EXPLAINER-How would a US bitcoin strategic reserve work?
By Gertrude Chavez-Dreyfuss and Lisa Pauline Mattackal WASHINGTON (Reuters) – President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.S. cryptocurrency stockpile. He has directed the group,
Factbox-Who owns what in Italy’s banking battles
ROME (Reuters) – Bailed-out lender Monte dei Paschi di Siena (MPS) launched on Friday a 13.3 billion euro ($13.9 billion) all-share buyout offer for Mediobanca (OTC:MDIBY), in the latest surprise twist of a complex Italian banking saga. The following table sets
Monte dei Paschi launches 13.3-billion-euro all share bid for Mediobanca
By Valentina Za MILAN (Reuters) – Bailed-out lender Monte dei Paschi di Siena (MPS) said on Friday it was launching a 13.3 billion euro ($13.9 billion) all-share buyout offer for Mediobanca (OTC:MDIBY), in the latest surprise twist of a complex Italian
Harry Potter publisher Bloomsbury strikes supply agreement with Amazon
(Reuters) – Harry Potter publisher Bloomsbury Publishing said on Friday it has reached a new long-term supply agreement with Amazon (NASDAQ:AMZN). The publishing house, also known for publishing ‘romantasy’ novels by American author Sarah J. Maas, reiterated its confidence in the
Ericsson’s Q4 revenue, core profit rises on US demand recovery
STOCKHOLM (Reuters) – Swedish telecom equipment maker Ericsson (BS:ERICAs) reported on Friday a rise in fourth-quarter revenue and adjusted operating profit as its mainstay North American market returned to growth. Net sales rose 1% to 72.9 billion crowns ($6.66 billion), beating