Marc Lasry, Steph Curry Buy Team in Tiger Woods’ New Golf League
Billionaire investor Marc Lasry and Golden State Warriors star Stephen Curry are buying a team in the new golf league founded by Tiger Woods and Rory McIlroy.
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EU’s Google Feud Aids Russian Rival Blamed for Kremlin Lies
The European Union’s crackdown on Google’s Android has led to an unintended consequence: boosting the popularity of Russia’s favorite search-engine, accused by the bloc of spreading Kremlin propaganda about the invasion of Ukraine.
Paul Singer Says World More Dangerous Than Markets Pricing In
Elliott Investment Management founder Paul Singer said the world is much more perilous than markets are pricing in and that investors should be more worried.
FCC Advances Net Neutrality Rules Reviving Broadband Fight
US regulators voted Thursday to reinstate rules aimed at ensuring that everything on the internet is equally accessible — a principle known as net neutrality that has stoked debate and controversy across technology and telecom industries for more than two decades.
Oil Steadies as Traders Gauge Prospects for Venezuela Oil Output
Oil erased its losses in another volatile session as a deal expected to bring more Venezuelan crude to the market in the months ahead did little to assuage immediate concerns that the conflict in the Middle East will reduce supplies.
Venezuelan Sanctions Relief Is Set to Upend Global Oil Flows
The resumption of unimpeded Venezuelan oil exports after the US eased sanctions will mark the most significant shift in global crude flows in years.
The River Rhine Gets Shallow Again in Fresh Climate Blow
The cost of shipping fuel along the Rhine river has surged as low water levels curb barges’ carrying capacity following a hot, dry September.
FTX Sent Email to Sculptor, Customers Promising Money Was Safe
In an email a few months before FTX collapsed, the company falsely promised institutional customers, including hedge fund Sculptor Capital Management, that their assets would be safe in the event of an insolvency, according to a former FTX lawyer who testified at the trial of Sam Bankman-Fried.
Defaulted Venezuelan Bonds Soar After US Lifts Trading Ban
Venezuelan bonds rose sharply after the Biden administration allowed US investors to buy the notes for the first time in four years as part of a sweeping sanctions relief package.
Germany Still Trades Russian Gas as Canceling Costs €10 Billion
Germany is still trading Russian liquefied natural gas, as canceling the contract of a nationalized firm could cost billions of euros — creating a dilemma for Berlin and potentially benefiting Moscow.