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A Texas appeals court has reignited a fight over soaring power prices during the deadly 2021 winter storm that crippled the state’s electric grid.

Something for the weekend

In a largely symbolic step, the International Criminal Court based in The Hague issued an arrest warrant for Russian President Vladimir Putin, citing his alleged role in the “war crime” of unlawfully deporting thousands of Ukrainian children to Russia. The Kremlin, which doesn’t recognize the court’s judgments, termed the move unacceptable and void.

China cut the amount of cash banks must keep in reserve at the central bank in an effort to support lending and strengthen the economy’s recovery from pandemic restrictions and a property market slump.

ExodusPoint Capital Management and Millennium Management were among multistrategy hedge funds that posted small losses amid this week’s market volatility.

Chinese leader Xi Jinping is making his first state visit to Russia since it invaded Ukraine, in a strong show of support for President Vladimir Putin.

Samuel Bankman-Fried is close to proposing a revised bail package meant to satisfy a judge who expressed frustration over the FTX founder’s use of technology while under house arrest.

First Republic Bank was cut to junk by Moody’s Investors Service, a day after a $30 billion rescue that the ratings agency warned could weigh on the lender’s profit outlook.

A Texas appeals court has reignited a fight over soaring power prices during the deadly 2021 winter storm that crippled the state’s electric grid.