Reuters UK Business

By Elizabeth Howcroft LONDON (Reuters) – The company behind the “Bored Ape” series of NFTs has raised around $285 million worth of cryptocurrency by selling tokens which represent land in a virtual world game it says it is building. Last year, U.S. start-up Yuga Labs created the Bored Ape Yacht Club NFTs, blockchain-based tokens representing …

Bored Ape NFT company raises around $285 million of crypto in virtual land sale Read More »

(Reuters) – Russian Prime Minister Mikhail Mishustin signed a decree cutting the state-backed mortgage rate and extending the programme, part of wider measures aimed at stimulating economic growth. Russia is grappling with the fallout from Western sanctions over what Moscow calls a special military operation in Ukraine to demilitarise its neighbour and rid it of …

Russia cuts state-backed mortgage rate, extends scheme Read More »

(Reuters) – Russian gas producer Gazprom said it was supplying natural gas to Europe via Ukraine on Sunday in line with requests from European consumers. Requests stood at 97.2 million cubic metres (mcm) for May 1, up from 71.7 mcm on Saturday. (Reporting by Reuters; editing by Guy Faulconbridge)

By Carolina Mandl and Jonathan Stempel OMAHA, Neb. (Reuters) – Berkshire Hathaway Inc shareholders on Saturday rejected proposals to have an independent chair replace Warren Buffett, and require his company to disclose more about its climate-related risks and efforts to improve diversity. Shareholders supported letting Buffett keep both the chairman and chief executive roles by …

Berkshire shareholders vote to keep Buffett as chairman, reject climate disclosures Read More »

By Krystal Hu and Anirban Sen (Reuters) – It is the biggest acquisition financing ever put forward for one person. Elon Musk is doing it his way. More than two-thirds of the $46.5 billion financing package that Musk unveiled on Thursday in support of his bid for Twitter Inc would come from his assets, with …

Analysis-Musk tears up buyout playbook with $46.5 billion Twitter financing Read More »

By Jonathan Cable LONDON (Reuters) -Euro zone business growth unexpectedly accelerated this month, with the bloc’s dominant services sector seeing a sharp increase in activity as consumers shrugged off soaring prices, a survey showed. Manufacturers, however, struggled as supply chain disruptions caused by the pandemic have been exacerbated by Russia’s invasion of Ukraine and renewed …

Two-speed euro zone economy as services shine, factories struggle -PMI Read More »