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Collapse of FTX should serve as reminder of risks of crypto assets, ECB’s De Cos says

MADRID (Reuters) - The collapse of crypto exchange platform FTX should serve as a reminder for clients of the risks crypto assets entail, European Central Bank policymaker Pablo Hernandez de Cos said

Former director of Tesla Australia pleads guilty to insider trading

(Reuters) -A former director of Tesla Inc's Australian unit pleaded guilty to two counts of insider trading tied to a supply deal the carmaker signed with Piedmont Lithium in 2020, the country's

FTX’s Bankman-Fried, celebrity promoters sued in US by crypto investors

By Jody Godoy (Reuters) - U.S. crypto investors sued FTX founder Sam Bankman-Fried and several celebrities who promoted his exchange including comedian Larry David, alleging they engaged in deceptive

Grab lifts revenue forecast, delivery business breaks even

By Vansh Agarwal (Reuters) - Grab Holdings Ltd bumped up its 2022 revenue forecast on Wednesday as demand booms for the Southeast Asian super-app's rideshare and delivery services, sending its U.S.-

Surf Air confidentially files for direct listing after ending SPAC deal

(Reuters) - Electric aviation and air travel company Surf Air Mobility said on Wednesday it had confidentially filed for a direct listing in the United States, after its merger deal with a special

Peloton to sell exercise bikes on Amazon UK to improve demand

(Reuters) - Peloton Interactive Inc will start selling its exercise bike and other fitness accessories on e-commerce giant Amazon.com Inc's UK platform, it said on Wednesday, in an effort to combat

Factbox: What are FTX’s investors saying?

(Reuters) - FTX, formerly one of the world's largest crypto exchanges, is seeking new funding after a rush of customer withdrawals left it on the brink of collapse. Regulators froze some assets of the

Trump-tied stocks jump as former president launches 2024 White House bid

By Shreyashi Sanyal (Reuters) - Shares of companies tied to former U.S. President Donald Trump jumped on Wednesday after he launched a bid to regain the presidency in 2024. Aiming to preempt potential

Musk tells Twitter staff: opt in for ‘hardcore’ or take severance

By Hyunjoo Jin and Fanny Potkin (Reuters) - Elon Musk sent a message to Twitter staff telling them that they had until Thursday to consider whether they wanted to stay on for "working long hours at

Lockheed gets Microsoft classified cloud to speed work with Pentagon

By Mike Stone WASHINGTON (Reuters) - Microsoft will provide Lockheed Martin with its first classified cloud as part of a three-year deal, executives said on Wednesday, making it easier for the United

On Camera

YourTurn

File photo of smog in Delhi. Some doctors have called air pollution a bigger threat than Covid-19.| Photo: Suraj Singh Bisht | ThePrint

Air quality is better but not enough to banish air purifiers. Here are options for your room & car

What’s the solution for people who cannot leave Delhi? Air purifiers from Dyson's expensive range to Xiaomi's affordable ones can be of help.

NFRA to conduct audit quality inspections of five audit firms

New Delhi, Nov 16 (PTI) The National Financial Reporting Authority (NFRA) will carry out audit quality inspections of five audit firms, including the...

Defence

The Defence Services Staff College in Wellington | Image credit: dssc.gov.in

In a first, six women officers to enter prestigious Defence Services Staff College

As many as 15 women appeared for the examination, out of which six were selected, including one who has made it to the course along with her husband. 

Why military is more for asserting political will, not just about controlling territory

No matter what tactics, doctrine, or weapon system is used, the objective of any war is to control territory, argues Gen. MM Naravane (retd). But it's politics that matters most.