Crudo sube en la semana por expectativas sobre demanda de China y depreciación del dólar

Por Shariq Khan NUEVA YORK, 13 ene (Reuters) -Los precios del petróleo subían el viernes alrededor de un dólar por barril y anotaron su mayor alza semanal desde octubre, ya que el dólar bajó a un mínimo de siete meses y más indicadores apuntaban a una creciente demanda del principal importador de crudo del mundo, …

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Crypto investor Justin Sun says willing to spend up to $1 billion on DCG assets

By Elizabeth Howcroft LONDON (Reuters) – Chinese crypto entrepreneur Justin Sun is willing to spend $1 billion of his own funds on buying assets belonging to Digital Currency Group (DCG), the parent company of embattled crypto lender Genesis, Sun told Reuters. Genesis froze customer withdrawals in November and said it was trying to avoid a …

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New rule on pistol attachments to boost gun safety, U.S. Justice Department says

By Gram Slattery and Susan Heavey WASHINGTON (Reuters) – The U.S. Justice Department announced on Friday a new rule targeting pistol attachments known as “stabilizing braces,” implementing a key move in the Biden administration’s efforts to beef up gun control regulations. A stabilizing brace is an attachment to a pistol that functionally turns it into …

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Citigroup misses profit estimates on provision hike, dealmaking slowdown

By Mehnaz Yasmin and Carolina Mandl (Reuters) – Citigroup Inc reported a 21% fall in quarterly profit on Friday, missing forecasts, as the bank increased provisions to prepare for a worsening economy and investment banking revenue declined due to a sharp drop in dealmaking activity. Fears of a potential recession prompted Citi to add $640 …

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U.S. SEC awards $5 million to tipster

(Reuters) – The top U.S. markets regulator on Friday announced a $5 million award to a whistleblower whose tip-off it said had resulted in a successful enforcement action. The whistleblower not only provided helpful information but “substantial ongoing assistance,” Creola Kelly, head of the whistleblower office at the Securities and Exchange Commission, said in a …

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Un “sabotaje” podría ser la causa del derrube de las torres de Eletrobras en Brasil: fuentes

RIO DE JANEIRO, 13 ene (Reuters) – El derrumbe de dos torres de transmisión operadas por la compañía eléctrica brasileña Eletrobras ocurrió después de que alguien cortara los cables utilizados para asegurar las torres, dijeron el viernes tres fuentes con conocimiento del asunto. Los actos vandálicos ocurrieron entre el domingo y el lunes, después de …

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Italian watchdog fines online retailer YNAP more than $5 million

ROME (Reuters) -Italy’s antitrust agency has fined online fashion retailer YOOX Net-A-Porter (YNAP) 5.25 million euros ($5.69 million) over misleading pricing and its returns policy, the regulator said on Friday. The retailer advertised reductions on products on which the final sale price was “substantially the same” as the pre-discount price and blocked orders from customers …

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JPMorgan ‘open for business’ in leveraged loans as rivals get stuck with losses

By Matt Tracy (Reuters) – JPMorgan Chief Financial Officer Jeremy Barnum told investors the bank is “absolutely open for business” in leveraged lending even as other U.S. banks are expected to book significant losses on risky loans underwritten last year. “Terms are better, pricing is better, we have the resources needed,” Barnum said on a …

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