Dec 19, 2023
FTX resolves dispute with Bahamian liquidators

By Dietrich Knauth (Reuters) -Bankrupt crypto exchange FTX Trading on Tuesday announced a settlement with liquidators for FTX's Bahamas unit, resolving a long-simmering dispute over whether the company's U.S. bankruptcy proceedings should take precedence over the Bahamian liquidation. FTX and…

Dec 19, 2023
Shippers mask positions, weigh options amid Red Sea attacks

By Florence Tan and Lisa Barrington (Reuters) -A number of container ships are anchored in the Red Sea and others have turned off tracking systems as traders adjust routes and prices in response to maritime attacks by Yemen's Iran-aligned Houthis…

Dec 18, 2023
Amazon in talks to invest in Diamond Sports – WSJ

(Reuters) -Amazon is in talks to invest in regional-sports programmer Diamond Sports, a move that would advance the e-commerce giant's aggressive push into sports content, the Wall Street Journal reported on Monday, citing people familiar with the matter. Diamond Sports…

Dec 18, 2023
EU targets Musk’s X in first illegal content probe

By Supantha Mukherjee STOCKHOLM (Reuters) -The European Union is investigating social media company X over suspected breaches of obligations, partly relating to posts following Hamas' attacks on Israel, its first probe under the Digital Services Act (DSA). The DSA came…