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Even after FTX's collapse, most influential crypto cos follow own rules

The lack of effective corporate governance and due diligence conducted on FTX's books raised eyebrows around the world. But for crypto industry watchers, it's not an unfamiliar tale

Goldman Sachs moves past 1MDB scandal with new office in Abu Dhabi

Goldman Sachs's new outpost will open in Abu Dhabi Global Market, pending final regulatory approval, according to an internal memo seen by Bloomberg News

'Bangkok Spring' sets up showdown over role of monarchy in Thailand

Pita Limjaroenrat, the 42-year-old Harvard-educated leader of Move Forward, staked his claim to becoming Thailand's prime minister after his party won the most seats

European Union's carbon emissions fall in climate boost as economy grows

Emissions in the EU fell by 4% in the fourth quarter compared with a year earlier, according to Eurostat data published Monday. Gross domestic product climbed 1.5% over the same timeframe

UK's 'greedflation' concerns are groundless, says ex-BOE rate setter

Saunders, a member of the Monetary Policy Committee between 2016 and 2022, found that profit margins in the manufacturing and services sectors have slipped below the long-run average

George Soros's firm among top bidders to acquire Vice out of bankruptcy

Vice's rapid downfall underscores the challenges facing digital media companies, which are struggling as advertisers cut spending during an uncertain economy

Adani stocks have seasonality to help in recovery from $100 billion rout

Stocks of at least four companies controlled by billionaire Gautam Adani - including the conglomerate's flagship Adani Enterprises Ltd. - show a strong tendency to climb in the second half of year

US investors eye gold, treasuries, Bitcoin as debt-limit default risk peaks

Traditional haven currencies like the Japanese yen and the Swiss franc had some fans, but each were less popular than the US dollar or, perhaps more strikingly Bitcoin

China opens new channel giving access to $3 trn swap market with Hong Kong

China has set a 20 billion yuan ($2.9 billion) daily limit for net trading under Swap Connect, and instruments eligible include swaps referencing the seven-day fixing repurchase rate

Thailand's pro-democracy groups dominate vote after decade of military rule

Emerging as the biggest winner of the night, Move Forward leader Pita Limjaroenrat was greeted Sunday evening by supporters shouting "Prime minister! prime minister! prime minister!"

Nearly $196-million jewellery auctions in Geneva set world record

The first one totaled 138.3 million Swiss francs ($154 million), already setting a world record for a single-owner jewelry sale

Shortage of beans drives up cost of even the cheapest cup of coffee

While many coffee lovers prefer the high-quality arabica beans sold in cafes, robusta is normally less expensive because the tree is hardier and requires less care

Excited to transform platform, says Twitter's new CEO Linda Yaccarino

Yaccarino is joining Twitter from her job as head of global advertising at NBCUniversal. She will work closely with Musk, who will be both chief technology officer and executive chairman

Bangladesh and Myanmar order mass evacuations as cyclone Mocha nears

The storm could hit the world's biggest refugee camp in Bangladesh, home to about a million Rohingyas who fled there years ago from neighboring Myanmar

BJP faces Karnataka assembly election loss ahead of 2024 Lok Sabha polls

A loss in the only state in southern India where it held power indicates that the BJP and its brand of Hindu nationalism have not made a significant impact in the region

Google co-founders see biggest gain since Feb 2021 as AI boost lifts stock

Google will start experimenting with a more conversational search engine and has made its AI-powered chatbot available more broadly, the Mountain View, California-based company said

AI frenzy accounts for all of S&P 500 gain this year, says SocGen

AI-hungry investors have propelled shares of Nvidia Corp., which makes the chips needed for complex AI computing tasks, up by 96% this year

Elon Musk appointing NBC's Linda as new Twitter CEO won't change much

In about six weeks, Musk will move to executive chairman and chief technology officer, overseeing product, software and sysops, he wrote on Twitter

Meta's 'AI Sandbox' to create advertisements, predict performance

Meta, which runs Facebook and Instagram, also introduced a new AI-based model that can help businesses predict the performance of ads using a bigger data set than previously

Evercore hires media, telecom bankers from Credit Suisse amid takeover

The US advisory firm has recruited managing directors Giuseppe Monarchi, Laurence Hainault and Francesco Gurrieri, the people said