Explainer: Venezuela’s billions in distressed debt: who is in line to collect
Investors speculate on recovery values amid political and economic instabilityU.S. sanctions, lack of IMF involvement, among restructuring obstaclesVenezuela’s…
China’s ByteDance signs deal to form joint venture to operate TikTok US app
ByteDance retains 19.9% stake in new joint ventureOracle, Silver Lake, MGX to own 45% of TikTok USDSDeal addresses…
BP appoints Woodside’s Meg O’Neill as CEO after Auchincloss’ abrupt exit
Item 1 of 2 Meg O’Neill, chief executive officer (CEO) of Woodside Energy, poses for a portrait after…
LVMH CEO Arnault: Ask me again in 10 years about succession plansÂ
PARIS, Dec 17 (Reuters) – LVMH CEO Bernard Arnault said he was hoping he would be able to…
TikTok monitored Grindr activity through third-party tracker, privacy group alleges
TikTok, Grindr violated GDPR via cross-app tracking, group saysTikTok used cross-app data for ads, analyticsTikTok was previously fined…
Hong Kong leader raises Jimmy Lai conviction in meeting with China’s Xi
HONG KONG, Dec 16 (Reuters) – Hong Kong’s leader said on Tuesday he raised the conviction of pro-democracy…
Russian central bank says EU plans to use its assets are illegal
Central bank says it’s suing Euroclear in Moscow courtEU plans to use seized Russian assets to help UkraineCentral…
Oracle forecasts miss Wall Street targets while spending rises, shares slide 10%
Oracle’s cloud revenue growth may be coolingOracle’s adjusted profit boosted by $2.7 billion Ampere saleOracle’s future contracts rise…
EU strikes deal to weaken corporate sustainability laws
EU waters down rules after industry pressureExempts more companies from due diligence, sustainability reporting rulesDrops climate transition plans…
Ex-employees of US Justice Department blast ‘destruction’ of civil rights unit
Former DOJ staff criticize leadership for abandoning civil rights missionUS Assistant Attorney General shifts focus from traditional enforcement…
SpaceX to pursue 2026 IPO raising above $25 billion, source says
Dec 9 (Reuters) – Elon Musk’s SpaceX is pursuing an initial public offering next year, looking to raise…
Netflix faces consumer class action over $72 billion Warner Bros deal
Dec 9 (Reuters) – Netflix (NFLX.O), opens new tab has been hit with a consumer lawsuit seeking to…