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Exclusive-Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao

Exclusive-Crypto giant Binance moved $400 million from U.S. partner to firm managed by CEO Zhao

By Angus Berwick and Tom Wilson (Reuters) – Global cryptocurrency exchange Binance had secret access to a bank account belonging..

G20 watchdog homes in on decentralised finance after FTX crash

G20 watchdog homes in on decentralised finance after FTX crash

By Huw Jones LONDON (Reuters) – The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle &..

Mercedes-Benz to buy back up to 4 billion euros in shares by 2025

Mercedes-Benz to buy back up to 4 billion euros in shares by 2025

BERLIN (Reuters) -Mercedes Benz said on Thursday it plans to buy back up to 4 billion euros ($4.28 billion) of its shares over two yea..

Gucci banks on private ‘salons’ for the ultra-rich to revive sales

Gucci banks on private ‘salons’ for the ultra-rich to revive sales

By Mimosa Spencer PARIS (Reuters) – Gucci is banking on new ultra-high-end “salons” offering merchandise priced at u..

Ubisoft vows to get back to operating margin above 20% in medium term

Ubisoft vows to get back to operating margin above 20% in medium term

By Enrico Sciacovelli (Reuters) -French video game producer Ubisoft said it would reach operating margin above 20% in the medium term,..

Dollar advances as strong U.S. data backs higher rates backdrop

Dollar advances as strong U.S. data backs higher rates backdrop

By Gertrude Chavez-Dreyfuss and Laura Matthews NEW YORK (Reuters) – The U.S. dollar held gains against a basket of currencies on..

Uniper sells UAE marine fuels refinery to consortium including Montfort

Uniper sells UAE marine fuels refinery to consortium including Montfort

FRANKFURT/SINGAPORE (Reuters) -German utility Uniper has agreed to sell its oil refinery in the United Arab Emirates to a consortium o..

Amazon grants 1.5 million euros to Dutch seaweed farm project

Amazon grants 1.5 million euros to Dutch seaweed farm project

AMSTERDAM (Reuters) – Amazon.com has granted 1.5 million euros ($1.6 million) to a Dutch project testing the viability of commer..

Aldi UK to recruit 6,000 after strong Christmas trading

Aldi UK to recruit 6,000 after strong Christmas trading

LONDON (Reuters) – The British arm of German discounter Aldi said on Thursday it was looking to hire more than 6,000 workers, co..

Holcim to acquire European roofs manufacturer FDT Flachdach Technologie

Holcim to acquire European roofs manufacturer FDT Flachdach Technologie

ZURICH (Reuters) – Switzerland’s Holcim is to acquire thermoplastic roofs manufacturer FDT Flachdach Technologie GmbH, the..