FTX founder Bankman-Fried objects to tougher bail, says prosecutors have him ‘sandbagged’

FTX founder Bankman-Fried objects to tougher bail, says prosecutors have him ‘sandbagged’

NEW YORK, Jan. 28 (Reuters) – Lawyers for Sam Bankman-Fried on Saturday urged a US judge not to bar the indicted FTX cryptocurrency manager from communicating with former colleagues as part of his bail. client in the ‘worst possible light’. The lawyers were responding to a Friday night request from federal prosecutors that Bankman-Fried not … Read more

Exclusive: India’s Adani says $2.5 billion share sale on track even as bankers ponder changes

Exclusive: India’s Adani says .5 billion share sale on track even as bankers ponder changes

MUMBAI, Jan. 28 (Reuters) – A $2.5 billion share sale by India’s Adani Enterprises (ADEL.NS) remains on track at its planned issue price, the company told Reuters on Saturday, while sources said bankers were considering changes as a result of a market failure in the group’s shares. Bankers on the deal were considering extending the … Read more

Pro-Western retired general Pavel wins Czech presidential election

Pro-Western retired general Pavel wins Czech presidential election

Pavel wins in an overwhelming vote over ex-prime minister Babis Pavel clearly supports Ukraine, West Promises to end the divisions of Babis, the incumbent Zeman Turnout in the presidential election was record high PRAGUE, January 28 (Reuters) – Former army chief and senior NATO official Petr Pavel won presidential elections in the Czech Republic on … Read more

British regional airline Flybe ceases trading, cancels all flights

British regional airline Flybe ceases trading, cancels all flights

Collapse for the second time in three years 276 employees laid off by administrators About 75,000 customers had future bookings Hurt by delayed aircraft delivery Rivals see increasing demand LONDON, Jan. 28 (Reuters) – British regional airline Flybe on Saturday suspended operations for the second time in three years, canceling all flights and laying off … Read more

Exclusive: Top US Treasury official warns UAE and Turkey about sanctions evasion

Exclusive: Top US Treasury official warns UAE and Turkey about sanctions evasion

WASHINGTON, Jan. 28 (Reuters) – The US Treasury’s top sanctions official will travel to Turkey and the Middle East next week to warn countries and companies that they could lose access to the US market if they do business with entities which are subject to US restrictions such as Washington. cracks down on Russian attempts … Read more

EV maker Lucid rises on report Saudi PIF to buy remaining stake

EV maker Lucid rises on report Saudi PIF to buy remaining stake

27 Jan. (Reuters) – Shares of Lucid Group (LCID.O) rose 43% on Friday, a drop in earnings after doubling market speculation that the Saudi Arabian Public Investment Fund (PIF) was looking to buy out the electric vehicle maker. The speculation stemmed from an “uncooked” warning attributed to deals website Betaville, which used the term for … Read more

India’s Adani Begins Record Share Selling as Short Seller Causes $44 Billion Loss

India’s Adani Begins Record Share Selling as Short Seller Causes  Billion Loss

MUMBAI, Jan. 27 (Reuters) – Shares of India’s Adani Enterprises (ADEL.NS) fell 15% on Friday as a damning report from a US short seller sparked defeat among the conglomerate’s listed companies, casting doubt on how investors will responding to the company’s record $2.45 billion in secondary sales. Seven publicly traded companies of the Adani conglomerate … Read more