July 8 (Reuters) – Elon Musk, CEO of Tesla (TSLA.O) and the world’s richest person, said on Friday he would terminate his $44 billion deal to buy Twitter. (TWTR.N) because the social media company had breached multiple provisions of the merger agreement. Twitter Chairman Bret Taylor said on the microblogging platform that the board plans … Read more
General view of the Rogers Building, Rogers Communications neighborhood in Toronto, Ontario, Canada, October 22, 2021. REUTERS/Carlos Osorio Sign up now for FREE unlimited access to Reuters.com Record TORONTO, July 8 (Reuters) – A major service outage at Rogers Communications Inc. (RCIB.TO) Mobile and internet networks caused widespread outages across Canada on Friday, hitting banks, … Read more
Stephen Ehrlich, CEO and co-founder of Voyager Digital Ltd., speaks during the Piper Sandler Global Exchange and FinTech Conference in New York City, U.S., June 8, 2022. REUTERS/Brendan McDermid Sign up now for FREE unlimited access to Reuters.com Record Jul 6 (Reuters) – US crypto lender Voyager Digital (VOYG.TO) said Wednesday that it has filed … Read more
Credit Suisse first major Swiss bank to face criminal trial Former banker found guilty of qualifying money laundering Bank plans to appeal BELLINZONA, Switzerland, June 27 (Reuters) – Credit Suisse (CSGN.S) was convicted by the Swiss Federal Criminal Court on Monday of failing to prevent money laundering by a Bulgarian gang of cocaine traffickers in … Read more
LONDON/MUMBAI/ANKARA, June 21 (Reuters) – For Jeremy Fong, US crypto lender Celsius was an ideal place to stash his digital currency holdings and earn some spending money from its double-digit interest rates along the way. “I was probably making $100 a week” at places like Celsius, said Fong, a 29-year-old civil aerospace worker who lives … Read more
Representations of the virtual currencies Ripple, Bitcoin, Etherum and Litecoin are seen on a PC motherboard in this illustration image, February 14, 2018. REUTERS/Dado Ruvic/File photo Sign up now for FREE unlimited access to Reuters.com Record LONDON/HONG KONG, June 20 (Reuters) – The cryptocurrency industry was on edge on Monday as Bitcoin struggled to stay … Read more
The logo of Swiss bank Credit Suisse is seen at its headquarters at Paradeplatz square in Zurich, Switzerland, October 1, 2019. REUTERS/Arnd Wiegmann Sign up now for FREE unlimited access to Reuters.com Record MILAN, June 8 (Reuters) – Shares in Credit Suisse (CSGN.S) rose sharply on Wednesday afternoon, with traders citing a Paradeplatz interior report … Read more
June 7 (Reuters) – Elon Musk’s efforts to secure new financing will limit his cash contribution to his $44 billion acquisition of Twitter Inc. (TWTR.N) have been put on hold due to uncertainty surrounding the deal, people familiar with the matter said. Musk has been threatening to back out of the deal unless the social … Read more
May 18 (Reuters) – An S&P Dow Jones Indices executive told Reuters on Wednesday that it has removed electric carmaker Tesla Inc. (TSLA.O) of the widely followed S&P 500 ESG Index (.SPXESUP)due to issues including claims of racial profiling and accidents related to its autopilot vehicles, and Tesla CEO Elon Musk responded with harsh tweets … Read more