Caroline Ellison, the star witness against FTX co-founder Sam Bankman-Fried, is due to take the stand at his fraud trial as soon as Tuesday. Her highly-anticipated testimony will be pivotal in the criminal case and is expected to delve into the inner workings of FTX and sister hedge fund Alameda Research.
Kaszek Ventures, the largest venture capital firm based in Latin America, is sitting on $1 billion it raised early this year as it waits for new deals to materialize and for more mature companies to run low on cash and potentially accept new valuations.
Ferrari NV’s first fully electric model will be one of the most highly anticipated products in automotive history, and Benedetto Vigna is relishing it.
The European Union could help slash global methane emissions from the oil and gas sector by almost a third if it applied measures tackling pollution domestically to imports as well, according to a new report.
Wall Street analysts initiated coverage of Arm Holdings Plc.’s stock with mostly bullish appraisals, despite signs that investors have cooled on the chip designer’s shares since its buoyant market debut last month.
The largest cryptocurrency exchange for options, Deribit, is pushing ahead with plans to provide customers with contracts on more coins despite a slump in volatility in digital assets.
Oil surged after Hamas’s surprise attack on Israel raised fears of a wider conflict. Investors avoided traditionally risky assets such as stocks and instead bought gold, bonds and the dollar.
Trial proceedings have cast a pall over the already struggling industry
Metro Bank Holdings Plc’s riskiest bonds gained the most on record on Monday after the bank announced a rescue deal that valued the notes above Friday’s heavily discounted trading levels.
The surprise attack on Israel by Hamas weighed on shares of global companies with local connections, including chipmakers and software providers, as investors fretted that the conflict could escalate.
