 | | | | Losses arising from cryptocurrency hacks jumped nearly 60% in the first seven months of the year to $1.9 billion, propelled by a surge in funds stolen from decentralized finance (DeFi) protocols, according to a blog post from blockchain analysis firm Chainalysis released on Tuesday. | | | | | | Juicy Couture and Forever 21 owner Authentic Brands (ABG) has agreed to buy Ted Baker in a deal worth roughly 211 million pounds ($254 million), ending months of speculation over the fate of the British fashion group. | | | | | | European Union representatives have approached Brazil's government seeking to rekindle negotiations with South America's Mercosur bloc on a stalled trade agreement, two sources with direct knowledge of the matter told Reuters. | | | | | | China slashed holdings of U.S. Treasuries for a seventh consecutive month in June, Treasury department data released on Monday showed, with investors closely tracking this measure in the wake of tensions between the world's two largest economies involving Taiwan. | | | | | | A fatal crash involving four vehicles on a German highway did not involve a self-driving car, BMW said on Tuesday, refuting a police statement that had questioned whether the driver had been actively steering the vehicle at the time. | | | | | | U.S. regulators have been peppering firms offering funds that are marketed as sustainable with queries for several months, including how they lend out their shares and whether they recall them before corporate elections, Bloomberg News reported. | | | | | | U.S. stock index futures inched lower on Tuesday as investors assessed results from retailers Walmart and Home Depot, while signs of a slowing global economy continued to keep investors on edge. | | | | | | India's wholesale inflation rose 13.93% in July from a year earlier, helped by a lower increase in food prices, but it stayed in double digits for a 16th month, amid expectations that the central bank will again raise policy rates next month. | | | | | | Activist investor Elliott Management has sold almost all its remaining shares in SoftBank Group Corp after previously investing as much as $2.5 billion, the Financial Times said on Tuesday, citing unidentified sources. | | | | | | China will boost economic demand in a strong, reasonable and moderate manner and accelerate infrastructure construction in the third quarter of the year, officials from the state planner said on Tuesday. | | | | | |
