FTX sues ex-Clinton aide’s investment firm for $700 million

FTX sues ex-Clinton aide’s investment firm for 0 million

NEW YORK, June 22 (Reuters) – (This story from June 22 has been reposted to correct spelling of “Hillary” in paragraph 1) Bankrupt crypto exchange FTX on Thursday sued a former aide to Hillary Clinton and the former aide’s investment firm, seeking to recover $700 million in investments allegedly made with embezzled FTX funds. FTX … Read more

Lab crisis: British science has nowhere to go

Lab crisis: British science has nowhere to go

OXFORD, England, June 20 (Reuters) – For Ros Deegan, the excitement of raising $100 million to develop a biotech company among Oxford’s dream spiers has quickly dampened: unable to find a bigger lab , she regularly had to work from home. Not far away, in the rival university center of Cambridge, biochemist Catherine Elton, constantly … Read more

New Zealand abandon friendly against Qatar amid racism allegations

New Zealand abandon friendly against Qatar amid racism allegations

June 19 (Reuters) – New Zealand refused to report for the second half of a friendly against Qatar in Austria on Monday after New Zealand said a Qatari player had qualified the defender for All Whites Michael Boxall of racial epithet. It was one of two such incidents in Austria on Monday, with the Irish … Read more

The Paris Air Show takes off with a record contract for 500 Airbus aircraft

The Paris Air Show takes off with a record contract for 500 Airbus aircraft

(1/2) A model of a Future Combat Air System (SCAF), a European aircraft developed by France, Germany and Spain is displayed during the 54th Paris International Air Show at Le Bourget airport near Paris, France, June 19, 2023. REUTERS / Benoit Tessier IndiGo signs deal for 500 Airbus planes Jet makers face supply challenges to … Read more

Berlin, Intel reach chip factory deal after months of subsidy talks

Berlin, Intel reach chip factory deal after months of subsidy talks

Intel to receive 10 billion euros in subsidies from Germany – source Decision highlights Berlin’s efforts to attract foreign investment Intel shares -0.7% in Frankfurt BERLIN/STOCKHOLM, June 19 (Reuters) – Germany will give U.S. chipmaker Intel 10 billion euros ($10.91 billion) in subsidies for its planned plant in Magdeburg, a source familiar with the matter … Read more

U.S. subsidiary of crypto giant Binance lays off staff after SEC charges

U.S. subsidiary of crypto giant Binance lays off staff after SEC charges

LONDON, June 15 (Reuters) – The U.S. subsidiary of crypto giant Binance has made a series of layoffs since regulators accused it last week of breaking securities laws and sought to freeze its assets, said two people with knowledge of the layoffs and employees. social media posts. One of the sources said around 50 people … Read more

Intel to invest $4.6 billion in new chip factory in Poland

Intel to invest .6 billion in new chip factory in Poland

Ease of employing 2,000 workers Poland ‘a bit hungrier’ than rivals – CEO No details of grants awarded WROCLAW, Poland/STOCKHOLM, June 16 (Reuters) – Intel (INTC.O) plans to invest up to $4.6 billion in a new semiconductor assembly and test facility near Wrocław, Poland. Poland, as part of a multi-billion dollar investment campaign across Europe … Read more

Google, one of the biggest funders of AI, warns its own staff against chatbots

Google, one of the biggest funders of AI, warns its own staff against chatbots

SAN FRANCISCO, June 15 (Reuters) – Alphabet Inc is warning employees about how they use chatbots, including its own Bard, as it markets the program worldwide, said four people familiar with the matter. Reuters. Google’s parent company advised employees not to enter its confidential documents into AI chatbots, the people said, and the company confirmed, … Read more

Bunge and Viterra will merge to form a $34 billion agricultural trade powerhouse

Bunge and Viterra will merge to form a  billion agricultural trade powerhouse

CHICAGO, June 13 (Reuters) – U.S. grain trader Bunge (BG.N) and Glencore-backed Viterra (GLEN.L) are merging to create an agricultural trading giant worth around $34 billion , including debt, the companies said in a statement on Tuesday. deal that is likely to come under intense regulatory scrutiny. The deal brings the combined company globally closer … Read more

UBS completes the acquisition of Credit Suisse and becomes the wealth management giant

UBS completes the acquisition of Credit Suisse and becomes the wealth management giant

Just over a fifth of UBS executives will come from Credit Suisse Bank’s demise exposed regulatory loopholes and panic risks ZURICH, June 12 (Reuters) – UBS (UBSG.S) completed its emergency takeover of struggling local rival Credit Suisse (CSGN.S) on Monday, forging a Swiss banking and asset management giant fortune with a balance sheet of $1.6 … Read more