Category Archives:
Hollywood actors’ contract clears union board, heads to member vote
LOS ANGELES (Reuters) - The national board of the SAG-AFTRA actors union endorsed a tentative contract agreement with Hollywood studios on Friday and will send the proposal to membership for a final r...
Nov 10, 2023
Explainer-What is Lockbit? The digital extortion gang on a cybercrime spree
By Zeba Siddiqui and James Pearson SAN FRANCISCO/LONDON (Reuters) - A cybercriminal group named Lockbit, which on Friday said it breached the Industrial and Commercial Bank of China(ICBC), has hacked ...
Nov 10, 2023
Moody’s changes US ratings outlook to negative, affirms AAA
(Reuters) - Moody's on Friday changed the outlook on the government of United States of America's ratings to "negative" from "stable". The rating agency said it expects United States' fiscal deficits ...
Nov 10, 2023
Koc Holding revokes pact with Ford, LG Energy Solution for Turkey battery JV
By Ebru Tuncay and Heekyong Yang ANKARA/SEOUL (Reuters) - Turkey's Koc Holding said on Friday it revoked an earlier agreement with Ford and South Korean battery maker LG Energy Solution (LGES) for a j...
Nov 10, 2023
Hedge funds short US financial stocks at near record levels -Goldman Sachs
By Carolina Mandl NEW YORK (Reuters) - Global hedge funds built bearish positions this week to the highest level in nearly five years, Goldman Sachs said on Friday, without citing the underlying reaso...
Nov 10, 2023
Exclusive-Google in talks to invest in AI startup Character.AI -sources
By Krystal Hu (Reuters) - Alphabet's Google is in talks to invest hundreds of millions of dollars in Character.AI, as the fast growing artificial intelligence chatbot startup seeks capital to train mo...
Nov 10, 2023
Biden officials reject Moody’s shift to ‘negative’ outlook, point to Republican ‘dysfunction’
WASHINGTON (Reuters) - Top Biden administration officials on Friday rejected a decision by Moody's ratings agency to downgrade its U.S. economic outlook to negative from stable, calling the shift a re...
Nov 10, 2023
Yellen: no impact on US Treasury market from ICBC hack
By Ann Saphir and David Lawder SAN FRANCISCO (Reuters) - U.S. Treasury Secretary Janet Yellen on Friday said the ransomware attack on the Industrial and Commercial Bank of China that disrupted China's...
Nov 10, 2023
Brazilian cotton hits the runway at Sao Paulo Fashion Week
SAO PAULO (Reuters) - Brazilian cotton producers took the natural fiber to the runway on Thursday night, strutting the catwalk of Sao Paulo Fashion Week (SPFW) in celebration of the 150th anniversary ...
Nov 10, 2023
Exclusive-ICBC hack led to unit temporarily owing BNY $9 billion – sources
NEW YORK (Reuters) -Industrial and Commercial Bank of China's hack left its U.S. unit temporarily owing Bank of New York Mellon $9 billion as a result of unsettled trades, prompting the parent to inje...
Nov 10, 2023
Peoria, IL, USA
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