(Reuters) – FTX founder Sam Bankman-Fried in a blog post refuted some claims made by the company’s lawyers on Tuesday, saying that they were “extremely misleading” and that FTX U.S. was and is solvent. (Reporting by Juby Babu in Bengaluru; Editing by Sandra Maler)
By Scott DiSavino NEW YORK (Reuters) – Oil prices fell about 1% on Wednesday, surrendering early gains as worries about a possible U.S. recession outweighed optimism that China’s lifting of COVID-19 curbs will fuel demand for crude in the world’s top oil importer. Brent <LCOc1> futures fell 94 cents, or 1.1%, to settle at $84.98 …
Oil eases 1% as U.S. recession worries offset China recovery hopes Read More »
Por Jack Queen 18 ene (Reuters) – Un empresario argentino testificó el miércoles que dos ex ejecutivos de 21st Century Fox y una empresa de marketing deportivo conspiraron con él para sobornar a funcionarios del fútbol sudamericano y obtener lucrativos derechos de transmisión. Alejandro Burzaco se declaró culpable en 2015 de asociación ilícita y otros …
By Jonathan Stempel (Reuters) – A U.S. judge on Tuesday said Costco Wholesale Corp must face a lawsuit claiming it falsely advertises and labels its canned tuna as “dolphin safe” despite using fishing methods that harm and kill dolphins. U.S. District Judge William Orrick in San Francisco said the plaintiff in the proposed nationwide class …
Costco must face lawsuit over ‘dolphin safe’ tuna claim Read More »
By Laura Sanicola WASHINGTON (Reuters) – U.S. oil refiners plan twice as many refinery overhauls this spring as usual, aiming to resume maintenance delayed by the pandemic and by the lure of record-high margins, according to data provider IIR Energy and Reuters reporting. The size of the planned outages suggests supplies of gasoline and diesel …
Heavy slate of U.S. oil refinery overhauls to crimp fuel output Read More »
SINGAPORE (Reuters) – General Electric’s turbine manufacturing unit said on Wednesday it had agreed with Japan’s IHI Corp to develop gas turbines operating on ammonia to reduce carbon dioxide emissions. GE and IHI would work to develop technology that would allow some of GE’s existing gas turbine products to safely burn 100% ammonia by 2030, …
GE, IHI to develop ammonia-based low-carbon gas power turbines Read More »
(Reuters) -Party City Holdco Inc filed for Chapter 11 bankruptcy protection on Tuesday, making it the latest casualty in the U.S. retail industry as persistently high inflation takes a toll on consumer spending. Troubled retailers often seek bankruptcy protection following the holiday season to take advantage of the cash cushion provided by recent sales. Bed …
Party City files for Chapter 11 bankruptcy protection Read More »
By Jack Queen (Reuters) – An Argentine businessman testified on Wednesday that two former 21st Century Fox executives and a sports marketing company conspired with him to bribe South American soccer officials and secure lucrative broadcasting rights. Alejandro Burzaco, pleaded guilty in 2015 to racketeering and other charges as part of a sprawling corruption probe …
Former Fox execs conspired to bribe FIFA officials, prosecution witness says Read More »
Por Ana Mano SAO PAULO, 18 ene (Reuters) – Los operadores mundiales de cereales Cargill y Viterra aparecen como fletadores de dos buques que se cargarán con soja brasileña para su entrega en Argentina en las próximas semanas, según datos de transporte marítimo. El buque Interlink Fortuity de Cargill llegaría el 25 de enero al …
Cargill y Viterra enviarán 71.000 toneladas de soja brasileña a Argentina: datos Read More »
By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. airlines on the back of strong financial results remain upbeat about travel demand, even as economists and analysts say the risk of an economic recession has gone up. United Airlines and Delta Air Lines reported higher-than-expected quarterly earnings on resilient consumer demand, while American Airlines lifted its …
U.S. airlines sound bullish on travel demand despite recession risk Read More »
