(Reuters) – Britian’s Oxford Instruments said on Thursday its Chief Executive Officer Ian Barkshire would retire and be replaced by Richard Tyson, the CEO of electronic components maker TT Electronics. The London-listed firm’s shares rose 5.5%, while TT Electronics fell nearly 3% as of 0750 GMT. Barkshire, who led the nanotechnology tools maker for seven …
Oxford Instruments CEO to retire after 7 years at the helm Read More »
(Reuters) – Bank of England Governor Andrew Bailey said he did not see signs of a repeat of the 2007/8 global financial crisis, speaking at the International Monetary Fund Spring Meetings in Washington. “I do not see the evidence that we’ve got on our hands what I would call … the makings of a 2007/8 …
Bank of England’s Bailey: I don’t see makings of a repeat of 2007-08 financial crisis Read More »
By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Wednesday called for continued significant aid to Ukraine as it battles against Russia’s invasion, and lauded Ukrainian authorities for their focus on good governance and anti-corruption. Yellen, who paid a surprise visit to Kyiv in February, spoke at the start of a ministerial …
Yellen urges continued ‘significant, predictable and timely’ aid for Ukraine Read More »
By Elvira Pollina MILAN (Reuters) -Italy’s data protection agency set out a list of demands on Wednesday to address its concerns over ChatGPT and allow the chatbot service run by OpenAI to resume in the country. Almost two weeks ago Microsoft Corp-backed OpenAI took ChatGPT offline in Italy after the authority, known as Garante, temporarily …
ChatGPT can resume in Italy if meets data watchdog’s demands Read More »
By Luc Cohen NEW YORK (Reuters) -A former Deutsche Bank AG investment banker has been charged in an indictment unsealed on Tuesday with misappropriating funds from investors whom he wooed with promises of big returns from cryptocurrency trading. Rashawn Russell, 27, of Brooklyn, solicited investments from friends and colleagues but used the funds for gambling …
Ex-Deutsche Bank investment banker charged in US with crypto fraud Read More »
By Dietrich Knauth (Reuters) -Bankrupt crypto exchange FTX has recovered over $7.3 billion in cash and liquid crypto assets, an increase of more than $800 million since January, the company’s attorney said on Wednesday at a U.S. bankruptcy court hearing in Delaware. FTX attorney Andy Dietderich said the company is starting to think about its …
Bankrupt crypto exchange FTX has recovered $7.3 billion in assets Read More »
By Giuseppe Fonte, Angelo Amante and Francesca Landini ROME (Reuters) – Italy’s Treasury on Wednesday appointed Flavio Cattaneo as chief executive of the country’s biggest utility Enel, while confirming Claudio Descalzi at the helm of energy group Eni for an unprecedented fourth term. Cattaneo, currently executive vice president of high-speed train operator Italo, succeeds Francesco …
Italy ousts Starace from Enel, confirms Eni’s Descalzi Read More »
WASHINGTON (Reuters) – The European Central Bank still has a “little way to go” with rate hikes but most of its work is done and now the duration of higher rates is the bigger issue, French central bank chief Francois Villeroy de Galhau said on Wednesday. Having raised rates at the fastest pace on record …
ECB has some hikes left but most of its work is done: Villeroy Read More »
By Shristi Achar A and Johann M Cherian (Reuters) -London’s FTSE 100 closed higher on Wednesday for the fourth straight session, supported by healthcare and energy stocks as signs of cooling inflation in the U.S., the world’s largest economy, boosted investor sentiment. The blue-chip FTSE 100 ended 0.5%, holding on to one month highs, though …
FTSE 100 ends higher for fourth straight day, U.S inflation cools Read More »
MOSCOW (Reuters) – Russia’s government has approved the sale of Shell’s former 27.5% stake in the Sakhalin-2 energy project to Russian energy firm Novatek for 94.8 billion roubles ($1.16 billion), a government order showed on Wednesday. Russian President Vladimir Putin gave his consent for the transfer of the required funds to Shell, Russian daily Kommersant …
Russia’s Novatek to acquire Shell’s stake in Sakhalin-2 for $1.16 billion Read More »
