By Agustin Marcarian PAILON, Bolivia (Reuters) – Hundreds of trucks lined highways in Bolivia’s farming region of Santa Cruz on Tuesday, as protesters blockaded routes out of the region following the arrest of the local governor, and hard-hit local businesses urged a return to order. Protests have gripped the lowland region since the Dec. 28 …
Hundreds of trucks snarl Bolivia farm region as blockades hit business Read More »
By Jack Queen and Luc Cohen NEW YORK (Reuters) -Sam Bankman-Fried pleaded not guilty on Tuesday to criminal charges that he cheated investors in his now-bankrupt FTX cryptocurrency exchange and caused billions of dollars in losses, in what prosecutors have called an “epic” fraud. He entered his plea in Manhattan federal court where he faces …
Sam Bankman-Fried pleads not guilty in FTX fraud case; October trial set Read More »
BUENOS AIRES (Reuters) – Argentina’s economy ministry said Tuesday it managed to extend the maturities of around 3 trillion pesos ($16.8 billion) in debt following a debt swap that saw a lot of interest from banking entities. The bonds, originally slated to mature in the first quarter of 2023, were extended to different points later …
Argentina extends maturities of $16.8 billion debt to ease payment crunch Read More »
(Refiles to fix typos in paragraphs 2 and 4) NEW YORK (Reuters) -D.E. Shaw’s largest hedge fund gained 24.7% last year after fees, outperforming average gains for the industry in a high-volatility environment, according to a source familiar with the matter. D.E. Shaw, one of the industry’s biggest managers, saw gains in its D.E. Shaw …
By Matt Tracy and Davide Barbuscia (Reuters) – The U.S. investment-grade primary bond market is kicking off 2023 with a rush of new offerings, as companies take advantage of a favourable market window to get ahead of potentially more volatility and a possible economic recession. Twenty corporate issuers raised $34.05 billion in the U.S. investment-grade …
U.S. IG bond market kicks off 2023 with flurry of new deals Read More »
By Sinéad Carew and Amruta Khandekar (Reuters) – Wall Street’s main indexes closed lower on the first trading day of 2023 with the biggest drags from Tesla and Apple, while investors worried about the Federal Reserve’s interest-rate hiking path as they awaited minutes from its December meeting. Shares in electric vehicle maker Tesla Inc closed …
Wall St starts the year with a dip; Apple, Tesla shares drag Read More »
(Reuters) – Carnival Corp and Royal Caribbean Cruises on Tuesday said they would appeal a U.S. court ruling ordering them and two other cruise operators to pay $110 million each in damages for use of a port that Cuba’s government confiscated in 1960. U.S. District Judge Beth Bloom in Miami ruled last week to award …
Cruise lines to appeal U.S court’s big award to owner of Havana dock Read More »
By Richard Cowan WASHINGTON (Reuters) – For much of the last 16 years Republican Jim Jordan’s combative, in-your-face style of politics made the former college wrestler a constant source of trouble for his party’s leadership in the U.S. House of Representatives. Now his party is deciding whether the hardline co-founder of the House Freedom Caucus …
Hardliner Jim Jordan emerges as a Republican alternative for U.S. House speaker Read More »
By Trevor Hunnicutt and David Shepardson WASHINGTON (Reuters) – U.S. President Joe Biden on Tuesday renominated a number of stalled picks for a slate of federal posts including nominees to head the Internal Revenue Service, Federal Aviation Administration, ambassador to India and a Federal Communications Commission (FCC) member, the White House said. The selections did …
Biden renominates stalled picks for key administration posts Read More »
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. If the first proper global trading day of 2023 offers any clue on how the following 12 months will unfold, buckle up. The fairly upbeat mood in Asia and Europe was crushed in U.S. hours as another collapse …
