Sam Bankman-Fried’s trading house Alameda Research had a secret speed advantage when executing orders on his now-collapsed FTX crypto exchange, according to the US Commodity Futures Trading Commission.
Mitsubishi UFJ Financial Group Inc. is in talks to invest about $200 million in Akulaku Inc., an Indonesian online lender backed by Jack Ma’s Ant Group Co., according to people familiar with the matter.
Binance Holdings Ltd. Chief Executive Officer Changpeng Zhao warned his colleagues to expect tough months ahead and said the firm will overcome current challenges, as the crypto billionaire tries to assuage concerns about the company’s financial health.
Long Covid has played a part in killing 3,544 people in the US, according to a government study that suggests how severe SARS-CoV-2’s impact may remain after the pandemic era passes.
US President Joe Biden is at pains to fix perceptions in Africa that the US has neglected the continent while China and Russia make inroads.
NATO is weighing how to bolster its air and missile defenses to combat threats like the commercially available drones and cruise missiles Russia has used in Ukraine.
Europe is bringing in diesel cargoes from around the world at close to a record pace ahead of the coming ban on shipments from its biggest external supplier.
(Bloomberg) — The European Central Bank is about to reveal its blueprint for shrinking almost €5 trillion ($5.3 trillion) of bonds — a delicate process that’s part of officials’ fight with unprecedented inflation but that also carries the danger of roiling markets.
The Swiss National Bank will almost certainly raise interest rates this week, but economists are split three ways on how aggressively officials will act to tame inflation that’s the lowest in the OECD.
The European Union will propose a €10 billion ($10.6 billion) investment package to countries in Southeast Asia as the European bloc seeks to strengthen ties with the region to diversify supply chains and rally support against Russia.
