(Reuters) – Grocery delivery start-up Instacart has cut its internal valuation to $10 billion, the Information reported on Tuesday, citing two people familiar with the situation. The company, wh[...]
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Articles written by Reuters
Japan’s Nakao sees smoother path for Kuroda’s successor with BOJ policy shift
By Tetsushi Kajimoto and Yoshifumi Takemoto TOKYO (Reuters) -The Bank of Japan (BOJ) has modified its stimulus measures to ease the transition away from an unconventional monetary policy when Governor[...]
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FTX customers file class action to lay claim to dwindling assets
By Tom Hals and Dietrich Knauth (Reuters) – FTX customers filed a class action lawsuit against the failed crypto exchange and its former top executives including Sam Bankman-Fried on Tuesday, se[...]
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Japan asks its insurers to retain marine war cover for LNG shippers in Russian waters
TOKYO (Reuters) -The Japanese government has asked insurers to take on additional risks to continue providing marine war insurance for liquefied natural gas (LNG) shippers in Russian waters, a senior[...]
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Lessor BOC Aviation orders 40 Boeing 737 MAX planes
(Reuters) – Aircraft lessor BOC Aviation Ltd said on Wednesday it had ordered 40 Boeing Co 737 MAX planes to be delivered in 2027 and 2028, in a year-end boost to the U.S. manufacturer’s o[...]
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S&P 500, Nasdaq close lower, weighed by growth stocks
By Stephen Culp NEW YORK (Reuters) – Wall Street ended lower at the beginning of a holiday-shortened week on Tuesday, as rising U.S. Treasury yields pressured interest rate sensitive megacap sha[...]
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U.S. charges accused Mango crypto manipulator with fraud
By Jonathan Stempel NEW YORK (Reuters) – U.S. prosecutors have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal about $110 million in October[...]
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Italy’s Nexi signs digital payments deal with TIM’s Olivetti
MILAN (Reuters) – Nexi and Telecom Italia’s Olivetti have teamed up to provide advanced electronic payment solutions to businesses, the companies said on Tuesday. Under the accord, Nexi[...]
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Wall St stocks fall, bond yields rise as China drops quarantine rule
By Sinéad Carew NEW YORK (Reuters) – The S&P 500 and the Nasdaq closed lower on Tuesday after the release of U.S. economic data at the start of a holiday-shortened week while bond yields ros[...]
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