. REUTERS/Leonhard Foeger DUBAI (Reuters) – British-Iranian relations, which have been strained for decades, were back in the spotlight after Iranian authorities executed British-Iranian national Alireza Akbari for spying, charges he had denied. Here is a timeline of main bilateral developments since the 1950s: 1953 – Britain and the United States help orchestrate the overthrow of popular Prime Minister Mohammed Mossadegh and restore Shah Mohammed Reza Pahlavi to power. 1979 – Islamic Revolution overthrows the U.S.-backed Shah.…

© Reuters. FILE PHOTO: Colm Kelleher, Chairman of UBS Group AG, speaks during the Global Financial Leaders Investment Summit in Hong Kong, China November 2, 2022. REUTERS/Tyrone Siu ZURICH (Reuters) – UBS has no interest in buying fellow Swiss lender Credit Suisse, the bank’s Chairman Colm Kelleher said in a interview published on Saturday. The former Morgan Stanley (NYSE:) president said he was focused on organic growth rather than acquisitions and expanding its business in the United States as he ruled out any move to buy his bank’s embattled cross-town rival. “We have no desire to buy Credit Suisse,” Kelleher…

FNGD, DAPP and BKCH among ETF weekly movers Source link

Cardano Climbs 10% As Investors Gain Confidence Investing.com – was trading at $0.3582 by 20:51 (01:51 GMT) on the Investing.com Index on Saturday, up 10.17% on the day. It was the largest one-day percentage gain since November 10, 2022. The move upwards pushed Cardano’s market cap up to $12.2572B, or 1.25% of the total cryptocurrency market cap. At its highest, Cardano’s market cap was $94.8001B. Cardano had traded in a range of $0.3453 to $0.3615 in the previous twenty-four hours. Over the past seven days, Cardano has seen a rise in value, as it gained 27.66%. The volume of Cardano…

da-kuk Solar technology provider Nextracker (NXT), a spinout of diversified manufacturer Flex Ltd. (NASDAQ:FLEX), has filed for a $100M initial public offering. Nextracker didn’t specify in its filing the number or price of the shares to be offered, but indicated in its filing fee schedule that it was looking to raise $100M, a figure that is likely a placeholder and subject to change. The solar energy technology provider said that Flex will likely hold a controlling interest in its common stock after the transaction. TPG (TPG) is also a major investor. The company hopes to list its shares on Nasdaq…

RV rental platform Rvelocity (RVGO) has filed to raise around $10M through an initial public offering. Rvelocity didn’t indicate in its filing the number or price of the shares to be offered, but indicated in a filing fee schedule that it was looking to offer up to $10M of its stock, with existing shareholders offering up to $5M in additional shares. The company hopes to list its shares on Nasdaq under the symbol RVGO. Boustead Securities is serving as lead bookrunner. Based in Arizona, Rvelocity bills itself as the Airbnb of RV rentals. Renters, or “guests,” are able to rent…