NEW YORK/LONDON, June 10 (Reuters) – Crispin Odey, one of Britain’s best-known hedge fund managers, is to quit the company he founded, Odey Asset Management, following allegations of sexual misconduct, the company’s executive committee announced on Saturday. The Financial Times and Tortoise, in a joint publication on Thursday, reported allegations from 13 women that Odey … Read more
(1/2) The Binance US logo is seen on a booth during the Bitcoin 2022 conference in Miami Beach, Florida, U.S., April 6, 2022. REUTERS/Marco Bello/File Photo June 8 (Reuters) – Crypto exchange Binance.US said on Thursday it was suspending U.S. dollar deposits and banking partners were preparing to suspend fiat dollar withdrawal channels as of … Read more
(1/2) Coinbase CEO and co-founder Brian Armstrong speaks during the 2022 Milken Institute Global Conference in Beverly Hills, California, U.S., May 2, 2022. REUTERS/David Swanson June 7 (Reuters) – Coinbase (COIN.O) Chief Executive Brian Armstrong hit back at U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler on Wednesday over the agency’s lawsuit against the … Read more
(1/2) A selection of injection pens for the weight-loss drug Wegovy are shown in this photo illustration in Chicago, Illinois, U.S., March 31, 2023. REUTERS/Jim Vondruska/Illustration PM says scheme will seek to reduce waiting time for obese people £40m pilot steps in on uncertainty surrounding Wegovy UK launch Specialist service limits access to drugs to … Read more
PGA Tour calls deal ‘historic day’ for golf The agreement puts an end to disputes between the parties PGA Tour players are shocked by the surprise announcement Merger criticized by families of 9/11 victims June 6 (Reuters) – The golf world was stunned on Tuesday as the PGA Tour, DP World Tour and rival Saudi-backed … Read more
NEW YORK, June 6 (Reuters) – The U.S. Securities and Exchange Commission sued Coinbase (COIN.O) on Tuesday, accusing the largest U.S. cryptocurrency exchange of operating illegally because it failed to been registered with the regulator. The lawsuit is the SEC’s second in two days against a major crypto exchange, following its lawsuit against Binance, the … Read more
(Reuters) – (Editor’s note: This story contains language in paragraphs 5, 6 and 8 that readers may find offensive) Named partners at US law firm Barber Ranen have resigned after their former law firm Lewis Brisbois Bisgaard & Smith found dozens of emails showing the lawyers using racist, sexist, homophobic and anti-Semitic language during their … Read more
ISTANBUL, June 5 (Reuters) – The United States is in a “trade recession” but the consumer is “strong”, Scott Kirby, chief executive of United Airlines (UAL.O), the biggest air carrier in the world. conference in Istanbul on Monday. This can be seen as leisure air travelers are coming back stronger and faster than business travelers, … Read more
No fault on the part of the Temasek investment team The team, senior management took “collective responsibility” Temasek did not specify the amount of the reduced compensation May 29 (Reuters) – Singapore’s Temasek Holdings (TEM.UL) said it had cut pay for the team that recommended investing in now bankrupt cryptocurrency exchange FTX and senior management, … Read more
(1/3) The logo of insurer Allianz SE is seen on the company’s building in Puteaux, in the financial and business district of La Defense near Paris, outside Paris, France, May 14, 2018. REUTERS/Charles Platiau /File Photo Lloyd’s of London is the latest of the six to leave NZIA UN group warns ‘political attacks’ hurt insurers … Read more
