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News Highlights: Top Company News of the Day


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Federal, State Authorities Challenge Purdue s Bankruptcy Deal With Sacklers
Opposition from the Justice Department and nine attorneys general represents the most significant challenge to Purdue Pharma s plan as it prepares for a bankruptcy trial next month.
Netflix May Find No Business Like Show Business
The streaming giant confirms interest in videogames as subscriber growth remains mired in a post-pandemic slump.
Autodesk Ends Acquisition Talks with Altium
Autodesk has ended its talks to potentially acquire Australian software firm Altium after the unsolicited takeover proposal was rejected last month on valuation grounds.
Rio Tinto, Bougainville Residents Strike Deal to Assess Impact of Closed Mine ....

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EMEA Morning Briefing: Stocks to Edge Higher But -2-


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Crypto Exchange FTX Valued at $18 Billion in Funding Round
Cryptocurrency exchange FTX has raised money at an $18 billion valuation, a deal that shows investors enthusiasm for digital currencies even after a crash that erased half of bitcoin s value over the past three months.
FTX raised $900 million in a new funding round that closed Tuesday. Participants in the round included Japanese technology investor SoftBank Group Corp., Silicon Valley venture-capital firm Sequoia Capital and Third Point, the hedge fund led by billionaire Daniel Loeb, FTX said.
U.S.-German Deal on Russia s Nord Stream 2 Pipeline Expected Soon
The U.S. and Germany have reached an agreement allowing the completion of a controversial Russian natural-gas pipeline, according to officials from Berlin and Washington, who expect to announce the deal as soon as Wednesday, bringing an end to years of tension between the two allies. ....

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