SOME Chinese financial institutions are rushing employees back to office as surging absences of traders and other key personnel due to the nation’s massive Covid-19 outbreak start to disrupt operations.
ACQUISITION talks between crypto lenders Nexo and Vauld haven’t yet resulted in an agreement, as Vauld stares down a Jan 20 deadline to present a restructuring plan to creditors.
Discussions with Nexo “had unfortunately not come to fruition,” Vauld wrote on Monday in an email to creditors.
THE Bank of Russia could raise interest rates in 2023 if inflationary risks such as labour shortages and import restrictions have a meaningful impact, Deputy Governor Alexei Zabotkin told the RBC daily in an interview.


















