Italy’s Ex-Premier Berlusconi Leaves Hospital After Six Weeks
Silvio Berlusconi, Italy’s longest-serving prime minister, has left the hospital were he was treated for a lung infection after just over six weeks.
Bloomberg Business
Canada Retail Sales Rise Slightly in Sign of Consumer Slowdown
Canadian consumers may be slowing down their spending on big purchases in the face of high borrowing costs.
China’s Yuan Jumps After Central Bank Vows to Curb Speculation
China’s yuan jumped on Friday after the country’s central bank moved to shore up the currency following a recent selloff, vowing to curb speculation and calling for more stability in the foreign exchange market.
Turkey Opposition Seeks New Allies Before Runoff Against Erdogan
Kemal Kilicdaroglu, a presidential hopeful challenging Turkey’s incumbent Recep Tayyip Erdogan, pledged to expel refugees as he seeks the support of an anti-immigration party that could play a vital role in a runoff vote.
Crypto Trading Takes a ‘Few Steps Back’ After Jane Street, Jump Retreat
First the crypto lenders imploded, then the industry’s second-largest exchange collapsed. Next to go were the crypto-friendly banks. In the latest blow, major trading firms — the players responsible for the market’s plumbing — are now retrenching.
New York City Region Rattled by Early Morning Earthquake
A minor earthquake struck just north of Yonkers, New York on the shores of the Hudson River early Friday morning, said Randy Baldwin, a geophysicists with the US Geological Survey in Golden Colorado.
Pokemon Go Creator Niantic Suffers Metaverse Woes
New pet-simulator game Peridot joins a growing list of augmented-reality disappointments
Wall Street Built a $370 Billion Business Cloning Quant Trades
Deep in the bowels of Wall Street there’s a surprisingly successful counterfeiting operation underway: The world’s largest banks have created a booming business churning out imitation quant trades.
Trafigura Says Accused Fraudster’s Wife Not a Bystander
Commodities trader Trafigura Group, which is investigating a $577 million nickel fraud, had an asset freeze extended to the alleged fraudster’s wife, saying in a London court that she is not a “wholly innocent bystander.”
Tycoons’ Bids Value ‘Russia’s Google’ at $7 Billion
Yandex NV has received bids from billionaires Vladimir Potanin and Vagit Alekperov to buy a controlling stake in Russia’s dominant search engine that value the company’s Russian assets at about $7 billion, according to people familiar with the matter.
