FTX says Bahamas regulators hold $296 million, not $3.5 billion of company’s assets
FTX on Friday disputed claims by the Securities Commission of the Bahamas (SCB) that the regulator was holding $3.5 billion of the bankrupt cryptocurrency exchange’s assets.
Russia resumes gas flows via Nord Stream, Europe still wary
Russia resumed pumping gas via its biggest pipeline to Europe on Thursday after a 10-day outage, the operator said, allaying Europe’s immediate winter supply fears after President Vladimir Putin had warned that flows could be cut further or stopped.
EXCLUSIVE Chinese regulators ask some U.S.-listed firms to prepare for audit disclosures – sources
Chinese regulators have asked some of the country’s U.S.-listed firms, including Alibaba, Baidu and JD.com, to prepare for more audit disclosures, sources said, as Beijing steps up efforts to ensure domestic companies remain listed in New York.
EU approves new round of Russia sanctions targeting energy, steel, defence sectors
The European Union formally approved on Tuesday a new barrage of sanctions against Russia for its invasion of Ukraine, which include bans on investments in the Russian energy sector, luxury goods exports and imports of steel products from Russia.
EXCLUSIVE California commission claims retailers violating plastic bag law
Big retailers are breaking California law and misleading consumers by selling plastic shopping bags bearing language and symbols that falsely suggest the bags can be recycled, a state-appointed commission alleged this month.
Exclusive: EU antitrust regulator seeks input on Microsoft’s Nuance deal
EU’s antitrust regulator is taking a deeper look into Microsoft Corp’s (MSFT.O) $16 billion deal for transcription technology company Nuance Communications Inc (NUAN.O), asking customers and competitors to draw up a list of concerns, according to a questionnaire from last month seen by Reuters.
Analysis: Didi’s New York exit a further blow to Chinese listings in U.S.
Dec 3 (Reuters) – Ride-hailing giant Didi Global’s (DIDI.N) plan to withdraw from the New York stock exchange may create an even deeper chill after this year’s drop-off in Chinese firms’ listings in the world’s most liquid market, bankers and advisers said.
ANZ faces class action for “unfair” interest charged from credit card customers
Australia and New Zealand Banking Group (ANZ.AX) has been sued by a law firm for charging interest on some purchases by credit card holders which were repaid on time for nearly a decade, the parties said on Wednesday.
EU split on vaccine waiver idea, unlikely to take clear stance
European Union leaders are divided over whether to follow Washington in supporting a waiver of patent rights to COVID-19 vaccines, as many argue this would take years and not address the immediate issue of making more shots to end the pandemic. Leaders of the 27-nation bloc will discuss the patent waiver idea at a two-day […]
