(Removes extraneous word in para 3) (Reuters) – Bitcoin rose 2.3% to $23,199 at 10:07 GMT on Saturday, adding $521 to its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is up 40.6% from the year’s low of $16,496 on January 1. Ether, the coin linked to the ethereum blockchain network, rose 0.58% to $1,668.1 …
(Reuters) – Twitter Inc has about 2,300 active employees, Elon Musk said in a Tweet on Saturday. CNBC on Friday reported that Twitter’s full-time headcount has reduced to about 1,300 active, working employees, including fewer than 550 full-time engineers by title. About 75 of the company’s 1,300 employees are on leave including about 40 engineers, …
Elon Musk says Twitter has a headcount of about 2,300 Read More »
By Dietrich Knauth (Reuters) – Federal prosecutors have seized nearly $700 million in assets from FTX founder Sam Bankman-Fried in January, largely in the form of Robinhood stock, according to a Friday court filing. Bankman-Fried, who has been accused of stealing billions of dollars from FTX customers to pay debts incurred by his crypto-focused hedge …
Feds seized nearly $700 million from FTX founder Bankman-Fried Read More »
(Reuters) – United Arab Emirates renewable energy company Masdar, state oil firm Abu Dhabi National Oil Company (ADNOC) and oil major BP agreed to conduct a joint feasibility study on exploring the production of sustainable aviation fuel (SAF) in the UAE, Masdar said in a statement on Friday. The agreement, which includes Abu Dhabi Waste …
UAE companies explore production of sustainable aviation fuel with BP Read More »
LONDON (Reuters) – Junior doctors in England have voted for strike action in a dispute over pay, HCSA, a hospital doctors’ union, said on Friday. “This result underlines the huge anger among Junior Doctors at the staffing turmoil and years of pay decline they have been subjected to,” HCSA President Dr Naru Narayanan said in …
UK junior doctors vote for strike action in England, union says Read More »
By Jessica DiNapoli and Richa Naidu NEW YORK/LONDON (Reuters) -Top advertisers on Twitter slashed their spending after Elon Musk’s takeover, according to estimates compiled for Reuters by research firm Pathmatics, in the latest shock to the company’s dominant revenue source. Fourteen of the top 30 advertisers on Twitter stopped all advertising on the platform after …
Here’s what Twitter lost in advertising revenue in final months of 2022 Read More »
By Ron Bousso LONDON (Reuters) – BP’s longstanding head of mergers and acquisitions Robert Lawson has left the energy company to join Swiss-based commodity trading house Mercuria. Lawson, who joined BP in 1990, left the company in November and was replaced by Sam Skerry, who had been leading BP’s new ventures division that invests in …
BP’s longstanding dealmaking boss Lawson leaves for Mercuria Read More »
PARIS (Reuters) – The French state acquired enough EDF shares on the market to start squeeze-out proceedings as it fully nationalises the nuclear energy giant, the finance ministry said on Friday. The government now holds 92.71% of voting rights in EDF, the ministry said, marking the successful end of the full takeover proceedings, launched by …
France now holds over 90% in EDF, allowing for squeeze-out, ministry says Read More »
MILAN (Reuters) – Intesa Sanpaolo on Friday sought to reassure investors that it had sufficient capital reserves to see through its shareholder distribution plans, after its shares fell on concerns about reported large asset disposals. Intesa said it expected its best quality capital to stand at around 13% at the end of the year and …
Italy’s Intesa reassures investors over capital distribution Read More »
By Tassilo Hummel PARIS (Reuters) – French court on Friday ordered Uber to pay around 17 million euros ($18.43 million) in damages and lost salaries to a group of drivers who argued they should have been treated like employees rather than self-employed, both parties to the case told Reuters. “This is a huge victory after …
French court orders Uber to pay some $18 million to drivers, company to appeal Read More »
