June 17 Reuters Binance, the world39;s biggest cryptocurrency exchange, and Binance.US have entered into an agreement with the U.S. Securities and Exchange Commission to ensure that U.S. customer assets remain in the United States until a sweeping lawsuit filed this month by the regulatory agency is resolved. The agreement, disclosed in court papers filed late on Friday, […]

RABAT, June 19 Reuters The International Monetary Fund IMF is working on a platform for central bank digital currencies CDBCs to enable transactions between countries, IMF Managing Director Kristalina Georgieva said on Monday. CBDCs should not be fragmented national propositions… To have more efficient and fairer transactions we need systems that connect countries we need […]

MS cuts prices of 70 products, holds prices of 150 Morrisons cuts prices of 47 products Moves follow other reductions across sector Bank of England keeping close eye on food inflation LONDON, June 19 Reuters Marks Spencer on Monday became the latest supermarket group in Britain to cut food prices, adding to signs that a surge […]

PARISTORONTO, June 18 Reuters A year ahead of the Paris Olympics, flying taxi maker Volocopter wants to prove to executives at the Paris Airshow it is on track to ferry customers around the sporting showcase and take off globally. The world39;s largest air show tends to focus on military and commercial planes. But electric vertical […]

SHANGHAI, June 19 Reuters Sales on JD.com39;s ecommerce site during China39;s midyear shopping festival the first major shopping event since the country39;s reopening grew more than expected, according to brokerages39; estimates based on data they have received. The Chinese ecommerce giant saw sales rise 68 over the 618 festival period that ran from late May through […]

SAO PAULO, June 19 Reuters Electric aircraft maker Eve and Blade Air Mobility are expanding their partnership to integrate Eve39;s upcoming flying car into Blade39;s European route network, starting with France, the companies said on Monday. The deal follows similar agreements between the firms, which are currently participating in the Paris Airshow, to use Eve39;s electric vertical […]

PARISMEXICO CITY, June 18 Reuters Airbus is in advanced talks over a major new order from Mexican ultralowcost carrier Viva Aerobus, industry sources said on Sunday. The number of new narrowbody planes being discussed ran into triple digits, meaning at least 100, the sources added, declining to go into more detail. Airbus declined to comment. We […]

TIM39;s board meet for initial review of bids Expected to select KKR for talks on Thursday TIM needs to review terms of deal ROME, June 19 Reuters Telecom Italia TIM is leaning towards entering talks with KKR over the sale of its prized landline grid, two sources said, as the U.S. fund39;s offer is seen as preferable […]

Move marks biggest foreign investment in Germany in history Intel to get 10 bln euros in subsidies from Germany source Move highlights Berlin39;s efforts to attract foreign investment Tens of thousands of jobs to be created as a result Intel Intel shares 0.4 in Frankfurt BERLINSTOCKHOLM, June 19 Reuters Intel will invest more than 30 billion […]

Reuters SVB Financial Group said on Sunday it has entered into an agreement to sell its investment banking division, SVB Securities, to a group led by Jeff Leerink and backed by funds managed by The Baupost Group. The bidder group led by Leerink, who is chief executive of SVB Securities, will acquire the investment banking business […]