Odey Asset Management halted withdrawals from two more funds in response to mounting redemption pressure as the firm struggles to contain the fallout from fresh sexual assault allegations against its founder Crispin Odey.
International cooperation is needed to regulate crypto conglomerates, Governor of the Banque de France François Villeroy de Galhau said at VivaTech event in Paris on Friday.
Everything changed for investors in Nigeria this week.
Dire warnings about TikTok dominated conversations on Capitol Hill earlier this year, with both Republicans and Democrats describing the Chinese-owned app as one of the gravest national security threats to the US.
(Bloomberg) — Italy, Poland and Sweden proposed candidates to lead the European Investment Bank, according to people familiar with the matter, kicking off an initial round of European Union horse trading before bargaining over top jobs intensifies next year.
The US envoy to Japan slammed Xi Jinping’s handling of China’s economy while calling an upcoming visit to Beijing by Secretary of State Antony Blinken a chance to stabilize relations.
Iran is shipping the most crude in almost five years, fortifying its re-emergence on the geopolitical stage while posing risks for a fragile global crude market.
Intel Corp. is set to receive almost $11 billion in subsidies from the German government for a chip manufacturing complex in the eastern part of the country, according to people familiar with the matter.
The European Central Bank will have to keep raising interest rates even after September if core inflation doesn’t slow down sustainably by then, according to Governing Council member Pierre Wunsch.
(Bloomberg) — European Central Bank Vice President Luis de Guindos is ruling out returning to Spain after the snap elections next month if the centre-right Popular Party wins, according to people familiar with his thinking.
