LONDON (Reuters) – Blockchain data seen by Reuters shows that crypto giant Binance processed nearly $346 million in bitcoin for digital currency exchange Bitzlato, whose founder was arrested by US authorities last week for allegedly running a “money laundering engine.” The Justice Department said on January 18 that it charged Bitzlato co-founder and majority shareholder …
COVENTRY, England, Jan. 23 (Reuters) – China’s Geely (0175.HK) is planning a major investment to turn the maker of London’s iconic black cabs into an all-electric full-size brand with a range of commercial and passenger cars, unit executives told Reuters. . The London Electric Vehicle Company (LEVC) also aims to expand its range of services, …
Exclusive: Geely plans to convert London’s black cab maker into an electric powerhouse Read More »
40% of ECB employees have low or no confidence Two-thirds of them say trust has been damaged 63% worry about the ECB’s ability to protect purchasing power FRANKFURT (Reuters) – European Central Bank staff are losing faith in the institution’s leadership after the European Central Bank’s failure to control inflation and reward wages that undid …
EXCLUSIVE: ECB union says staff have lost faith in leadership on inflation and salaries Read More »
HONG KONG/BEIJING (Reuters) – China is in talks with Pfizer Inc (PFE.N) to obtain a license that would allow local drugmakers to manufacture and distribute a generic version of the US company’s antiviral drug Paxlovid. Three sources in China told Reuters. One source familiar with the matter said China’s medical products regulator – the National …
Exclusive: China is in talks with Pfizer for a generic COVID drug Read More »
(Reuters) – Former FTX chief attorney Daniel Friedberg cooperated with US prosecutors as they investigated the crypto company’s collapse, a source familiar with the matter said, adding pressure to founder Sam Bankman-Fried who was arrested last month on criminal fraud charges. . The person said Friedberg gave details of FTX in a Nov. 22 meeting …
EXCLUSIVE: The former FTX chief attorney helped US authorities in the Bankman-Fried case Read More »
The move makes Cho effectively Musk’s running mate Investors called for a deeper executive team, Musk’s focus Zhou, who was born in China, holds a New Zealand passport Zhu joined Tesla in 2014 Jan. 3 (Reuters) – Tesla Inc (TSLA.O) China head Tom Chu has been promoted to direct supervision of assembly plants in the …
EXCLUSIVE: Tesla makes China’s most popular CEO after Musk Read More »
