Reuters - Squid Business

Analysis-Trump’s crypto team takes shape but questions remain over who will drive policy

By Hannah Lang and Michelle Price WASHINGTON (Reuters) -U.S. President-elect Donald Trump’s crypto policy is taking shape with the announcement of a White House crypto czar and a new securities watchdog, but questions remain over who will drive policy and whether too many cooks could slow down changes. Trump on Thursday appeared to make good …

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Burkina Faso junta fires prime minister, dissolves government

(Reuters) -Burkina Faso’s ruling junta has dismissed interim Prime Minister Apollinaire Joachim Kyelem de Tambela and dissolved the government, a decree issued by the office of military leader Ibrahim Traore said on Friday. The decree did not give a reason for the dismissal of Tambela, who was appointed interim premier soon after Traore seized power …

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Credit Agricole ups Banco BPM stake in UniCredit duel

By Valentina Za, Andrea Mandala and Sudip Kar-Gupta MILAN/PARIS (Reuters) -Credit Agricole upped the stakes in a banking battle over Italy’s Banco BPM on Friday, by using derivatives to raise its holding in the Milanese lender that has become a takeover target for UniCredit. UniCredit last month claimed a seat at Italy’s banking consolidation table …

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Exclusive-Kenyan police in Haiti tender resignations over pay delays

By Edwin Okoth NAIROBI (Reuters) -Nearly 20 of the roughly 400 Kenyan police officers serving in Haiti on a U.N.-backed anti-gang force have submitted letters of resignation from the mission over the past two months because of pay delays and poor conditions, three officers told Reuters. The officers have received no response to their letters …

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US judge says Southwest must face bias claims over free flights for Hispanic students

By Daniel Wiessner (Reuters) – A U.S. judge on Friday said Southwest Airlines must face a lawsuit by a prominent affirmative action opponent claiming a now-defunct program that awarded free flights to Hispanic college students was racially discriminatory. U.S. District Judge Sidney Fitzwater in Dallas said Southwest’s elimination of the 20-year-old program and offer to …

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Oil prices fall on supply glut fears despite OPEC+ output cut extension

By Laila Kearney NEW YORK (Reuters) -Oil prices fell by more than 1% on Friday and cemented weekly losses as analysts projected a supply surplus next year on weak demand despite an OPEC+ decision to delay output hikes and extend deep production cuts to the end of 2026. Brent crude futures settled at $71.12 a …

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Biden’s Hunter pardon came after circumstances changed, White House says

WASHINGTON (Reuters) – U.S. President Joe Biden changed his mind about pardoning his son Hunter because “circumstances have changed,” the White House said on Friday. Biden’s pardon of his son on Monday came after he had repeatedly promised he would allow the U.S. justice system to play out, and a day after President-elect Donald Trump …

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Clashes break out in Athens after march to mark 2008 student killing by police

ATHENS (Reuters) – Clashes broke out between police and protesters in Athens on Friday after thousands marched to mark the 16th anniversary of the police killing of a teenage boy, whose death triggered Greece’s worst riots in decades. About 5,000 people joined the annual march to commemorate the fatal shooting of Alexandros Grigoropoulos, who was …

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Chevron CEO says no discussions with President-elect Trump on Venezuela

By Georgina McCartney HOUSTON (Reuters) -Chevron , the only U.S. oil producer now working in Venezuela’s oilfields, has not held any discussions with President-elect Donald Trump’s team over the company’s operations in the country, CEO Michael Wirth said on Friday. Since 2019, Venezuela’s oil industry has been under U.S. sanctions designed to curb its oil …

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Norwegian watchdog fines broker Fearnley Securities $2.3 million

OSLO (Reuters) – Norway’s Financial Supervisory Authority (FSA) said on Friday it had issued a fine to brokerage Fearnley Securities AS of 25 million Norwegian crowns ($2.26 million) for improper handling of insider information. The FSA said the brokerage had provided inside information to investors in connection with three different capital market transactions in violation …

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