By Elizabeth Howcroft LONDON (Reuters) – A blockchain linked to Binance, the world’s largest crypto exchange, has been hit by a $570 million hack, a Binance spokesperson said on Friday, the latest in a series of hacks to hit the crypto sector this year. Binance CEO Changpeng Zhao said in a tweet that tokens were …
Binance-linked blockchain hit by $570 million crypto hack Read More »
AMSTERDAM (Reuters) – PepsiCo on Friday announced plans to phase out use of natural gas at a factory in the Netherlands and adopt a system based on renewable electricity to make its deep fried snacks in an industry first that Pepsi says could become a template. The project in the Dutch town of Broek op …
PepsiCo to make Cheetos and Lay’s chips using Dutch green electricity Read More »
By Luiza Ilie BUCHAREST (Reuters) – Romania will reduce its foreign debt issuance target for next year as it taps EU funds and low interest rate loans, while a lower budget deficit will reduce its overall net issuance, the finance ministry’s treasury head told Reuters on Friday. The European Union state has become a fixture …
Exclusive-Romania to reduce Eurobond supply, net issuance in 2023 Read More »
MILAN (Reuters) – Italian brand Valentino has decided to switch off the lights in its shops earlier at night to save energy and give a signal of “environmental awareness”, following in the footsteps of the French luxury giant LVMH. Starting from last night, lights in around 95 Valentino’s boutiques around the globe were to be …
Energy-saving in fashion, Valentino turns off lights early Read More »
By Yoruk Bahceli and Nell Mackenzie LONDON (Reuters) -The collateral against potential losses posted on derivatives trades at Eurex has risen to a record high of around 130 billion euros ($128 billion) in the face of highly volatile markets and stubborn inflation, Erik Mueller, CEO of Eurex Clearing, told Reuters on Thursday. This is up …
Eurex Clearing says collateral cushion rises to record high Read More »
By Nerijus Adomaitis, Tim Hepher and Phil Stewart OSLO/PARIS/WASHINGTON (Reuters) – A U.S. Navy reconnaissance aircraft flew near the site of the ruptured Nord Stream 2 pipeline in the Baltic Sea hours after the first damage emerged, according to tracking reviewed by Reuters, a flight Washington said was routine. Russia’s Nord Stream 1 and 2 …
Exclusive-U.S. Navy jet flew across Baltic hours after Nord Stream burst Read More »
WARSAW (Reuters) – Interest rates are expected to rise further in Poland in line with an expected ongoing increase in inflation, Polish rate setter Ludwik Kotecki said on Friday, following the central bank’s decision to hold rates steady for the first time in months. “Since we didn’t increase rates this month, we will have this …
Polish interest rates set to rise further amid inflation rise -rate setter Read More »
By Johann M Cherian and Bansari Mayur Kamdar (Reuters) -UK’s FTSE 100 edged lower on Friday as financial and industrial stocks weighed on the benchmark index after strong U.S. jobs data pointed to hefty rate hikes by the Federal Reserve, triggering a global selloff. The FTSE 100 slipped 0.1%, while the mid-cap FTSE 250 shed …
UK’s FTSE 100 slips after U.S. jobs data, still posts weekly gain Read More »
By Aditya Kalra NEW DELHI (Reuters) – Indian authorities have demanded $244 million from the local unit of French spirits giant Pernod Ricard for undervaluing concentrate imports for over a decade to avoid full payment of duties, a government notice seen by Reuters shows. The demand is the latest setback for Pernod in India, a …
Exclusive-India demands nearly $250 million from Pernod for undervaluing imports Read More »
KYIV (Reuters) – Ukrainian parliament on Friday approved Andriy Pyshnyi, a banker who has helped advise the government on implementing sanctions against Russia, as the head of Ukraine’s central bank, a senior lawmaker said. Yaroslav Zheleznyak, the first deputy chairman of parliament’s finance, tax and customs policy committee, said 290 lawmakers had supported the president’s …
Ukraine’s parliament approves Andriy Pyshnyi as central bank chief Read More »
