By Katya Golubkova and Pesha Magid
TOKYO/RIYADH (Reuters) - Saudi Arabia is sending a delegation that includes the kingdom's investment minister to China this week, four people familiar with the matter said, as the world's largest oil exporter looks for foreign funding for its ambitious economic transformation.
Two other people briefed on the visit said that Crown Prince Mohammed Bin Salman, the kingdom's prime minister and de facto... (continue reading...)
NEW YORK (Reuters) - U.S. online spending is experiencing a rebound, spurred by high gas prices, convenient delivery options and a surge in deals following a brief post-pandemic slump, U.S. retailers say.
Americans, who embraced shopping online when many stores were closed or limited traffic, may be coming back to it now, retailers say. However, the sustainability of these recent gains will depend on whether gas prices remain high and if shoppers can... (continue reading...)
LONDON (Reuters) - Britain's financial regulator has approved WisdomTree's bid to list exchange-traded products (ETPs) backed by cryptocurrencies bitcoin and ether on the London Stock Exchange, the asset manager said on Wednesday ahead of an expected launch this month.
The approval comes after Britain's Financial Conduct Authority (FCA) in March approved the launch of what it called "cETNs" - cryptoasset-backed exchange traded notes - for professional... (continue reading...)
(Reuters) - Anglo American on Wednesday rejected a takeover proposal from BHP Group that valued the company at 29.34 pounds per share.
(Reporting by Clara Denina and Felix Njini; Editing by Shinjini Ganguli)
(Reuters) - Intercontinental Exchange Inc (ICE) will pay a $10 million penalty to settle charges its subsidiaries failed to immediately alert the Securities and Exchange Commission of a cyber intrusion incident, the SEC said on Wednesday.
In a statement, the SEC said that in April 2021, ICE discovered someone had installed a malicious code into a VPN device used to remotely access the corporate network.
But ICE personnel did not notify... (continue reading...)
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